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Wednesday, 02/25/2026 9:09:11 AM

Wednesday, February 25, 2026 9:09:11 AM

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GREAT ERNINGS!

Icahn Enterprises L.P. (Nasdaq: IEP) Today Announced Its Fourth Quarter and Full Year 2025 Financial Results
February 25, 2026

SUNNY ISLES BEACH, Fla., Feb. 25, 2026 /PRNewswire/ --

Q4 2025 Adjusted EBITDA was $281 million, compared to Adjusted EBITDA of $16 million in Q4 2024

Q4 2025 net income attributable to IEP was $1 million, compared to a net loss of $98 million in Q4 2024

IEP declares fourth quarter distribution of $0.50 per depositary unit


Indicative Net Asset Value was approximately $3.2 billion as of December 31, 2025, a decrease of $654 million compared to September 30, 2025. The decrease was primarily due to a decrease of $778 million of our long position in CVI and the Holding Company's net interest expense of $75 million. The decrease was offset in part by the positive performance from the Funds of $261 million
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