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Icahn Enterprises (IEP) Cost of Revenue (2019 - 2026)

Icahn Enterprises filings provide 9 years of Cost of Revenue readings, the most recent being $2.2 billion for Q4 2025.

  • On a quarterly basis, Cost of Revenue fell 1.55% to $2.2 billion in Q4 2025 year-over-year; TTM through Dec 2025 was $8.0 billion, a 7.44% decrease, with the full-year FY2025 number at $8.0 billion, down 7.44% from a year prior.
  • Cost of Revenue hit $2.2 billion in Q4 2025 for Icahn Enterprises, up from $1.7 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $3.2 billion in Q2 2022 to a low of $1.7 billion in Q3 2025.
  • Median Cost of Revenue over the past 5 years was $2.3 billion (2021), compared with a mean of $2.4 billion.
  • Biggest five-year swings in Cost of Revenue: surged 33.3% in 2022 and later fell 27.22% in 2023.
  • Icahn Enterprises' Cost of Revenue stood at $2.7 billion in 2021, then grew by 10.4% to $3.0 billion in 2022, then dropped by 19.35% to $2.4 billion in 2023, then decreased by 7.86% to $2.2 billion in 2024, then fell by 1.55% to $2.2 billion in 2025.
  • The last three reported values for Cost of Revenue were $2.2 billion (Q4 2025), $1.7 billion (Q3 2025), and $2.1 billion (Q2 2025) per Business Quant data.