Icahn Enterprises (IEP) Cost of Revenue (2010 - 2026)

Icahn Enterprises (IEP) has 10 years of Cost of Revenue data on file, last reported at $2.3 billion in Q1 2026.

• Quarterly Cost of Revenue rose 16.07% year-over-year to $2.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.3 billion (down 3.96% YoY) and the FY2025 annual result came in at $8.0 billion, down 7.44% from the prior year.
• Cost of Revenue climbed to $2.3 billion in Q1 2026, from $2.2 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.
• A 5-year average of $2.4 billion and a median of $2.3 billion in 2023 frame the typical range for Cost of Revenue.
• Annual changes were most pronounced in 2022 — Cost of Revenue soared 33.3% — and 2023, when it retreated 27.22%.
• Tracing IEP's Cost of Revenue over 5 years: stood at $3.0 billion in 2022, then decreased by 19.35% to $2.4 billion in 2023, then slipped by 7.86% to $2.2 billion in 2024, then dropped by 1.55% to $2.2 billion in 2025, then climbed by 8.38% to $2.3 billion in 2026.
• The last three Cost of Revenue figures came in at $2.3 billion (Q1 2026), $2.2 billion (Q4 2025), and $1.7 billion (Q3 2025), per Business Quant data.