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Icahn Enterprises (IEP) Cost of Revenue (2019 - 2025)

Icahn Enterprises (IEP) has disclosed Cost of Revenue for 8 consecutive years, with $2.2 billion as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue fell 1.73% year-over-year to $2.2 billion, compared with a TTM value of $8.0 billion through Dec 2025, down 7.44%, and an annual FY2025 reading of $8.0 billion, down 7.44% over the prior year.
  • Cost of Revenue was $2.2 billion for Q4 2025 at Icahn Enterprises, up from $1.7 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $3.2 billion in Q2 2022 and bottomed at $1.7 billion in Q3 2025.
  • Average Cost of Revenue over 5 years is $2.4 billion, with a median of $2.3 billion recorded in 2021.
  • The sharpest move saw Cost of Revenue skyrocketed 33.3% in 2022, then decreased 27.22% in 2023.
  • Year by year, Cost of Revenue stood at $2.7 billion in 2021, then increased by 10.19% to $3.0 billion in 2022, then dropped by 19.35% to $2.4 billion in 2023, then dropped by 7.69% to $2.2 billion in 2024, then decreased by 1.73% to $2.2 billion in 2025.
  • Business Quant data shows Cost of Revenue for IEP at $2.2 billion in Q4 2025, $1.7 billion in Q3 2025, and $2.1 billion in Q2 2025.