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      <registrantType>IM</registrantType>
      <liveTestFlag>LIVE</liveTestFlag>
      <filer>
        <issuerCredentials>
          <cik>0001452857</cik>
          <ccc>XXXXXXXX</ccc>
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      <flags>
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        <confirmingCopyFlag>false</confirmingCopyFlag>
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      <periodOfReport>06/30/2026</periodOfReport>
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    <coverPage>
      <yearOrQuarter>YEAR</yearOrQuarter>
      <reportCalendarYear>2026</reportCalendarYear>
      <reportingPerson>
        <name>STEEL PARTNERS HOLDINGS L.P.</name>
        <phoneNumber>212-520-2388</phoneNumber>
        <address>
          <com:street1>590 MADISON AVENUE, 32ND FLOOR</com:street1>
          <com:city>NEW YORK</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10022</com:zipCode>
        </address>
      </reportingPerson>
      <agentForService>
        <name>Maria Reda</name>
        <address>
          <com:street1>Steel Partners Holdings L.P.</com:street1>
          <com:street2>590 Madison Avenue, 32nd Floor</com:street2>
          <com:city>New York</com:city>
          <com:stateOrCountry>NY</com:stateOrCountry>
          <com:zipCode>10022</com:zipCode>
        </address>
      </agentForService>
      <reportInfo>
        <reportType>INSTITUTIONAL MANAGER VOTING REPORT</reportType>
        <confidentialTreatment>N</confidentialTreatment>
      </reportInfo>
      <fileNumber>028-14001</fileNumber>
      <reportingSecFileNumber>001-35493</reportingSecFileNumber>
      <leiNumber>5493009U8Z59G5SIZ389</leiNumber>
      <explanatoryInformation>
        <explanatoryChoice>N</explanatoryChoice>
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    <summaryPage>
      <otherIncludedManagersCount>6</otherIncludedManagersCount>
      <otherManagers2>
        <investmentManagers>
          <serialNo>1</serialNo>
          <form13FFileNumber>28-14563</form13FFileNumber>
          <name>SPH Group Holdings LLC</name>
        </investmentManagers>
        <investmentManagers>
          <serialNo>2</serialNo>
          <form13FFileNumber>28-14887</form13FFileNumber>
          <name>SPH Group LLC</name>
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        <investmentManagers>
          <serialNo>3</serialNo>
          <form13FFileNumber>28-14886</form13FFileNumber>
          <name>Steel Partners Holdings GP Inc.</name>
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        <investmentManagers>
          <serialNo>4</serialNo>
          <form13FFileNumber>28-19004</form13FFileNumber>
          <secFileNumber>000-15071</secFileNumber>
          <name>Steel Excel Inc.</name>
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        <investmentManagers>
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          <secFileNumber>001-35319</secFileNumber>
          <name>Steel Connect, Inc.</name>
        </investmentManagers>
        <investmentManagers>
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          <form13FFileNumber>28-26392</form13FFileNumber>
          <name>SP Strategic Holdings LLC</name>
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    </summaryPage>
    <signaturePage>
      <reportingPerson>STEEL PARTNERS HOLDINGS L.P.</reportingPerson>
      <txSignature>Maria Reda</txSignature>
      <txPrintedSignature>Maria Reda</txPrintedSignature>
      <txTitle>Secretary</txTitle>
      <txAsOfDate>08/18/2026</txAsOfDate>
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