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MGP Ingredients MGPI Q1 2025 earnings

Reported May 1, 2025 · Before market open

Revenue$121.7MMiss by $15.4M
EPS$0.36Beat by $0.05
Revenue estimate$137.1M
EPS estimate$0.31

Next report

Date not yet announced

Financials

Q1 2025

Income statement

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Revenue$121.7M-28.7%
Gross profit$43.3M-31.0%
Operating income-$747.0K-103%
Net income-$3.0M-115%
EPS (diluted)-$0.14-115%

Balance sheet

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Cash & equivalents$20.1M+3.2%
Total debt$316.3M-0.1%
Total equity$828.3M-4.5%
Total assets$1.4B-0.9%

Cash flow

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Operating cash flow$44.7M+81.5%
CapEx$19.9M-26.3%
Free cash flow$24.8M+1,130%

Valuation & ratios

Valuation

as of 03/31/25
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Market cap$624.92M-67.2%
Enterprise value$921.07M-58.2%
P/S-1.4×

Profitability

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Gross margin40.8%+3.8pp
FCF margin8.9%+4.3pp

Returns & leverage

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Debt / equity0.4×0.0×
Current ratio2.8×-3.5×

Segments

By product

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Brown goods$33.7M-49.3%
Premium plus$22.3M+6.8%
Specialty wheat starches$15.9M-28.8%
Mid$13.0M-11.7%
Warehouse services$8.1M+1.5%

By segment

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Branded Spirits$48.2M-3.8%
Distilling Solutions$46.9M-44.7%
Ingredient Solutions$26.5M-25.5%

By geography

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Foreign sources$9.1M+0.7%

Versus estimates

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Questions, answered.

When did MGP Ingredients report Q1 2025 earnings?
MGP Ingredients (MGPI) reported Q1 2025 earnings on May 1, 2025 before market open.
What were MGP Ingredients's Q1 2025 revenue and EPS?
MGP Ingredients reported revenue of $121.7M and eps of $0.36 for Q1 2025.
Did MGP Ingredients beat estimates in Q1 2025?
Revenue missed the consensus estimate of $137.1M by $15.4M. EPS beat the consensus estimate of $0.31 by $0.05.
How did MGP Ingredients's Q1 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue declined 28.7% from $170.6M a year earlier and eps declined 66.4% from $1.07.
Where can I find MGP Ingredients's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0001628280-25-021329) directly on SEC EDGAR. The filing index links above go to sec.gov.