What is MGP Ingredients's change in income taxes?

MGP Ingredients (MGPI) reported change in income taxes of $3.08M in Q1 2026.

How has MGP Ingredients's change in income taxes changed year-over-year?

MGP Ingredients's change in income taxes increased by 246.8% year-over-year, from -$2.09M to $3.08M.

What does change in income taxes mean?

Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.

MGP Ingredients MGPI Change in Income Taxes

Change in Income Taxes at other companies

Brown-Forman CorporationBF.A

-$22M-633%

Boston BeerSAM

-$7.89M-19.9%

Keurig Dr PepperKDP

$43M+259%

Universal CorporationUVV

$12.08M-31.1%

Monster BeverageMNST

$83.36M+35.2%

PepsiCoPEP

$131M-41.3%

Other financials

Income statement

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Revenue$106.4M-12.5%

Gross profit$33.6M-22.5%

Operating income-$173.2M-23,086%

Net income-$134.8M-4,358%

EPS (diluted)-$6.30-4,400%

Balance sheet

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Cash & equivalents$10.4M-48.5%

Total debt$260.4M-17.7%

Total equity$581.3M-29.8%

Total assets$1.0B-25.2%

Cash flow

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Operating cash flow$7.0M-84.4%

CapEx$5.7M-71.3%

Free cash flow$1.2M-95.0%

Valuation

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Market cap$349.42M-44.4%

Enterprise value$599.43M-35.1%

P/S0.7×-0.3×

Profitability

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Gross margin36.4%-4.4pp

Operating margin-51.2%—

Net margin-46%—

FCF margin10.2%+1.3pp

Returns & leverage

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Return on equity-34%—

Debt / equity0.4×+0.1×

Current ratio2.7×-0.1×

Where this comes from

Reported directly by MGP Ingredients in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedIncomeTaxesPayable.

The official record: MGP Ingredients’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is MGP Ingredients's change in income taxes?: MGP Ingredients (MGPI) reported change in income taxes of $3.08M in Q1 2026.
How has MGP Ingredients's change in income taxes changed year-over-year?: MGP Ingredients's change in income taxes increased by 246.8% year-over-year, from -$2.09M to $3.08M.
What does change in income taxes mean?: Change in income tax receivables and payables, reflecting timing between tax accruals and cash payments.