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MGP Ingredients MGPI Gross Profit
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Where this comes from
Reported directly by MGP Ingredients in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
The source filing: MGP Ingredients’s 10-Q, filed July 29, 2026.
- Filed
- Jul 29, 2026, 7:32 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000835011-26-000103
| Line item | Quarter Ended June 30, 2026 | Quarter Ended June 30, 2025 | Year to Date Ended June 30, 2026 | Year to Date Ended June 30, 2025 |
|---|---|---|---|---|
| Sales | $124,357 | $145,494 | $230,784 | $267,147 |
| Cost of sales | 77,886 | 87,107 | 150,731 | 165,430 |
| Gross profit | 46,471 | 58,387 | 80,053 | 101,717 |
| Advertising and promotion expenses | 5,683 | 6,913 | 11,874 | 15,085 |
| Selling, general, and administrative expenses | 20,237 | 23,156 | 41,303 | 44,361 |
| Provision for credit loss | 2,148 | — | 2,148 | — |
| Impairment and other | 751 | — | 180,277 | — |
| Change in fair value of contingent consideration | — | 8,000 | — | 22,700 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is MGP Ingredients's gross profit?
- MGP Ingredients (MGPI) reported gross profit of $46.47M in Q2 2026.
- How has MGP Ingredients's gross profit changed year-over-year?
- MGP Ingredients's gross profit decreased by 20.4% year-over-year, from $58.39M to $46.47M.
- What is the long-term trend for MGP Ingredients's gross profit?
- Over 4 years (2021 to 2025), MGP Ingredients's gross profit has grown at a 0.1% compound annual growth rate (CAGR), from $198.97M to $199.41M.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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