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MGP Ingredients MGPI Branded Spirits — Advertising and promotion expenses

Other segment segments

Distilling Solutions
$86K-41.1%
Ingredient Solutions
$8K-97.5%

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DECKOther Brands Segment — Advertising, marketing, and promotion expenses
$3.97M-16.2%
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MNSTStrategic Brands — Sales & Marketing
$12.85M+13.7%
Valvoline logo
VVVAdvertising
$18.58M+7.1%

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:MarketingAndAdvertisingExpense.

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 branded spirits — advertising and promotion expenses?
MGP Ingredients (MGPI) reported branded spirits — advertising and promotion expenses of $6.01M in Q1 2026.
How has MGP Ingredients's branded spirits — advertising and promotion expenses changed year-over-year?
MGP Ingredients's branded spirits — advertising and promotion expenses decreased by 21.5% year-over-year, from $7.65M to $6.01M.
What is the long-term trend for MGP Ingredients's branded spirits — advertising and promotion expenses?
Over 3 years (2022 to 2025), MGP Ingredients's branded spirits — advertising and promotion expenses has grown at a 2.3% compound annual growth rate (CAGR), from $27.34M to $29.23M.
What does branded spirits — advertising and promotion expenses mean?
Expenditures dedicated to marketing, brand building, and promotional activities for the branded spirits portfolio. These costs are essential for driving consumer awareness and maintaining market share in a competitive industry.