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MGP Ingredients MGPI Branded Spirits — D&A

Other segment segments

Ingredient Solutions
$2.12M+62.1%
Distilling Solutions
$1.77M-12.7%

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Other financials

Income statement

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Revenue$124.4M-14.5%
Gross profit$46.5M-20.4%
Operating income$17.7M-13.1%
Net income$12.0M-16.8%
EPS (diluted)$0.55-17.9%

Balance sheet

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Cash & equivalents$17.8M+2.7%
Total debt$384.2M+21.8%
Total equity$590.8M-29.8%
Total assets$1.1B-23.7%

Cash flow

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Operating cash flow-$47.7M-509%
CapEx$4.5M-63.2%
Free cash flow-$52.2M

Valuation

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Market cap$380.96M-34.3%
Enterprise value$747.33M-14.8%
P/S0.8×-0.2×

Profitability

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Gross margin35.5%-4.2pp
Operating margin-53.9%
Net margin-48.4%
FCF margin0.2%-9.6pp

Returns & leverage

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Return on equity-33.8%
Debt / equity0.7×+0.3×
Current ratio+4.1×

Where this comes from

Reported directly by MGP Ingredients in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

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 itemBranded SpiritsDistilling SolutionsIngredient SolutionsCorporateTotal
Cost of Goods Sold28,03417,91831,93477,886
Gross Profit31,59611,3023,57346,471
Advertising and promotion expense5,546114235,683
SG&A expense7,94571776310,81220,237
Provision for credit loss2,1482,148
Impairment and other751751
Operating income (loss)$15,206$10,585$2,696$(10,835)$17,652
Depreciation and amortization$2,144$1,767$2,119$356$6,386

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MGP Ingredients's branded spirits — D&A?
MGP Ingredients (MGPI) reported branded spirits — D&A of $2.14M in Q2 2026.
How has MGP Ingredients's branded spirits — D&A changed year-over-year?
MGP Ingredients's branded spirits — D&A decreased by 0.0% year-over-year, from $2.15M to $2.14M.
What is the long-term trend for MGP Ingredients's branded spirits — D&A?
Over 4 years (2021 to 2025), MGP Ingredients's branded spirits — D&A has grown at a 13.9% compound annual growth rate (CAGR), from $5.12M to $8.61M.
What does branded spirits — D&A mean?
This represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives specifically attributed to the Branded Spirits segment. It is a critical component for calculating EBITDA and assessing the capital intensity of the segment's operations.

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