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MGP Ingredients MGPI Branded Spirits — Goodwill

Other segment segments

Distilling Solutions
$0
Ingredient Solutions
$0

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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:Goodwill.

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 itemDistilling SolutionsBranded SpiritsIngredient SolutionsTotal
Balance, December 31, 2025$115,667$115,667
Impairment(115,667)(115,667)
Balance, June 30, 2026

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MGP Ingredients's branded spirits — goodwill?
MGP Ingredients (MGPI) reported branded spirits — goodwill of $0 in Q2 2026.
How has MGP Ingredients's branded spirits — goodwill changed year-over-year?
MGP Ingredients's branded spirits — goodwill decreased by 100.0% year-over-year, from $247.79M to $0.
What is the long-term trend for MGP Ingredients's branded spirits — goodwill?
Over 3 years (2022 to 2025), MGP Ingredients's branded spirits — goodwill has grown at a -1.7% compound annual growth rate (CAGR), from $905.18M to $859.03M.
What does branded spirits — goodwill mean?
The carrying value of goodwill associated with acquisitions specifically attributed to the branded spirits segment. It represents the premium paid over the fair value of net identifiable assets, reflecting expected future synergies and brand equity.

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