What does branded spirits — impairment and other mean?

This metric captures non-cash charges related to the write-down of assets, including goodwill, intangible assets, or long-lived property, plant, and equipment within the Branded Spirits segment. It indicates a reduction in the carrying value of assets due to changes in market conditions, strategic shifts, or underperformance of acquired businesses. High or recurring charges in this category signal potential issues with asset valuation or the long-term viability of specific brand investments.

MGP Ingredients (MGPI) Branded Spirits — Impairment and other

Screener

Other segment segments

Distilling Solutions

$0—

Ingredient Solutions

$0—

Similar metrics at other companies

STZWine and Spirits — Asset impairment and related expenses

$18.3M-64.9%

STZWine and Spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment

-306%—

STZWine and Spirits-related impairments including the non-deductible portion of the wine and spirits goodwill impairment

$63.33M—

CZRManaged and Branded — Goodwill, Impairment Loss

$0—

STZWine and Spirits — CapEx

$9.8M-45.6%

STZWine and Spirits — Goodwill

$0—

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$47.7M-509%

CapEx$4.5M-63.2%

Free cash flow-$52.2M—

Valuation

See full

Market cap$380.96M-34.3%

Enterprise value$747.33M-14.8%

P/S0.8×-0.2×

Profitability

See full

Gross margin35.5%-4.2pp

Operating margin-53.9%—

Net margin-48.4%—

FCF margin0.2%-9.6pp

Returns & leverage

See full

Return on equity-33.8%—

Debt / equity0.7×+0.3×

Current ratio7×+4.1×

Where this comes from

Reported directly by MGP Ingredients in its filing.

Tagged under the XBRL concept mgpi:ImpairmentChargesAndOtherExpenses.

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
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
Operating income (loss)	17,652	20,318	(155,549)	19,571
Interest expense, net	(2,879)	(1,897)	(4,300)	(3,751)
Other income, net	299	314	249	529

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MGP Ingredients's branded spirits — impairment and other?: MGP Ingredients (MGPI) reported branded spirits — impairment and other of $751K in Q2 2026.
What does branded spirits — impairment and other mean?: This metric captures non-cash charges related to the write-down of assets, including goodwill, intangible assets, or long-lived property, plant, and equipment within the Branded Spirits segment. It indicates a reduction in the carrying value of assets due to changes in market conditions, strategic shifts, or underperformance of acquired businesses. High or recurring charges in this category signal potential issues with asset valuation or the long-term viability of specific brand investments.