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MGP Ingredients MGPI Branded Spirits — Provision for credit loss
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Where this comes from
Reported directly by MGP Ingredients in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.
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 | Branded Spirits | Distilling Solutions | Ingredient Solutions | Corporate | Total |
|---|---|---|---|---|---|
| Cost of Goods Sold | 28,034 | 17,918 | 31,934 | — | 77,886 |
| Gross Profit | 31,596 | 11,302 | 3,573 | — | 46,471 |
| Advertising and promotion expense | 5,546 | — | 114 | 23 | 5,683 |
| SG&A expense | 7,945 | 717 | 763 | 10,812 | 20,237 |
| Provision for credit loss | 2,148 | — | — | — | 2,148 |
| Impairment and other | 751 | — | — | — | 751 |
| 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 — provision for credit loss?
- MGP Ingredients (MGPI) reported branded spirits — provision for credit loss of $2.15M in Q2 2026.
- What does branded spirits — provision for credit loss mean?
- This metric represents the estimated expense recognized by the Branded Spirits segment to account for potential losses from uncollectible accounts receivable or other financial assets. It reflects the credit risk associated with the segment's customer base and the effectiveness of its credit management policies. Investors monitor this to assess the quality of the segment's revenue and the potential impact of customer defaults on profitability.
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