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MGP Ingredients MGPI Branded Spirits — Selling, general, and administrative expenses

Other segment segments

Ingredient Solutions
$763K-21.3%
Distilling Solutions
$717K-8.8%

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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:SellingGeneralAndAdministrativeExpense.

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 — selling, general, and administrative expenses?
MGP Ingredients (MGPI) reported branded spirits — selling, general, and administrative expenses of $7.95M in Q2 2026.
How has MGP Ingredients's branded spirits — selling, general, and administrative expenses changed year-over-year?
MGP Ingredients's branded spirits — selling, general, and administrative expenses decreased by 11.5% year-over-year, from $8.98M to $7.95M.
What is the long-term trend for MGP Ingredients's branded spirits — selling, general, and administrative expenses?
Over 3 years (2022 to 2025), MGP Ingredients's branded spirits — selling, general, and administrative expenses has grown at a 0.8% compound annual growth rate (CAGR), from $34.85M to $35.65M.
What does branded spirits — selling, general, and administrative expenses mean?
The overhead costs associated with operating the branded spirits segment, excluding direct production costs and marketing. This includes administrative salaries, office expenses, and other corporate support costs necessary for daily operations.

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