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MGP Ingredients MGPI Distilling Solutions — Advertising and promotion expenses

Other segment segments

Branded Spirits
$5.55M-11.5%
Ingredient Solutions
$114K-65.6%

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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:MarketingAndAdvertisingExpense.

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
Sales$59,630$29,220$35,507$124,357
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

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is MGP Ingredients's distilling solutions — advertising and promotion expenses?
MGP Ingredients (MGPI) reported distilling solutions — advertising and promotion expenses of $0 in Q2 2026.
How has MGP Ingredients's distilling solutions — advertising and promotion expenses changed year-over-year?
MGP Ingredients's distilling solutions — advertising and promotion expenses decreased by 100.0% year-over-year, from $285K to $0.
What is the long-term trend for MGP Ingredients's distilling solutions — advertising and promotion expenses?
Over 3 years (2022 to 2025), MGP Ingredients's distilling solutions — advertising and promotion expenses has grown at a -10.1% compound annual growth rate (CAGR), from $959K to $696K.
What does distilling solutions — advertising and promotion expenses mean?
Represents the costs incurred to market, advertise, and promote the products within the Distilling Solutions segment. These expenditures are intended to drive brand awareness, customer acquisition, and long-term sales growth. Investors analyze this to determine the level of investment required to maintain or expand the segment's market share.

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