What is MGP Ingredients's distilling solutions — goodwill?

MGP Ingredients (MGPI) reported distilling solutions — goodwill of $0 in Q2 2026.

What does distilling solutions — goodwill mean?

Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the Distilling Solutions segment. This asset reflects the premium paid for intangible synergies, brand reputation, and market position within the distilling industry. It is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.

MGP Ingredients (MGPI) Distilling Solutions — Goodwill

Screener

Other segment segments

Branded Spirits

$0-100%

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

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 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 item	Distilling Solutions	Branded Spirits	Ingredient Solutions	Total
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 distilling solutions — goodwill?: MGP Ingredients (MGPI) reported distilling solutions — goodwill of $0 in Q2 2026.
What does distilling solutions — goodwill mean?: Represents the excess of the purchase price over the fair value of identifiable net assets acquired in business combinations allocated to the Distilling Solutions segment. This asset reflects the premium paid for intangible synergies, brand reputation, and market position within the distilling industry. It is subject to periodic impairment testing to ensure its carrying value remains supported by future cash flows.