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MGP Ingredients MGPI Distilling Solutions — Gross Profit
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Where this comes from
Reported directly by MGP Ingredients in its filing.
Tagged under the XBRL concept us-gaap:GrossProfit.
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 |
|---|---|---|---|---|---|
| Sales | $59,630 | $29,220 | $35,507 | — | $124,357 |
| 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 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is MGP Ingredients's distilling solutions — gross profit?
- MGP Ingredients (MGPI) reported distilling solutions — gross profit of $11.3M in Q2 2026.
- How has MGP Ingredients's distilling solutions — gross profit changed year-over-year?
- MGP Ingredients's distilling solutions — gross profit decreased by 39.9% year-over-year, from $18.81M to $11.3M.
- What is the long-term trend for MGP Ingredients's distilling solutions — gross profit?
- Over 4 years (2021 to 2025), MGP Ingredients's distilling solutions — gross profit has grown at a -11.9% compound annual growth rate (CAGR), from $114.11M to $68.6M.
- What does distilling solutions — gross profit mean?
- Represents the difference between the Distilling Solutions segment's total revenue and its direct cost of sales. This metric measures the fundamental profitability of the segment's manufacturing and production operations before accounting for operating expenses. A higher gross profit indicates strong pricing power or effective cost management in the production process.
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