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MGP Ingredients MGPI Ingredient Solutions — Gross Profit

Other segment segments

Branded Spirits
$31.6M-1.2%
Distilling Solutions
$11.3M-39.9%

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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: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 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 ingredient solutions — gross profit?
MGP Ingredients (MGPI) reported ingredient solutions — gross profit of $3.57M in Q2 2026.
How has MGP Ingredients's ingredient solutions — gross profit changed year-over-year?
MGP Ingredients's ingredient solutions — gross profit decreased by 52.9% year-over-year, from $7.59M to $3.57M.
What is the long-term trend for MGP Ingredients's ingredient solutions — gross profit?
Over 4 years (2021 to 2025), MGP Ingredients's ingredient solutions — gross profit has grown at a -8.6% compound annual growth rate (CAGR), from $22.22M to $15.49M.
What does ingredient solutions — gross profit mean?
The residual profit after deducting the cost of sales from the total revenue of the Ingredient Solutions segment. It measures the core profitability of the segment's manufacturing and distribution operations before accounting for operating expenses.

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