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MGP Ingredients MGPI Provision for Credit Losses
Provision for Credit Losses at other companies
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Where this comes from
Reported directly by MGP Ingredients in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForDoubtfulAccounts.
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 | Quarter Ended June 30, 2026 | Quarter Ended June 30, 2025 | Year to Date Ended June 30, 2026 | Year to Date Ended June 30, 2025 |
|---|---|---|---|---|
| Gross profit | 46,471 | 58,387 | 80,053 | 101,717 |
| Advertising and promotion expenses | 5,683 | 6,913 | 11,874 | 15,085 |
| Selling, general, and administrative expenses | 20,237 | 23,156 | 41,303 | 44,361 |
| Provision for credit loss | 2,148 | — | 2,148 | — |
| Impairment and other | 751 | — | 180,277 | — |
| Change in fair value of contingent consideration | — | 8,000 | — | 22,700 |
| Operating income (loss) | 17,652 | 20,318 | (155,549) | 19,571 |
| Interest expense, net | (2,879) | (1,897) | (4,300) | (3,751) |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is MGP Ingredients's provision for credit losses?
- MGP Ingredients (MGPI) reported provision for credit losses of $2.15M in Q2 2026.
- What does provision for credit losses mean?
- Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.
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