MGP Ingredients Inc (MGPI) Financial Statements
Industry: Beer, Wine & Distilled Alcoholic Beverages (Wholesale)
In fiscal 2025, MGP Ingredients reported revenue of $536.4M, down 23.8% from $703.6M the year before. Net income was -$107.8M (a -20.1% net margin), or -$4.99 per diluted share. Gross margin was 37.2% and operating margin was -17.6%. Operating activities generated $121.5M of cash, leaving $76.0M of free cash flow. At fiscal year end, MGP Ingredients held $1.24B in total assets against $519.1M in total liabilities, including $18.5M of cash and equivalents.
Open the full interactive MGP Ingredients financials → Quarterly statements, key ratios, valuation history and price charts.
MGP Ingredients Key Stats
| Share Price | $14.61 |
|---|---|
| Market Cap | $313.1M |
| Dividend Yield | 3.31% |
| Revenue YoY Growth | -23.8% |
| 52-Week Range | $12.74 – $25.88 |
| Shares Outstanding | 21.4 million (basic, 2026 Q2) |
MGP Ingredients Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $395.5M | $626.7M | $782.4M | $836.5M | $703.6M | $536.4M |
| Cost of Goods Sold | $296.7M | $427.8M | $529.1M | $531.8M | $417.3M | $337.0M |
| Gross Profit | $98.8M | $199.0M | $253.3M | $304.7M | $286.3M | $199.4M |
| Operating Income | $54.2M | $126.4M | $149.0M | $148.6M | $74.4M | -$94.6M |
| Pre-Tax Income | $52.6M | $121.1M | $140.2M | $141.7M | $68.4M | -$100.3M |
| Income Tax | $12.3M | $30.3M | $31.3M | $34.6M | $34.0M | $7.5M |
| Net Income | $40.3M | $91.3M | $109.5M | $107.5M | $34.7M | -$107.8M |
| Diluted EPS | $2.37 | $4.34 | $4.92 | $4.80 | $1.56 | -$4.99 |
MGP Ingredients Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $130.9M | $138.3M | $106.4M | $124.4M |
| Net Income | $15.4M | -$134.6M | -$134.8M | $12.0M |
| Diluted EPS | $0.71 | -$6.30 | -$6.30 | $0.55 |
MGP Ingredients Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $21.7M | $21.6M | $47.9M | $18.4M | $25.3M | $18.5M |
| Current Assets | $222.3M | $367.1M | $454.2M | $514.3M | $546.1M | $522.7M |
| Total Assets | $366.6M | $1.04B | $1.16B | $1.39B | $1.41B | $1.24B |
| Current Liabilities | $53.3M | $88.8M | $105.4M | $114.1M | $92.5M | $200.1M |
| Total Long-Term Debt | $39.9M | $38.5M | $35.1M | $287.2M | $323.5M | $252.3M |
| Total Liabilities | $104.0M | $397.2M | $412.6M | $543.3M | $573.2M | $519.1M |
| Shareholders' Equity | $262.5M | $644.8M | $746.7M | $850.5M | $834.2M | $718.4M |
MGP Ingredients Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $53.3M | $88.3M | $88.9M | $83.8M | $102.3M | $121.5M |
| Cash From Investing | -$19.6M | -$182.6M | -$47.8M | -$159.2M | -$71.6M | -$45.5M |
| Cash From Financing | -$15.3M | $94.3M | -$14.8M | $45.9M | -$23.8M | -$83.5M |
| Free Cash Flow | $33.6M | $40.9M | $43.6M | $28.5M | $31.1M | $76.0M |
| Dividends Paid | $8.2M | $10.0M | $10.6M | $10.7M | $10.6M | $10.3M |
Figures from MGP Ingredients' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full MGP Ingredients financials page for every line item.
MGP Ingredients Company Profile
| Ticker | MGPI |
|---|---|
| Exchange | Nasdaq |
| Industry | Beer, Wine & Distilled Alcoholic Beverages (Wholesale) |
| Headquarters | Atchison, Kansas |
| Incorporated in | Kansas |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000835011 |
Frequently Asked Questions
What was MGP Ingredients' revenue in fiscal 2025?
MGP Ingredients (MGPI) reported revenue of $536.4M for fiscal 2025.
What is MGP Ingredients' annual revenue history?
MGP Ingredients' annual revenue by fiscal year: 2020: $395.5M; 2021: $626.7M; 2022: $782.4M; 2023: $836.5M; 2024: $703.6M; 2025: $536.4M.
What was MGP Ingredients' net income in fiscal 2025?
MGP Ingredients reported net income of -$107.8M for fiscal 2025.
What was MGP Ingredients' earnings per share (EPS) in fiscal 2025?
MGP Ingredients' diluted EPS was -$4.99 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did MGP Ingredients generate in fiscal 2025?
MGP Ingredients generated $76.0M of free cash flow in fiscal 2025.
What was MGP Ingredients' revenue last quarter?
In its most recent reported quarter (2026 Q2), MGP Ingredients reported revenue of $124.4M.
How much debt does MGP Ingredients have?
MGP Ingredients reported $252.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of MGP Ingredients are outstanding?
MGP Ingredients reported a weighted average of 21.4 million basic shares outstanding in 2026 Q2.
What is MGP Ingredients' market cap?
Based on its latest closing price, MGP Ingredients (MGPI) has a market capitalization of about $313.1M.
When does MGP Ingredients' fiscal year end?
MGP Ingredients' fiscal year end, as registered with the SEC, is December 31.
Where is MGP Ingredients headquartered?
MGP Ingredients lists its business address in Atchison, Kansas in its SEC filings.