MGP INGREDIENTS INCMGPIEarnings & Financial Report
MGP Ingredients Inc is a leading US-based supplier of premium distilled spirits, specialty wheat and corn-based starch and protein ingredients. It serves food and beverage manufacturing, foodservice, and industrial customer segments across North America and select global markets, delivering tailored ingredient solutions for diverse product use cases.
MGPI Q4 FY2025 Key Financial Metrics
Revenue
$138.3M
Gross Profit
$48.3M
Operating Profit
$-135.2M
Net Profit
$-134.6M
Gross Margin
34.9%
Operating Margin
-97.7%
Net Margin
-97.3%
YoY Growth
-23.5%
EPS
$-6.23
MGP INGREDIENTS INC Q4 FY2025 Financial Summary
MGP INGREDIENTS INC reported revenue of $138.3M (down 23.5% YoY) for Q4 FY2025, with a net profit of $-134.6M (down 220.8% YoY) (-97.3% margin). Cost of goods sold was $90.1M, operating expenses totaled $183.5M.
Key Financial Metrics
| Total Revenue | $138.3M |
|---|---|
| Net Profit | $-134.6M |
| Gross Margin | 34.9% |
| Operating Margin | -97.7% |
| Report Period | Q4 FY2025 |
Revenue Breakdown
MGP INGREDIENTS INC Q4 FY2025 revenue of $138.3M breaks down across 6 segments, led by Branded Spirits at $63.4M (45.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Branded Spirits | $63.4M | 45.9% |
| Ingredient Solutions | $31.3M | 22.6% |
| Specialty Wheat Starches | $16.8M | 12.2% |
| Mid Spirits | $16.1M | 11.7% |
| Other Branded Spirits | $8.0M | 5.8% |
| Commodity Wheat Starch | $2.3M | 1.6% |
MGP INGREDIENTS INC Revenue by Segment — Quarterly Trend
MGP INGREDIENTS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Branded Spirits and Ingredient Solutions) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Branded Spirits | $63.4M | — | — | $48.2M |
| Ingredient Solutions | $31.3M | $29.3M | $35.0M | — |
| Specialty Wheat Starches | $16.8M | $17.0M | $18.5M | $15.9M |
| Mid Spirits | $16.1M | $14.8M | $15.5M | $13.0M |
| Other Branded Spirits | $8.0M | $5.6M | $5.0M | — |
MGP INGREDIENTS INC Annual Revenue by Year
MGP INGREDIENTS INC annual revenue history includes year-by-year totals (for example, 2025 revenue was $536.4M).
MGP INGREDIENTS INC Quarterly Revenue & Net Profit History
MGP INGREDIENTS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $138.3M | -23.5% | $-134.6M | -97.3% |
| Q3 FY2025 | $130.9M | -18.9% | $15.4M | 11.8% |
| Q2 FY2025 | $145.5M | -23.7% | $14.4M | 9.9% |
| Q1 FY2025 | $121.7M | -28.7% | $-3.0M | -2.5% |
| Q4 FY2024 | $180.8M | -15.9% | $-42.0M | -23.2% |
| Q3 FY2024 | $161.5M | -23.7% | $23.9M | 14.8% |
| Q2 FY2024 | $190.8M | -8.7% | $32.1M | 16.8% |
| Q1 FY2024 | $170.6M | -15.1% | $20.6M | 12.1% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $170.6M | $190.8M | $161.5M | $180.8M | $121.7M | $145.5M | $130.9M | $138.3M |
| YoY Growth | -15.1% | -8.7% | -23.7% | -15.9% | -28.7% | -23.7% | -18.9% | -23.5% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.39B | $1.43B | $1.44B | $1.41B | $1.38B | $1.39B | $1.38B | $1.24B |
| Liabilities | $524.7M | $541.2M | $527.7M | $573.2M | $551.5M | $545.9M | $523.5M | $519.1M |
| Equity | $867.0M | $894.5M | $914.5M | $834.2M | $828.3M | $841.8M | $855.2M | $718.4M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $24.6M | $5.0M | $43.9M | $28.8M | $44.7M | $11.7M | $36.1M | $29.1M |