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Side-by-side financial comparison of MGP INGREDIENTS INC (MGPI) and POWER INTEGRATIONS INC (POWI). Click either name above to swap in a different company.

MGP INGREDIENTS INC is the larger business by last-quarter revenue ($138.3M vs $103.2M, roughly 1.3× POWER INTEGRATIONS INC). POWER INTEGRATIONS INC runs the higher net margin — 12.9% vs -97.3%, a 110.2% gap on every dollar of revenue. On growth, POWER INTEGRATIONS INC posted the faster year-over-year revenue change (-1.9% vs -23.5%). MGP INGREDIENTS INC produced more free cash flow last quarter ($24.3M vs $19.2M). Over the past eight quarters, POWER INTEGRATIONS INC's revenue compounded faster (6.1% CAGR vs -9.9%).

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.

American Electric Power Company, Inc. is an American domestic electric utility company in the United States. It is one of the largest electric utility companies in the country, with more than five million customers in 11 states.

MGPI vs POWI — Head-to-Head

Bigger by revenue
MGPI
MGPI
1.3× larger
MGPI
$138.3M
$103.2M
POWI
Growing faster (revenue YoY)
POWI
POWI
+21.6% gap
POWI
-1.9%
-23.5%
MGPI
Higher net margin
POWI
POWI
110.2% more per $
POWI
12.9%
-97.3%
MGPI
More free cash flow
MGPI
MGPI
$5.1M more FCF
MGPI
$24.3M
$19.2M
POWI
Faster 2-yr revenue CAGR
POWI
POWI
Annualised
POWI
6.1%
-9.9%
MGPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MGPI
MGPI
POWI
POWI
Revenue
$138.3M
$103.2M
Net Profit
$-134.6M
$13.3M
Gross Margin
34.9%
52.9%
Operating Margin
-97.7%
8.5%
Net Margin
-97.3%
12.9%
Revenue YoY
-23.5%
-1.9%
Net Profit YoY
-220.8%
45.4%
EPS (diluted)
$-6.23
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MGPI
MGPI
POWI
POWI
Q4 25
$138.3M
$103.2M
Q3 25
$130.9M
$118.9M
Q2 25
$145.5M
$115.9M
Q1 25
$121.7M
$105.5M
Q4 24
$180.8M
$105.3M
Q3 24
$161.5M
$115.8M
Q2 24
$190.8M
$106.2M
Q1 24
$170.6M
$91.7M
Net Profit
MGPI
MGPI
POWI
POWI
Q4 25
$-134.6M
$13.3M
Q3 25
$15.4M
$-1.4M
Q2 25
$14.4M
$1.4M
Q1 25
$-3.0M
$8.8M
Q4 24
$-42.0M
$9.1M
Q3 24
$23.9M
$14.3M
Q2 24
$32.1M
$4.8M
Q1 24
$20.6M
$4.0M
Gross Margin
MGPI
MGPI
POWI
POWI
Q4 25
34.9%
52.9%
Q3 25
37.8%
54.5%
Q2 25
40.1%
55.2%
Q1 25
35.6%
55.2%
Q4 24
41.2%
54.4%
Q3 24
40.8%
54.5%
Q2 24
43.6%
53.2%
Q1 24
36.8%
52.1%
Operating Margin
MGPI
MGPI
POWI
POWI
Q4 25
-97.7%
8.5%
Q3 25
16.1%
-3.3%
Q2 25
14.0%
-1.2%
Q1 25
-0.6%
6.4%
Q4 24
-16.8%
3.7%
Q3 24
20.2%
10.0%
Q2 24
22.7%
1.8%
Q1 24
17.0%
0.5%
Net Margin
MGPI
MGPI
POWI
POWI
Q4 25
-97.3%
12.9%
Q3 25
11.8%
-1.1%
Q2 25
9.9%
1.2%
Q1 25
-2.5%
8.3%
Q4 24
-23.2%
8.7%
Q3 24
14.8%
12.3%
Q2 24
16.8%
4.6%
Q1 24
12.1%
4.3%
EPS (diluted)
MGPI
MGPI
POWI
POWI
Q4 25
$-6.23
$0.24
Q3 25
$0.71
$-0.02
Q2 25
$0.67
$0.02
Q1 25
$-0.14
$0.15
Q4 24
$-1.86
$0.15
Q3 24
$1.07
$0.25
Q2 24
$1.43
$0.09
Q1 24
$0.92
$0.07

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MGPI
MGPI
POWI
POWI
Cash + ST InvestmentsLiquidity on hand
$18.5M
$249.5M
Total DebtLower is stronger
$245.9M
Stockholders' EquityBook value
$718.4M
$672.8M
Total Assets
$1.2B
$772.2M
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGPI
MGPI
POWI
POWI
Q4 25
$18.5M
$249.5M
Q3 25
$13.4M
$241.9M
Q2 25
$17.3M
$268.7M
Q1 25
$20.1M
$289.3M
Q4 24
$25.3M
$300.0M
Q3 24
$20.8M
$303.8M
Q2 24
$21.0M
$290.5M
Q1 24
$19.5M
$299.6M
Total Debt
MGPI
MGPI
POWI
POWI
Q4 25
$245.9M
Q3 25
$262.3M
Q2 25
$290.7M
Q1 25
$290.7M
Q4 24
$317.1M
Q3 24
$283.6M
Q2 24
$303.0M
Q1 24
$294.4M
Stockholders' Equity
MGPI
MGPI
POWI
POWI
Q4 25
$718.4M
$672.8M
Q3 25
$855.2M
$672.0M
Q2 25
$841.8M
$703.8M
Q1 25
$828.3M
$735.8M
Q4 24
$834.2M
$749.8M
Q3 24
$914.5M
$749.2M
Q2 24
$894.5M
$730.7M
Q1 24
$867.0M
$738.2M
Total Assets
MGPI
MGPI
POWI
POWI
Q4 25
$1.2B
$772.2M
Q3 25
$1.4B
$772.5M
Q2 25
$1.4B
$797.5M
Q1 25
$1.4B
$814.4M
Q4 24
$1.4B
$828.8M
Q3 24
$1.4B
$825.0M
Q2 24
$1.4B
$804.8M
Q1 24
$1.4B
$805.8M
Debt / Equity
MGPI
MGPI
POWI
POWI
Q4 25
0.34×
Q3 25
0.31×
Q2 25
0.35×
Q1 25
0.35×
Q4 24
0.38×
Q3 24
0.31×
Q2 24
0.34×
Q1 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MGPI
MGPI
POWI
POWI
Operating Cash FlowLast quarter
$29.1M
$26.2M
Free Cash FlowOCF − Capex
$24.3M
$19.2M
FCF MarginFCF / Revenue
17.5%
18.6%
Capex IntensityCapex / Revenue
3.5%
6.8%
Cash ConversionOCF / Net Profit
1.97×
TTM Free Cash FlowTrailing 4 quarters
$76.0M
$87.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGPI
MGPI
POWI
POWI
Q4 25
$29.1M
$26.2M
Q3 25
$36.1M
$29.9M
Q2 25
$11.7M
$29.1M
Q1 25
$44.7M
$26.4M
Q4 24
$28.8M
$14.7M
Q3 24
$43.9M
$32.9M
Q2 24
$5.0M
$17.6M
Q1 24
$24.6M
$15.9M
Free Cash Flow
MGPI
MGPI
POWI
POWI
Q4 25
$24.3M
$19.2M
Q3 25
$27.6M
$24.2M
Q2 25
$-557.0K
$23.1M
Q1 25
$24.8M
$20.7M
Q4 24
$10.4M
$11.7M
Q3 24
$24.5M
$27.2M
Q2 24
$-1.4M
$13.5M
Q1 24
$-2.4M
$11.6M
FCF Margin
MGPI
MGPI
POWI
POWI
Q4 25
17.5%
18.6%
Q3 25
21.1%
20.3%
Q2 25
-0.4%
20.0%
Q1 25
20.4%
19.6%
Q4 24
5.8%
11.1%
Q3 24
15.2%
23.5%
Q2 24
-0.7%
12.7%
Q1 24
-1.4%
12.6%
Capex Intensity
MGPI
MGPI
POWI
POWI
Q4 25
3.5%
6.8%
Q3 25
6.5%
4.8%
Q2 25
8.4%
5.1%
Q1 25
16.4%
5.4%
Q4 24
10.1%
2.9%
Q3 24
12.0%
4.9%
Q2 24
3.3%
3.9%
Q1 24
15.8%
4.7%
Cash Conversion
MGPI
MGPI
POWI
POWI
Q4 25
1.97×
Q3 25
2.34×
Q2 25
0.81×
21.24×
Q1 25
3.00×
Q4 24
1.61×
Q3 24
1.84×
2.30×
Q2 24
0.15×
3.64×
Q1 24
1.19×
4.02×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MGPI
MGPI

Branded Spirits$63.4M46%
Ingredient Solutions$31.3M23%
Specialty Wheat Starches$16.8M12%
Mid Spirits$16.1M12%
Other Branded Spirits$8.0M6%
Commodity Wheat Starch$2.3M2%

POWI
POWI

Distributors$65.8M64%
Other$10.3M10%
KR$9.3M9%
DE$7.1M7%
TW$5.5M5%
Emea Other Than Germany$5.3M5%

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