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Side-by-side financial comparison of MGP INGREDIENTS INC (MGPI) and Shutterstock, Inc. (SSTK). Click either name above to swap in a different company.

Shutterstock, Inc. is the larger business by last-quarter revenue ($220.2M vs $138.3M, roughly 1.6× MGP INGREDIENTS INC). Shutterstock, Inc. runs the higher net margin — -7.3% vs -97.3%, a 90.1% gap on every dollar of revenue. On growth, Shutterstock, Inc. posted the faster year-over-year revenue change (-12.0% vs -23.5%). Shutterstock, Inc. produced more free cash flow last quarter ($25.9M vs $24.3M). Over the past eight quarters, Shutterstock, Inc.'s revenue compounded faster (1.4% 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.

Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2002 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into à la carte p...

MGPI vs SSTK — Head-to-Head

Bigger by revenue
SSTK
SSTK
1.6× larger
SSTK
$220.2M
$138.3M
MGPI
Growing faster (revenue YoY)
SSTK
SSTK
+11.5% gap
SSTK
-12.0%
-23.5%
MGPI
Higher net margin
SSTK
SSTK
90.1% more per $
SSTK
-7.3%
-97.3%
MGPI
More free cash flow
SSTK
SSTK
$1.6M more FCF
SSTK
$25.9M
$24.3M
MGPI
Faster 2-yr revenue CAGR
SSTK
SSTK
Annualised
SSTK
1.4%
-9.9%
MGPI

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MGPI
MGPI
SSTK
SSTK
Revenue
$138.3M
$220.2M
Net Profit
$-134.6M
$-16.0M
Gross Margin
34.9%
55.8%
Operating Margin
-97.7%
-1.1%
Net Margin
-97.3%
-7.3%
Revenue YoY
-23.5%
-12.0%
Net Profit YoY
-220.8%
-1021.0%
EPS (diluted)
$-6.23
$-0.47

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
SSTK
SSTK
Q4 25
$138.3M
$220.2M
Q3 25
$130.9M
$260.1M
Q2 25
$145.5M
$267.0M
Q1 25
$121.7M
$242.6M
Q4 24
$180.8M
$250.3M
Q3 24
$161.5M
$250.6M
Q2 24
$190.8M
$220.1M
Q1 24
$170.6M
$214.3M
Net Profit
MGPI
MGPI
SSTK
SSTK
Q4 25
$-134.6M
$-16.0M
Q3 25
$15.4M
$13.4M
Q2 25
$14.4M
$29.4M
Q1 25
$-3.0M
$18.7M
Q4 24
$-42.0M
$-1.4M
Q3 24
$23.9M
$17.6M
Q2 24
$32.1M
$3.6M
Q1 24
$20.6M
$16.1M
Gross Margin
MGPI
MGPI
SSTK
SSTK
Q4 25
34.9%
55.8%
Q3 25
37.8%
60.6%
Q2 25
40.1%
60.3%
Q1 25
35.6%
58.4%
Q4 24
41.2%
55.1%
Q3 24
40.8%
58.3%
Q2 24
43.6%
58.5%
Q1 24
36.8%
58.8%
Operating Margin
MGPI
MGPI
SSTK
SSTK
Q4 25
-97.7%
-1.1%
Q3 25
16.1%
12.5%
Q2 25
14.0%
13.0%
Q1 25
-0.6%
4.2%
Q4 24
-16.8%
5.3%
Q3 24
20.2%
7.2%
Q2 24
22.7%
9.4%
Q1 24
17.0%
7.8%
Net Margin
MGPI
MGPI
SSTK
SSTK
Q4 25
-97.3%
-7.3%
Q3 25
11.8%
5.1%
Q2 25
9.9%
11.0%
Q1 25
-2.5%
7.7%
Q4 24
-23.2%
-0.6%
Q3 24
14.8%
7.0%
Q2 24
16.8%
1.6%
Q1 24
12.1%
7.5%
EPS (diluted)
MGPI
MGPI
SSTK
SSTK
Q4 25
$-6.23
$-0.47
Q3 25
$0.71
$0.37
Q2 25
$0.67
$0.82
Q1 25
$-0.14
$0.53
Q4 24
$-1.86
$-0.04
Q3 24
$1.07
$0.50
Q2 24
$1.43
$0.10
Q1 24
$0.92
$0.45

Balance Sheet & Financial Strength

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

Metric
MGPI
MGPI
SSTK
SSTK
Cash + ST InvestmentsLiquidity on hand
$18.5M
$178.2M
Total DebtLower is stronger
$245.9M
Stockholders' EquityBook value
$718.4M
$581.0M
Total Assets
$1.2B
$1.4B
Debt / EquityLower = less leverage
0.34×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MGPI
MGPI
SSTK
SSTK
Q4 25
$18.5M
$178.2M
Q3 25
$13.4M
$165.5M
Q2 25
$17.3M
$116.4M
Q1 25
$20.1M
$112.2M
Q4 24
$25.3M
$111.3M
Q3 24
$20.8M
$131.4M
Q2 24
$21.0M
$74.9M
Q1 24
$19.5M
$71.8M
Total Debt
MGPI
MGPI
SSTK
SSTK
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
SSTK
SSTK
Q4 25
$718.4M
$581.0M
Q3 25
$855.2M
$594.4M
Q2 25
$841.8M
$586.2M
Q1 25
$828.3M
$547.2M
Q4 24
$834.2M
$518.4M
Q3 24
$914.5M
$522.9M
Q2 24
$894.5M
$520.4M
Q1 24
$867.0M
$541.3M
Total Assets
MGPI
MGPI
SSTK
SSTK
Q4 25
$1.2B
$1.4B
Q3 25
$1.4B
$1.4B
Q2 25
$1.4B
$1.4B
Q1 25
$1.4B
$1.3B
Q4 24
$1.4B
$1.3B
Q3 24
$1.4B
$1.3B
Q2 24
$1.4B
$1.0B
Q1 24
$1.4B
$1.0B
Debt / Equity
MGPI
MGPI
SSTK
SSTK
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
SSTK
SSTK
Operating Cash FlowLast quarter
$29.1M
$36.2M
Free Cash FlowOCF − Capex
$24.3M
$25.9M
FCF MarginFCF / Revenue
17.5%
11.8%
Capex IntensityCapex / Revenue
3.5%
4.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$76.0M
$123.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MGPI
MGPI
SSTK
SSTK
Q4 25
$29.1M
$36.2M
Q3 25
$36.1M
$78.4M
Q2 25
$11.7M
$26.8M
Q1 25
$44.7M
$25.2M
Q4 24
$28.8M
$8.0M
Q3 24
$43.9M
$-11.6M
Q2 24
$5.0M
$28.0M
Q1 24
$24.6M
$8.3M
Free Cash Flow
MGPI
MGPI
SSTK
SSTK
Q4 25
$24.3M
$25.9M
Q3 25
$27.6M
$68.0M
Q2 25
$-557.0K
$15.5M
Q1 25
$24.8M
$14.4M
Q4 24
$10.4M
$-952.0K
Q3 24
$24.5M
$-26.3M
Q2 24
$-1.4M
$18.9M
Q1 24
$-2.4M
$-6.2M
FCF Margin
MGPI
MGPI
SSTK
SSTK
Q4 25
17.5%
11.8%
Q3 25
21.1%
26.1%
Q2 25
-0.4%
5.8%
Q1 25
20.4%
6.0%
Q4 24
5.8%
-0.4%
Q3 24
15.2%
-10.5%
Q2 24
-0.7%
8.6%
Q1 24
-1.4%
-2.9%
Capex Intensity
MGPI
MGPI
SSTK
SSTK
Q4 25
3.5%
4.7%
Q3 25
6.5%
4.0%
Q2 25
8.4%
4.2%
Q1 25
16.4%
4.5%
Q4 24
10.1%
3.6%
Q3 24
12.0%
5.9%
Q2 24
3.3%
4.1%
Q1 24
15.8%
6.7%
Cash Conversion
MGPI
MGPI
SSTK
SSTK
Q4 25
Q3 25
2.34×
5.86×
Q2 25
0.81×
0.91×
Q1 25
1.35×
Q4 24
Q3 24
1.84×
-0.66×
Q2 24
0.15×
7.71×
Q1 24
1.19×
0.51×

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%

SSTK
SSTK

Segment breakdown not available.

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