Mgp Ingredients (MGPI) Change in Taxes (2010 - 2026)
Mgp Ingredients (MGPI) posted quarterly Change in Taxes of $3.3 million for Q2 2026, down 36.38% year-over-year from $5.2 million in Q2 2025, and up 8.03% quarter-over-quarter from $3.1 million in Q1 2026.
Mgp Ingredients (MGPI) Change in Taxes (2010 - 2026) Analysis & Trends
Mgp Ingredients (MGPI) has reported Change in Taxes for 14 consecutive years, with $3.3 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Change in Taxes fell 36.38% year-over-year to $3.3 million; the TTM figure through Jun 2026 stood at $3.7 million (down 8.21% YoY), while the FY2025 annual figure was $397000.0, down 87.22% from the prior year.
- Change in Taxes advanced to $3.3 million in Q2 2026 per MGPI's latest filing, from $3.1 million in the prior quarter.
- Across five years, Change in Taxes topped out at $9.0 million in Q1 2023 and bottomed at -$7.0 million in Q2 2023.
- Historically, Change in Taxes has averaged $592888.9 across 5 years, with a median of $563000.0 in 2023.
- Annual changes were most pronounced in 2023 — Change in Taxes jumped 1265.12% — and 2024, when it tumbled 4137.1%.
- Mgp Ingredients' Change in Taxes stood at -$86000.0 in 2022, then surged by 1265.12% to $1.0 million in 2023, then surged by 486.03% to $5.9 million in 2024, then sank by 43.75% to $3.3 million in 2025, then gained by 0.58% to $3.3 million in 2026.
- Business Quant data shows MGPI's Change in Taxes at $3.3 million in Q2 2026, $3.1 million in Q1 2026, and $3.3 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 210.11 Bn | 203.30 Bn | - | - |
| 2 | Brown Forman | 13.51 Bn | 13.21 Bn | 571.00 Mn | -22.00 Mn |
| 3 | Mgp Ingredients | 387.51 Mn | 369.72 Mn | 46.47 Mn | 3.32 Mn |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | - |
| 6 | Epsium Enterprise | 13.36 Mn | 7.57 Mn | - | - |
| 7 | Willamette Valley Vineyards | 10.76 Mn | 10.76 Mn | - | - |
| 8 | Splash Beverage | 536,097.50 | 154,902.50 | 1,848.00 | - |
| 9 | LQR House | 373,908.50 | -4.09 Mn | -22,236.00 | - |
| 10 | Sndl | 356,122.25 | -146.61 Mn | 40.74 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.32 Mn |
| Jun 30, 2026 | 3.32 Mn |
| Mar 31, 2026 | 3.08 Mn |
| Mar 31, 2026 | 3.08 Mn |
| Dec 31, 2025 | 3.30 Mn |
| Dec 31, 2025 | 3.30 Mn |
| Sep 30, 2025 | -6.03 Mn |
| Sep 30, 2025 | -6.03 Mn |
| Jun 30, 2025 | 5.22 Mn |
| Jun 30, 2025 | 5.22 Mn |
| Mar 31, 2025 | -2.09 Mn |
| Mar 31, 2025 | -2.09 Mn |
| Dec 31, 2024 | 5.87 Mn |
| Dec 31, 2024 | 5.87 Mn |
| Sep 30, 2024 | -5.01 Mn |
| Sep 30, 2024 | -5.01 Mn |
| Jun 30, 2024 | -3.29 Mn |
| Jun 30, 2024 | -3.29 Mn |
| Mar 31, 2024 | 5.53 Mn |
| Mar 31, 2024 | 5.53 Mn |