Mgp Ingredients MGPI
NASDAQ MGPI
$15.10 +0.01 (+0.07%)
As of: Sep 10, 2026 · 3:59 PM EDT

Mgp Ingredients (MGPI) Gross Margin (2010 - 2026)

Mgp Ingredients' (MGPI) quarterly Gross Margin came in at 37.37% in Q2 2026, down 276.0% year-over-year from 21.23% in Q2 2025, and up 18.43% quarter-over-quarter from 31.55% in Q1 2026.

Analysis

Mgp Ingredients (MGPI) Gross Margin (2010 - 2026) Analysis & Trends

Mgp Ingredients (MGPI) has reported Gross Margin for 17 consecutive years, with 37.37% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 276.0% year-over-year to 37.37% in Q2 2026; TTM through Jun 2026 was 35.55%, a 416.0% decrease from a year earlier, with the FY2025 full-year figure at 37.18%, down 351.0% from the prior year.
  • Gross Margin was 37.37% for Q2 2026 at Mgp Ingredients, up from 31.55% in the prior quarter.
  • Over five years, Gross Margin peaked at 43.62% in Q2 2024 and troughed at 29.36% in Q3 2022.
  • A 5-year average of 36.38% and a median of 36.65% in 2022 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin soared 712 bps in 2024 and plunged 630 bps in 2025, its largest moves.
  • Over 5 years, Gross Margin stood at 33.1% in 2022, then advanced by 20 bps to 39.62% in 2023, then grew by 4 bps to 41.19% in 2024, then slipped by 15 bps to 34.89% in 2025, then increased by 7 bps to 37.37% in 2026.
  • The last three Gross Margin figures came in at 37.37% (Q2 2026), 31.55% (Q1 2026), and 34.89% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Brown Forman 12.37 Bn 12.07 Bn 549.00 Mn 46.49%
2 Mgp Ingredients 322.89 Mn 305.10 Mn 46.47 Mn 37.37%
3 Agencia Comercial Spirits 217.05 Mn 201.22 Mn - -
4 Crimson Wine 92.64 Mn 80.79 Mn 8.62 Mn 42.11%
5 Beeline Holdings 15.21 Mn 13.51 Mn - -
6 Willamette Valley Vineyards 10.76 Mn 10.76 Mn - -
7 Endovia Health Sciences 778,792.34 536,090.34 - -
8 LQR House 301,948.67 -7.03 Mn 45,902.00 13.27%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.37%
Mar 31, 2026 31.55%
Dec 31, 2025 34.89%
Sep 30, 2025 37.76%
Jun 30, 2025 40.13%
Mar 31, 2025 35.62%
Dec 31, 2024 41.19%
Sep 30, 2024 40.76%
Jun 30, 2024 43.62%
Mar 31, 2024 36.82%
Dec 31, 2023 39.62%
Sep 30, 2023 34.71%
Jun 30, 2023 36.50%
Mar 31, 2023 34.74%
Dec 31, 2022 33.10%
Sep 30, 2022 29.36%
Jun 30, 2022 30.37%
Mar 31, 2022 36.79%
Dec 31, 2021 31.62%
Sep 30, 2021 32.32%