Mgp Ingredients (MGPI) Operating Expenses (2010 - 2026)
Mgp Ingredients (MGPI) posted quarterly Operating Expenses of $20.2 million for Q2 2026, down 12.61% year-over-year from $23.2 million in Q2 2025, and down 3.94% quarter-over-quarter from $21.1 million in Q1 2026.
Mgp Ingredients (MGPI) Operating Expenses (2010 - 2026) Analysis & Trends
Mgp Ingredients (MGPI) has reported Operating Expenses for 17 consecutive years, with $20.2 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Operating Expenses fell 12.61% year-over-year to $20.2 million; the TTM figure through Jun 2026 stood at $81.8 million (changed 0.31% YoY), while the FY2025 annual figure was $84.8 million, up 4.21% from the prior year.
- Operating Expenses eased to $20.2 million in Q2 2026 per MGPI's latest filing, from $21.1 million in the prior quarter.
- Across five years, Operating Expenses topped out at $25.8 million in Q4 2023 and bottomed at $16.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $20.8 million across 5 years, with a median of $21.0 million in 2024.
- On a YoY basis, Operating Expenses climbed as much as 48.34% in 2022 and fell as far as 30.78% in 2022.
- Mgp Ingredients' Operating Expenses stood at $22.6 million in 2022, then increased by 13.91% to $25.8 million in 2023, then slipped by 20.68% to $20.4 million in 2024, then increased by 5.3% to $21.5 million in 2025, then retreated by 6.01% to $20.2 million in 2026.
- Business Quant data shows MGPI's Operating Expenses at $20.2 million in Q2 2026, $21.1 million in Q1 2026, and $21.5 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 208.66 Bn | 201.84 Bn | - | - |
| 2 | Brown Forman | 13.40 Bn | 13.09 Bn | 571.00 Mn | 259.00 Mn |
| 3 | Mgp Ingredients | 381.19 Mn | 363.39 Mn | 46.47 Mn | 20.24 Mn |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | 12.94 Mn |
| 6 | Epsium Enterprise | 13.22 Mn | 7.43 Mn | - | - |
| 7 | Willamette Valley Vineyards | 11.38 Mn | 11.38 Mn | - | - |
| 8 | Splash Beverage | 518,166.69 | 136,971.69 | 1,848.00 | 980,818.00 |
| 9 | LQR House | 384,570.25 | -4.08 Mn | -22,236.00 | 2.89 Mn |
| 10 | Sndl | 348,352.32 | -146.61 Mn | 40.74 Mn | 31.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 20.24 Mn |
| Mar 31, 2026 | 21.07 Mn |
| Dec 31, 2025 | 21.53 Mn |
| Sep 30, 2025 | 18.93 Mn |
| Jun 30, 2025 | 23.16 Mn |
| Mar 31, 2025 | 21.21 Mn |
| Dec 31, 2024 | 20.45 Mn |
| Sep 30, 2024 | 17.20 Mn |
| Jun 30, 2024 | 22.76 Mn |
| Mar 31, 2024 | 20.98 Mn |
| Dec 31, 2023 | 25.78 Mn |
| Sep 30, 2023 | 21.57 Mn |
| Jun 30, 2023 | 23.51 Mn |
| Mar 31, 2023 | 20.53 Mn |
| Dec 31, 2022 | 22.63 Mn |
| Sep 30, 2022 | 17.91 Mn |
| Jun 30, 2022 | 17.85 Mn |
| Mar 31, 2022 | 16.24 Mn |
| Dec 31, 2021 | 17.55 Mn |
| Sep 30, 2021 | 18.54 Mn |