Mgp Ingredients (MGPI) Operating Expenses (2010 - 2026)
Mgp Ingredients' (MGPI) quarterly Operating Expenses came in at $20.2 million in 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.
Analysis
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.
- On a quarterly basis, Operating Expenses fell 12.61% year-over-year to $20.2 million in Q2 2026; TTM through Jun 2026 was $81.8 million, a 0.31% change from a year earlier, with the FY2025 full-year figure at $84.8 million, up 4.21% from the prior year.
- Operating Expenses was $20.2 million for Q2 2026 at Mgp Ingredients, down from $21.1 million in the prior quarter.
- Over five years, Operating Expenses peaked at $25.8 million in Q4 2023 and troughed at $16.2 million in Q1 2022.
- A 5-year average of $20.8 million and a median of $21.0 million in 2024 frame the typical range for Operating Expenses.
- The widest YoY moves for Operating Expenses: up 48.34% in 2022, down 30.78% in 2022.
- Over 5 years, Operating Expenses stood at $22.6 million in 2022, then climbed by 13.91% to $25.8 million in 2023, then retreated by 20.68% to $20.4 million in 2024, then climbed by 5.3% to $21.5 million in 2025, then declined by 6.01% to $20.2 million in 2026.
- The last three Operating Expenses figures came in at $20.2 million (Q2 2026), $21.1 million (Q1 2026), and $21.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Brown Forman | 12.37 Bn | 12.07 Bn | 549.00 Mn | 185.00 Mn |
| 2 | Mgp Ingredients | 322.89 Mn | 305.10 Mn | 46.47 Mn | 20.24 Mn |
| 3 | Agencia Comercial Spirits | 217.05 Mn | 201.22 Mn | - | - |
| 4 | Crimson Wine | 92.64 Mn | 80.79 Mn | 8.62 Mn | 12.94 Mn |
| 5 | Beeline Holdings | 15.21 Mn | 13.51 Mn | - | 7.12 Mn |
| 6 | Willamette Valley Vineyards | 10.76 Mn | 10.76 Mn | - | - |
| 7 | Endovia Health Sciences | 778,792.34 | 536,090.34 | - | 2.01 Mn |
| 8 | LQR House | 301,948.67 | -7.03 Mn | 45,902.00 | 3.92 Mn |
Historic Data
Download Data
Historic 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 |