Mgp Ingredients (MGPI) Operating Expenses (2010 - 2026)
Mgp Ingredients (MGPI) reported Operating Expenses of $21.1 million for Q1 2026, down 0.66% year-over-year from $21.2 million in Q1 2025, and down 2.16% quarter-over-quarter from $21.5 million in Q4 2025.
Mgp Ingredients (MGPI) Operating Expenses (2010 - 2026) Analysis & Trends
Mgp Ingredients (MGPI) has 17 years of Operating Expenses data on file, last reported at $21.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $21.1 million, down 0.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $84.7 million (up 3.75% YoY), and the FY2025 annual result was $84.8 million, up 4.21% from the prior year.
- Operating Expenses slipped to $21.1 million in Q1 2026 per MGPI's latest filing, from $21.5 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 $21.1 million in 2026 frame the typical range for Operating Expenses.
- On a YoY basis, Operating Expenses climbed as much as 48.34% in 2022 and fell as far as 30.78% in 2022.
- A 5-year view of Operating Expenses shows it stood at $22.6 million in 2022, then grew by 13.91% to $25.8 million in 2023, then decreased by 20.68% to $20.4 million in 2024, then grew by 5.3% to $21.5 million in 2025, then retreated by 2.16% to $21.1 million in 2026.
- Business Quant data shows MGPI's Operating Expenses at $21.1 million in Q1 2026, $21.5 million in Q4 2025, and $18.9 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 179,394,718.17 Bn | 179,394,718.17 Bn | - | - |
| 2 | Sndl | 2.36 Bn | 2.20 Bn | 38.51 Mn | 34.11 Mn |
| 3 | Mgp Ingredients | 351.86 Mn | 339.85 Mn | 33.58 Mn | 21.07 Mn |
| 4 | Agencia Comercial Spirits | 246.49 Mn | 230.66 Mn | - | - |
| 5 | LQR House | 18.69 Mn | 14.23 Mn | -22,236.00 | 2.89 Mn |
| 6 | Willamette Valley Vineyards | 13.89 Mn | 13.49 Mn | 5.03 Mn | 5.71 Mn |
| 7 | Epsium Enterprise | 5.34 Mn | 3.32 Mn | - | - |
| 8 | Splash Beverage | 854,741.06 | 473,546.06 | 1,848.00 | 980,818.00 |
| 9 | Diageo | - | - | - | - |
| 10 | Splash Beverage | - | - | 1,848.00 | 980,818.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 25.79 Mn |