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
DateValue
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