Mgp Ingredients (MGPI) Tax Provisions (2010 - 2026)
Mgp Ingredients (MGPI) posted quarterly Tax Provisions of $3.1 million for Q2 2026, down 28.9% year-over-year from $4.3 million in Q2 2025, and up 107.68% quarter-over-quarter from -$39.9 million in Q1 2026.
Mgp Ingredients (MGPI) Tax Provisions (2010 - 2026) Analysis & Trends
Mgp Ingredients (MGPI) has reported Tax Provisions for 17 consecutive years, with $3.1 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Provisions fell 28.9% year-over-year to $3.1 million; the TTM figure through Jun 2026 stood at -$34.3 million (down 251.86% YoY), while the FY2025 annual figure was $7.5 million, down 77.98% from the prior year.
- Tax Provisions climbed to $3.1 million in Q2 2026 per MGPI's latest filing, from -$39.9 million in the prior quarter.
- Across five years, Tax Provisions topped out at $11.2 million in Q1 2022 and bottomed at -$39.9 million in Q1 2026.
- Historically, Tax Provisions has averaged $3.9 million across 5 years, with a median of $6.8 million in 2022.
- Annual changes were most pronounced in 2022 — Tax Provisions surged 141.93% — and 2026, when it tumbled 6041.13%.
- Mgp Ingredients' Tax Provisions stood at $5.3 million in 2022, then surged by 85.9% to $9.8 million in 2023, then rose by 2.75% to $10.1 million in 2024, then slumped by 117.64% to -$1.8 million in 2025, then surged by 272.76% to $3.1 million in 2026.
- Business Quant data shows MGPI's Tax Provisions at $3.1 million in Q2 2026, -$39.9 million in Q1 2026, and -$1.8 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Diageo | 210.11 Bn | 203.30 Bn | - | - |
| 2 | Brown Forman | 13.51 Bn | 13.21 Bn | 571.00 Mn | 17.00 Mn |
| 3 | Mgp Ingredients | 387.51 Mn | 369.72 Mn | 46.47 Mn | 3.06 Mn |
| 4 | Agencia Comercial Spirits | 235.51 Mn | 219.68 Mn | - | - |
| 5 | Crimson Wine | 87.49 Mn | 75.65 Mn | 8.62 Mn | -115,000.00 |
| 6 | Epsium Enterprise | 13.36 Mn | 7.57 Mn | - | - |
| 7 | Willamette Valley Vineyards | 10.76 Mn | 10.76 Mn | - | - |
| 8 | Splash Beverage | 536,097.50 | 154,902.50 | 1,848.00 | - |
| 9 | LQR House | 373,908.50 | -4.09 Mn | -22,236.00 | - |
| 10 | Sndl | 356,122.25 | -146.61 Mn | 40.74 Mn | 1.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.06 Mn |
| Mar 31, 2026 | -39.87 Mn |
| Dec 31, 2025 | -1.77 Mn |
| Sep 30, 2025 | 4.28 Mn |
| Jun 30, 2025 | 4.31 Mn |
| Mar 31, 2025 | 671,000.00 |
| Dec 31, 2024 | 10.05 Mn |
| Sep 30, 2024 | 7.55 Mn |
| Jun 30, 2024 | 10.11 Mn |
| Mar 31, 2024 | 6.26 Mn |
| Dec 31, 2023 | 9.78 Mn |
| Sep 30, 2023 | 4.37 Mn |
| Jun 30, 2023 | 10.80 Mn |
| Mar 31, 2023 | 9.66 Mn |
| Dec 31, 2022 | 5.26 Mn |
| Sep 30, 2022 | 7.53 Mn |
| Jun 30, 2022 | 7.34 Mn |
| Mar 31, 2022 | 11.17 Mn |
| Dec 31, 2021 | 11.58 Mn |
| Sep 30, 2021 | 7.67 Mn |