Mgp Ingredients (MGPI) Tax Provisions (2010 - 2026)

Mgp Ingredients (MGPI) reported Tax Provisions of -$39.9 million for Q1 2026, down 6041.13% year-over-year from $671000.0 in Q1 2025, and down 2148.45% quarter-over-quarter from -$1.8 million in Q4 2025.

Mgp Ingredients (MGPI) Tax Provisions (2010 - 2026) Analysis & Trends

Mgp Ingredients (MGPI) has 17 years of Tax Provisions data on file, last reported at -$39.9 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at -$39.9 million, down 6041.13% year-over-year; the trailing twelve-month figure through Mar 2026 was -$33.1 million (down 216.44% YoY), and the FY2025 annual result was $7.5 million, down 77.98% from the prior year.
  • Tax Provisions slipped to -$39.9 million in Q1 2026 per MGPI's latest filing, from -$1.8 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $11.2 million in Q1 2022 and troughed at -$39.9 million in Q1 2026.
  • A 5-year average of $4.0 million and a median of $7.3 million in 2022 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2026: Tax Provisions surged 141.93% in 2022, then tumbled 6041.13% in 2026.
  • A 5-year view of Tax Provisions shows it stood at $5.3 million in 2022, then jumped by 85.9% to $9.8 million in 2023, then increased by 2.75% to $10.1 million in 2024, then sank by 117.64% to -$1.8 million in 2025, then slumped by 2148.45% to -$39.9 million in 2026.
  • Business Quant data shows MGPI's Tax Provisions at -$39.9 million in Q1 2026, -$1.8 million in Q4 2025, and $4.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Diageo 179,394,718.17 Bn 179,394,718.17 Bn - -
2 Sndl 2.36 Bn 2.20 Bn 38.51 Mn -
3 Mgp Ingredients 351.86 Mn 339.85 Mn 33.58 Mn -39.87 Mn
4 Agencia Comercial Spirits 246.49 Mn 230.66 Mn - -
5 LQR House 18.69 Mn 14.23 Mn -22,236.00 -
6 Willamette Valley Vineyards 13.89 Mn 13.49 Mn 5.03 Mn -193,414.00
7 Epsium Enterprise 5.34 Mn 3.32 Mn - -
8 Splash Beverage 854,741.06 473,546.06 1,848.00 -
9 Diageo - - - -
10 Splash Beverage - - 1,848.00 -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 6.41 Mn