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| Date | Value |
|---|---|
| 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 |