Brown Goods was Mgp Ingredients’s largest segment in fiscal 2025, bringing in $128.45M of $536.38M (24%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Brown Goods | $229.52M | $289.19M | $265.87M | $128.45M | ||||
| Premium Beverage Alcohol | — | — | — | — | ||||
| Premium Plus | $84.73M | $105.47M | $110.99M | $116.73M | ||||
| White Goods & Other Co-Products | $175.36M | $133.03M | $32.90M | $20.56M | ||||
| Industrial Alcohol | — | — | — | — | ||||
| Mid | $82.53M | $75.68M | $63.45M | $59.49M | ||||
| White Goods | — | — | — | — | ||||
| Specialty Wheat Starches | $62.57M | $66.05M | $76.01M | $68.12M | ||||
| Value | $47.40M | $47.91M | $42.10M | $32.61M | ||||
| Specialty Wheat Proteins | $39.31M | $48.29M | $41.77M | $39.92M | ||||
| Other | $23.28M | $24.89M | $24.27M | $24.12M | ||||
| Distillers Feed & Related Co-Products | — | — | — | — | ||||
| Warehouse Services | $23.60M | $28.63M | $33.43M | $32.39M | ||||
| Commodity Wheat Starch | $14.02M | $16.41M | $12.35M | $10.37M | ||||
| Fuel Grade Alcohol | — | — | — | — | ||||
| Ultra Premium | — | — | — | — | ||||
| Commodity Wheat Protein | $38.00K | $982.00K | $481.00K | $3.11M | ||||
| Biofuel & Other | — | — | — | $515.00K | ||||
| Premium | — | — | — | — | ||||
| Total | $782.36M | $836.52M | $703.63M | $536.38M |
Mgp Ingredients brought in $536.38M from its 12 segments in fiscal 2025, the year ended December 31, 2025. Mgp Ingredients regrouped these segments after fiscal 2024, so the total does not compare directly with that year's $703.63M. Brown Goods was the largest at $128.45M (23.9%), ahead of Premium Plus at $116.73M (21.8%) and Specialty Wheat Starches at $68.12M (12.7%). The other nine segments brought in $223.07M combined.
Compared with fiscal 2024, Premium Plus grew fastest, up 5.2% to $116.73M, while Brown Goods fell the most, down 51.7% to $128.45M.
Mgp Ingredients began breaking out Biofuel & Other in fiscal 2025, when it brought in $515.00K.
Distilling Solutions was Mgp Ingredients’s largest segment in fiscal 2025, bringing in $128.45M of $313.30M (41%).
| Statement Business Segments | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Distilling Solutions | $229.52M | $289.19M | $265.87M | $128.45M | ||||
| Distillery Products | — | — | — | — | ||||
| Branded Spirits | $84.73M | $105.47M | $110.99M | $116.73M | ||||
| Ingredient Solutions | $62.57M | $66.05M | $76.01M | $68.12M | ||||
| Total | $376.82M | $460.71M | $452.87M | $313.30M |
Mgp Ingredients brought in $313.30M from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $536.38M it reports by segment, so these segments do not cover all of its revenue. Distilling Solutions was the largest at $128.45M (41.0%), ahead of Branded Spirits at $116.73M (37.3%) and Ingredient Solutions at $68.12M (21.7%).
Compared with fiscal 2024, Branded Spirits grew fastest, up 5.2% to $116.73M, while Distilling Solutions fell the most, down 51.7% to $128.45M.
Products Transferred At A Point In Time was Mgp Ingredients’s largest revenue line in fiscal 2016, bringing in $256.81M of $265.24M (97%).
| Timing of Transfer of Good or Service | FY 2016 |
|---|---|
| Products Transferred At A Point In Time | $256.81M |
| Services Transferred Over Time | $8.44M |
| Total | $265.24M |
Mgp Ingredients brought in $265.24M from its two revenue lines in fiscal 2016, the year ended December 31, 2016. Products Transferred At A Point In Time was the largest at $256.81M (96.8%), ahead of Services Transferred Over Time at $8.44M (3.2%).
Mgp Ingredients (MGPI) reports its revenue by segment, by statement business segments and by timing of transfer of good or service. In fiscal 2025, Brown Goods was its largest segment, bringing in $128.45M (23.9% of the total), followed by Premium Plus at $116.73M (21.8%).
Brown Goods was Mgp Ingredients' largest segment in fiscal 2025, bringing in $128.45M, or 23.9% of the $536.38M total across its 12 segments.
Products Transferred At A Point In Time was Mgp Ingredients' largest revenue line in fiscal 2016, bringing in $256.81M, or 96.8% of the $265.24M total across its two revenue lines.
Among Mgp Ingredients' segments that make up at least 2% of revenue, Branded Spirits grew fastest in fiscal 2025, up 5.2% from $110.99M to $116.73M.
Every figure comes from Mgp Ingredients' annual financial filings, as reported. Each line keeps the name Mgp Ingredients gives it, and years follow its fiscal calendar.
Mgp Ingredients' revenue by segment goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.