Brown Goods was Mgp Ingredients’s largest product and service line in fiscal 2025, bringing in $128.45M of $536.38M (24%).
| Product and Service | 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 product and service lines in fiscal 2025, the year ended December 31, 2025. Mgp Ingredients regrouped these lines 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 lines 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.
Branded Spirits was Mgp Ingredients’s largest segment in fiscal 2025, bringing in $232.94M of $536.38M (43%).
| Segment | FY 2011 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Distilling Solutions | $428.48M | $450.85M | $332.20M | $181.40M | ||||||||||||
| Distillery Products | — | — | — | — | ||||||||||||
| Branded Spirits | $237.94M | $253.93M | $240.82M | $232.94M | ||||||||||||
| Ingredient Solutions | $115.94M | $131.74M | $130.61M | $122.03M | ||||||||||||
| Other | — | — | — | — | ||||||||||||
| All Other Segments | — | — | — | — | ||||||||||||
| Total | $782.36M | $836.52M | $703.63M | $536.38M |
Mgp Ingredients brought in $536.38M from its three segments in fiscal 2025, the year ended December 31, 2025. That was down 23.8% from $703.63M in fiscal 2024. Branded Spirits was the largest at $232.94M (43.4%), ahead of Distilling Solutions at $181.40M (33.8%) and Ingredient Solutions at $122.03M (22.8%).
Compared with fiscal 2024, every segment above 2% of revenue shrank. Branded Spirits held up best, down 3.3% to $232.94M, and Distilling Solutions fell the most, down 45.4% to $181.40M. From fiscal 2022 to 2025, combined revenue from these segments fell from $782.36M to $536.38M, a compound annual decline of 11.8%. Branded Spirits' share of the total rose from 30.4% to 43.4%.
Products Transferred At A Point In Time was Mgp Ingredients’s largest revenue line in fiscal 2016, bringing in $309.83M of $318.26M (97%).
| Timing Of Transfer Of Good Or Service | FY 2016 |
|---|---|
| Products Transferred At A Point In Time | $309.83M |
| Services Transferred Over Time | $8.44M |
| Total | $318.26M |
Mgp Ingredients brought in $318.26M 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 $309.83M (97.3%), ahead of Services Transferred Over Time at $8.44M (2.7%).
Mgp Ingredients (MGPI) reports its revenue by product and service, by segment and by timing of transfer of good or service. In fiscal 2025, Brown Goods was its largest product and service line, bringing in $128.45M (23.9% of the total), followed by Premium Plus at $116.73M (21.8%).
Brown Goods was Mgp Ingredients' largest product and service line in fiscal 2025, bringing in $128.45M, or 23.9% of the $536.38M total across its 12 product and service lines.
Branded Spirits was Mgp Ingredients' largest segment in fiscal 2025, bringing in $232.94M, or 43.4% of the $536.38M total across its three segments.
Products Transferred At A Point In Time was Mgp Ingredients' largest revenue line in fiscal 2016, bringing in $309.83M, or 97.3% of the $318.26M total across its two revenue lines.
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 product and service 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.