What is the primary revenue source for MGP Ingredients (MGPI)?

According to the latest financial reports, the company's revenue is driven by its core business segments and operational services. You can explore the exact breakdown and proportions of each revenue stream using the interactive charts on this page.

How can I visualize and analyze MGPI's financial statements?

gkcal provides interactive Sankey diagrams and profit waterfall charts that map out MGP Ingredients's total revenue, cost of goods sold, operating expenses, and net income, making it easy to understand their business model and cash flow at a glance.

How MGP Ingredients Makes Money: MGPI Revenue Breakdown (2026)

Operations

Where did the money come from, and where was it spent?

Watch

Revenue declined year over year, putting pressure on the core business.

Operating margin improved by 60.07 percentage points year over year.

Revenue: USD 230.78M
Largest revenue segment share (Premium Plus): 23.96%
Cost of revenue: USD 150.73M
Selling, general and administrative: USD 41.30M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

RevenueSales · RevenueFromContractWithCustomerExcludingAssessedTax
Cost of revenueCost of sales · CostOfGoodsAndServicesSold
Selling, general and administrativeSelling, general, and administrative expenses · SellingGeneralAndAdministrativeExpense
Largest revenue segment share (Premium Plus)Premium Plus · segment_value / revenue * 100
Operating marginOperating income (loss) · operating_income / revenue * 100

Assets

Where is the money tied up, and how is the company financed?

Neutral

Liabilities and shareholder equity jointly fund the asset base, with a broadly stable mix.

Inventory: USD 408.42M
Property, plant and equipment: USD 296.44M
Accounts receivable: USD 103.56M
Total liabilities: USD 466.95M
Shareholder equity: USD 590.81M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Property, plant and equipmentProperty, plant, and equipment, net · PropertyPlantAndEquipmentNet
Shareholder equityTotal equity · StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Total liabilitiesTotal liabilities · Liabilities
InventoryInventory
Accounts receivableReceivables, net (less allowance for credit loss of $3,338 and $1,190 at june 30, 2026, and december 31, 2025, respectively) · AccountsReceivableNetCurrent

Cash

Did accounting profit ultimately turn into cash?

Insufficient data

Current data explains this period's structure but is insufficient for a year-over-year conclusion.

Free cash flow is negative after capital expenditure.

Operating cash flow: USD −40.73M
Free cash flow: USD −50.95M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Free cash flowcfo - capex
Operating cash flowsum(waterfull.operating)

Some conclusions lack complete source metrics and should be interpreted cautiously.

Shareholders

Did the money earned actually make its way back to shareholders?

Watch

Dividends and net buybacks exceed free cash flow, raising questions about sustainability.

Cash dividends: USD 5.20M
Share repurchases: USD 886.00K
Net shareholder return: USD 6.08M

View calculation evidence

YoY periods: H1 2026 compared with H1 2025

Source metrics

Cash dividendsPayments of dividends · PaymentsOfDividends · abs(node_value)
Net shareholder returndividends_paid + share_repurchases - stock_issuance_proceeds
Share repurchasesPayments for repurchase of common stock · PaymentsForRepurchaseOfCommonStock · abs(node_value)

Diluted share count is missing, so dilution cannot be assessed against buybacks.

Financial Insights

Please select a report to view

Where did the money come from, and where was it spent?

Where is the money tied up, and how is the company financed?

Did accounting profit ultimately turn into cash?

Did the money earned actually make its way back to shareholders?