Short answer
MGP INGREDIENTS INC (MGPI) filed its Q1 2026 10-Q quarterly report on Apr 29, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $106M (down 12.5% year over year) with net income of −$135M.
Q1 2026 key financials · XBRL
- Revenue
- $106M
- −12.5% YoY
- Net income
- −$135M
- −4357.8% YoY
- Operating margin
- -162.7%
- Gross margin
- 31.6%
- EPS (diluted)
- −$6.30
- −4400.0% YoY
Source: XBRL data from the MGP INGREDIENTS INC (MGPI) Q1 2026 10-Q on SEC EDGAR. USD.
MGP INGREDIENTS INC Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $106,427, down 13% YoY, driven by Distilling Solutions down 40% and Branded Spirits down 8%
- Operating margin (162.7%) vs (0.6%); gross margin 31.6% vs 35.6%, including $179,526 impairment
- Best segment Ingredient Solutions: sales $34,190, up 29%; gross margin 11.2% vs 9.3%
- Worst segment Distilling Solutions: sales $28,000, down 40%; gross margin 30.8% vs 39.8%
- Cash $10,357; operating cash flow $6,955 vs $44,684; capital expenditures paid $5,722; 2026 outlook approximately $20,000 capital expenditures
Risk Factors
- No Risk Factors section provided in the submitted excerpt
- No newly added or materially changed risk identified
- Share-repurchase authorization: $53,412 thousand remaining under $100,000 program
- No director or officer trading arrangements adopted, modified, or terminated during the quarter
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
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