MGP Ingredients, Inc. (MGPI) Q3 2026 Earnings Call Transcript

MGPI's reported revenue has contracted from $190.8M in 2024Q2 to $117.9M in 2026Q3, and gross margin has compressed from 43.6% to 34.3%, suggesting core demand and pricing power are weakening.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
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Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $0.39+21.0% vs $0.32 | $118M-1.5% vs $120M |
Q3 2026 Jul 29, 2026 | $0.72+46.9% vs $0.49 | $124M-0.6% vs $125M |
Q2 2026 Apr 29, 2026 | $0.15+275.0% vs $0.04 | $106M+1.1% vs $105M |
Q1 2026 Feb 25, 2026 | $0.63+28.6% vs $0.49 | $138M+4.1% vs $133M |
MGP Ingredients, Inc. (MGPI) Q3 2026 Earnings Call Transcript

MGP Ingredients NASDAQ: MGPI reported third-quarter 2026 sales and earnings that declined from a year earlier but exceeded its internal expectations, supported by cost-management efforts, operating cash flow and stronger-than-anticipated results in branded spirits and brown goods sales.

MGP (MGPI) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $0.85 per share a year ago.
ATCHISON, Kan.--(BUSINESS WIRE)--MGP Ingredients, Inc. (Nasdaq: MGPI), a leading provider of branded and distilled spirits and food ingredient solutions, which will change its name to Sempreon, Inc. and its ticker symbol to CASK on November 2, 2026, today reported results for the third quarter ended September 30, 2026. During the quarter, the company continued to execute against its strategic roadmap, reducing total debt by $28.4 million and delivering adjusted EBITDA and adjusted basic EPS ahe.
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Key metrics vs top competitors for MGP Ingredients, Inc. (MGPI)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $16.98 | $363.61M | -1.45 | -23.77% | -51.44% | -40.34% | 2.85% | |
| $220.64 | $2.3B | -30.88 | 3.69% | -3.47% | -9.81% | — | |
| $11.31 | $850.92M | -1066.98 | 4.79% | -0.05% | -0.14% | 4.42% | |
| $141.97 | $24.25B | 12.59 | -10.47% | 20.9% | 22.76% | 2.87% | |
| $40.33 | $7.56B | 8.44 | -4.18% | 8.09% | 8.54% | 4.77% | |
| $1.70 | $8.47M | -3.79 | 53.74% | -5.92% | -3.34% | 11.42% |
MGP Ingredients, Inc. (MGPI) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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MGP Ingredients, Inc. (MGPI) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Oct 15, 2026·SEC
Aug 7, 2026·SEC
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MGP Ingredients, Inc. (MGPI) stock FAQ — growth, dividends, profitability & financials explained
MGP Ingredients, Inc. (MGPI) reported $487.0M in revenue over the trailing twelve months. Revenue was $536.4M in fiscal year 2025. That is 176% more than the $194.6M of fiscal year 1996.
MGP Ingredients, Inc. (MGPI) revenue fell by 15.9% over the trailing twelve months, compared with the twelve months before.
No. MGP Ingredients, Inc. (MGPI) reported a net loss of $250.5M over the trailing twelve months.
Yes. MGP Ingredients, Inc. (MGPI) pays a dividend that yields 2.85% at the current price, a moderate yield.
MGP Ingredients, Inc. (MGPI) had a return on equity (ROE) of -40.3% over the trailing twelve months. A negative ROE means the company lost money over the period.
MGP Ingredients, Inc. (MGPI) generated $0.5M in free cash flow over the trailing twelve months.