MGP Ingredients, Inc. (MGPI) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MGPI Revenue Growth
Revenue Breakdown (FY 2025)
MGPI's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MGPI Revenue Analysis (2014–2025)
As of May 8, 2026, MGP Ingredients, Inc. (MGPI) generated trailing twelve-month (TTM) revenue of $521.1 million, reflecting significant decline in growth of -12.5% year-over-year. The most recent quarter (Q1 2026) recorded $106.4 million in revenue, down 23.1% sequentially.
Looking at the longer-term picture, MGPI's 5-year compound annual growth rate (CAGR) stands at +6.3%, indicating steady revenue expansion. The company achieved its highest annual revenue of $836.5 million in 2023.
Revenue diversification analysis shows MGPI's business is primarily driven by Branded Spirits (43%), Distilling Solutions (34%), and Ingredient Solutions (23%).
When compared to Consumer Defensive sector peers including SAM (+2.7% YoY), CODI (-8.2% YoY), and STZ (-7.9% YoY), MGPI has underperformed the peer group in terms of revenue growth. Compare MGPI vs SAM →
MGPI Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MGPICurrent | $521M | -12.5% | +6.3% | -17.6% | |
 SAM | $2.1B | +2.7% | +3.7% | 6.9% | |
 CODI | $1.9B | -8.2% | +5.3% | 2.3% | |
 STZ | $10.2B | -7.9% | +4.1% | 35.5% | |
 TAP | $11.1B | -1.3% | +2.9% | -21.0% |
MGPI Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $536.4M | -23.8% | $199.4M | 37.2% | $-94,615,000 | -17.6% |
| 2024 | $703.6M | -15.9% | $286.3M | 40.7% | $74.4M | 10.6% |
| 2023 | $836.5M | +6.9% | $304.7M | 36.4% | $148.6M | 17.8% |
| 2022 | $782.4M | +24.8% | $253.3M | 32.4% | $149.0M | 19.0% |
| 2021 | $626.7M | +58.5% | $199.0M | 31.7% | $126.4M | 20.2% |
| 2020 | $395.5M | +9.0% | $98.8M | 25.0% | $54.2M | 13.7% |
| 2019 | $362.7M | -3.5% | $76.5M | 21.1% | $47.2M | 13.0% |
| 2018 | $376.1M | +8.2% | $83.6M | 22.2% | $50.1M | 13.3% |
| 2017 | $347.4M | +9.2% | $76.0M | 21.9% | $42.9M | 12.3% |
| 2016 | $318.3M | -2.9% | $65.3M | 20.5% | $42.0M | 13.2% |
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Start ComparisonMGPI — Frequently Asked Questions
Quick answers to the most common questions about buying MGPI stock.
Is MGPI's revenue growth accelerating or slowing?
MGPI revenue declined -12.5% year-over-year, contrasting with the 5-year CAGR of +6.3%. TTM revenue fell to $521M. This reverses the prior growth trend.
What is MGPI's long-term revenue growth rate?
MGP Ingredients, Inc.'s 5-year revenue CAGR of +6.3% reflects the variable expansion pattern. Current YoY growth of -12.5% is below this long-term average.
How is MGPI's revenue distributed by segment?
MGPI reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.