MGP Ingredients (MGPI) Revenue & Revenue Breakdown
MGP Ingredients Revenue Highlights
Latest Revenue (Y)
$836.52M
Latest Revenue (Q)
$298.38M
Main Segment (Y)
Distilling Solutions
Main Geography (Y)
Non-US
MGP Ingredients Revenue by Period
MGP Ingredients Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $836.52M | 6.92% |
| 2022-12-31 | $782.36M | 24.83% |
| 2021-12-31 | $626.72M | 58.45% |
| 2020-12-31 | $395.52M | 9.04% |
| 2019-12-31 | $362.75M | -3.55% |
| 2018-12-31 | $376.09M | 8.24% |
| 2017-12-31 | $347.45M | 9.17% |
| 2016-12-31 | $318.26M | -2.85% |
| 2015-12-31 | $327.60M | 4.53% |
| 2014-12-31 | $313.40M | -3.05% |
| 2013-12-31 | $323.26M | -3.31% |
| 2012-12-31 | $334.33M | 34.86% |
| 2011-06-30 | $247.91M | 22.75% |
| 2010-06-30 | $201.97M | -26.82% |
| 2009-06-30 | $275.98M | -29.76% |
| 2008-06-30 | $392.89M | 6.77% |
| 2007-07-01 | $367.99M | 14.11% |
| 2006-06-30 | $322.48M | 17.19% |
| 2005-06-30 | $275.18M | 1.66% |
| 2004-06-30 | $270.67M | 40.70% |
| 2003-06-30 | $192.37M | -10.33% |
| 2002-06-30 | $214.53M | -6.42% |
| 2001-06-30 | $229.24M | -1.14% |
| 2000-06-30 | $231.88M | 7.30% |
| 1999-06-30 | $216.10M | -3.22% |
| 1998-06-30 | $223.30M | -0.62% |
| 1997-06-30 | $224.70M | 15.47% |
| 1996-06-30 | $194.60M | 7.93% |
| 1995-06-30 | $180.30M | -3.06% |
| 1994-06-30 | $186.00M | 13.83% |
| 1993-06-30 | $163.40M | - |
MGP Ingredients generated $836.52M in revenue during NA 2023, up 6.92% compared to the previous quarter, and up 222.43% compared to the same period a year ago.
MGP Ingredients Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $298.38M | 74.94% |
| 2024-03-31 | $170.56M | -20.63% |
| 2023-12-31 | $214.89M | 1.54% |
| 2023-09-30 | $211.62M | 1.26% |
| 2023-06-30 | $209.00M | 3.98% |
| 2023-03-31 | $201.01M | 5.24% |
| 2022-12-31 | $191.00M | -5.05% |
| 2022-09-30 | $201.15M | 3.16% |
| 2022-06-30 | $194.98M | -0.13% |
| 2022-03-31 | $195.24M | 17.01% |
| 2021-12-31 | $166.85M | -5.53% |
| 2021-09-30 | $176.61M | 0.96% |
| 2021-06-30 | $174.94M | 61.50% |
| 2021-03-31 | $108.32M | 7.34% |
| 2020-12-31 | $100.92M | -1.99% |
| 2020-09-30 | $102.96M | 11.24% |
| 2020-06-30 | $92.56M | -6.58% |
| 2020-03-31 | $99.08M | 7.16% |
| 2019-12-31 | $92.46M | 1.96% |
| 2019-09-30 | $90.69M | 0.20% |
| 2019-06-30 | $90.50M | 1.58% |
| 2019-03-31 | $89.10M | -15.03% |
| 2018-12-31 | $104.85M | 10.33% |
| 2018-09-30 | $95.03M | 7.68% |
| 2018-06-30 | $88.25M | 0.34% |
| 2018-03-31 | $87.96M | -0.27% |
| 2017-12-31 | $88.19M | 2.15% |
| 2017-09-30 | $86.33M | 0.68% |
| 2017-06-30 | $85.75M | -1.62% |
| 2017-03-31 | $87.17M | 7.42% |
| 2016-12-31 | $81.14M | 1.57% |
| 2016-09-30 | $79.89M | -0.62% |
| 2016-06-30 | $80.39M | 4.63% |
| 2016-03-31 | $76.83M | -5.73% |
| 2015-12-31 | $81.51M | 1.47% |
| 2015-09-30 | $80.33M | -5.89% |
| 2015-06-30 | $85.35M | 6.14% |
| 2015-03-31 | $80.41M | 5.36% |
| 2014-12-31 | $76.33M | -1.54% |
| 2014-09-30 | $77.52M | -3.79% |
| 2014-06-30 | $80.57M | 1.99% |
| 2014-03-31 | $79.00M | 2.20% |
| 2013-12-31 | $77.29M | -3.59% |
| 2013-09-30 | $80.17M | 0.98% |
| 2013-06-30 | $79.39M | -8.11% |
| 2013-03-31 | $86.40M | 0.06% |
| 2012-12-31 | $86.35M | 13.46% |
| 2012-09-30 | $76.11M | -11.02% |
| 2012-06-30 | $85.53M | -0.94% |
| 2012-03-31 | $86.34M | 13.40% |
| 2011-09-30 | $76.14M | 10.67% |
| 2011-06-30 | $68.80M | 7.18% |
| 2011-03-31 | $64.19M | 10.76% |
| 2010-12-31 | $57.95M | 1.71% |
| 2010-09-30 | $56.98M | -10.27% |
| 2010-06-30 | $63.50M | 35.93% |
| 2010-03-31 | $46.72M | 4.58% |
| 2009-12-31 | $44.67M | -5.12% |
| 2009-09-30 | $47.08M | -4.21% |
| 2009-06-30 | $49.15M | -9.92% |
| 2009-03-31 | $54.56M | -25.50% |
| 2008-12-31 | $73.24M | -26.03% |
| 2008-09-30 | $99.02M | -5.00% |
| 2008-06-30 | $104.23M | -2.31% |
| 2008-03-31 | $106.69M | - |
MGP Ingredients generated $298.38M in revenue during Q2 2024, up 74.94% compared to the previous quarter, and up 148.44% compared to the same period a year ago.
MGP Ingredients Revenue Breakdown
MGP Ingredients Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Branded Spirits | $253.93M | $237.94M | $183.57M | - | - |
| Ingredient Solutions | $131.74M | $115.94M | $90.65M | $78.06M | $65.51M |
| Distilling Solutions | $450.85M | $428.48M | - | - | - |
| Distillery Products | - | - | $352.50M | $317.46M | $297.23M |
MGP Ingredients's latest annual revenue breakdown by segment (product or service), as of Dec 23: Distilling Solutions (53.90%), Branded Spirits (30.36%), and Ingredient Solutions (15.75%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Branded Spirits | $64.04M | $50.15M | $72.61M | $66.82M | $57.62M | $56.88M | $60.86M | $62.76M | $58.57M | $55.75M | $61.01M | $61.56M | $60.43M | - | - | - | - | - | - | - |
| Distilling Solutions | $93.39M | $84.85M | $108.91M | $111.85M | $116.86M | $113.22M | $101.19M | $108.64M | $107.14M | $111.51M | - | - | - | - | - | - | - | - | - | - |
| Ingredient Solutions | $33.38M | $35.56M | $33.36M | $32.95M | $34.52M | $30.90M | $28.95M | $29.74M | $29.28M | $27.98M | $23.35M | $24.01M | $24.16M | $19.13M | $20.27M | $21.34M | $17.37M | $19.08M | $17.13M | $17.39M |
| Distillery Products | - | - | - | - | - | - | - | - | - | - | $82.49M | $91.04M | $90.35M | $89.19M | $80.64M | $81.62M | $75.19M | $80.00M | $75.34M | $73.30M |
MGP Ingredients's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Distilling Solutions (48.94%), Branded Spirits (33.56%), and Ingredient Solutions (17.49%).
MGP Ingredients Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Non-US | $49.82M | $56.72M | $42.59M | $23.91M | $19.37M |
MGP Ingredients's latest annual revenue breakdown by geography, as of Dec 23: Non-US (100.00%).
MGP Ingredients Peer Comparison by Revenue
MGPI Revenue FAQ
What is MGP Ingredients’s yearly revenue?
MGP Ingredients's yearly revenue for 2023 was $836.52M, representing an increase of 6.92% compared to 2022. The company's yearly revenue for 2022 was $782.36M, representing an increase of 24.83% compared to 2021. MGPI's yearly revenue for 2021 was $626.72M, representing an increase of 58.45% compared to 2020.
What is MGP Ingredients’s quarterly revenue?
MGP Ingredients's quarterly revenue for Q2 2024 was $298.38M, a 74.94% increase from the previous quarter (Q1 2024), and a 42.76% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $170.56M, a -20.63% decrease from the previous quarter (Q4 2023), and a -15.15% decrease year-over-year (Q1 2023). MGPI's quarterly revenue for Q4 2023 was $214.89M, a 1.54% increase from the previous quarter (Q3 2023), and a 12.51% increase year-over-year (Q4 2022).
What is MGP Ingredients’s revenue growth rate?
MGP Ingredients's revenue growth rate for the last 3 years (2021-2023) was 33.48%, and for the last 5 years (2019-2023) was 130.61%.
What are MGP Ingredients’s revenue streams?
MGP Ingredients's revenue streams in c 23 are Branded Spirits, Ingredient Solutions, and Distilling Solutions. Branded Spirits generated $253.93M in revenue, accounting 30.36% of the company's total revenue, up 6.72% year-over-year. Ingredient Solutions generated $131.74M in revenue, accounting 15.75% of the company's total revenue, up 13.62% year-over-year. Distilling Solutions generated $450.85M in revenue, accounting 53.90% of the company's total revenue, up 5.22% year-over-year.
What is MGP Ingredients’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of MGP Ingredients was Distilling Solutions. This segment made a revenue of $450.85M, representing 53.90% of the company's total revenue.