MGP Ingredients (MGPI) Revenue & Revenue Breakdown

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MGP Ingredients Revenue Highlights

Latest Revenue (Y)

$836.52M

Latest Revenue (Q)

$161.46M

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
2024-09-30	$161.46M	-15.38%
2024-06-30	$190.81M	11.87%
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 $161.46M in revenue during Q3 2024, up -15.38% compared to the previous quarter, and up 77.25% 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	Sep 24	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
Branded Spirits	$62.62M	$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	$71.92M	$93.39M	$84.85M	$108.91M	$111.85M	$116.86M	$113.22M	$101.19M	$108.64M	$107.14M	$111.51M	-	-	-	-	-	-	-	-	-
Ingredient Solutions	$26.92M	$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
Distillery Products	-	-	-	-	-	-	-	-	-	-	-	$82.49M	$91.04M	$90.35M	$89.19M	$80.64M	$81.62M	$75.19M	$80.00M	$75.34M

MGP Ingredients's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Distilling Solutions (44.54%), Branded Spirits (38.79%), and Ingredient Solutions (16.67%).

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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
DEO	Diageo	$17.11B	$4.30B
STZ	Constellation Brands	$9.96B	$2.92B
BF-B	Brown-Forman	$4.18B	$951.00M
MGPI	MGP Ingredients	$836.52M	$161.46M
NAPA	Duckhorn Portfolio	$405.48M	$92.53M
VWE	Vintage Wine Estates	$85.18M	$45.66M
WVVI	Willamette Valley Vineyards	$55.72M	$12.93M

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 Q3 2024 was $161.46M, a -15.38% decrease from the previous quarter (Q2 2024), and a -23.70% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $190.8M, a 11.87% increase from the previous quarter (Q1 2024), and a -8.71% decrease year-over-year (Q2 2023). MGPI'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).

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.