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

DateRevenueChange
2023-12-31$836.52M6.92%
2022-12-31$782.36M24.83%
2021-12-31$626.72M58.45%
2020-12-31$395.52M9.04%
2019-12-31$362.75M-3.55%
2018-12-31$376.09M8.24%
2017-12-31$347.45M9.17%
2016-12-31$318.26M-2.85%
2015-12-31$327.60M4.53%
2014-12-31$313.40M-3.05%
2013-12-31$323.26M-3.31%
2012-12-31$334.33M34.86%
2011-06-30$247.91M22.75%
2010-06-30$201.97M-26.82%
2009-06-30$275.98M-29.76%
2008-06-30$392.89M6.77%
2007-07-01$367.99M14.11%
2006-06-30$322.48M17.19%
2005-06-30$275.18M1.66%
2004-06-30$270.67M40.70%
2003-06-30$192.37M-10.33%
2002-06-30$214.53M-6.42%
2001-06-30$229.24M-1.14%
2000-06-30$231.88M7.30%
1999-06-30$216.10M-3.22%
1998-06-30$223.30M-0.62%
1997-06-30$224.70M15.47%
1996-06-30$194.60M7.93%
1995-06-30$180.30M-3.06%
1994-06-30$186.00M13.83%
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

DateRevenueChange
2024-09-30$161.46M-15.38%
2024-06-30$190.81M11.87%
2024-03-31$170.56M-20.63%
2023-12-31$214.89M1.54%
2023-09-30$211.62M1.26%
2023-06-30$209.00M3.98%
2023-03-31$201.01M5.24%
2022-12-31$191.00M-5.05%
2022-09-30$201.15M3.16%
2022-06-30$194.98M-0.13%
2022-03-31$195.24M17.01%
2021-12-31$166.85M-5.53%
2021-09-30$176.61M0.96%
2021-06-30$174.94M61.50%
2021-03-31$108.32M7.34%
2020-12-31$100.92M-1.99%
2020-09-30$102.96M11.24%
2020-06-30$92.56M-6.58%
2020-03-31$99.08M7.16%
2019-12-31$92.46M1.96%
2019-09-30$90.69M0.20%
2019-06-30$90.50M1.58%
2019-03-31$89.10M-15.03%
2018-12-31$104.85M10.33%
2018-09-30$95.03M7.68%
2018-06-30$88.25M0.34%
2018-03-31$87.96M-0.27%
2017-12-31$88.19M2.15%
2017-09-30$86.33M0.68%
2017-06-30$85.75M-1.62%
2017-03-31$87.17M7.42%
2016-12-31$81.14M1.57%
2016-09-30$79.89M-0.62%
2016-06-30$80.39M4.63%
2016-03-31$76.83M-5.73%
2015-12-31$81.51M1.47%
2015-09-30$80.33M-5.89%
2015-06-30$85.35M6.14%
2015-03-31$80.41M5.36%
2014-12-31$76.33M-1.54%
2014-09-30$77.52M-3.79%
2014-06-30$80.57M1.99%
2014-03-31$79.00M2.20%
2013-12-31$77.29M-3.59%
2013-09-30$80.17M0.98%
2013-06-30$79.39M-8.11%
2013-03-31$86.40M0.06%
2012-12-31$86.35M13.46%
2012-09-30$76.11M-11.02%
2012-06-30$85.53M-0.94%
2012-03-31$86.34M13.40%
2011-09-30$76.14M10.67%
2011-06-30$68.80M7.18%
2011-03-31$64.19M10.76%
2010-12-31$57.95M1.71%
2010-09-30$56.98M-10.27%
2010-06-30$63.50M35.93%
2010-03-31$46.72M4.58%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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

CountryDec 23Dec 22Dec 21Dec 20Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
DEODiageo$17.11B$4.30B
STZConstellation Brands$9.96B$2.92B
BF-BBrown-Forman$4.18B$1.09B
MGPIMGP Ingredients$836.52M$161.46M
NAPADuckhorn Portfolio$405.48M$122.94M
WVVIWillamette 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.