MGP Ingredients (MGPI) Revenue & Revenue Breakdown

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MGP Ingredients Revenue Highlights

Latest Revenue (Y)

$703.63M

Latest Revenue (Q)

$145.49M

Main Segment (Y)

Distilling Solutions

Main Geography (Y)

Non-US

MGP Ingredients Revenue by Period

MGP Ingredients Revenue by Year

Date	Revenue	Change
2024-12-31	$703.63M	-15.89%
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 $703.63M in revenue during NA 2024, up -15.89% compared to the previous quarter, and up 193.97% compared to the same period a year ago.

MGP Ingredients Revenue by Quarter

Date	Revenue	Change
2025-06-30	$145.49M	19.60%
2025-03-31	$121.65M	-32.71%
2024-12-31	$180.80M	11.98%
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 $145.49M in revenue during Q2 2025, up 19.60% compared to the previous quarter, and up 85.30% 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 24	Dec 23	Dec 22	Dec 21	Dec 20
Branded Spirits	$240.82M	$253.93M	$237.94M	$183.57M	-
Ingredient Solutions	$130.60M	$131.74M	$115.94M	$90.65M	$78.06M
Distilling Solutions	$332.20M	$450.85M	$428.48M	-	-
Distillery Products	-	-	-	$352.50M	$317.46M

MGP Ingredients's latest annual revenue breakdown by segment (product or service), as of Dec 24: Distilling Solutions (47.21%), Branded Spirits (34.23%), and Ingredient Solutions (18.56%).

Quarterly Revenue by Product

Product/Service	Jun 25	Mar 25	Dec 24	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
Distilling Solutions	$50.00M	$46.94M	$82.05M	$71.92M	$93.39M	$84.85M	$108.91M	$111.85M	$116.86M	$113.22M	$101.19M	$108.64M	$107.14M	$111.51M	-	-	-	-	-	-
Ingredient Solutions	$34.97M	$26.48M	$34.75M	$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
Branded Spirits	$60.52M	$48.23M	$64.00M	$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	-	-	-
Distillery Products	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$82.49M	$91.04M	$90.35M	$89.19M	$80.64M	$81.62M

MGP Ingredients's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Branded Spirits (41.60%), Distilling Solutions (34.37%), and Ingredient Solutions (24.04%).

MGP Ingredients Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Non-US	$36.24M	$49.82M	$56.72M	$42.59M	$23.91M

MGP Ingredients's latest annual revenue breakdown by geography, as of Dec 24: Non-US (100.00%).

MGP Ingredients Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
VLGEA	Village Super Market	$2.32B	$599.65M
HELE	Helen of Troy	$1.91B	$431.78M
NUS	Nu Skin Enterprises	$1.73B	$364.49M
WEST	Westrock Coffee	$850.73M	$213.80M
OTLY	Oatly Group AB	$784.78M	$198.03M
MGPI	MGP Ingredients	$703.63M	$145.49M
CVGW	Calavo Growers	$661.54M	$178.82M
ABVE	Above Food Ingredients	$368.42M	-
VFF	Village Farms	$336.18M	$77.07M
LWAY	Lifeway Foods	$186.82M	$53.90M
EPSM	Epsium Enterprise Limited Ordinary Shares	$12.52M	-

MGPI Revenue FAQ

What is MGP Ingredients’s yearly revenue?

MGP Ingredients's yearly revenue for 2024 was $703.62M, representing a decrease of -15.89% compared to 2023. The company's yearly revenue for 2023 was $836.52M, representing an increase of 6.92% compared to 2022. MGPI's yearly revenue for 2022 was $782.36M, representing an increase of 24.83% compared to 2021.

What is MGP Ingredients’s quarterly revenue?

MGP Ingredients's quarterly revenue for Q2 2025 was $145.49M, a 19.60% increase from the previous quarter (Q1 2025), and a -23.75% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $121.65M, a -32.71% decrease from the previous quarter (Q4 2024), and a -28.68% decrease year-over-year (Q1 2024). MGPI's quarterly revenue for Q4 2024 was $180.8M, a 11.98% increase from the previous quarter (Q3 2024), and a -15.87% decrease year-over-year (Q4 2023).

What is MGP Ingredients’s revenue growth rate?

MGP Ingredients's revenue growth rate for the last 3 years (2022-2024) was -10.06%, and for the last 5 years (2020-2024) was 77.90%.

What are MGP Ingredients’s revenue streams?

MGP Ingredients's revenue streams in c 24 are Branded Spirits, Ingredient Solutions, and Distilling Solutions. Branded Spirits generated $240.82M in revenue, accounting 34.23% of the company's total revenue, down -5.17% year-over-year. Ingredient Solutions generated $130.6M in revenue, accounting 18.56% of the company's total revenue, down -0.86% year-over-year. Distilling Solutions generated $332.2M in revenue, accounting 47.21% of the company's total revenue, down -26.32% year-over-year.

What is MGP Ingredients’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of MGP Ingredients was Distilling Solutions. This segment made a revenue of $332.2M, representing 47.21% of the company's total revenue.