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MGP Ingredients (MGPI) gross margin by quarter

MGP Ingredients' gross margin was 34.3% in Q3 2026 (third quarter 2026), -3.1 pts from Q2 2026. Over the last 4 quarters it ranged from 34.3% (Q3 2026) to 40.1% (Q2 2025).

MGP Ingredients gross margin by quarterMGP Ingredients gross margin by quarter40.1%Q2 202537.8%Q3 202537.4%Q2 202634.3%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202634.3%-3.1 pts-3.4 pts
Q2 202637.4%-0.4 pts-2.8 pts
Q3 202537.8%-2.4 pts—
Q2 202540.1%——

Q3 2026 at a glance

MGP Ingredients, Q3 2026: revenue $118M (-10% year over year), operating margin 10.2%, net earnings $6.9M, operating cash flow $31.9M. The chart follows the revenue to costs, profit and cash.

Questions

What is MGP Ingredients' gross margin?

MGP Ingredients' gross margin was 34.3% in Q3 2026 (third quarter 2026), -3.1 pts from Q2 2026.

How has MGP Ingredients' gross margin changed?

Over the last 4 quarters it ranged from 34.3% (Q3 2026) to 40.1% (Q2 2025).

Q3 2026 results → · How MGP Ingredients makes money →