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MGP Ingredients (MGPI) operating margin by quarter

MGP Ingredients' operating margin was 10.2% in Q3 2026 (third quarter 2026), -4.0 pts from Q2 2026. Over the last 4 quarters it ranged from 10.2% (Q3 2026) to 16.1% (Q3 2025).

MGP Ingredients operating margin by quarterMGP Ingredients operating margin by quarter14.0%Q2 202516.1%Q3 202514.2%Q2 202610.2%Q3 2026
QuarterOperating marginQ/QY/Y
Q3 202610.2%-4.0 pts-5.9 pts
Q2 202614.2%-1.9 pts+0.2 pts
Q3 202516.1%+2.1 pts—
Q2 202514.0%——

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' operating margin?

MGP Ingredients' operating margin was 10.2% in Q3 2026 (third quarter 2026), -4.0 pts from Q2 2026.

How has MGP Ingredients' operating margin changed?

Over the last 4 quarters it ranged from 10.2% (Q3 2026) to 16.1% (Q3 2025).

Q3 2026 results → · How MGP Ingredients makes money →