---
schema_version: "secwatch.filing_event.v1"
accession: "0000835011-26-000029"
form_type: "8-K"
ticker: "MGPI"
cik: "0000835011"
company_name: "MGP INGREDIENTS INC"
filed_at: "2026-02-25T23:59:59+00:00"
generated_at: "2026-05-16T00:34:28.049232+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MGP Ingredients Q4 net loss $134.6M includes $152.6M impairment; FY sales -24%

## Summary
- Q4 net loss of $134.6M, includes $152.6M non-cash goodwill/intangibles impairment (Branded Spirits).
- Full-year sales $536.4M (-24% YoY); adj. net income $61.5M (-51%); adj. EPS $2.85 (-49%).
- Distilling Solutions Q4 sales down 47% (brown goods -53%); Ingredient Solutions down 10% (equipment outage).
- Branded Spirits premium plus portfolio grew 10% in Q4 offsetting mid/value declines; segment sales -1%.
- 2026 guidance: sales $480-500M, adj. EBITDA $90-98M, adj. EPS $1.50-$1.80, capex ~$20M.

## SEC filing metadata
- accession: 0000835011-26-000029
- form_type: 8-K
- ticker: MGPI
- cik: 0000835011
- company_name: MGP INGREDIENTS INC
- filed_at: 2026-02-25T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/835011/000083501126000029/0000835011-26-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/835011/000083501126000029/mgpi-20260225.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000835011-26-000029
- JSON: https://secwatch.observer/filing/0000835011-26-000029.json
- Plain text: https://secwatch.observer/filing/0000835011-26-000029.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.