MGP Ingredients Inc 2026年季度报告

FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the quarterly period ended March 31, 2026or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934For the transition period from _________________________ to _________________________________ Commission File Number:0-17196 MGP INGREDIENTS, INC.(Exact name of registrant as specified in its charter) 45-4082531 (I.R.S. Employer Identification No.) 100 Commercial StreetAtchison, Kansas66002(Address of principal executive offices)(Zip Code) (913) 367-1480(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Title of each classTrading SymbolName of each exchange on which registeredCommon Stock, no par valueMGPINASDAQ Global Select Market Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☐No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company, or an emerging growth company.See the definitions of “large accelerated filer,” “accelerated filer,” “smallerreporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.☐Large accelerated filerAccelerated filer ☐Non-accelerated filer☐Smaller reporting company☐Emerging growth company Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).☐YesNo Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date:21,371,237 shares of Common Stock, no par value, as of April24, 2026 INDEX PART I.FINANCIAL INFORMATION Item 1.Financial Statements Condensed Consolidated Statements of Income (Loss) (Unaudited)Condensed Consolidated Statements of Comprehensive Income (Loss) (Unaudited)Condensed Consolidated Balance Sheets (Unaudited)Condensed Consolidated Statements of Cash Flows (Unaudited)Condensed Consolidated Statements of Changes in Stockholders’ Equity (Unaudited)Notes to Unaudited Condensed Consolidated Financial Statements Item 2.Management’s Discussion and Analysis of Financial Condition and Results of Operations20Item 3.Quantitative and Qualitative Disclosures About Market Risk28Item 4.Controls and Procedures28 PART II.OTHER INFORMATION Item 1.Legal Proceedings29Item 1A.Risk Factors29Item 2.Unregistered Sales of Equity Securities and Use of Proceeds29Item 3.Defaults Upon Senior Securities29Item 4.Mine Safety Disclosures29Item 5.Other Information29Item 6.Exhibits30 METHOD OF PRESENTATION Throughout this Quarterly Report on Form 10-Q (this “Report”), when we refer to the “Company,” “MGP,” “we,” “us,” “our,” andwords of similar import, we are referring to the combined business of MGP Ingredients, Inc. and its consolidated subsidiaries, exceptto the extent that the context otherwise indicates. In this Report, for any references to Note 1 through Note 10, refer to the Notes toUnaudited Condensed Consolidated Financial Statements in Item 1. All amounts in this Report, except for share, par values, bushels, gallons, pounds, mmbtu, proof gallons, 9-liter cases, per share, perbushel, per gallon, per proof gallon, per 9-liter case, and percentage amounts, are shown in thousands unless otherwise noted. PART I. FINANCIAL INFORMATION MGP INGREDIENTS, INC.CONDENSED CONSOLIDATED STATEMENTS OF INCOME (LOSS)(Unaudited)(Dollars in thousands, except share and per share amounts) MGP INGREDIENTS, INC.CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)(Unaudited)(Dollars in thousands) Quarter Ended March 31,20262025Net loss attributable to MGP Ingredients, Inc.$(134,804)$(3,024)Other comprehensive income (loss), net of tax:Unrealized gain (loss) on foreign currency translation adjustment(244)317Change in Company-sponsored post-employment benefit plan(21)(21)Other comprehensive income (loss)(265)296Comprehensive loss attributable to MGP Ingredients, Inc.(135,069)(2,728)Comprehensive loss attributable to noncontrolling interest(3)(33)Comprehensive loss$(135,072)$(2,761) (a)Dividends and dividend equivalents were $0.12 per common share, per restricted stock unit, and per performance stock unitfor the quarters ended March 31, 2026 and 2025. MGP INGREDIENTS, INC.NOTES TO UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Dollars