General Mills (GIS) financials
General Mills revenue and earnings by year
General Mills's revenue was $18.4 billion in the fiscal year to May 31, 2026, down 5.4% from the year before. Net income was -$87.6 million, -0.5% of revenue. Since the fiscal year to May 28, 2017, revenue has grown 1.9% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | May 2026 | May 2025 | May 2024 | May 2023 | May 2022 | May 2021 | May 2020 | May 2019 | May 2018 | May 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 18.4 | 19.5 | 19.9 | 20.1 | 19.0 | 18.1 | 17.6 | 16.9 | 15.7 | 15.6 |
| Revenue growth | -5.4% | -1.9% | -1.2% | 5.8% | 4.8% | 2.8% | 4.5% | 7.1% | 0.8% | — |
| Gross profit | 6.2 | 6.7 | 6.9 | 6.5 | 6.4 | 6.4 | 6.1 | 5.8 | 5.4 | 5.6 |
| Gross margin | 33.6% | 34.6% | 34.9% | 32.6% | 33.7% | 35.6% | 34.8% | 34.1% | 34.5% | 35.6% |
| Operating income | 0.9 | 3.3 | 3.4 | 3.4 | 3.5 | 3.3 | 3.0 | 2.5 | 2.4 | 2.5 |
| Operating margin | 4.8% | 17.0% | 17.3% | 17.1% | 18.3% | 17.9% | 16.8% | 15.1% | 15.4% | 16.0% |
| Net income | -0.1 | 2.3 | 2.5 | 2.6 | 2.7 | 2.3 | 2.2 | 1.8 | 2.1 | 1.7 |
| Net margin | -0.5% | 11.8% | 12.6% | 12.9% | 14.3% | 12.9% | 12.4% | 10.4% | 13.5% | 10.6% |
| Diluted EPS | -$0.18 | $4.10 | $4.31 | $4.31 | $4.43 | $3.78 | $3.56 | $2.90 | $3.64 | $2.77 |
| Free cash flow | 1.6 | 2.3 | 2.5 | 2.1 | 2.8 | 2.5 | 3.2 | 2.3 | 2.2 | 1.7 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open GIS in Markets.
How General Mills makes money
Revenue by segment in the quarter to August 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Snacks | $1.03B | 23.5% |
| Cereal | $756M | 17.2% |
| Pet | $651M | 14.8% |
| Convenient Meals | $647M | 14.7% |
| Dough | $516M | 11.8% |
| Baking Mixes & Ingredients | $469M | 10.7% |
| Super Premium Ice Cream | $232M | 5.3% |
| Other Product | $86.5M | 2.0% |
See also: GIS valuation and P/E history · GIS returns
No forecast, no recommendation. This page describes General Mills from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.