Friday 6 November 2026
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General Mills, Inc.
GIS Consumer Defensive Packaged Foods
General Mills, Inc.’s revenue for fiscal 2026 (year ended May 2026) was $18.4 billion, down 5.45% from fiscal 2025.
- Revenue
- −2.83%
- EPS
- −66.7%
- Free cash flow
- −28.6%
- Total debt
- −6.75%
Quarter to August 2026, against a year earlier
36.36
0.51
+1.42%
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General Mills, Inc. (GIS) revenue by segment, product and region
Where the money comes from and where it goes
| North America Retail | 10,572 | 57.38% |
|---|---|---|
| International | 3,044 | 16.52% |
| North America Pet | 2,613 | 14.18% |
| North America Foodservice | 2,170 | 11.78% |
| Gross margin | 33.63% | |
| Operating margin | 4.81% | |
| Pre-tax margin | 2.20% |
Revenue by product or service $m
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Snacks | 4,139 22.46% | 4,187 21.49% | 4,327 21.79% | 4,432 22.05% | 3,961 20.85% | 3,574 19.72% | 3,530 20.02% | 3,487 20.68% | 3,549 22.55% | 3,302 21.14% |
| Cereal | 3,090 16.77% | 3,079 15.80% | 3,188 16.05% | 3,210 15.97% | 2,998 15.79% | 2,869 15.83% | 2,874 16.31% | 2,673 15.85% | 2,680 17.02% | 2,673 17.11% |
| Convenient meals | 2,871 15.58% | 2,816 14.45% | 2,907 14.64% | 2,962 14.74% | 2,989 15.73% | 3,030 16.72% | 2,814 15.97% | 2,539 15.05% | 2,573 16.34% | 2,654 16.99% |
| Pet | 2,766 15.01% | 2,586 13.27% | 2,383 12.00% | 2,476 12.32% | 2,260 11.90% | 1,732 9.56% | 1,695 9.61% | 813 4.82% | 0 0.00% | 0 0.00% |
| Dough | 2,396 13.00% | 2,384 12.24% | 2,424 12.21% | 2,391 11.90% | 1,986 10.46% | 1,866 10.29% | 1,801 10.22% | 1,662 9.85% | 1,653 10.50% | 1,691 10.82% |
| Baking mixes and ingredients | 1,926 10.45% | 1,940 9.96% | 1,996 10.05% | 2,037 10.14% | 1,844 9.71% | 1,696 9.35% | 1,674 9.50% | 1,664 9.86% | 1,710 10.86% | 1,654 10.59% |
| Super-premium ice cream | 783 4.25% | 722 3.70% | 729 3.67% | 704 3.50% | 782 4.12% | 820 4.52% | 718 4.07% | 813 4.82% | 803 5.10% | 738 4.73% |
| Other | 352 1.91% | 381 1.96% | 422 2.13% | 411 2.05% | 458 2.41% | 465 2.57% | 464 2.63% | 484 2.87% | 537 3.41% | 504 3.23% |
| Yogurt | 102 0.55% | 1,392 7.14% | 1,483 7.47% | 1,473 7.33% | 1,715 9.03% | 2,075 11.45% | 2,057 11.67% | 2,113 12.53% | 2,235 14.20% | 2,404 15.39% |
| Other, not broken out | — | — | — | — | — | — | — | 618 3.67% | — | — |
| Revenue | 18,425 | 19,487 | 19,857 | 20,094 | 18,993 | 18,127 | 17,627 | 16,865 | 15,740 | 15,620 |
Revenue by segment $m
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| International | 3,044 16.52% | 2,798 14.36% | 2,747 13.83% | 2,770 13.78% | 3,316 17.46% | 3,657 20.17% | 3,365 19.09% | — | — | — |
| North America Pet | 2,613 14.18% | 2,471 12.68% | 2,376 11.96% | 2,473 12.31% | 2,259 11.90% | 1,732 9.56% | 1,695 9.61% | 1,431 8.48% | 0 0.00% | — |
| North America Foodservice | 2,170 11.78% | 2,301 11.81% | 2,259 11.37% | 2,192 10.91% | 1,846 9.72% | 1,488 8.21% | 1,589 9.01% | 1,969 11.68% | 1,930 12.26% | 1,870 11.97% |
| U.S. Meals & Baking Solutions | — | — | — | 4,426 22.03% | 4,024 21.19% | 4,042 22.30% | 3,869 21.95% | 3,840 22.77% | 3,866 24.56% | 3,877 24.82% |
| U.S. Morning Foods | — | — | — | 3,620 18.02% | 3,371 17.75% | 3,314 18.28% | 3,292 18.68% | 2,255 13.37% | 2,252 14.31% | 2,252 14.42% |
| U.S. Snacks | — | — | — | 3,611 17.97% | 3,191 16.80% | 2,941 16.22% | 2,920 16.56% | 2,061 12.22% | 2,141 13.60% | 2,098 13.43% |
| Canada | — | — | — | 1,003 4.99% | 986 5.19% | 953 5.26% | 897 5.09% | 862 5.11% | 930 5.91% | 906 5.80% |
| Corporate and Other | — | — | — | — | 0 0.00% | — | — | — | — | — |
| Europe and Australia | — | — | — | — | — | — | — | 1,887 11.19% | 1,985 12.61% | 1,825 11.68% |
| Asia and Latin America | — | — | — | — | — | — | — | 1,653 9.80% | 1,710 10.87% | 1,728 11.07% |
| United States Yogurt and Other Operating Unit | — | — | — | — | — | — | — | 907 5.38% | 927 5.89% | 1,064 6.81% |
| North America Retail | — | — | — | 12,660 | 11,572 | 11,250 | 10,978 | 9,925 | 10,115 | 10,197 |
| Revenue | 18,425 | 19,487 | 19,857 | 20,094 | 18,993 | 18,127 | 17,627 | 16,865 | 15,740 | 15,620 |
Operating income by segment $m, and margin
Revenue by region $m
| Line | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| United States | 14,705 79.81% | 15,780 80.98% | 16,062 80.89% | 16,322 81.23% | 14,691 77.35% | 13,497 74.46% | 13,365 75.82% | 12,463 73.90% | 11,116 70.62% | 11,161 71.45% |
| Non-United States | 3,720 20.19% | 3,706 19.02% | 3,795 19.11% | 3,772 18.77% | 4,302 22.65% | 4,630 25.54% | 4,262 24.18% | 4,402 26.10% | 4,625 29.38% | 4,459 28.55% |
| Revenue | 18,425 | 19,487 | 19,857 | 20,094 | 18,993 | 18,127 | 17,627 | 16,865 | 15,740 | 15,620 |
Operating figures as reported in each quarter’s results release or filing
| Figure | Quarter | Latest | A year before | Change |
|---|---|---|---|---|
| Organic volume | Q1 FY2027 | −1.00% | — | — |
| Volume | Q1 FY2027 | −4.00% | −8.00% | — |