General Mills Inc (GIS) Financial Statements
Industry: Grain Mill Products
In fiscal 2026, General Mills reported revenue of $18.42B, down 5.4% from $19.49B the year before. Net income was -$87.6M (a -0.5% net margin), or -$0.16 per diluted share. Gross margin was 33.6% and operating margin was 4.8%. Operating activities generated $2.17B of cash, leaving $1.63B of free cash flow. At fiscal year end, General Mills held $30.02B in total assets against $22.64B in total liabilities, including $453.8M of cash and equivalents.
Open the full interactive General Mills financials → Quarterly statements, key ratios, valuation history and price charts.
General Mills Key Stats
| Share Price | $31.83 |
|---|---|
| Market Cap | $17.12B |
| Revenue YoY Growth | -5.5% |
| 52-Week Range | $31.62 – $47.38 |
| Shares Outstanding | 537.4 million (basic, 2027 Q1) |
General Mills Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Revenue | $2.19B | $2.13B | $1.96B | $2.04B | $19.49B | $18.42B |
| Cost of Goods Sold | $11.68B | $12.59B | $13.55B | $12.93B | $12.75B | $12.23B |
| Gross Profit | -$9.49B | -$10.46B | -$11.59B | -$10.89B | $6.73B | $6.20B |
| Operating Income | $3.14B | $3.48B | $3.43B | $3.43B | $3.30B | $885.8M |
| Pre-Tax Income | $2.86B | $3.21B | $3.14B | $3.03B | $2.83B | $405.5M |
| Income Tax | $629.1M | $586.3M | $612.2M | $594.5M | $573.7M | $414.3M |
| Net Income | $2.34B | $2.71B | $2.59B | $2.50B | $2.30B | -$87.6M |
| Diluted EPS | $3.78 | $4.42 | $4.31 | $4.31 | $4.10 | -$0.16 |
General Mills Quarterly Results
| 2026 Q2 | 2026 Q3 | 2026 Q4 | 2027 Q1 | |
|---|---|---|---|---|
| Revenue | $4.86B | $4.44B | $4.61B | $4.39B |
| Net Income | $413.0M | $303.1M | -$2.01B | $397.0M |
| Diluted EPS | $0.78 | $0.56 | -$3.73 | $0.74 |
General Mills Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.51B | $569.4M | $585.5M | $418.0M | $363.9M | $453.8M |
| Current Assets | $5.75B | $5.09B | $5.18B | $4.58B | $5.28B | $4.62B |
| Total Assets | $31.84B | $31.09B | $31.45B | $31.47B | $33.07B | $30.02B |
| Current Liabilities | $8.27B | $8.02B | $7.54B | $7.03B | $7.86B | $6.77B |
| Total Long-Term Debt | $12.25B | $10.81B | $11.67B | $12.92B | $14.20B | $13.47B |
| Total Liabilities | $21.46B | $20.30B | $20.75B | $21.82B | $23.86B | $22.64B |
| Shareholders' Equity | $9.47B | $10.54B | $10.45B | $9.40B | $9.20B | $7.37B |
General Mills Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.98B | $3.32B | $2.78B | $3.30B | $2.92B | $2.17B |
| Cash From Investing | -$512.8M | -$1.69B | -$346.4M | -$1.20B | -$1.79B | $1.26B |
| Cash From Financing | -$2.72B | -$2.50B | -$2.40B | -$2.27B | -$1.18B | -$3.31B |
| Free Cash Flow | $2.45B | $2.75B | $2.09B | $2.53B | $2.29B | $1.63B |
| Dividends Paid | $1.25B | $1.24B | $1.29B | $1.36B | $1.34B | — |
Figures from General Mills' 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full General Mills financials page for every line item.
General Mills Company Profile
| Ticker | GIS |
|---|---|
| Exchange | NYSE |
| Industry | Grain Mill Products |
| Headquarters | Minneapolis, Minnesota |
| Incorporated in | Delaware |
| Fiscal Year End | May 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000040704 |
Frequently Asked Questions
What was General Mills' revenue in fiscal 2026?
General Mills (GIS) reported revenue of $18.42B for fiscal 2026.
What is General Mills' annual revenue history?
General Mills' annual revenue by fiscal year: 2021: $2.19B; 2022: $2.13B; 2023: $1.96B; 2024: $2.04B; 2025: $19.49B; 2026: $18.42B.
What was General Mills' net income in fiscal 2026?
General Mills reported net income of -$87.6M for fiscal 2026.
What was General Mills' earnings per share (EPS) in fiscal 2026?
General Mills' diluted EPS was -$0.16 for fiscal 2026 (adjusted for any later stock splits).
How much free cash flow did General Mills generate in fiscal 2026?
General Mills generated $1.63B of free cash flow in fiscal 2026.
What was General Mills' revenue last quarter?
In its most recent reported quarter (2027 Q1), General Mills reported revenue of $4.39B.
How much debt does General Mills have?
General Mills reported $13.47B of long-term debt, including the current portion, at the end of fiscal 2026.
How many shares of General Mills are outstanding?
General Mills reported a weighted average of 537.4 million basic shares outstanding in 2027 Q1.
What is General Mills' market cap?
Based on its latest closing price, General Mills (GIS) has a market capitalization of about $17.12B.
When does General Mills' fiscal year end?
General Mills' fiscal year end, as registered with the SEC, is May 30.
Where is General Mills headquartered?
General Mills lists its business address in Minneapolis, Minnesota in its SEC filings.