General Mills (GIS) Net Income (2009 - 2026)
General Mills (GIS) reported Net Income of -$2.0 billion for Q2 2026, down 746.59% on a YoY basis from $308.0 million in Q2 2025, and down 739.12% sequentially from $311.6 million in Q1 2026.
General Mills (GIS) Net Income (2009 - 2026) Analysis & Trends
General Mills (GIS) has 18 years of Net Income data on file, last reported at -$2.0 billion in Q2 2026.
- For the quarter ending Q2 2026, Net Income fell 746.59% year-over-year to -$2.0 billion; the trailing twelve-month figure through May 2026 stood at -$8.8 million (down 100.39% YoY), and the FY2026 full-year result was -$8.8 million, down 100.39% from the prior year.
- Net Income retreated to -$2.0 billion in Q2 2026, from $311.6 million in the prior quarter.
- In the past five years, Net Income ranged from a high of $1.2 billion in Q3 2025 to a low of -$2.0 billion in Q2 2026.
- A 5-year average of $480.7 million and a median of $589.8 million in 2022 frame the typical range for Net Income.
- Across the five-year window, Net Income surged 116.87% in 2022 and sank 746.59% in 2026, its largest moves.
- Tracing GIS's Net Income over 5 years: stood at $582.9 million in 2022, then dropped by 0.82% to $578.1 million in 2023, then soared by 33.59% to $772.3 million in 2024, then plunged by 38.64% to $473.9 million in 2025, then tumbled by 520.24% to -$2.0 billion in 2026.
- Business Quant data shows GIS's Net Income at -$2.0 billion in Q2 2026, $311.6 million in Q1 2026, and $473.9 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 799.00 Mn |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | -1.99 Bn |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 157.38 Mn |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 156.70 Mn |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 251.00 Mn |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 137.06 Mn |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | -1.14 Bn |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 107.40 Mn |
| 10 | Pilgrims Pride | 6.64 Bn | 6.11 Bn | 345.49 Mn | 101.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -1.99 Bn |
| Feb 22, 2026 | 311.60 Mn |
| Nov 23, 2025 | 473.90 Mn |
| Aug 24, 2025 | 1.20 Bn |
| May 25, 2025 | 308.00 Mn |
| Feb 23, 2025 | 616.60 Mn |
| Nov 24, 2024 | 772.30 Mn |
| Aug 25, 2024 | 564.40 Mn |
| May 26, 2024 | 540.60 Mn |
| Feb 25, 2024 | 658.30 Mn |
| Nov 26, 2023 | 578.10 Mn |
| Aug 27, 2023 | 656.80 Mn |
| May 28, 2023 | 596.70 Mn |
| Feb 26, 2023 | 545.20 Mn |
| Nov 27, 2022 | 582.90 Mn |
| Aug 28, 2022 | 803.50 Mn |
| May 29, 2022 | 806.10 Mn |
| Feb 27, 2022 | 632.70 Mn |
| Nov 28, 2021 | 575.40 Mn |
| Aug 29, 2021 | 609.10 Mn |