General Mills (GIS) Operating Expenses (2009 - 2026)

General Mills (GIS) reported Operating Expenses of $3.7 billion for Q2 2026, up 281.04% on a YoY basis from $970.0 million in Q2 2025, and up 341.43% sequentially from $837.3 million in Q1 2026.

General Mills (GIS) Operating Expenses (2009 - 2026) Analysis & Trends

General Mills (GIS) has 18 years of Operating Expenses data on file, last reported at $3.7 billion in Q2 2026.

  • For the quarter ending Q2 2026, Operating Expenses rose 281.04% year-over-year to $3.7 billion; the trailing twelve-month figure through May 2026 stood at $6.4 billion (up 80.45% YoY), and the FY2026 full-year result was $6.4 billion, up 80.45% from the prior year.
  • Operating Expenses improved to $3.7 billion in Q2 2026, from $837.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $3.7 billion in Q2 2026 to a low of $758.5 million in Q1 2022.
  • A 5-year average of $1.0 billion and a median of $859.4 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses slipped 20.75% in 2022 and jumped 281.04% in 2026, its largest moves.
  • Tracing GIS's Operating Expenses over 5 years: stood at $905.3 million in 2022, then climbed by 5.39% to $954.1 million in 2023, then dropped by 10.58% to $853.2 million in 2024, then gained by 13.05% to $964.5 million in 2025, then surged by 283.21% to $3.7 billion in 2026.
  • Business Quant data shows GIS's Operating Expenses at $3.7 billion in Q2 2026, $837.3 million in Q1 2026, and $964.5 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Kraft Heinz 30.29 Bn 26.20 Bn 2.22 Bn 1.07 Bn
2 General Mills 19.35 Bn 18.90 Bn 1.60 Bn 3.70 Bn
3 Hormel Foods 13.90 Bn 13.04 Bn 518.51 Mn 318.62 Mn
4 Mccormick 13.45 Bn 13.12 Bn 778.20 Mn 441.80 Mn
5 Magnum Ice Cream 10.95 Bn 10.43 Bn - -
6 Smithfield Foods 10.34 Bn 8.95 Bn 511.00 Mn 180.00 Mn
7 Darling Ingredients 9.92 Bn 9.80 Bn 404.92 Mn 1.43 Bn
8 Oatly Group AB 8.23 Bn 8.23 Bn 76.34 Mn -88.35 Mn
9 Conagra Brands 7.07 Bn 6.85 Bn 704.10 Mn 401.10 Mn
10 Lamb Weston Holdings 6.87 Bn 6.81 Bn 331.60 Mn 205.00 Mn

Historic Data

Download Data
DateValue
May 31, 2026 3.70 Bn
Feb 22, 2026 837.30 Mn
Nov 23, 2025 964.50 Mn
Aug 24, 2025 861.40 Mn
May 25, 2025 970.00 Mn
Feb 23, 2025 843.60 Mn
Nov 24, 2024 853.20 Mn
Aug 25, 2024 857.30 Mn
May 26, 2024 909.10 Mn
Feb 25, 2024 796.70 Mn
Nov 26, 2023 954.10 Mn
Aug 27, 2023 840.50 Mn
May 28, 2023 910.00 Mn
Feb 26, 2023 948.30 Mn
Nov 27, 2022 905.30 Mn
Aug 28, 2022 793.00 Mn
May 29, 2022 777.80 Mn
Feb 27, 2022 758.50 Mn
Nov 28, 2021 831.10 Mn
Aug 29, 2021 753.10 Mn