General Mills (GIS) Operating Expenses (2009 - 2026)
General Mills' (GIS) quarterly Operating Expenses came in at $3.7 billion in Q2 2026, up 281.04% year-over-year from $970.0 million in Q2 2025, and up 341.43% quarter-over-quarter from $837.3 million in Q1 2026.
Analysis
General Mills (GIS) Operating Expenses (2009 - 2026) Analysis & Trends
General Mills has disclosed Operating Expenses across 18 years of filings, most recently posting $3.7 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 281.04% year-over-year to $3.7 billion; the TTM figure through May 2026 stood at $6.4 billion (up 80.45% YoY), while the FY2026 annual figure was $6.4 billion, up 80.45% from the prior year.
- Operating Expenses came in at $3.7 billion for Q2 2026 at General Mills, up 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.
- Average Operating Expenses over 5 years is $1.0 billion, with a median of $859.4 million recorded in 2024.
- Year-over-year, Operating Expenses dropped 20.75% in 2022 and surged 281.04% in 2026.
- Over 5 years, Operating Expenses stood at $905.3 million in 2022, then grew by 5.39% to $954.1 million in 2023, then declined by 10.58% to $853.2 million in 2024, then advanced by 13.05% to $964.5 million in 2025, then soared by 283.21% to $3.7 billion in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.7 billion in Q2 2026, $837.3 million in Q1 2026, and $964.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 28.99 Bn | 26.31 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 19.37 Bn | 18.91 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 13.70 Bn | 13.37 Bn | 778.20 Mn | 441.80 Mn |
| 4 | J M Smucker | 13.04 Bn | 13.00 Bn | 979.60 Mn | 411.10 Mn |
| 5 | Hormel Foods | 11.43 Bn | 10.57 Bn | 471.52 Mn | 323.50 Mn |
| 6 | Chewy | 8.78 Bn | 8.26 Bn | 1.01 Bn | 882.90 Mn |
| 7 | Conagra Brands | 7.05 Bn | 6.84 Bn | 704.10 Mn | 401.10 Mn |
| 8 | Lamb Weston Holdings | 6.60 Bn | 6.53 Bn | 361.40 Mn | 192.60 Mn |
| 9 | Campbell'S | 6.23 Bn | 5.83 Bn | 650.00 Mn | 2.13 Bn |
| 10 | Post Holdings | 3.61 Bn | 3.34 Bn | 566.30 Mn | 326.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |