General Mills (GIS) Operating Expenses (2009 - 2026)
General Mills (GIS) posted Operating Expenses of $3.7 billion for Q2 2026, up 341.43% sequentially from $837.3 million in Q1 2026, and up 281.04% YoY from $970.0 million in Q2 2025.
General Mills (GIS) Operating Expenses (2009 - 2026) Analysis & Trends
General Mills has reported Operating Expenses for 18 years, with the latest figure at $3.7 billion in Q2 2026.
- Quarterly Operating Expenses rose 281.04% year-over-year to $3.7 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $6.4 billion (up 80.45% YoY) and the FY2026 annual result came in at $6.4 billion, up 80.45% from the prior year.
- Operating Expenses improved to $3.7 billion in Q2 2026 per GIS's latest filing, from $837.3 million in the prior quarter.
- Over five years, Operating Expenses peaked at $3.7 billion in Q2 2026 and troughed at $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.
- The sharpest annual moves came in 2022 and 2026: Operating Expenses declined 20.75% in 2022, then soared 281.04% in 2026.
- Over 5 years, Operating Expenses stood at $905.3 million in 2022, then rose by 5.39% to $954.1 million in 2023, then retreated by 10.58% to $853.2 million in 2024, then grew by 13.05% to $964.5 million in 2025, then surged by 283.21% to $3.7 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $3.7 billion, $837.3 million, and $964.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.34 Bn | 27.66 Bn | 2.03 Bn | 8.46 Bn |
| 2 | General Mills | 21.28 Bn | 20.82 Bn | 1.60 Bn | 3.70 Bn |
| 3 | Mccormick | 14.98 Bn | 14.64 Bn | 778.20 Mn | 441.80 Mn |
| 4 | Jbs | 14.42 Bn | 10.96 Bn | 4.91 Bn | 3.83 Bn |
| 5 | Hormel Foods | 13.22 Bn | 12.36 Bn | 518.51 Mn | 318.62 Mn |
| 6 | J M Smucker | 13.17 Bn | 13.11 Bn | 862.10 Mn | 362.30 Mn |
| 7 | Magnum Ice Cream | 12.14 Bn | 11.42 Bn | - | - |
| 8 | Darling Ingredients | 10.70 Bn | 10.54 Bn | 503.37 Mn | 1.52 Bn |
| 9 | Smithfield Foods | 8.75 Bn | 7.40 Bn | 478.00 Mn | 191.00 Mn |
| 10 | Conagra Brands | 7.72 Bn | 7.50 Bn | 704.10 Mn | 401.10 Mn |
Historic Data
Download 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 |