General Mills (GIS) Operating Income (2009 - 2026)
General Mills (GIS) reported Operating Income of -$2.1 billion for Q2 2026, down 515.2% on a YoY basis from $504.0 million in Q2 2025, and down 498.89% sequentially from $524.6 million in Q1 2026.
General Mills (GIS) Operating Income (2009 - 2026) Analysis & Trends
General Mills (GIS) has 18 years of Operating Income data on file, last reported at -$2.1 billion in Q2 2026.
- For the quarter ending Q2 2026, Operating Income fell 515.2% year-over-year to -$2.1 billion; the trailing twelve-month figure through May 2026 stood at $885.8 million (down 73.2% YoY), and the FY2026 full-year result was $885.8 million, down 73.2% from the prior year.
- Operating Income declined to -$2.1 billion in Q2 2026, from $524.6 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $1.7 billion in Q3 2025 to a low of -$2.1 billion in Q2 2026.
- A 5-year average of $716.0 million and a median of $816.8 million in 2022 frame the typical range for Operating Income.
- Across the five-year window, Operating Income jumped 107.55% in 2025 and plunged 515.2% in 2026, its largest moves.
- Tracing GIS's Operating Income over 5 years: stood at $799.8 million in 2022, then rose by 1.5% to $811.8 million in 2023, then soared by 32.78% to $1.1 billion in 2024, then plunged by 32.46% to $728.0 million in 2025, then plunged by 387.45% to -$2.1 billion in 2026.
- Business Quant data shows GIS's Operating Income at -$2.1 billion in Q2 2026, $524.6 million in Q1 2026, and $728.0 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.29 Bn | 26.20 Bn | 2.22 Bn | 1.15 Bn |
| 2 | General Mills | 19.35 Bn | 18.90 Bn | 1.60 Bn | -2.09 Bn |
| 3 | Hormel Foods | 13.90 Bn | 13.04 Bn | 518.51 Mn | 217.11 Mn |
| 4 | Mccormick | 13.45 Bn | 13.12 Bn | 778.20 Mn | 276.40 Mn |
| 5 | Magnum Ice Cream | 10.95 Bn | 10.43 Bn | - | - |
| 6 | Smithfield Foods | 10.34 Bn | 8.95 Bn | 511.00 Mn | 333.00 Mn |
| 7 | Darling Ingredients | 9.92 Bn | 9.80 Bn | 404.92 Mn | 226.77 Mn |
| 8 | Oatly Group AB | 8.23 Bn | 8.23 Bn | 76.34 Mn | -11.35 Mn |
| 9 | Conagra Brands | 7.07 Bn | 6.85 Bn | 704.10 Mn | -1.66 Bn |
| 10 | Lamb Weston Holdings | 6.87 Bn | 6.81 Bn | 331.60 Mn | 126.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | -2.09 Bn |
| Feb 22, 2026 | 524.60 Mn |
| Nov 23, 2025 | 728.00 Mn |
| Aug 24, 2025 | 1.73 Bn |
| May 25, 2025 | 504.00 Mn |
| Feb 23, 2025 | 891.40 Mn |
| Nov 24, 2024 | 1.08 Bn |
| Aug 25, 2024 | 831.50 Mn |
| May 26, 2024 | 779.20 Mn |
| Feb 25, 2024 | 910.70 Mn |
| Nov 26, 2023 | 811.80 Mn |
| Aug 27, 2023 | 930.00 Mn |
| May 28, 2023 | 818.20 Mn |
| Feb 26, 2023 | 730.20 Mn |
| Nov 27, 2022 | 799.80 Mn |
| Aug 28, 2022 | 1.09 Bn |
| May 29, 2022 | 1.02 Bn |
| Feb 27, 2022 | 815.30 Mn |
| Nov 28, 2021 | 800.10 Mn |
| Aug 29, 2021 | 844.30 Mn |