General Mills, Inc. (GIS) Financial Statements
General Mills financial statements at a glance
General Mills reported revenue of $18.42 billion for fiscal year 2026 (ended May 31, 2026), down 5.4% from fiscal year 2025. Net income was -$87.60 million, a net margin of 0.5% loss, and diluted earnings per share were -$0.16.
At the end of fiscal year 2026 it had total assets of $30.02 billion, total liabilities of $22.64 billion and shareholders' equity of $7.37 billion, with cash and short-term investments of $453.80 million and total debt of $13.94 billion.
Its operations brought in $2.17 billion of cash; capital spending was $539.90 million, leaving free cash flow of $1.63 billion.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended May 31, 2026.
General Mills, Inc.
Income Statement
Annual • USD
General Mills key figures by fiscal year
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | $18.4B | $19.5B | $19.9B | $20.1B | $19.0B |
| Gross profit | $6.2B | $6.7B | $7.0B | $6.6B | $6.4B |
| Operating income | $2.8B | $3.3B | $3.4B | $3.4B | $3.3B |
| Net income | -$87.6M | $2.3B | $2.5B | $2.6B | $2.7B |
| Diluted EPS | -$0.16 | – | – | – | $4.42 |
| Total assets | $30.0B | $33.1B | $31.5B | $31.5B | $31.1B |
| Total liabilities | $22.6B | $23.9B | $22.1B | $21.0B | $20.3B |
| Shareholders' equity | $7.4B | $9.2B | $9.4B | $10.4B | $10.5B |
| Cash and short-term investments | $453.8M | – | – | – | $819.2M |
| Total debt | $13.9B | $14.9B | $12.9B | $11.7B | $12.0B |
| Operating cash flow | $2.2B | $2.9B | $3.3B | $2.8B | $3.3B |
| Capital spending | $539.9M | – | – | – | $568.7M |
| Free cash flow | $1.6B | – | – | – | $2.7B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2021.
Questions and answers
What was General Mills's revenue in fiscal year 2026?
$18.42 billion, down 5.4% from $19.49 billion in fiscal year 2025.
How much profit does General Mills make?
General Mills reported net income of -$87.60 million for fiscal year 2026 (0.5% of revenue); operating income was $2.81 billion.
How much cash and debt does General Mills have?
At the end of fiscal year 2026: cash and short-term investments of $453.80 million and total debt of $13.94 billion.
What is General Mills's free cash flow?
$1.63 billion in fiscal year 2026 (operating cash flow of $2.17 billion minus capital spending of $539.90 million).
