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Screener / SEC EDGAR /CIK 0000040704 /10-K filed Jul 1, 2026, compared with Jun 26, 2025 /Numbers from the XBRL of the 10-Ks
NYSE Consumer staples · Packaged Foods

General Mills GIS

GIS quote by TradingView

For 160 years, General Mills has been making food the world loves. 10-K, Item 1

Employees
30,000
Headquarters
Minneapolis, MN
CEO
Jeffrey L. Harmening
Next results
around Dec 16, 2026
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $19.5B through the costs to a net profit of $2.3B · income statement of the 10-K

17% operating margin
Revenue to Gross profit: $6.7BRevenue to Cost of revenue: $12.8BGross profit to Operating profit: $3.3BGross profit to Operating expenses: $3.4BOperating profit to Net profit: $2.3BOperating profit to Tax & other: $1.0BOperating expenses to R&D: $256.6MOperating expenses to Sales, admin & other: $3.2B Revenue: $19.5B REVENUE $19.5B −2% Y/Y Gross profit: $6.7B · 35% margin GROSS PROFIT $6.7B 35% margin Cost of revenue: $12.8B · 65% of revenue COST OF REVENUE $12.8B 65% of revenue Operating profit: $3.3B · 17% margin OPERATING PROFIT $3.3B 17% margin · −4% Y/Y Operating expenses: $3.4B · 18% of revenue OPERATING EXPENSES $3.4B 18% of revenue Net profit: $2.3B · 12% margin NET PROFIT $2.3B 12% margin · −8% Y/Y Tax & other: $1.0B · 5% of revenue TAX & OTHER $1.0B 5% of revenue R&D: $256.6M · 1% of revenue R&D $256.6M 1% of revenue Sales, admin & other: $3.2B · 16% of revenue SALES, ADMIN & OTHER $3.2B 16% of revenue
Gross profit $6.7B 35% margin
Operating profit $3.3B 17% margin · −4% Y/Y
Net profit $2.3B 12% margin · −8% Y/Y
The full income statement, year by year

GIS among Consumer staples peers

Six ratios from the latest 10-K. Each corner is the share of 32 peers the company is above, not a score.

Compare
Revenue growth: -5.4%, above 6% of 32 peers (their median 2.2%) REVENUE GROWTH -5.4% · above 6% Gross margin: 33.6%, above 33% of 30 peers (their median 40.5%) GROSS MARGIN 33.6% · above 33% Operating margin: -1.1%, above 4% of 28 peers (their median 14.1%) OPERATING MARGIN -1.1% · above 4% Net margin: -4.9%, above 3% of 32 peers (their median 8.8%) NET MARGIN -4.9% · above 3% FCF margin: 8.5%, above 34% of 32 peers (their median 10.7%) FCF MARGIN 8.5% · above 34% Return on capital: -0.1%, above 0% of 24 peers (their median 12.3%) RETURN ON CAPITAL -0.1% · above 0%
GIS Peer median Below the median

What changed

205 new risk paragraphs and 1 accounting fact worth reading about. 10-K filed Jul 1, 2026 against Jun 26, 2025.

Risk factors
205 new paragraphs, nothing like them in the previous 10-K
10-K Item 1A
Critical audit matters changed
New this year: May 31, 2026, were $14,122.4 million and $6,472.2 million, respectively. The impairment tests for these assets, which are. Same as last year: Valuation of goodwill and brand intangible assets; As discussed in Note 6 to the consolidated financial statements, the goodwill and brand intangible asset balances as of
10-K · XBRL
Accounting checks
10 other checks clear, 1 worth a look
10-K · XBRL
Insiders
No open-market buys in the last 90 days
Form 4
Filings
0 in the last 30 days
EDGAR

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

1fact worth reading about the other 10 checks found nothing to note

  • Critical audit matters changed
    New this year: May 31, 2026, were $14,122.4 million and $6,472.2 million, respectively. The impairment tests for these assets, which are. Same as last year: Valuation of goodwill and brand intangible assets; As discussed in Note 6 to the consolidated financial statements, the goodwill and brand intangible asset balances as of
  • Receivables -8.3% vs revenue -5.4% (-2.9 pts)
9 more checks with nothing to note
  • Cash from operations $2.2B vs net income −$87.6M (FY ending May 31, 2026)
  • Inventory +0.4% vs revenue -5.4% (+5.8 pts)
  • Same auditor in both 10-Ks: KPMG
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

205 paragraphs in Risk Factors that were not in the 10-K filed Jun 26, 2025. Quoted as filed.

All 205 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Jun 26, 2025 10-K, ITEM 1A
    Our business is subject to various risks and uncertainties. Any of the risks described below could materially, adversely affect our The categories in which we participate are very competitive, and if we are not able to compete effectively, our results of The human and pet food categories in which we participate are very competitive. Our…
  2. Item 1A · new paragraph · not in the 10-K filed Jun 26, 2025 10-K, ITEM 1A
    Price changes for the commodities we depend on for raw materials, packaging, and energy may adversely affect our The principal raw materials that we use are commodities that experience price volatility caused by external conditions such as weather, climate change, product scarcity, limited sources of supply, commodity market…
  3. Item 1A · new paragraph · not in the 10-K filed Jun 26, 2025 10-K, ITEM 1A
    Our ability to make, move, and sell products is critical to our success. Damage or disruption to raw material supplies or our manufacturing or distribution capabilities due to weather, climate change, natural disaster, fire, terrorism, cyber-attack, pandemics, war, governmental restrictions or mandates, labor shortages, strikes,…
  4. Item 1A · new paragraph · not in the 10-K filed Jun 26, 2025 10-K, ITEM 1A
    Our business operations could be disrupted if our information technology systems fail to perform adequately or are breached. Information technology serves an important role in the efficient and effective operation of our business. We rely on information technology networks and systems, including the internet, to process, transmit, and…

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2023FY2024FY2025FY2026
Revenue$20.1B$19.9B$19.5B$18.4B
Net income$2.6B$2.5B$2.3B−$87.6M
Operating cash flow$2.8B$3.3B$2.9B$2.2B
Free cash flow$2.1B$2.5B$2.3B$1.6B

Revenue, FY2017 to FY2026

Ten fiscal years, each from its own 10-K · XBRL · USD

$18.4B ▼ 5.4% in FY2026

FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Every number, year by year

Recent filings

No new filings in the last 30 days · SEC EDGAR

All filings

Nothing new. The most recent filings:

About the company

General Mills, Minneapolis, MN · from the 10-K filed Jul 1, 2026

For 160 years, General Mills has been making food the world loves. We are a leading global manufacturer and marketer of branded consumer foods with more than 100 brands in 100 countries across six continents. In addition to our consolidated operations, we have 50 percent interests in two strategic joint ventures that manufacture and market food products sold in approximately 120 countries We manage and review the financial results of our business under four operating segments: North America Retail; International; North

Headquarters
Minneapolis, MN
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
May 30
Last results
Sep 23, 2026
Incorporated in
DE

Employees, at the top of the page: "of May 31, 2026, we had approximately 30,000 employees around the globe, with approximately 15,000 in the U" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Jul 1, 2026 (open at SEC), compared with the 10-K filed Jun 26, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/GIS/export.csv") into a cell.