General Mills

GIS · Consumer Staples · Market cap $19.3B

Q3 FY26 Nov 24, 2025 – Feb 22, 2026 reported Mar 18, 2026

Revenue$4.4B −8% year over year

Gross profit$1.4B

Operating profit$0.5B

Net profit$0.3B 7% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Feb 22, 2026).
Item	Value	Share of revenue	Year over year
Revenue	4.4	100%	−8%
Snacks	1	23%	−3%
Cereal	0.8	18%	+0%
Convenient Meals	0.7	16%	−3%
Pet	0.7	16%	+4%
Dough	0.6	14%	−4%
Baking Mixes and Ingredients	0.5	11%	+2%
Super Premium Ice Cream	0.1	2%	+7%
Other Product	0.1	2%	−34%
Cost of revenue	−3.1	70%
Gross profit	1.4	31% margin	−3pp
SG&A	−0.8	18%	+1pp
Other	−0	1%	+0pp
Operating profit	0.5	12% margin	−7pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0.3	7%	−6pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Nov 23, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.9	100%	−7%
Snacks	1	20%	−4%
Convenient Meals	0.8	16%	+4%
Cereal	0.8	16%	−5%
Dough	0.7	14%	+0%
Pet	0.7	14%	+12%
Baking Mixes and Ingredients	0.6	12%	−4%
Super Premium Ice Cream	0.2	4%	+7%
Other Product	0.1	2%	−23%
Cost of revenue	−3.2	65%
Gross profit	1.7	35% margin	−2pp
SG&A	−0.8	17%	+1pp
Other	−0.1	3%	+0pp
Operating profit	0.7	15% margin	−6pp
Tax	−0.1
Interest & other costs	−0.2
Net profit	0.4	8%	−7pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Feb 23, 2025).
Item	Value	Share of revenue	Year over year
Revenue	4.8	100%	−5%
Snacks	1	21%	−5%
Cereal	0.8	17%	−10%
Convenient Meals	0.8	17%	−10%
Pet Segment	0.7	15%	+4%
Dough	0.6	12%	+7%
Baking Mixes and Ingredients	0.5	10%	−8%
Yogurt	0.3	6%	−9%
Other	0.2	4%
Cost of revenue	−3.2	67%
Gross profit	1.6	34% margin	+0pp
SG&A	−0.7	17%	+2pp
Operating profit	0.9	18% margin	+1pp
Tax	−0.2
Interest & other costs	−0.1
Net profit	0.6	13%	+0pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Nov 24, 2024).
Item	Value	Share of revenue	Year over year
Revenue	5.2	100%	+2%
Snacks	1.1	21%	+2%
Cereal	0.8	15%	+7%
Convenient Meals	0.8	15%	+1%
Dough	0.7	13%	−7%
Pet Segment	0.6	12%	+9%
Baking Mixes and Ingredients	0.6	12%	+3%
Yogurt	0.4	8%	+4%
Other	0.3	6%
Cost of revenue	−3.3	63%
Gross profit	1.9	37% margin	+2pp
SG&A	−0.9	16%	+0pp
Operating profit	1.1	21% margin	+5pp
Tax	−0.2
Interest & other costs	−0.1
Net profit	0.8	15%	+4pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Nov 24, 2025 – Feb 22, 2026	Mar 18, 2026	$4.4B	−8%	11%	$0.3B	7%
Q2 FY26	Aug 25 – Nov 23, 2025	Dec 17, 2025	$4.9B	−7%	14%	$0.4B	8%
Q3 FY25	Nov 25, 2024 – Feb 23, 2025	Mar 19, 2025	$4.8B	−5%	19%	$0.6B	13%
Q2 FY25	Aug 26 – Nov 24, 2024	Dec 18, 2024	$5.2B	+2%	21%	$0.8B	15%