Filing Flows › General Mills (GIS) › Q4 FY26 › vs Q3 FY26
General Mills (GIS) Q4 FY26 vs Q3 FY26 (quarter over quarter)
General Mills's revenue rose $173M (+4%) from $4.4B in Q3 FY26 to $4.6B in Q4 FY26. The biggest changes: Snacks +$146M (+15%); Super-premium ice cream +$90.1M (+61%); Dough −$77.2M (-12%).
General Mills, Q4 FY26: revenue $4.6B (+1% year over year), operating margin -45.4%, net loss $2.0B, operating cash flow $552M. The chart draws each line against Q3 FY26, the increases inside each band.
Margins
| Q4 FY26 | Q3 FY26 | Change | |
|---|---|---|---|
| Free cash flow margin | 8.0% | 6.7% | +1.3 pts |
Every line
| Line | Q4 FY26 | Q3 FY26 | Change | % |
|---|---|---|---|---|
| Snacks | $1.1B | $963M | $146M | +15% |
| Cereal | $769M | $763M | $5.9M | +0.8% |
| Pet | $747M | $678M | $68.5M | +10% |
| Convenient meals | $663M | $730M | −$67.5M | -9% |
| Dough | $541M | $619M | −$77.2M | -12% |
| Baking mixes and ingredients | $446M | $476M | −$30.1M | -6% |
| Super-premium ice cream | $238M | $148M | $90.1M | +61% |
| Other | $98.1M | $60.6M | $37.5M | +62% |
| Revenue | $4.6B | $4.4B | $173M | +4% |
| Income tax benefit | $240M | −$99.9M | $340M | — |
| Net loss | $2.0B | −$306M | $2.3B | — |
| Costs & expenses | $6.9B | $4.4B | $2.4B | +55% |
| Operating costs | $6.7B | $3.9B | $2.8B | +71% |
| Interest & other, net | $157M | $119M | $37.7M | +32% |
| Cost of revenue | $3.0B | $3.1B | −$63.7M | -2% |
| SG&A | $888M | $813M | $75.2M | +9% |
| Other operating costs | $2.8B | $29.4M | $2.8B | 96× |
| Operating cash sources | $2.6B | $92.4M | $2.5B | 28× |
| Depreciation & amortization | $139M | $139M | −$300K | -0.2% |
| Share-based compensation | $13.8M | $26.3M | −$12.5M | -48% |
| Working capital & other | $2.4B | −$73.3M | $2.5B | — |
| Net loss absorbed | $2.0B | −$306M | $2.3B | — |
| Operating cash flow | $552M | $398M | $154M | +39% |
| Free cash flow (OCF − capex) | $368M | $296M | $72.1M | +24% |
| Capital expenditures | $184M | $102M | $82.0M | +80% |
Questions
How much did General Mills's revenue grow quarter over quarter in Q4 FY26?
General Mills's revenue rose $173M (+4%) from $4.4B in Q3 FY26 to $4.6B in Q4 FY26.
What drove General Mills's revenue change in Q4 FY26?
Snacks +$146M (+15%); Super-premium ice cream +$90.1M (+61%); Dough −$77.2M (-12%).