Filing Flows › General Mills (GIS) › Q4 FY26
General Mills (GIS) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed Jul 1, 2026
General Mills (GIS) reported revenue of $4.6B for the fourth quarter fiscal 2026 (Q4 FY26), +1% from a year earlier and +4% from the quarter before. Operating margin was -45.4%, net loss $2.0B (43.6% of revenue).
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 follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $4.6B | +4% | +1% |
| Operating profit | −$2.1B | -499% | -515% |
| Net earnings | −$2.0B | -763% | -783% |
| Operating cash flow | $552M | +39% | -10% |
| Free cash flow | $368M | +24% | -6% |
What changed
Revenue was $4.6B in Q4 FY26, up 1% year over year and up 4% from the previous quarter. Snacks was the largest line at 24% of revenue.
Gross margin was 34.8%, up 2.4 points from Q4 FY25. Operating costs exceeded revenue by $2.1B, an operating margin of -45.4%. Operating expenses grew 281% against revenue growth of 1%. The fastest-growing cost line was Other operating costs (+3609%). The quarter ended with a net loss of $2.0B, after a profit of $0.31B the previous quarter.
Operating cash flow was $0.55B (down 10% year over year). Non-cash charges added back $0.14B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $2.4B. Capital expenditures of $0.18B left free cash flow of $0.37B.
Questions
What was General Mills' revenue in the fourth quarter fiscal 2026?
General Mills (GIS) reported revenue of $4.6B for the fourth quarter fiscal 2026 (Q4 FY26), +1% from a year earlier and +4% from the quarter before.
Was General Mills profitable in the fourth quarter fiscal 2026?
Operating loss was $2.1B (-45.4% of revenue) and net loss $2.0B.
Source: General Mills 10-K on SEC EDGAR.