Discontinued — last reported Q3 '26
Operating Income
General Mills Operating Income decreased by 27.9% to $524.60M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 41.1%, from $891.40M to $524.60M. Over 4 years (FY 2021 to FY 2025), Operating Income shows relatively stable performance with a 1.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $547.90M | $844.30M | $800.10M | $815.30M | $1.02B | $1.09B | $799.80M | $730.20M | $818.20M | $930.00M | $811.80M | $910.70M | $779.20M | $831.50M | $1.08B | $891.40M | $504.00M | $1.73B | $728.00M | $524.60M |
| QoQ Change | — | +54.1% | -5.2% | +1.9% | +24.6% | +6.8% | -26.3% | -8.7% | +12.1% | +13.7% | -12.7% | +12.2% | -14.4% | +6.7% | +29.6% | -17.3% | -43.5% | +242.4% | -57.8% | -27.9% |
| YoY Change | — | — | — | — | +85.5% | +28.6% | -0.0% | -10.4% | -19.5% | -14.3% | +1.5% | +24.7% | -4.8% | -10.6% | +32.8% | -2.1% | -35.3% | +107.6% | -32.5% | -41.1% |
Business Segments
| Segment | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|
| North America Retail | $670.10M | $745.70M | $862.30M | $648.10M | $473.80M | $564.20M | $682.30M | $436.10M |
| North America Pet | — | — | — | — | $140.10M | $112.90M | $123.10M | $102.80M |
| North America Foodservice | $79.20M | $71.50M | $118.50M | $82.30M | $83.10M | $70.60M | $104.80M | $56.30M |
| International | — | $20.90M | $23.80M | $18.00M | — | — | $28.40M | $33.60M |
| Total | $779.20M | $831.50M | $1.08B | $891.40M | $504.00M | $1.73B | $728.00M | $524.60M |
Operating Income at Other Companies
Frequently Asked Questions
- What is General Mills's operating income?
- General Mills (GIS) reported operating income of $524.60M in Q4 2025.
- How has General Mills's operating income changed year-over-year?
- General Mills's operating income decreased by 41.1% year-over-year, from $891.40M to $524.60M.
- What is the long-term trend for General Mills's operating income?
- Over 4 years (2021 to 2025), General Mills's operating income has grown at a 1.2% compound annual growth rate (CAGR), from $3.14B to $3.30B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.