Other
R&D credit carryforward
General Mills R&D credit carryforward increased by 194.9% to $305.50M in Q1 2025 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityStable
First reportedQ4 2022
Last reportedQ4 2025Jun 26, 2025
How to read this metric
An increase reflects sustained investment in R&D, providing a future benefit that can lower the effective tax rate.
Detailed definition
This represents the value of research and development tax credits that have been earned but not yet utilized to offset t...
Peer comparison
High in innovation-heavy sectors; peers with aggressive R&D spending will typically show higher credit balances.
Metric ID:
other_deferred_tax_assets_tax_credit_carryforwards_researchHistorical Data
4 periods
| Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|
| Value | $0.00 | $83.70M | $103.60M | $305.50M |
| QoQ Change | — | — | +23.8% | +194.9% |
| YoY Change | — | — | +23.8% | +194.9% |
Range$0.00 – $305.50M
Avg YoY Growth+109.3%
Median YoY Growth+109.3%
Current Streak2+ quarters growth
R&D credit carryforward at Other Companies
Frequently Asked Questions
- What is General Mills's r&d credit carryforward?
- General Mills (GIS) reported r&d credit carryforward of $305.50M in Q1 2025.
- What does r&d credit carryforward mean?
- Unused tax credits earned from investing in research and development that can reduce future taxes.