General Mills, Inc.
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Financial Performance
Revenue
$18.42B
Market Cap
$39.5B
Employees
34,000
General Mills is defending its lucrative dominance in center-store grocery aisles against an unprecedented consumer pushback against processed foods. Under CEO Jeffrey Harmening, the packaged food giant generated exactly $20.1 billion in revenue and maintains a $39.5 billion market cap with exactly 34000 employees. The financial narrative in 2026 is defined by aggressive, portfolio reshaping; battling severe volume declines in legacy cereal brands, General Mills has executed a pivot into lucrative, ultra-premium pet food (Blue Buffalo) while desperately acquiring trendy 'better-for-you' snack brands to offset the structural decline of traditional legacy snacking.
Revenue Trend Analysis
YoY Change
-5.4%
2-Year CAGR
-3.7%
Peak Year
2024
Trend
Declining Trend
General Mills, Inc. has reported revenue across 3 fiscal years, compounding at -3.7% annually over 2 years. The most recent year saw a 5.4% decline versus the prior year. Revenue peaked in 2024 at $19.9B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | YoY Change |
|---|---|---|
| FY2026 | $18.4B | -5.4% |
| FY2025 | $19.5B | -1.9% |
| FY2024 | $19.9B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
General Mills, Inc. reported approximately $20.1B in fiscal year 2026 with a team of 34,000 employees worldwide.
General Mills, Inc. strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Packaged Foods & Consumer Packaged Goods is driven by steady cash generation and pricing power, enabling General Mills, Inc. to reinvest in high-return strategic initiatives.
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CorpDigest. "General Mills, Inc. Revenue & Financials." CorpDigest, https://corpdigest.com/company/general-mills/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>General Mills, Inc. reported $18B in revenue (FY2026).</strong><br>Source: <a href="https://corpdigest.com/company/general-mills/financials" target="_blank" rel="noopener">CorpDigest — General Mills, Inc. financials</a></div>