Kellanova
Financial Performance
Kellanova Revenue & Financials
Revenue
$12.7B (FY2024)
Net Income
$1.3B
Employees
23,000
What is Kellanova's revenue?
Kellanova had $12.7B in revenue for fiscal year 2024, down 2.8% from 2023. Net income was $1.3B.
- Latest revenue
- $12.7B (FY2024)
- Year-over-year
- -2.8%
- Growth rate (CAGR)
- -1.5% over 9 years
- Peak revenue
- $14.6B (FY2015)
- Years of data
- 10
- Employees
- 23,000
Financial Analysis
Kellanova's last standalone Form 10-K reported FY2024 net sales of $12.749 billion, down 2.8% from $13.122 billion in FY2023, and net income of $1.343 billion, up from $951 million. Figures for 2021 and later reflect continuing operations after the WK Kellogg Co spin-off; earlier years are the legacy Kellogg Company. Mars paid $83.50 per share in cash, valuing Kellanova at about $35.9 billion including debt. Since the December 11, 2025 close, Kellanova no longer files quarterly or annual results with the SEC, and Mars, a private company, does not break out Kellanova's numbers. Kellanova (formerly the global snacking division of Kellogg's) is a monumental multinational food manufacturing company, recently targeted for acquisition by Mars in a massive $35.9 billion deal.
Revenue Trend Analysis
YoY Change
-2.8%
9-Year CAGR
-1.5%
Peak Year
2015
Trend
Mostly Growing
Kellanova has 10 full fiscal year figures on this page, compounding at -1.5% annually over 9 years. The most recent year saw a 2.8% decline versus the prior year. Annual revenue peaked in fiscal year 2015 at $14.6B. Of 9 comparable year-over-year steps, 5 showed growth and 4 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Operating Income | Net Income | YoY Change | Source |
|---|---|---|---|---|---|
| FY2024 | $12.7B | $1.7B | $1.3B | -2.8% | Kellanova Form 10-K (SEC EDGAR), continuing operations after WK Kellogg Co spin-off Fiscal year ended 2024-12-28. |
| FY2023 | $13.1B | $1.6B | $951M | +3.7% | Kellanova Form 10-K (SEC EDGAR), continuing operations after WK Kellogg Co spin-off Fiscal year ended 2023-12-30. |
| FY2022 | $12.7B | $1.5B | $960M | +7.7% | Kellanova Form 10-K (SEC EDGAR), continuing operations after WK Kellogg Co spin-off Fiscal year ended 2022-12-31. |
| FY2021 | $11.7B | — | $1.5B | -14.7% | Kellanova Form 10-K (SEC EDGAR), continuing operations after WK Kellogg Co spin-off Fiscal year ended 2022-01-01. |
| FY2020 | $13.8B | — | $1.3B | +1.4% | Kellogg Company Form 10-K (SEC EDGAR) Fiscal year ended 2021-01-02. |
| FY2019 | $13.6B | — | $960M | +0.2% | Kellogg Company Form 10-K (SEC EDGAR) Fiscal year ended 2019-12-28. |
| FY2018 | $13.5B | — | $1.3B | +5.4% | Kellogg Company Form 10-K (SEC EDGAR) Fiscal year ended 2018-12-29. |
| FY2017 | $12.9B | — | $1.3B | -0.9% | Kellogg Company Form 10-K (SEC EDGAR) Fiscal year ended 2017-12-30. |
| FY2016 | $13B | — | $699M | -11.1% | Kellogg Company Form 10-K (SEC EDGAR) Fiscal year ended 2016-12-31. |
| FY2015 | $14.6B | — | $632M | — | Kellanova annual report (SEC EDGAR, filed 2017-02-21) Fiscal year ended 2015-01-03. Figure as presented in the annual report filed 2017-02-21. |
Click any row to see year details.
Keep researching Kellanova
Kellanova Revenue and Financial FAQ
What is Kellanova's annual net sales revenue milestone?
Kellanova reported revenue of $12.7 billion for fiscal year 2024, down from $13.1 billion in fiscal 2023.
What was the per-share purchase price in the Mars $35.9 billion acquisition?
Mars paid $83.50 per share in cash for Kellanova, valuing the company at about $35.9 billion including debt. The deal closed on December 11, 2025.
What was Kellanova's net income?
Kellanova reported net income of $1.343 billion for FY2024, up from $951 million in FY2023, in its last standalone Form 10-K.
What were Kellanova's net sales by operating segment and key brands in the 2024 annual report?
According to Kellanova's FY2024 Form 10-K, total net sales of $12,749 million were broken down across four geographic segments: North America delivered $6,535 million (51.3%), AMEA (Asia Pacific, Middle East & Africa) contributed $2,569 million (20.1%), Europe accounted for $2,429 million (19.1%), and Latin America brought in $1,216 million (9.5%). Global core snacking brands driving these segments include Pringles, Cheez-It, Pop-Tarts, Rice Krispies Treats, Eggo, and RXBAR.
What was Kellanova's operating profit in 2024 compared to prior years?
In FY2024, Kellanova generated operating profit of $1,734 million, an increase from $1,576 million in FY2023 and $1,520 million in FY2022, demonstrating operating margin expansion from 12.0% in 2023 to 13.6% in 2024.
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Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Kellanova Revenue & Financials." CorpDigest, https://corpdigest.com/company/kellanova/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>Kellanova reported $12.7B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/kellanova/financials" target="_blank" rel="noopener">CorpDigest — Kellanova financials</a></div>Related Financial Audits
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