Gates Industrial (GTES) Change in Accured Expenses (2017 - 2026)
Gates Industrial's (GTES) quarterly Change in Accured Expenses came in at -$11.9 million in Q1 2026, up 65.8% year-on-year from -$7.2 million in Q1 2025, and up 25.62% on a QoQ basis from -$16.0 million in Q4 2025.
Gates Industrial (GTES) Change in Accured Expenses (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Change in Accured Expenses data on file, last reported at -$11.9 million in Q1 2026.
- On a quarterly basis, Change in Accured Expenses rose 65.8% year-over-year to -$11.9 million in Q1 2026; TTM through Mar 2026 was -$3.9 million, a 117.33% decrease from a year earlier, with the FY2025 full-year figure at -$26.8 million, down 228.85% from the prior year.
- Change in Accured Expenses for Q1 2026 stood at -$11.9 million, up from -$16.0 million in the prior quarter.
- Over the last five years, Change in Accured Expenses for GTES reached as high as $55.7 million in Q4 2023 and fell as low as -$46.5 million in Q1 2022.
- Historically, Change in Accured Expenses has averaged -$5.0 million across 5 years, with a median of -$2.9 million in 2022.
- Across the five-year window, Change in Accured Expenses jumped 941.18% in 2024 and slumped 2766.67% in 2025, its largest moves.
- Year by year, Change in Accured Expenses stood at $9.9 million in 2022, then jumped by 462.63% to $55.7 million in 2023, then slumped by 98.92% to $600000.0 in 2024, then slumped by 2766.67% to -$16.0 million in 2025, then climbed by 25.62% to -$11.9 million in 2026.
- Per Business Quant data, the three most recent Change in Accured Expenses figures were -$11.9 million in Q1 2026, -$16.0 million in Q4 2025, and -$1.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Accured Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 476.00 Mn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 75.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | -167.00 Mn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 3.00 Mn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | -100.00 Mn |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 51.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 16.00 Mn |
| 10 | Gates Industrial | 6.83 Bn | 6.05 Bn | 338.00 Mn | -11.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -11.90 Mn |
| Mar 28, 2026 | -11.90 Mn |
| Dec 31, 2025 | -16.00 Mn |
| Dec 31, 2025 | -16.00 Mn |
| Sep 27, 2025 | -1.10 Mn |
| Sep 27, 2025 | -1.10 Mn |
| Jun 28, 2025 | 25.10 Mn |
| Jun 28, 2025 | 25.10 Mn |
| Mar 29, 2025 | -34.80 Mn |
| Mar 29, 2025 | -34.80 Mn |
| Dec 28, 2024 | 600,000.00 |
| Dec 28, 2024 | 600,000.00 |
| Sep 28, 2024 | 42.40 Mn |
| Sep 28, 2024 | 42.40 Mn |
| Jun 29, 2024 | 14.30 Mn |
| Jun 29, 2024 | 14.30 Mn |
| Mar 30, 2024 | -36.50 Mn |
| Mar 30, 2024 | -36.50 Mn |
| Dec 30, 2023 | 55.70 Mn |
| Dec 30, 2023 | 55.70 Mn |