Gates Industrial (GTES) Change in Taxes (2017 - 2026)
Gates Industrial (GTES) reported Change in Taxes of $7.2 million for Q1 2026, down 15.29% year-over-year from $8.5 million in Q1 2025, and down 40.5% quarter-over-quarter from $12.1 million in Q4 2025.
Gates Industrial (GTES) Change in Taxes (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Change in Taxes data on file, last reported at $7.2 million in Q1 2026.
- Change in Taxes for Q1 2026 came in at $7.2 million, down 15.29% year-over-year; the trailing twelve-month figure through Mar 2026 was -$19.9 million (down 301.01% YoY), and the FY2025 annual result was -$18.6 million, down 1966.67% from the prior year.
- Change in Taxes declined to $7.2 million in Q1 2026 per GTES's latest filing, from $12.1 million in the prior quarter.
- Over five years, Change in Taxes peaked at $83.1 million in Q1 2022 and troughed at -$29.1 million in Q3 2025.
- A 5-year average of $1.8 million and a median of -$1.3 million in 2022 frame the typical range for Change in Taxes.
- On a YoY basis, Change in Taxes climbed as much as 611.76% in 2025 and fell as far as 2325.0% in 2025.
- A 5-year view of Change in Taxes shows it stood at -$1.4 million in 2022, then tumbled by 521.43% to -$8.7 million in 2023, then jumped by 119.54% to $1.7 million in 2024, then jumped by 611.76% to $12.1 million in 2025, then sank by 40.5% to $7.2 million in 2026.
- Business Quant data shows GTES's Change in Taxes at $7.2 million in Q1 2026, $12.1 million in Q4 2025, and -$29.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 299.46 Bn | 290.43 Bn | 1.78 Bn | - |
| 2 | Eaton | 164.06 Bn | 163.35 Bn | 2.65 Bn | - |
| 3 | Parker-Hannifin | 120.65 Bn | 120.18 Bn | 2.02 Bn | - |
| 4 | Cummins | 98.98 Bn | 96.25 Bn | 2.24 Bn | - |
| 5 | Emerson Electric | 84.75 Bn | 82.97 Bn | 2.42 Bn | - |
| 6 | Illinois Tool Works | 76.17 Bn | 75.34 Bn | 1.76 Bn | -6.00 Mn |
| 7 | Ametek | 54.28 Bn | 53.79 Bn | 717.56 Mn | - |
| 8 | Rockwell Automation | 53.18 Bn | 52.81 Bn | 1.13 Bn | -87.00 Mn |
| 9 | Ingersoll Rand | 30.53 Bn | 29.32 Bn | 792.40 Mn | - |
| 10 | Gates Industrial | 7.14 Bn | 6.71 Bn | 338.00 Mn | 7.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 7.20 Mn |
| Mar 28, 2026 | 7.20 Mn |
| Dec 31, 2025 | 12.10 Mn |
| Dec 31, 2025 | 12.10 Mn |
| Sep 27, 2025 | -29.10 Mn |
| Sep 27, 2025 | -29.10 Mn |
| Jun 28, 2025 | -10.10 Mn |
| Jun 28, 2025 | -10.10 Mn |
| Mar 29, 2025 | 8.50 Mn |
| Mar 29, 2025 | 8.50 Mn |
| Dec 28, 2024 | 1.70 Mn |
| Dec 28, 2024 | 1.70 Mn |
| Sep 28, 2024 | -1.20 Mn |
| Sep 28, 2024 | -1.20 Mn |
| Jun 29, 2024 | 900,000.00 |
| Jun 29, 2024 | 900,000.00 |
| Mar 30, 2024 | -2.30 Mn |
| Mar 30, 2024 | -2.30 Mn |
| Dec 30, 2023 | -8.70 Mn |
| Dec 30, 2023 | -8.70 Mn |