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 251.14 Bn 242.11 Bn 1.78 Bn -
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn -
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn -
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn -
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn -6.00 Mn
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn -
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn -87.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 22.08 Mn
10 Gates Industrial 6.51 Bn 6.08 Bn 338.00 Mn 7.20 Mn

Historic Data

Download Data
DateValue
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