Gates Industrial (GTES) Deferred Taxes (2017 - 2026)
Gates Industrial (GTES) reported Deferred Taxes of -$9.3 million for Q1 2026, down 200.0% year-over-year from $9.3 million in Q1 2025, and up 52.79% quarter-over-quarter from -$19.7 million in Q4 2025.
Gates Industrial (GTES) Deferred Taxes (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Deferred Taxes data on file, last reported at -$9.3 million in Q1 2026.
- Deferred Taxes for Q1 2026 came in at -$9.3 million, down 200.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$32.2 million (down 128.37% YoY), and the FY2025 annual result was -$26.0 million, down 114.88% from the prior year.
- Deferred Taxes advanced to -$9.3 million in Q1 2026 per GTES's latest filing, from -$19.7 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $13.0 million in Q4 2024 and troughed at -$54.0 million in Q1 2022.
- A 5-year average of -$13.7 million and a median of -$12.2 million in 2022 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2024 and 2025: Deferred Taxes soared 149.06% in 2024, then plunged 251.54% in 2025.
- A 5-year view of Deferred Taxes shows it stood at -$26.5 million in 2022, then changed by 0.0% to -$26.5 million in 2023, then soared by 149.06% to $13.0 million in 2024, then sank by 251.54% to -$19.7 million in 2025, then surged by 52.79% to -$9.3 million in 2026.
- Business Quant data shows GTES's Deferred Taxes at -$9.3 million in Q1 2026, -$19.7 million in Q4 2025, and $4.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred 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 | -37.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 2.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | -12.00 Mn |
| 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 | -1.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 16.06 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | - |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | - |
| 10 | Gates Industrial | 6.51 Bn | 6.08 Bn | 338.00 Mn | -9.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | -9.30 Mn |
| Dec 31, 2025 | -19.70 Mn |
| Sep 27, 2025 | 4.70 Mn |
| Jun 28, 2025 | -7.90 Mn |
| Mar 29, 2025 | -3.10 Mn |
| Dec 28, 2024 | 13.00 Mn |
| Sep 28, 2024 | -11.90 Mn |
| Jun 29, 2024 | -12.10 Mn |
| Mar 30, 2024 | -1.10 Mn |
| Dec 30, 2023 | -26.50 Mn |
| Sep 30, 2023 | -16.90 Mn |
| Jul 1, 2023 | -19.20 Mn |
| Apr 1, 2023 | -3.10 Mn |
| Dec 31, 2022 | -26.50 Mn |
| Oct 1, 2022 | -22.40 Mn |
| Jul 2, 2022 | -18.50 Mn |
| Apr 2, 2022 | -12.30 Mn |
| Jan 1, 2022 | -54.00 Mn |
| Apr 3, 2021 | -9.60 Mn |
| Sep 26, 2020 | -28.70 Mn |