Gates Industrial (GTES) Gross Margin (2017 - 2026)

Gates Industrial (GTES) has 10 years of Gross Margin data on file, last reported at 39.71% in Q1 2026.

• Gross Margin for Q1 2026 came in at 39.71%, down 94.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 39.61% (down 86.0% YoY), and the FY2025 annual result was 39.84%, down 2.0% from the prior year.
• Gross Margin rose to 39.71% in Q1 2026 per GTES's latest filing, from 37.99% in the prior quarter.
• Over five years, Gross Margin peaked at 41.09% in Q1 2022 and troughed at 34.13% in Q2 2022.
• A 5-year average of 38.48% and a median of 39.23% in 2023 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2023: Gross Margin sank 639 bps in 2022, then jumped 441 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 34.7% in 2022, then increased by 13 bps to 39.12% in 2023, then gained by 3 bps to 40.43% in 2024, then declined by 6 bps to 37.99% in 2025, then advanced by 5 bps to 39.71% in 2026.
• Business Quant data shows GTES's Gross Margin at 39.71% in Q1 2026, 37.99% in Q4 2025, and 39.92% in Q3 2025.