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.

• On a quarterly basis, Gross Margin fell 94.0% year-over-year to 39.71% in Q1 2026; TTM through Mar 2026 was 39.61%, a 86.0% decrease from a year earlier, with the FY2025 full-year figure at 39.84%, down 2.0% from the prior year.
• Gross Margin for Q1 2026 stood at 39.71%, up from 37.99% in the prior quarter.
• Over the last five years, Gross Margin for GTES reached as high as 41.09% in Q1 2022 and fell as low as 34.13% in Q2 2022.
• Historically, Gross Margin has averaged 38.48% across 5 years, with a median of 39.23% in 2023.
• Across the five-year window, Gross Margin tumbled 639 bps in 2022 and surged 441 bps in 2023, its largest moves.
• Year by year, Gross Margin stood at 34.7% in 2022, then advanced by 13 bps to 39.12% in 2023, then grew by 3 bps to 40.43% in 2024, then dropped by 6 bps to 37.99% in 2025, then increased by 5 bps to 39.71% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 39.71% in Q1 2026, 37.99% in Q4 2025, and 39.92% in Q3 2025.