Gates Industrial Corp plc (GTES) Gross Margin (2017 - 2026)
Gates Industrial (GTES) posted quarterly Gross Margin of 41.0% for Q2 2026, up 24.0% year-over-year from 33.07% in Q2 2025, and up 3.25% on a QoQ basis from 39.71% in Q1 2026.
Gates Industrial Corp plc (GTES) Gross Margin (2017 - 2026) Analysis & Trends
Gates Industrial has reported Gross Margin for 10 years, with the latest figure at 41.0% in Q2 2026.
- Gross Margin for Q2 2026 came in at 41.0%, up 24.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 39.69% (down 88.0% YoY), and the FY2025 annual result was 39.84%, down 2.0% from the prior year.
- Gross Margin rose to 41.0% in Q2 2026, from 39.71% 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 38.62% and a median of 39.34% in 2023 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin sank 639 bps; it then surged 441 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 34.7% in 2022, then rose by 13 bps to 39.12% in 2023, then advanced by 3 bps to 40.43% in 2024, then decreased by 6 bps to 37.99% in 2025, then advanced by 8 bps to 41.0% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 41.0% in Q2 2026, 39.71% in Q1 2026, and 37.99% in Q4 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 41.00% |
| Mar 28, 2026 | 39.71% |
| Dec 31, 2025 | 37.99% |
| Sep 27, 2025 | 39.92% |
| Jun 28, 2025 | 40.76% |
| Mar 29, 2025 | 40.66% |
| Dec 28, 2024 | 40.43% |
| Sep 28, 2024 | 40.42% |
| Jun 29, 2024 | 40.36% |
| Mar 30, 2024 | 38.26% |
| Dec 30, 2023 | 39.12% |
| Sep 30, 2023 | 39.34% |
| Jul 1, 2023 | 37.67% |
| Apr 1, 2023 | 36.21% |
| Dec 31, 2022 | 34.70% |
| Oct 1, 2022 | 35.96% |
| Jul 2, 2022 | 35.97% |
| Apr 2, 2022 | 34.13% |
| Jan 1, 2022 | 41.09% |
| Oct 2, 2021 | 39.51% |