Gates Industrial (GTES) Gross Profit (2017 - 2026)
Gates Industrial (GTES) reported Gross Profit of $338.0 million for Q1 2026, down 1.92% year-over-year from $344.6 million in Q1 2025, and up 3.9% quarter-over-quarter from $325.3 million in Q4 2025.
Gates Industrial (GTES) Gross Profit (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Gross Profit data on file, last reported at $338.0 million in Q1 2026.
- Gross Profit for Q1 2026 came in at $338.0 million, down 1.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.4 billion (down 0.58% YoY), and the FY2025 annual result was $1.4 billion, up 0.97% from the prior year.
- Gross Profit advanced to $338.0 million in Q1 2026 per GTES's latest filing, from $325.3 million in the prior quarter.
- Over five years, Gross Profit peaked at $606.3 million in Q1 2022 and troughed at $304.9 million in Q2 2022.
- A 5-year average of $349.1 million and a median of $336.8 million in 2023 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit slumped 48.87% in 2022, then grew 10.95% in 2023.
- A 5-year view of Gross Profit shows it stood at $310.0 million in 2022, then rose by 8.94% to $337.7 million in 2023, then retreated by 0.71% to $335.3 million in 2024, then retreated by 2.98% to $325.3 million in 2025, then advanced by 3.9% to $338.0 million in 2026.
- Business Quant data shows GTES's Gross Profit at $338.0 million in Q1 2026, $325.3 million in Q4 2025, and $341.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 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 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 338.00 Mn |
| Mar 28, 2026 | 338.00 Mn |
| Dec 31, 2025 | 325.30 Mn |
| Dec 31, 2025 | 325.30 Mn |
| Sep 27, 2025 | 341.60 Mn |
| Sep 27, 2025 | 341.60 Mn |
| Jun 28, 2025 | 360.20 Mn |
| Jun 28, 2025 | 360.20 Mn |
| Mar 29, 2025 | 344.60 Mn |
| Mar 29, 2025 | 344.60 Mn |
| Dec 28, 2024 | 335.30 Mn |
| Dec 28, 2024 | 335.30 Mn |
| Sep 28, 2024 | 335.80 Mn |
| Sep 28, 2024 | 335.80 Mn |
| Jun 29, 2024 | 357.40 Mn |
| Jun 29, 2024 | 357.40 Mn |
| Mar 30, 2024 | 330.00 Mn |
| Mar 30, 2024 | 330.00 Mn |
| Dec 30, 2023 | 337.70 Mn |
| Dec 30, 2023 | 337.70 Mn |