Gates Industrial (GTES) Gross Profit (2017 - 2026)
Gates Industrial (GTES) reported Gross Profit of $386.1 million for Q2 2026, up 7.2% from $360.2 million a year earlier and up 14.2% from the prior quarter.
Gates Industrial (GTES) Gross Profit (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Gates Industrial's Gross Profit came in at $1.39 billion, up 1.1% year-over-year; for FY2025, it came in at $1.37 billion, up 1.0% from FY2024.
- Gross Profit has a four-year compound annual growth rate of 0.6% (FY2021 to FY2025).
- By year, Gross Profit came in at $1.36 billion in FY2024 (unchanged), $1.36 billion in FY2023 (+8.7%), $1.25 billion in FY2022 (-6.6%) and $1.34 billion in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Gross Profit since Q4 2021.
- Year over year, Gross Profit gained in four of the last eight quarters, with growth averaging 0.8%.
- The high point for year-over-year Gross Profit in five years was Q3 2023 (growth of 11.0%); the low point was Q4 2022 (a decline of 48.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $338 million (Q1 2026), $325.3 million (Q4 2025) and $341.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Gates Industrial | 6.64 Bn | 3.90 Bn | 386.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 386.10 Mn |
| Mar 28, 2026 | 338.00 Mn |
| Dec 31, 2025 | 325.30 Mn |
| Sep 27, 2025 | 341.60 Mn |
| Jun 28, 2025 | 360.20 Mn |
| Mar 29, 2025 | 344.60 Mn |
| Dec 28, 2024 | 335.30 Mn |
| Sep 28, 2024 | 335.80 Mn |
| Jun 29, 2024 | 357.40 Mn |
| Mar 30, 2024 | 330.00 Mn |
| Dec 30, 2023 | 337.70 Mn |
| Sep 30, 2023 | 343.40 Mn |
| Jul 1, 2023 | 352.70 Mn |
| Apr 1, 2023 | 325.10 Mn |
| Dec 31, 2022 | 310.00 Mn |
| Oct 1, 2022 | 309.50 Mn |
| Jul 2, 2022 | 326.20 Mn |
| Apr 2, 2022 | 304.90 Mn |
| Jan 1, 2022 | 606.30 Mn |
| Oct 2, 2021 | 340.70 Mn |
Gates Industrial Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "GTES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();