Gates Industrial (GTES) Net Income (2017 - 2026)
Gates Industrial (GTES) recorded Net Income of $91.4 million in Q3 2026, up 3.2% from $88.6 million a year earlier but down 48.7% from the prior quarter.
Gates Industrial (GTES) Net Income (2017 - 2026) Analysis & Trends
On a TTM basis, Gates Industrial's Net Income came in at $391.9 million as of Sep 26, 2026, up 50.1% year-over-year; for FY2025, it was $276.3 million, up 25.6% from FY2024.
- Annual Net Income has a four-year compound annual growth rate of -4.4% (FY2021 to FY2025).
- Across earlier years, Net Income came in at $219.9 million in FY2024 (-14.2%), $256.4 million in FY2023 (+5.7%), $242.5 million in FY2022 (-26.8%) and $331.3 million in FY2021.
- Quarterly Net Income has ranged from $30.6 million in Q1 2023 to $273.8 million in Q4 2021 over the past five years.
- On a year-over-year basis, Net Income rose in five of the last eight quarters, with growth averaging 33.6%.
- Peak year-over-year performance for Net Income in the last five years was growth of 182.1% in Q2 2026, against a decline of 67.1% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $178 million (Q2 2026), $66.2 million (Q1 2026) and $56.3 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 3.29 Bn |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 2.05 Bn |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 1.38 Bn |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 1.08 Bn |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 884.00 Mn |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | 1.41 Bn |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | 744.00 Mn |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 855.00 Mn |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 764.50 Mn |
| 10 | Gates Industrial | 6.30 Bn | 3.43 Bn | 383.30 Mn | 91.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 91.40 Mn |
| Jun 27, 2026 | 178.00 Mn |
| Mar 28, 2026 | 66.20 Mn |
| Dec 31, 2025 | 56.30 Mn |
| Sep 27, 2025 | 88.60 Mn |
| Jun 28, 2025 | 63.10 Mn |
| Mar 29, 2025 | 68.30 Mn |
| Dec 28, 2024 | 41.10 Mn |
| Sep 28, 2024 | 55.10 Mn |
| Jun 29, 2024 | 77.60 Mn |
| Mar 30, 2024 | 46.10 Mn |
| Dec 30, 2023 | 69.10 Mn |
| Sep 30, 2023 | 85.50 Mn |
| Jul 1, 2023 | 71.20 Mn |
| Apr 1, 2023 | 30.60 Mn |
| Dec 31, 2022 | 90.10 Mn |
| Oct 1, 2022 | 56.00 Mn |
| Jul 2, 2022 | 59.10 Mn |
| Apr 2, 2022 | 37.30 Mn |
| Jan 1, 2022 | 273.80 Mn |
Gates Industrial Net Income 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=net-income&ticker=GTES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-income", "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=net-income&ticker=GTES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();