Gates Industrial (GTES) Operating Expenses (2017 - 2026)
Gates Industrial's (GTES) quarterly Operating Expenses came in at $227.4 million in Q1 2026, up 4.41% year-on-year from $217.8 million in Q1 2025, and down 3.36% on a QoQ basis from $235.3 million in Q4 2025.
Gates Industrial (GTES) Operating Expenses (2017 - 2026) Analysis & Trends
Gates Industrial (GTES) has 10 years of Operating Expenses data on file, last reported at $227.4 million in Q1 2026.
- On a quarterly basis, Operating Expenses rose 4.41% year-over-year to $227.4 million in Q1 2026; TTM through Mar 2026 was $932.6 million, a 5.44% increase from a year earlier, with the FY2025 full-year figure at $902.4 million, up 2.2% from the prior year.
- Operating Expenses for Q1 2026 stood at $227.4 million, down from $235.3 million in the prior quarter.
- Over the last five years, Operating Expenses for GTES reached as high as $262.0 million in Q1 2022 and fell as low as $204.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $224.3 million across 5 years, with a median of $222.8 million in 2023.
- On a YoY basis, Operating Expenses climbed as much as 9.88% in 2022 and fell as far as 19.92% in 2022.
- Year by year, Operating Expenses stood at $209.8 million in 2022, then grew by 0.29% to $210.4 million in 2023, then gained by 6.7% to $224.5 million in 2024, then climbed by 4.81% to $235.3 million in 2025, then dropped by 3.36% to $227.4 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $227.4 million in Q1 2026, $235.3 million in Q4 2025, and $225.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 1.71 Bn |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 1.48 Bn |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 884.00 Mn |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 1.20 Bn |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 1.32 Bn |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | - |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 1.41 Bn |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 658.00 Mn |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 370.70 Mn |
| 10 | Gates Industrial | 6.83 Bn | 6.05 Bn | 338.00 Mn | 227.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 227.40 Mn |
| Dec 31, 2025 | 235.30 Mn |
| Sep 27, 2025 | 225.70 Mn |
| Jun 28, 2025 | 244.20 Mn |
| Mar 29, 2025 | 217.80 Mn |
| Dec 28, 2024 | 224.50 Mn |
| Sep 28, 2024 | 219.40 Mn |
| Jun 29, 2024 | 222.80 Mn |
| Mar 30, 2024 | 212.10 Mn |
| Dec 30, 2023 | 210.40 Mn |
| Sep 30, 2023 | 216.00 Mn |
| Jul 1, 2023 | 222.90 Mn |
| Apr 1, 2023 | 237.60 Mn |
| Dec 31, 2022 | 209.80 Mn |
| Oct 1, 2022 | 204.90 Mn |
| Jul 2, 2022 | 209.60 Mn |
| Apr 2, 2022 | 235.70 Mn |
| Jan 1, 2022 | 262.00 Mn |
| Oct 2, 2021 | 219.30 Mn |
| Jul 3, 2021 | 214.40 Mn |