Gates Industrial (GTES) Operating Expenses (2017 - 2026)

Gates Industrial (GTES) reported Operating Expenses of $227.4 million for Q1 2026, up 4.41% year-over-year from $217.8 million in Q1 2025, and up 5.92% quarter-over-quarter from $214.7 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.

  • Operating Expenses for Q1 2026 came in at $227.4 million, up 4.41% year-over-year; the trailing twelve-month figure through Mar 2026 was $905.6 million (up 2.8% YoY), and the FY2025 annual result was $902.4 million, up 2.57% from the prior year.
  • Operating Expenses climbed to $227.4 million in Q1 2026 per GTES's latest filing, from $214.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $279.5 million in Q1 2022 and troughed at $204.9 million in Q4 2022.
  • A 5-year average of $224.4 million and a median of $219.4 million in 2024 frame the typical range for Operating Expenses.
  • On a YoY basis, Operating Expenses climbed as much as 10.14% in 2022 and fell as far as 22.29% in 2022.
  • A 5-year view of Operating Expenses shows it stood at $217.2 million in 2022, then climbed by 0.64% to $218.6 million in 2023, then climbed by 1.24% to $221.3 million in 2024, then retreated by 2.98% to $214.7 million in 2025, then gained by 5.92% to $227.4 million in 2026.
  • Business Quant data shows GTES's Operating Expenses at $227.4 million in Q1 2026, $214.7 million in Q4 2025, and $219.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 1.60 Bn
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 1.48 Bn
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 884.00 Mn
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 1.20 Bn
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 1.32 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 1.41 Bn
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 658.00 Mn
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 492.23 Mn
10 Gates Industrial 6.51 Bn 6.08 Bn 338.00 Mn 227.40 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 227.40 Mn
Dec 31, 2025 214.70 Mn
Sep 27, 2025 219.30 Mn
Jun 28, 2025 244.20 Mn
Mar 29, 2025 217.80 Mn
Dec 28, 2024 221.30 Mn
Sep 28, 2024 219.40 Mn
Jun 29, 2024 222.40 Mn
Mar 30, 2024 212.10 Mn
Dec 30, 2023 218.60 Mn
Sep 30, 2023 216.00 Mn
Jul 1, 2023 221.30 Mn
Apr 1, 2023 237.60 Mn
Dec 31, 2022 217.20 Mn
Oct 1, 2022 204.90 Mn
Jul 2, 2022 209.60 Mn
Apr 2, 2022 235.70 Mn
Jan 1, 2022 279.50 Mn
Oct 2, 2021 219.30 Mn
Jul 3, 2021 218.00 Mn