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
DateValue
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