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| Date | Value |
|---|---|
| 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 |