U.S was Gates Industrial’s largest region in fiscal 2025, bringing in $1.29B of $3.44B (37%).
| Geography | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| U.S | $1.24B | $1.37B | $1.32B | $1.26B | $1.29B | |||||
| Emea, Excluding U.K | $839.40M | $511.20M | $503.90M | $441.10M | $457.10M | |||||
| Rest Of Emea | — | — | — | — | — | |||||
| East Asia & India | $394.90M | $370.90M | $366.80M | $358.40M | $365.20M | |||||
| North America, Excluding U.S | $373.60M | $414.40M | $444.40M | $434.80M | $382.80M | |||||
| North America, Excluding The U.S | — | — | — | — | — | |||||
| North America | — | — | — | — | — | |||||
| Greater China | $412.00M | $344.70M | $332.70M | $331.30M | $343.40M | |||||
| Luxembourg | — | $287.10M | $336.70M | $339.30M | $360.10M | |||||
| South America | $108.70M | $141.80M | $153.90M | $142.40M | $134.50M | |||||
| United Kingdom ("U.K.") | $108.50M | $114.00M | $115.80M | $104.80M | $113.40M | |||||
| United Kingdom | — | — | — | — | — | |||||
| U.K | — | — | — | — | — | |||||
| Total | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B |
Gates Industrial brought in $3.44B from its eight regions in fiscal 2025, the year ended December 31, 2025. That was up 1.0% from $3.41B in fiscal 2024. U.S was the largest at $1.29B (37.4%), ahead of Emea, Excluding U.K at $457.10M (13.3%) and North America, Excluding U.S at $382.80M (11.1%). The other five regions brought in $1.32B combined.
Compared with fiscal 2024, United Kingdom ("U.K.") grew fastest, up 8.2% to $113.40M, while North America, Excluding U.S fell the most, down 12.0% to $382.80M.
Aftermarket was Gates Industrial’s largest product and service line in fiscal 2025, bringing in $2.35B of $3.44B (68%).
| Product and Service | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Aftermarket | — | $2.30B | $2.30B | $2.35B |
| Replacement | $2.25B | — | — | — |
| Oem | $1.31B | $1.27B | $1.11B | $1.09B |
| Total | $3.55B | $3.57B | $3.41B | $3.44B |
Gates Industrial brought in $3.44B from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 1.0% from $3.41B in fiscal 2024. Aftermarket was the largest at $2.35B (68.4%), ahead of Oem at $1.09B (31.6%).
Compared with fiscal 2024, Aftermarket grew 2.2% to $2.35B, while Oem fell 1.4% to $1.09B.
Gates Industrial began breaking out Aftermarket in fiscal 2023, when it brought in $2.30B. Gates Industrial stopped reporting Replacement as a separate line after fiscal 2022, when it brought in $2.25B.
Power Transmission was Gates Industrial’s largest segment in fiscal 2025, bringing in $2.15B of $3.44B (62%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2021 | FY 2022 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Power Transmission | $2.22B | $2.17B | $2.19B | $2.11B | $2.15B | |||||
| Fluid Power | $1.26B | $1.38B | $1.38B | $1.30B | $1.30B | |||||
| Total | $3.47B | $3.55B | $3.57B | $3.41B | $3.44B |
Gates Industrial brought in $3.44B from its two segments in fiscal 2025, the year ended December 31, 2025. That was up 1.0% from $3.41B in fiscal 2024. Power Transmission was the largest at $2.15B (62.4%), ahead of Fluid Power at $1.30B (37.6%).
Compared with fiscal 2024, Power Transmission grew 1.9% to $2.15B, while Fluid Power fell 0.3% to $1.30B. From fiscal 2022 to 2025, combined revenue from these segments fell from $3.47B to $3.44B, a compound annual decline of 0.3%. Power Transmission's share of the total fell from 63.8% to 62.4%.
Gates Industrial (GTES) reports its revenue by geography, by product and service and by segment. In fiscal 2025, U.S was its largest region, bringing in $1.29B (37.4% of the total), followed by Emea, Excluding U.K at $457.10M (13.3%).
U.S was Gates Industrial's largest region in fiscal 2025, bringing in $1.29B, or 37.4% of the $3.44B total across its eight regions.
Aftermarket was Gates Industrial's largest product and service line in fiscal 2025, bringing in $2.35B, or 68.4% of the $3.44B total across its two product and service lines.
Power Transmission was Gates Industrial's largest segment in fiscal 2025, bringing in $2.15B, or 62.4% of the $3.44B total across its two segments.
Among Gates Industrial's regions that make up at least 2% of revenue, United Kingdom ("U.K.") grew fastest in fiscal 2025, up 8.2% from $104.80M to $113.40M.
Every figure comes from Gates Industrial's annual financial filings, as reported. Each line keeps the name Gates Industrial gives it, and years follow its fiscal calendar.
Gates Industrial's revenue by geography goes back to fiscal 2016, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.