For the quarter ending 2026-03-28, GTES made $851,100K in revenue. $59,700K in net income. Net profit margin of 7.01%.
| Income Statement | 2026-03-28 | 2025-12-31 | 2025-09-27 | 2025-06-28 |
|---|---|---|---|---|
| Net sales | 851,100 | 856,200 | 855,700 | 883,700 |
| Cost of sales | 513,100 | 530,900 | 514,100 | 523,500 |
| Gross profit | 338,000 | 325,300 | 341,600 | 360,200 |
| Selling, general and administrative expenses | 226,900 | 208,400 | 219,200 | 231,200 |
| Transaction-related expenses | 500 | 0 | 100 | 0 |
| Asset impairments | 0 | 2,300 | 400 | 200 |
| Restructuring expenses | 700 | 5,200 | 6,500 | 13,000 |
| Other operating expenses | - | 0 | 0 | 0 |
| Operating income from continuing operations | 109,900 | 109,400 | 115,400 | 115,800 |
| Interest expense | 29,900 | 32,600 | 34,900 | 28,800 |
| Loss on deconsolidation of russian subsidiary | - | 0 | 0 | - |
| Other expense | -2,100 | -5,400 | 14,300 | -6,800 |
| Income from continuing operations before taxes | 77,900 | 71,400 | 94,800 | 80,200 |
| Income tax expense | 11,500 | 15,000 | 6,100 | 16,800 |
| Net income from continuing operations | 66,400 | 56,400 | 88,700 | 63,400 |
| Loss on disposal of discontinued operations, net of tax, respectively, of 0 and 0 | -200 | -100 | -100 | -300 |
| Net income | 66,200 | 56,300 | 88,600 | 63,100 |
| Less non-controlling interests | 6,500 | 5,000 | 7,000 | 6,600 |
| Net income attributable to shareholders | 59,700 | 51,300 | 81,600 | 56,500 |
| Basic EPS | 0.24 | 0.245* | 0.32 | 0.22 |
| Diluted EPS | 0.23 | 0.198 | 0.31 | 0.22 |
| Diluted Average Shares | 256,872,424 | 258,546,767 | 261,555,255 | 260,469,532 |
Gates Industrial Corp plc (GTES)
Gates Industrial Corp plc (GTES)