Financial insights of GTES

MyFinsight

For the quarter ending 2025-09-27, GTES made $855,700,000 in revenue. $81,600,000 in net income. Net profit margin of 9.54%.

Unit: Dollar

Income Statement	2025-09-27	2025-06-28	2025-03-29	2024-09-28
Net sales	855,700,000	883,700,000	847,600,000	830,700,000
Cost of sales	514,100,000	523,500,000	503,000,000	494,900,000
Gross profit	341,600,000	360,200,000	344,600,000	335,800,000
Selling, general and administrative expenses	219,200,000	231,200,000	217,300,000	219,900,000
Transaction-related expenses	100,000	0	400,000	500,000
Asset impairments	400,000	200,000	600,000	0
Restructuring expenses	6,500,000	13,000,000	1,600,000	2,200,000
Other operating expenses	0	0	-	0
Operating income from continuing operations	115,400,000	115,800,000	124,700,000	113,200,000
Interest expense	34,900,000	28,800,000	29,600,000	35,100,000
Loss on deconsolidation of russian subsidiary	0	-	-	-12,800,000
Other income	14,300,000	-6,800,000	-1,300,000	3,900,000
Income from continuing operations before taxes	94,800,000	80,200,000	93,800,000	69,200,000
Income tax expense	6,100,000	16,800,000	25,200,000	14,000,000
Net income from continuing operations	88,700,000	63,400,000	68,600,000	55,200,000
Loss on disposal of discontinued operations, net of tax, respectively, of 0, 0, 0 and 0	-100,000	-300,000	-300,000	-100,000
Net income	88,600,000	63,100,000	68,300,000	55,100,000
Less non-controlling interests	7,000,000	6,600,000	6,300,000	7,500,000
Net income attributable to shareholders	81,600,000	56,500,000	62,000,000	47,600,000

Diluted weighted average number of shares outstanding (in shares)	261,555,255	260,469,532	261,567,906	263,441,572
Earnings per share (in usd per share)	0.31	0.22	0.24	0.18
Earnings per share (in usd per share)	0.32	0.22	0.24	0.18