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Gates Industrial Corporation GTES Gross Profit
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Where this comes from
Calculated from Gates Industrial Corporation’s reported figures.
The source filing: Gates Industrial Corporation’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 4:19 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-029351
| (dollars in millions, except per share amounts) | Three months ended / March 28,2026 | March 29,2025 |
|---|---|---|
| Net sales | $851.1 | $847.6 |
| Cost of sales | 513.1 | 503.0 |
| Gross profit | 338.0 | 344.6 |
| Selling, general and administrative expenses | 226.9 | 216.2 |
| Transaction-related expenses | 0.5 | 0.4 |
| Asset impairments | — | 0.6 |
| Restructuring expenses | 0.7 | 1.6 |
| Operating income from continuing operations | 109.9 | 125.8 |
Item 1: Financial Statements (unaudited)
FAQ
- What is Gates Industrial Corporation's gross profit?
- Gates Industrial Corporation (GTES) reported gross profit of $338M in Q1 2026.
- How has Gates Industrial Corporation's gross profit changed year-over-year?
- Gates Industrial Corporation's gross profit decreased by 1.9% year-over-year, from $344.6M to $338M.
- What is the long-term trend for Gates Industrial Corporation's gross profit?
- Over 4 years (2021 to 2025), Gates Industrial Corporation's gross profit has grown at a 0.6% compound annual growth rate (CAGR), from $1.34B to $1.37B.
- What does gross profit mean?
- Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.
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