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Gates Industrial Corporation GTES Fluid Power — Other adjustments
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Other financials
Where this comes from
Reported directly by Gates Industrial Corporation in its filing.
Tagged under the XBRL concept gtes:OtherAdjustmentsExpenses.
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
| Line item | Three months ended / March 28, 2026 / Power Transmission | Three months ended / March 28, 2026 / Fluid Power | Three months ended / March 28, 2026 / Total | Three months ended / March 29, 2025 / Power Transmission | Three months ended / March 29, 2025 / Fluid Power | Three months ended / March 29, 2025 / Total |
|---|---|---|---|---|---|---|
| Net sales | $533.2 | $317.9 | $851.1 | $527.2 | $320.4 | $847.6 |
| Adjusted cost of sales (1) | (312.6) | (194.1) | (506.7) | (308.8) | (194.0) | (502.8) |
| Adjusted selling, general and administrative expenses ("SG&A") (2) | (120.9) | (68.7) | (189.6) | (113.7) | (66.2) | (179.9) |
| Depreciation and software amortization | 14.0 | 11.4 | 25.4 | 12.7 | 10.8 | 23.5 |
| Other adjustments (3) | (1.7) | (1.1) | (2.8) | (0.7) | (0.4) | (1.1) |
| Adjusted EBITDA | $112.0 | $65.4 | $177.4 | $116.7 | $70.6 | $187.3 |
Item 1: Financial Statements (unaudited)
FAQ
- What is Gates Industrial Corporation's fluid power — other adjustments?
- Gates Industrial Corporation (GTES) reported fluid power — other adjustments of -$1.1M in Q1 2026.
- How has Gates Industrial Corporation's fluid power — other adjustments changed year-over-year?
- Gates Industrial Corporation's fluid power — other adjustments decreased by 175.0% year-over-year, from -$400K to -$1.1M.
- What is the long-term trend for Gates Industrial Corporation's fluid power — other adjustments?
- Over 2 years (2023 to 2025), Gates Industrial Corporation's fluid power — other adjustments has grown at a -100.0% compound annual growth rate (CAGR), from $6.1M to $0.
- What does fluid power — other adjustments mean?
- Includes miscellaneous non-recurring or non-operational items that are excluded from the segment's core performance metrics to provide a clearer view of underlying trends. Tracking these adjustments helps investors identify one-time events that temporarily distort the segment's reported financial results.
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