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Gates Industrial Corporation GTES Fluid Power — Selling, General And Administrative Expenses, Adjusted
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Where this comes from
Reported directly by Gates Industrial Corporation in its filing.
Tagged under the XBRL concept gtes:SellingGeneralAndAdministrativeExpensesAdjusted.
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 — selling, general and administrative expenses, adjusted?
- Gates Industrial Corporation (GTES) reported fluid power — selling, general and administrative expenses, adjusted of $68.7M in Q1 2026.
- How has Gates Industrial Corporation's fluid power — selling, general and administrative expenses, adjusted changed year-over-year?
- Gates Industrial Corporation's fluid power — selling, general and administrative expenses, adjusted increased by 3.8% year-over-year, from $66.2M to $68.7M.
- What is the long-term trend for Gates Industrial Corporation's fluid power — selling, general and administrative expenses, adjusted?
- Over 3 years (2022 to 2025), Gates Industrial Corporation's fluid power — selling, general and administrative expenses, adjusted has grown at a 3.1% compound annual growth rate (CAGR), from -$240.8M to -$263.8M.
- What does fluid power — selling, general and administrative expenses, adjusted mean?
- Captures the overhead costs required to support the fluid power segment's operations, including sales, marketing, and administrative functions, excluding non-recurring items. This metric is used to evaluate the segment's operating leverage and the effectiveness of its cost-management strategies.
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