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Gates Industrial Corporation GTES Interest Expense
Interest Expense at other companies
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Where this comes from
Reported directly by Gates Industrial Corporation in its filing.
Tagged under the XBRL concept us-gaap:InterestExpenseNonoperating.
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 |
|---|---|---|
| Asset impairments | — | 0.6 |
| Restructuring expenses | 0.7 | 1.6 |
| Operating income from continuing operations | 109.9 | 125.8 |
| Interest expense | 29.9 | 29.6 |
| Other expense | 2.1 | 2.4 |
| Income from continuing operations before taxes | 77.9 | 93.8 |
| Income tax expense | 11.5 | 25.2 |
| Net income from continuing operations | 66.4 | 68.6 |
Item 1: Financial Statements (unaudited)
FAQ
- What is Gates Industrial Corporation's interest expense?
- Gates Industrial Corporation (GTES) reported interest expense of $29.9M in Q1 2026.
- How has Gates Industrial Corporation's interest expense changed year-over-year?
- Gates Industrial Corporation's interest expense increased by 1.0% year-over-year, from $29.6M to $29.9M.
- What is the long-term trend for Gates Industrial Corporation's interest expense?
- Over 4 years (2021 to 2025), Gates Industrial Corporation's interest expense has grown at a -1.5% compound annual growth rate (CAGR), from $133.5M to $125.9M.
- What does interest expense mean?
- Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.
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