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Gates Industrial Corporation GTES Other Income (Expense)

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Other financials

Income statement

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Revenue$851.1M+0.4%
Gross profit$338.0M-1.9%
Operating income$109.9M-12.6%
Net income$59.7M-3.7%
EPS (diluted)$0.23-4.2%

Balance sheet

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Cash & equivalents$788.2M+22.6%
Total debt$2.2B-4.8%
Total equity$3.4B+8.5%
Total assets$7.1B+3.3%

Cash flow

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Operating cash flow$30.2M+314%
CapEx$16.7M-4.6%
Free cash flow$13.5M+232%

Valuation

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Market cap$7.42B+19.3%
Enterprise value$8.86B+13.0%
P/E29.8×-0.9×
P/S2.2×+0.3×

Profitability

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Gross margin39.6%-0.9pp
Operating margin13%-1.2pp
Net margin7.2%+0.8pp
FCF margin12.4%+2.9pp

Returns & leverage

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Return on equity7.7%+0.8pp
Debt / equity0.7×-0.1×
Current ratio3.7×+0.3×

Where this comes from

Reported directly by Gates Industrial Corporation in its filing.

Tagged under the XBRL concept us-gaap:OtherNonoperatingIncomeExpense.

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 28,2026March 29,2025
Restructuring expenses0.71.6
Operating income from continuing operations109.9125.8
Interest expense29.929.6
Other expense2.12.4
Income from continuing operations before taxes77.993.8
Income tax expense11.525.2
Net income from continuing operations66.468.6
Loss on disposal of discontinued operations, net of tax, respectively, of $0 and $00.20.3

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's other income (expense)?
Gates Industrial Corporation (GTES) reported other income (expense) of -$2.1M in Q1 2026.
How has Gates Industrial Corporation's other income (expense) changed year-over-year?
Gates Industrial Corporation's other income (expense) increased by 12.5% year-over-year, from -$2.4M to -$2.1M.
What is the long-term trend for Gates Industrial Corporation's other income (expense)?
Over 3 years (2021 to 2024), Gates Industrial Corporation's other income (expense) has grown at a 185.3% compound annual growth rate (CAGR), from -$900K to $20.9M.
What does other income (expense) mean?
Net total of all non-operating income and expenses not classified in specific line items — a catch-all for miscellaneous financial items.

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