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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:PaymentsForRepurchaseOfCommonStock.

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)Three months ended / March 28,2026Three months ended / March 29,2025
Net cash used in investing activities(27.2)(31.0)
Cash flows from financing activities
Issuance of shares0.51.8
Repurchase of shares(16.6)(13.0)
Payments of long-term debt(4.7)
Employee taxes paid from shares withheld(8.6)(11.5)
Dividends paid to non-controlling interests(2.3)
Other financing activities(0.4)5.1

Item 1: Financial Statements (unaudited)

FAQ

What is Gates Industrial Corporation's share buybacks?
Gates Industrial Corporation (GTES) reported share buybacks of $16.6M in Q1 2026.
How has Gates Industrial Corporation's share buybacks changed year-over-year?
Gates Industrial Corporation's share buybacks increased by 27.7% year-over-year, from $13M to $16.6M.
What does share buybacks mean?
Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

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