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Gates Industrial Corporation GTES Standard Product Warranty Accrual
Standard Product Warranty Accrual 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:StandardProductWarrantyAccrual.
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 28,2026 | Three months ended / March 29,2025 |
|---|---|---|
| Balance as of the beginning of the period | $15.5 | $16.4 |
| Charge for the period | 2.1 | 2.1 |
| Payments made | (2.0) | (1.6) |
| Foreign currency translation | — | 0.1 |
| Balance as of the end of the period | $15.6 | $17.0 |
Item 1: Financial Statements (unaudited)
FAQ
- What is Gates Industrial Corporation's standard product warranty accrual?
- Gates Industrial Corporation (GTES) reported standard product warranty accrual of $15.6M in Q1 2026.
- How has Gates Industrial Corporation's standard product warranty accrual changed year-over-year?
- Gates Industrial Corporation's standard product warranty accrual decreased by 8.2% year-over-year, from $17M to $15.6M.
- What is the long-term trend for Gates Industrial Corporation's standard product warranty accrual?
- Over 5 years (2020 to 2025), Gates Industrial Corporation's standard product warranty accrual has grown at a -4.8% compound annual growth rate (CAGR), from $19.8M to $15.5M.
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