# Gates Industrial Corp Ltd.: overview

GTES · NYSE · CIK 1718512 · [Industrials](/sectors/industrials.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/gtes.md) · [Financials](/companies/gtes/financials.md) · [Filings](/companies/gtes/filings.md) · [Insiders](/companies/gtes/insiders.md)

Latest reported revenue: [$941.6m](/filings/0001628280-26-051411.md) for Q2 FY2026, three months to 2026-06-27, from the 10-Q filed Jul 31, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-051411).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-28) | Q4 FY2024 (2024-12-28) | Q1 FY2025 (2025-03-29) | Q2 FY2025 (2025-06-28) | Q3 FY2025 (2025-09-27) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-28) | Q2 FY2026 (2026-06-27) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [831](/filings/0001628280-25-047174.md) | [829 d](/filings/0001628280-26-007719.md) | [848](/filings/0001628280-26-029351.md) | [884](/filings/0001628280-26-051411.md) | [856](/filings/0001628280-25-047174.md) | [856 d](/filings/0001628280-26-007719.md) | [851](/filings/0001628280-26-029351.md) | [942](/filings/0001628280-26-051411.md) |
| Gross margin | % | [40.4%](/filings/0001628280-25-047174.md) | [40.4% d](/filings/0001628280-26-007719.md) | [40.7%](/filings/0001628280-26-029351.md) | [40.8%](/filings/0001628280-26-051411.md) | [39.9%](/filings/0001628280-25-047174.md) | [38.0% d](/filings/0001628280-26-007719.md) | [39.7%](/filings/0001628280-26-029351.md) | [41.0%](/filings/0001628280-26-051411.md) |
| Operating margin | % | [14.0%](/filings/0001628280-25-047174.md) | [13.2% d](/filings/0001628280-26-007719.md) | [14.8%](/filings/0001628280-26-029351.md) | [13.1%](/filings/0001628280-26-051411.md) | [13.5%](/filings/0001628280-25-047174.md) | [12.6% d](/filings/0001628280-26-007719.md) | [12.9%](/filings/0001628280-26-029351.md) | [14.0%](/filings/0001628280-26-051411.md) |
| Net margin | % | [5.7%](/filings/0001628280-25-047174.md) | [4.4% d](/filings/0001628280-26-007719.md) | [7.3%](/filings/0001628280-26-029351.md) | [6.4%](/filings/0001628280-26-051411.md) | [9.5%](/filings/0001628280-25-047174.md) | [6.0% d](/filings/0001628280-26-007719.md) | [7.0%](/filings/0001628280-26-029351.md) | [18.1%](/filings/0001628280-26-051411.md) |
| Diluted EPS | $ per share | [0.18](/filings/0001628280-25-047174.md) | not reported | [0.24](/filings/0001628280-26-029351.md) | [0.22](/filings/0001628280-26-051411.md) | [0.31](/filings/0001628280-25-047174.md) | not reported | [0.23](/filings/0001628280-26-029351.md) | [0.67](/filings/0001628280-26-051411.md) |
| Free cash flow | $m | [94.0 d](/filings/0001628280-25-047174.md) | [168 d](/filings/0001628280-26-007719.md) | [(10.2)](/filings/0001628280-26-029351.md) | [83.6 d](/filings/0001628280-26-051411.md) | [80.5 d](/filings/0001628280-25-047174.md) | [251 d](/filings/0001628280-26-007719.md) | [13.5](/filings/0001628280-26-029351.md) | [60.3 d](/filings/0001628280-26-051411.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2022-01-01) | FY2022 (2022-12-31) | FY2023 (2023-12-30) | FY2024 (2024-12-28) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [3,474](/filings/0001718512-24-000010.md) | [3,554](/filings/0001718512-25-000013.md) | [3,570](/filings/0001628280-26-007719.md) | [3,408](/filings/0001628280-26-007719.md) | [3,443](/filings/0001628280-26-007719.md) |
| Gross margin | % | [38.5%](/filings/0001718512-24-000010.md) | [35.2%](/filings/0001718512-25-000013.md) | [38.1%](/filings/0001628280-26-007719.md) | [39.9%](/filings/0001628280-26-007719.md) | [39.8%](/filings/0001628280-26-007719.md) |
| Operating margin | % | [13.9%](/filings/0001718512-24-000010.md) | [10.8%](/filings/0001718512-25-000013.md) | [12.9%](/filings/0001628280-26-007719.md) | [13.9%](/filings/0001628280-26-007719.md) | [13.5%](/filings/0001628280-26-007719.md) |
| Net margin | % | [8.6%](/filings/0001718512-24-000010.md) | [6.2%](/filings/0001718512-25-000013.md) | [6.5%](/filings/0001628280-26-007719.md) | [5.7%](/filings/0001628280-26-007719.md) | [7.3%](/filings/0001628280-26-007719.md) |
| Diluted EPS | $ per share | [1.00](/filings/0001718512-24-000010.md) | [0.77](/filings/0001718512-25-000013.md) | [0.84](/filings/0001628280-26-007719.md) | [0.74](/filings/0001628280-26-007719.md) | [0.96](/filings/0001628280-26-007719.md) |
| Free cash flow | $m | [305](/filings/0001718512-24-000010.md) | [188](/filings/0001718512-25-000013.md) | [420](/filings/0001628280-26-007719.md) | [297](/filings/0001628280-26-007719.md) | [405](/filings/0001628280-26-007719.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/gtes/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2024-08-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 646,199 | $16.58 | $10.7m | [Form 4](/filings/0000950170-24-100224.md) |
| 2024-08-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 2,804,217 | $16.58 | $46.5m | [Form 4](/filings/0000950170-24-100224.md) |
| 2024-08-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 45,521 | $16.58 | $754.7k | [Form 4](/filings/0000950170-24-100224.md) |
| 2024-08-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 13,294,543 | $16.58 | $220.4m | [Form 4](/filings/0000950170-24-100224.md) |
| 2024-08-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 13,748,723 | $16.58 | $228.0m | [Form 4](/filings/0000950170-24-100224.md) |
| 2024-05-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 425,837 | $16.33 | $7.0m | [Form 4](/filings/0000950170-24-064090.md) |
| 2024-05-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 1,847,949 | $16.33 | $30.2m | [Form 4](/filings/0000950170-24-064090.md) |
| 2024-05-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 29,998 | $16.33 | $489.9k | [Form 4](/filings/0000950170-24-064090.md) |
| 2024-05-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 8,760,958 | $16.33 | $143.1m | [Form 4](/filings/0000950170-24-064090.md) |
| 2024-05-21 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 9,060,258 | $16.33 | $148.0m | [Form 4](/filings/0000950170-24-064090.md) |
| 2024-02-16 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 513,673 | $12.045 | $6.2m | [Form 4](/filings/0000950170-24-017998.md) |
| 2024-02-16 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 2,229,118 | $12.045 | $26.8m | [Form 4](/filings/0000950170-24-017998.md) |
| 2024-02-16 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 36,186 | $12.045 | $435.9k | [Form 4](/filings/0000950170-24-017998.md) |
| 2024-02-16 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 10,568,044 | $12.045 | $127.3m | [Form 4](/filings/0000950170-24-017998.md) |
| 2024-02-16 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 10,929,079 | $12.045 | $131.6m | [Form 4](/filings/0000950170-24-017998.md) |
| 2023-12-13 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 365,003 | $11.15 | $4.1m | [Form 4](/filings/0000899243-23-020643.md) |
| 2023-12-13 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 1,583,956 | $11.15 | $17.7m | [Form 4](/filings/0000899243-23-020643.md) |
| 2023-12-13 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 25,713 | $11.15 | $286.7k | [Form 4](/filings/0000899243-23-020643.md) |
| 2023-12-13 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 7,509,392 | $11.15 | $83.7m | [Form 4](/filings/0000899243-23-020643.md) |
| 2023-12-13 | [Blackstone Inc.](/insiders/1393818.md) | 10% owner | Sale (S) | 7,765,936 | $11.15 | $86.6m | [Form 4](/filings/0000899243-23-020643.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

None of the funds in coverage reports a position in its latest 13F.

## Recent filings

[All 635 filings](/companies/gtes/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-30 | 16:18 ET | [10-Q](/filings/0001628280-26-068578.md) | Quarterly report, period 2026-09-26 | 0001628280-26-068578 |
| 2026-10-30 | 07:32 ET | [8-K](/filings/0001628280-26-068435.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-068435 |
| 2026-07-31 | 16:15 ET | [10-Q](/filings/0001628280-26-051411.md) | Quarterly report, period 2026-06-27 | 0001628280-26-051411 |
| 2026-07-31 | 07:37 ET | [8-K](/filings/0001628280-26-051221.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-051221 |
| 2026-07-16 | 16:19 ET | [8-K](/filings/0001628280-26-048464.md) | 8.01 Other events | 0001628280-26-048464 |
| 2026-06-25 | 17:13 ET | [8-K](/filings/0001628280-26-045597.md) | 5.07 Shareholder vote results; 7.01 Regulation FD disclosure; 8.01 Other events; 9.01 Financial statements and exhibits | 0001628280-26-045597 |
| 2026-06-10 | 16:44 ET | [8-K](/filings/0001628280-26-042272.md) | 5.07 Shareholder vote results | 0001628280-26-042272 |
| 2026-05-27 | 16:47 ET | [DEF 14A](/filings/0001628280-26-038478.md) | Proxy statement, period 2026-06-25 | 0001628280-26-038478 |
| 2026-05-01 | 16:19 ET | [10-Q](/filings/0001628280-26-029351.md) | Quarterly report, period 2026-03-28 | 0001628280-26-029351 |
| 2026-05-01 | 07:34 ET | [8-K](/filings/0001628280-26-029104.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001628280-26-029104 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-007719.md), filed Feb 12, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-27, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/93111fe8-bd82-4824-b345-954eea5c4d74)

## About the filer

- CIK: 1718512
- Tickers: GTES
- Exchange: NYSE
- SIC code: 3560 General Industrial Machinery & Equipment
- State of incorporation: D0
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 30, 2026, 16:27 ET. No prices; not investment advice.