Every 10-Q that Gates Industrial Corporation Ltd. (GTES) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GTES and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GTES filings page.
Gates Industrial Corporation Ltd. reported stronger results for the quarter ended June 27, 2026. Net sales were $941.6 million, up from $883.7 million a year earlier, with growth in both Power Transmission and Fluid Power. Adjusted EBITDA was $211.4 million versus $199.2 million.
Profitability increased sharply: net income attributable to shareholders was $170.9 million, compared with $56.5 million, and diluted earnings per share were $0.67 versus $0.22. This was driven largely by $78.0 million of income tax benefit and a negative effective tax rate, reflecting discrete tax benefits from recognizing deferred tax assets, primarily in Luxembourg, in connection with the group’s redomiciliation.
As of June 27, 2026, Gates held $823.5 million in cash and cash equivalents and total debt with a carrying value of $2,233.5 million$108.8 million. The company repurchased and cancelled 1,633,005 shares for about $38.6 million and notes that roughly 68% of first-half sales came from aftermarket channels.
Gates Industrial Corporation plc reported Q1 2026 net sales of $851.1 million, essentially flat versus Q1 2025. Net income attributable to shareholders was $59.7 million, slightly below $62.0 million a year earlier, with diluted EPS at $0.23 versus $0.24.
Gross profit declined to $338.0 million as cost of sales rose faster than revenue, and Adjusted EBITDA fell to $177.4 million from $187.3 million, reflecting lower volumes despite pricing benefits. Operating cash flow improved to $30.2 million, and the company ended the quarter with $785.3 million in cash and cash equivalents against total debt of $2,228.5 million.
Power Transmission and Fluid Power segments both saw modest core sales declines but maintained Adjusted EBITDA margins above 20%. The effective tax rate dropped to 14.8%, helped by discrete tax benefits. The company also entered a definitive agreement to acquire the belts business of The Timken Company, expected to close in the third quarter of 2026.
Gates Industrial Corporation (GTES) reported Q3 results with net sales of $855.7 million, up modestly from $830.7 million. Operating income was $115.4 million. Net income attributable to shareholders rose to $81.6 million, and diluted EPS increased to $0.31 from $0.18, aided by a lower effective tax rate of 6.4% driven by net discrete tax benefits.
Profitability and segments: Gross profit was $341.6 million. Adjusted EBITDA reached $195.8 million (vs. $182.5 million), with Power Transmission at $122.1 million and Fluid Power at $73.7 million. Restructuring expenses were $6.5 million in the quarter (plus $0.4 million of related impairments), primarily severance and actions tied to footprint and cost reductions.
Cash and balance sheet: Operating cash flow for the nine months was $208.3 million. Cash and cash equivalents were $689.4 million, and total debt was $2,234.8 million (current and non‑current). Shares outstanding were 258.3 million as of October 27, 2025. Regional sales were broad-based, with growth in the U.S. and Greater China. Management continues actions to streamline operations and manage costs.