Name: GTES Income Statement - Gates Industrial Corp. Revenue & EPS | Ledgeburg
Creator: Ledgeburg
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Revenue, Cost of Revenue, Gross Profit, Operating Expenses, Operating Income, Net Income, EPS Basic, EPS Diluted

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GTES - Gates Industrial Corp. PLC

USD | NYSE | Industrials

GTES Income Statement - Gates Industrial Corp. Revenue & EPS | Ledgeburg

(in millions of USD, except per-share data)	Q1 FY 26	Q4 FY 25	Q3 FY 25	Q2 FY 25	Q1 FY 25	Q4 FY 24	Q3 FY 24	Q2 FY 24	Q1 FY 24	Q3 FY 23	Q2 FY 23	Q4 FY 22	Q3 FY 22	Q2 FY 22	Q4 FY 21	Q3 FY 21	Q2 FY 21	Q3 FY 20	Q2 FY 20	Q1 FY 20	Q4 FY 19	Q3 FY 19	Q2 FY 19	Q1 FY 19	Q4 FY 18	Q3 FY 18	Q2 FY 18	Q1 FY 18	Q3 FY 17	Q2 FY 17
Revenues
Revenues	851.1	856.2	855.7	883.7	847.6	829.4	830.7	885.5	862.6	872.9	897.7	860.7	906.8	893.4	862.4	915.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

(in millions of USD, except per-share data)	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2019	FY2018
Revenues
Revenues	3,446.7	3,443.2	3,408.2	3,570.2	3,554.2	2,793.0	3,087.1	3,347.6
Cost of Revenue	2,081.6	2,071.5	2,049.7	2,211.3	2,303.6	1,758.3	1,944.6	2,017.0
Gross Profit	1,365.1	1,371.7	1,358.5	1,358.9	1,250.6	1,034.7	1,142.5	1,330.6
Operating Expenses
Research & Development	-	71.9	66.5	66.0	69.4	67.2	67.9	71.4
Selling General & Administrative	886.8	876.1	876.5	884.7
Operating Income
Operating Income	449.4	465.3	472.2	460.1	384.0	211.1	346.8	496.8
Non-Operating
Interest Income	-	-	-	-	-	-	-	-
Interest Expense	126.2	125.9	155.8	163.2	139.4	154.3
Tax & Net
Income Tax Expense	49.4	63.1	107.5	28.3	14.9	(19.3)	(495.9)	31.8
Net Income From Continuing Ops	274.9	277.1	220.5	257.0	242.9
Per Share
EPS Basic	-	0.98	0.75	0.86	0.78	0.27	2.38	0.86
EPS Diluted	0.97	0.96	0.74	0.84	0.77	0.27
Supplementary Data
EBITDA	666.7	679.1	689.1	677.6	601.2	429.7	569.0	715.3
EBIT	449.4	465.3	472.2	460.1	384.0	211.1

Source: SEC EDGAR company filings. Figures as reported (US GAAP)

Operating Expenses
Research & Development	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General & Administrative	226.9	209.5	219.2	231.2	216.2	226.4	217.2	221.2	211.7	213.4	232.1	199.7	209.1	235.2	217.4	214.2
Selling & Marketing	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
General & Administrative	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation & Amortization	55.7	54.7	53.6	53.3	52.2	54.1	53.7	54.5	54.6	54.0	54.5	53.2	55.8	55.1	54.7	56.9
Amortization of Intangibles	34.6	32.5	32.6	32.1	31.4	31.9	32.0	32.2	32.5	32.1	32.1	31.6	32.3	33.0	32.9	33.2
Other Operating Expenses	-	-	0.0	0.0	-	-	0.0	(0.1)	-	(0.1)	-	(0.1)	(0.1)	-	9.3	0.5	0.0
Total Operating Expenses	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Operating Income
Operating Income	109.9	108.3	115.4	115.8	125.8	106.3	115.9	133.3	116.7	125.9	87.3	103.8	112.7	68.4	130.5	149.1	128.6	63.9	3.4	58.4	68.0	76.7	101.9	100.2	119.8	117.8	140.9	118.3	99.9	94.4

Non-Operating
Interest Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expense	29.9	32.6	34.9	28.8	29.6	34.1	35.1	49.1	37.5	39.5	40.8	33.3	33.0	32.6	33.1	33.3	34.4	38.3
Income From Equity Investments	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Non-Operating Income	(2.1)	(4.3)	14.3	(6.8)	(2.4)	15.6	1.2	6.0	1.5	0.2	(0.3)	(3.1)	(8.1)	(0.6)	(1.9)	1.2	1.2
Pre-Tax Income	77.9	71.4	94.8	80.2	93.8	87.9	69.2	90.2	80.7	86.6	46.2	67.4	71.6	35.2	95.5	117.0	95.4

Tax & Net
Income Tax Expense	11.5	15.0	6.1	16.8	25.2	46.7	14.0	12.3	34.5	1.0	15.3	11.4	12.3	(2.2)	17.3	11.6	18.9	(16.0)	0.6	(16.1)	1.9	4.4	37.5	(539.7)	1.4	7.2	11.5	11.7	15.9	12.5
Net Income From Continuing Ops	66.4	56.4	88.7	63.4	68.6	41.2	55.2	77.9	46.2	85.6	30.9	56.0	59.3	37.4	78.2	105.4	76.5
Net Income From Discontinued Ops	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	66.2	56.3	88.6	63.1	68.3	41.1	55.1	77.6	46.1	85.5	30.6	56.0	59.1	37.3	78.0	105.8	76.4
Net Income Attributable To Parent	59.7	51.3	81.6	56.5	62.0	36.6	47.6	70.7	40.0	78.7	26.4	51.9	53.1	30.9	70.2	96.9
Less: Minority Interest	6.5	5.0	7.0	6.6	6.3	4.5	7.5	6.9	6.1	6.8	4.2	4.1	6.0	6.4	7.8	8.9	9.1
Less: Preferred Dividends	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income To Common Shareholders	59.7	51.3	81.6	56.5	62.0	36.6	47.6	70.7	40.0	78.7	26.4	51.9	53.1	30.9	70.2

Per Share
EPS Basic	0.24	-	0.32	0.22	0.24	-	0.18	0.27	0.15	0.30	0.09	0.18	0.19	0.11	0.24	0.33	0.23	0.14	(0.08)	0.12	-	0.12	0.07	2.12	-	0.21	0.30	0.09	0.05	0.08
EPS Diluted	0.23	-	0.31	0.22	0.24	-	0.18	0.26	0.15	0.29	0.09	0.18	0.19	0.10	0.23	0.33	0.23	0.14
Shares Basic	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shares Diluted	256.9	-	261.6	260.5	261.6	-	263.4	266.8	267.4	267.8	287.9	285.2	286.0	296.2	299.7	297.8	296.4	292.4

Supplementary Data
EBITDA	165.6	163.0	169.0	169.1	178.0	160.4	169.6	187.8	171.3	179.9	141.8	157.0	168.5	123.5	185.2	206.0	184.4	117.5	58.1	113.3	122.8	131.8	158.1	156.3	175.0	171.5	195.5	173.3	151.9	146.8
EBIT	109.9	108.3	115.4	115.8	125.8	106.3	115.9	133.3	116.7	125.9	87.3	103.8	112.7	68.4	130.5	149.1	128.6	63.9	3.4