GTES · XBRL financial data

Gates Industrial financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (GTES's year ends in late December)

In millions of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 30, 2023	FY 2024Dec 28, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	2,793	3,474	3,554	3,570	3,408	3,443
Cost of revenue	1,758	2,135	2,304	2,211	2,050	2,072
Gross profit	1,035	1,339	1,251	1,359	1,359	1,372
Research and development	67	71	69	66	67	72
Selling, general and administrative	777	853	854	882	870	876
Other operating income (expense)	1	9	(0)	(0)	0	0
Operating income (loss)	211	484	384	463	479	465
Interest expense	154	134	139	163	156	126
Other income (expense)	14	(1)	13	(14)	18	1
Income tax expense (benefit)	(19)	18	15	28	108	63
Net income (loss)	79	297	221	233	195	251
Earnings per share, basic USD per share	0.27	1.02	0.78	0.86	0.75	0.98
Earnings per share, diluted USD per share	0.27	1.00	0.77	0.84	0.74	0.96
Weighted average shares, diluted millions of shares	292	297	288	276	265	261

Fiscal years (GTES's year ends in late December)

In millions of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 30, 2023	FY 2024Dec 28, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	521	658	578	721	682	812
Accounts receivable	695	708	809	768	723	744
Inventory	508	683	656	647	676	700
Prepaid and other current assets	153	211	221	235	197	182
Total current assets	1,907	2,279	2,277	2,401	2,306	2,482
Right-of-use asset	121	124	132	120	139	137
Goodwill	2,120	2,063	1,981	2,039	1,909	2,035
Total assets	7,426	7,533	7,192	7,255	6,786	7,151
Accrued liabilities	252	277	223	249	251	239
Current portion of long-term debt	43	38	37	37	39	36
Total current liabilities	726	856	752	779	722	735
Long-term debt	2,666	2,527	2,426	2,415	2,312	2,196
Lease liability, non-current	111	114	120	110	126	123
Total liabilities	4,241	4,052	3,748	3,711	3,446	3,462
Retained earnings	1,151	1,438	1,483	1,462	1,480	1,653
Total stockholders' equity	2,806	3,100	3,110	3,220	3,024	3,334
Total liabilities and equity	7,426	7,533	7,192	7,255	6,786	7,151
Common shares outstanding (cover page) millions of shares	291	291	283	264	255	254

Fiscal years (GTES's year ends in late December)

In millions of dollars	FY 2020Jan 2, 2021	FY 2021Jan 1, 2022	FY 2022Dec 31, 2022	FY 2023Dec 30, 2023	FY 2024Dec 28, 2024	FY 2025Dec 31, 2025
Net income (loss)	79	297	221	233	195	251
Stock-based compensation	20	25	44	27	29	27
Depreciation and amortization	219	223	217	218	217	214
Net cash from operating activities	309	382	266	481	380	478
Purchases of property and equipment	58	78	78	61	83	73
Net cash from investing activities	(78)	(86)	(91)	(82)	(104)	(119)
Proceeds from issuing common stock	3	5	16	19	15	10
Share repurchases	0	11	176	252	176	119
Proceeds from long-term debt	0	0	645	100	1,840	0
Repayments of long-term debt	331	91	677	120	1,948	123
Net cash from financing activities	(354)	(149)	(253)	(258)	(287)	(251)
Net change in cash	(113)	137	(80)	143	(39)	130

SIC 3560 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3560 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Quarter
Gates Industrial	831	904	61*	251.1M	Q3 FY26 10-QSep 26, 2026
Zurn Elkay Water Solutions	307	495	112*	165.1M	Q3 FY26 10-QSep 30, 2026
Flowserve	742	1,238	144*	126.8M	Q3 FY26 10-QSep 30, 2026
Madison Air Solutions	262	991	not reported	not reported	Q2 FY26 10-QJun 30, 2026
Timken	410	1,211	256*	68.6M	Q3 FY26 10-QSep 30, 2026
ESAB	189	825	73*	62.2M	Q3 FY26 10-QOct 2, 2026
Graco	140	586	165*	160.4M	Q3 FY26 10-QSep 25, 2026
Regal Rexnord	450	1,588	220*	66.6M	Q3 FY26 10-QSep 30, 2026
Nordson	113	818	249*	55.7M	Q3 FY26 10-QJul 31, 2026

Not investment advice. Not affiliated with the U.S. SEC.