Inferra AI / Company / GTES
Gates Industrial Corp Ltd.
GTES · Industrials
Last earnings Oct 30, 2026
Key results
Net incomequarter
$81.6 million
Net income attributable to shareholders of $81.6 million, or $0.31 per diluted share.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Adjusted net incomequarter
$0.39
Adjusted Net Income per diluted share of $0.39.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Net income from continuing oper ations of $88.7 million, or a margin of 10.4%, an increase of 370 basis points .
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
(5) In July 2025, we received insurance recoveries related to a previously disclosed cybersecurity incident that occurred in February 2023 for which we previously excluded $5.2 million of expenses from Adjusted Net Income.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Revenuequarter
$855.7 million
Net sales $ 855.7 $ 830.7 $ 2,587.0 $ 2,578.8
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Gross marginquarter
$341.6 million
Gross profit 341.6 335.8 1,046.4 1,023.2
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
EPSquarter
$ 0.31
Diluted Earnings per share from continuing operations $ 0.31 $ 0.18 $ 0.77 $ 0.60
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
AI analysis
Q3 2025 · reported Oct 29, 2025
Based on: Earnings release + parent 8-K — transcript not held
Headline figures
| Metric | Q3 2025 | Prior qtr | Year ago |
|---|---|---|---|
| Net income | $81.6 million | $56.5 million | — |
| Adjusted net income | $0.39 | $56.5 million | — |
| Revenue | $855.7 million | $883.7 million | — |
| Gross margin | $341.6 million | $360.2 million | — |
| EPS | $ 0.31 | $0.22 | — |
Guidance · company-stated
Direction: Lowered
“These statements include, but are not limited to, statements related to expectations regarding the performance of the Company s business (including our ability to reduce our structural cost position) and financial results, statements regarding our revenue generation opportunities, statements regarding our growth initiatives, statements regarding our share repurchase authorization, and statements regarding our outlook for 2025.”
“Raising 2025 adjusted EPS guidance at the midpoint.”
“Jurek continued, We have raised our adjusted EPS guidance towards the high-end of the prior range.”
Classified from the release's primary full-year outlook statement.
Margin
Capital allocation
New $300 million share repurchase authorization announced.
Event summary
New $300 million share repurchase authorization announced
Based on: Earnings release + parent 8-K — transcript not held
Guidance & outlook
Direction: Lowered
Revenue: “These statements include, but are not limited to, statements related to expectations regarding the performance of the Company s business (including our ability to reduce our structural cost position) and financial results, statements regarding our revenue generation opportunities, statements regarding our growth initiatives, statements regarding our share repurchase authorization, and statements regarding our outlook for 2025.”
EPS — Raised (“Raising”)
“Raising 2025 adjusted EPS guidance at the midpoint.”
EPS — Raised (“raised”)
“Jurek continued, We have raised our adjusted EPS guidance towards the high-end of the prior range.”
Revenue — Lowered (“reduce”)
“These statements include, but are not limited to, statements related to expectations regarding the performance of the Company s business (including our ability to reduce our structural cost position) and financial results, statements regarding our revenue generation opportunities, statements regarding our growth initiatives, statements regarding our share repurchase authorization, and statements regarding our outlook for 2025.”
Classified from the release's primary full-year outlook statement.
Capital allocation
New $300 million share repurchase authorization announced.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Our balance sheet continued to improve as we paid down $100 million of gross debt during the quarter.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
The timing and actual number of shares repurchased will depend on a variety of factors, including price, available liquidity, general business and market conditions, tax considerations, and alternative investment opportunities.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Under the share repurchase program, repurchases can be made from time to time using a variety of methods, including but not limited to open market purchases and private negotiated transactions, all in compliance with the rules and regulations of the Securities and Exchanges Commission ( SEC ) and other applicable legal requirements.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
The repurchase program does not obligate the Company to acquire any specific dollar amount or number of ordinary shares, and the repurchase program may be suspended or discontinued at any time at the Company s discretion.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Specifically, the company anticipates the following Core sales growth in the range of +0.5% to +1.5% year-over-year Adjusted EBITDA of $770 million to $790 million Adjusted Earnings Per Share of $1.48 to $1.52 Capital Expenditures of approximately $120 million Free Cash Flow conversion of 80-90% Share-based metrics in the Company s guidance do not include the effect of any potential share repurchases.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Strategy & priorities
We are executing our footprint optimization initiatives and anticipate to reduce our structural cost position over the first half of next year.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
We are seeing solid revenue generation opportunities with our secular growth initiatives and are optimistic about our business prospects in the mid-term.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
These statements include, but are not limited to, statements related to expectations regarding the performance of the Company s business (including our ability to reduce our structural cost position) and financial results, statements regarding our revenue generation opportunities, statements regarding our growth initiatives, statements regarding our share repurchase authorization, and statements regarding our outlook for 2025.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Risks & headwinds
Such forward-looking statements are subject to various risks and uncertainties, including, among others, U.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
government policies, actions or legislation (including the imposition of tariffs), economic, political and other risks associated with international operations, risks inherent to the manufacturing industry, macroeconomic factors beyond the Company s control (including material and logistics availability, inflation, supply chain and labor challenges and end-market recovery), risks related to catastrophic events, continued operation of our manufacturing facilities, including as a result of cybersecurity attacks, our ability to forecast and meet demand and market acceptance of new products.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Additional factors that could cause the Company s results to differ materially from those described in the forward-looking statements can be found under the section entitled Risk Factors of the Company s Annual Report on Form 10-K for the fiscal year ended December 28, 2024, as supplemented by the risks and uncertainties set forth in the Company s Quarterly Report on Form 10-Q for the quarter ended March 29, 2025 and as such factors may be further updated from time to time in the Company s periodic filings with the SEC, which are accessible on the SEC s website at www.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
What changed vs prior quarter
Guidance direction — prior quarter: Raised; this quarter: Lowered
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Net income — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Adjusted net income — prior quarter passage and this quarter's passage are both cited.
SEC original ↗Gates Industrial Corp Ltd. — Earnings release (8-K exhibit)EX-99Oct 29, 2025
Competitors
Competitors & peers
Same GICS sector — classification peers, not declared competitors
Filings
31 documents- Q3 2026
- 8-KGTES
Oct 30, 2026
- Q2 2026
- 10-QGTES
- 8-KGTES
Jul 31, 2026
- 8-KGTES
Jul 16, 2026
- Q1 2026
- 8-KGTES
Jun 25, 2026
- 8-KGTES
Jun 10, 2026
- 10-QGTES
- 8-KGTES
- Q4 2025
- 10-KGTES
Feb 12, 2026
- 8-KGTES
Feb 12, 2026
- Q3 2025
- 10-QGTES
- 8-KGTES
Oct 29, 2025
- Q2 2025
- 10-QGTES
- 8-KGTES
Jul 30, 2025
- Q1 2025
- 8-KGTES
Jun 10, 2025
- 10-QGTES
- 8-KGTES
Apr 30, 2025
- Q4 2024
- 8-KGTES
Mar 31, 2025
- 10-KGTES
- 8-KGTES
- Q3 2024
- 8-KGTES
Dec 23, 2024
- 10-QGTES
- 8-KGTES
Oct 30, 2024
- Q2 2024
- 8-KGTES
Aug 20, 2024
- 10-QGTES
- 8-KGTES
Jul 31, 2024
- Q1 2024
- 8-KGTES
Jun 24, 2024
- 8-KGTES
Jun 17, 2024
- 8-KGTES
- 8-KGTES
May 23, 2024
- 8-KGTES
May 20, 2024
Earnings releases
10 documentsPresentations
0 documentsNo presentations for Gates Industrial Corp Ltd. are held in this edition of the library.
Transcripts
0 documentsNo transcripts for Gates Industrial Corp Ltd. are held in this edition of the library.
See also the earnings calendar for every tracked company’s next earnings date.