Filing Flows › Gates Industrial (GTES) › Guidance history
Gates Industrial (GTES) guidance history: what it guided and what it reported
Gates Industrial gave guidance in 12 earnings releases on file since Feb 8, 2024. Its releases raised guidance 6 times and lowered it once.
Capital expenditures
The GAAP figure from the filings is shown for each period reported; it is not judged against the guide, which may leave items out (one-off payments, acquisitions).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $120M (Feb 12, 2026) → reaffirmed $120M (May 1, 2026) → reaffirmed $120M (Jul 31, 2026) → reaffirmed $120M (Oct 30, 2026) | — | to be reported | — |
| FY2025 | $120M (Feb 6, 2025) → reaffirmed $120M (Apr 30, 2025) → reaffirmed $120M (Jul 30, 2025) → reaffirmed $120M (Oct 29, 2025) | $73.2M (GAAP) | not judged | — |
| FY2024 | $100M (Feb 8, 2024) | $83.1M (GAAP) | not judged | — |
Adjusted EBITDA
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $775M–$835M (Feb 12, 2026) → reaffirmed $775M–$835M (May 1, 2026) | — | to be reported | — |
| FY2025 | $735M–$795M (Feb 6, 2025) → reaffirmed $735M–$795M (Apr 30, 2025) → raised $765M–$795M (Jul 30, 2025) → reaffirmed $770M–$790M (Oct 29, 2025) | — | — | — |
| FY2024 | $725M–$785M (Feb 8, 2024) | — | — | — |
Adjusted EPS
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.52–$1.68 (Feb 12, 2026) → reaffirmed $1.52–$1.68 (May 1, 2026) | — | to be reported | — |
| FY2025 | $1.36–$1.52 (Feb 6, 2025) → reaffirmed $1.36–$1.52 (Apr 30, 2025) → raised $1.44–$1.52 (Jul 30, 2025) → raised $1.48–$1.52 (Oct 29, 2025) | — | — | — |
| FY2024 | $1.28–$1.43 (Feb 8, 2024) | — | — | — |
The latest quarter
Gates Industrial, Q3 2026: revenue $904M (+6% year over year), operating margin 14.5%, net earnings $86.5M, operating cash flow $61.2M. The chart follows the revenue to costs, profit and cash.
Questions
Does Gates Industrial beat its guidance?
Gates Industrial gave guidance in 12 earnings releases on file since Feb 8, 2024. Its releases raised guidance 6 times and lowered it once.
How often does Gates Industrial raise guidance?
Its earnings releases raised guidance 6 times and lowered it once since Feb 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.