The earnings call reflects a balanced sentiment with both positive and negative aspects. While Gates reported strong growth in personal mobility and an optimistic outlook for the data center market, challenges remain in the industrial OEM and Fluid Power segments. The company has effectively managed to improve its financial position with increased guidance and enhanced cash flow, yet sales declines in certain segments indicate areas of concern.

Company Guidance -

Q3 2025

In the second quarter of 2025, Gates Industrial Corporation reported robust financial performance with total sales of $884 million, a 0.6% decline on a core basis, and adjusted EBITDA at $199 million with a 22.5% margin. The company achieved a gross margin of 40.8%, maintaining above 40% for five consecutive quarters. Gates updated its 2025 guidance, raising the adjusted EBITDA midpoint to $780 million and adjusted EPS midpoint to $1.48. The net leverage ratio improved to 2.2x, and free cash flow increased by 11% year-over-year to $74 million. The Power Transmission segment generated revenues of $550 million, with personal mobility growing 18%, while the Fluid Power segment saw a 2.5% decrease, impacted by softer demand in construction and on-highway. For the third quarter, Gates expects total revenues between $845 million and $885 million, with an adjusted EBITDA margin increase of 50 to 90 basis points compared to Q3 2024.

Adjusted EBITDA and EPS Guidance Increase

Gates raised its adjusted EBITDA midpoint to $780 million and adjusted EPS midpoint to $1.48, indicating confidence in future performance despite macroeconomic uncertainties.

Strong Performance in Personal Mobility

The Personal Mobility segment grew 18% in the quarter, showing significant recovery and growth potential following a two-year destocking phase.

Improved Balance Sheet and Cash Flow

Net leverage declined to 2.2x, with a target of below 2x by year-end 2025. Free cash flow grew 11% year-over-year, and the company plans to pay down an additional $100 million of gross debt.

Data Center Market Opportunities

The company is gaining traction in the data center market with a pipeline approaching $150 million, highlighting successful product development and customer acquisition.

Gross Margin Expansion

Gross margin expanded by 40 basis points, maintaining above 40% for five consecutive quarters, indicating strong operational efficiency.

Gates Industrial (GTES) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GTES Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 31, 2025	2025 (Q3)	0.36 / -	0.33	―	―	―
Jul 30, 2025	2025 (Q2)	0.38 / 0.39	0.36	8.33% (+0.03)
Apr 30, 2025	2025 (Q1)	0.33 / 0.36	0.31	16.13% (+0.05)
Feb 06, 2025	2024 (Q4)	0.33 / 0.36	0.39	-7.69% (-0.03)
Oct 30, 2024	2024 (Q3)	0.30 / 0.33	0.35	-5.71% (-0.02)
Jul 31, 2024	2024 (Q2)	0.36 / 0.36	0.36	0.00% (0.00)
May 01, 2024	2024 (Q1)	0.32 / 0.31	0.25	24.00% (+0.06)
Feb 08, 2024	2023 (Q4)	0.28 / 0.39	0.25	56.00% (+0.14)
Nov 03, 2023	2023 (Q3)	0.31 / 0.35	0.31	12.90% (+0.04)
Aug 04, 2023	2023 (Q2)	0.33 / 0.36	0.32	12.50% (+0.04)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GTES Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 30, 2025	$24.76	$25.07	+1.25%
Apr 30, 2025	$17.98	$18.92	+5.23%
Feb 06, 2025	$20.77	$23.22	+11.80%
Oct 30, 2024	$18.26	$19.30	+5.70%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Gates Industrial Corp Plc (GTES) report earnings?

Gates Industrial Corp Plc (GTES) is schdueled to report earning on Oct 31, 2025, After Close (Confirmed).

What is Gates Industrial Corp Plc (GTES) earnings time?

Gates Industrial Corp Plc (GTES) earnings time is at Oct 31, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is GTES EPS forecast?

GTES EPS forecast for the fiscal quarter 2025 (Q3) is 0.37.

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