Gates Industrial — Third Quarter 2026 Earnings Summary

Gates Industrial reported third-quarter 2026 net sales of $903.6 million, representing a 5.6% increase over the prior year period. The company achieved net income attributable to shareholders of $86.5 million, or $0.34 per diluted share, while adjusted net income per diluted share reached $0.47. Management raised its full-year 2026 guidance, projecting adjusted earnings per share between $1.66 and $1.72 and adjusted EBITDA between $809 million and $823 million. Segment results showed strong performance in Power Transmission with a 24.5% adjusted EBITDA margin and solid growth in Fluid Power sales.