Gates Industrial Corporation plc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Gates Industrial Corporation plc (GTES). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Power Transmission | $1.80B 64.5% | $2.22B 63.8% · +23.1% | $2.17B 61.2% · -1.9% | $2.19B 61.4% · +0.8% | $2.11B 61.9% · -3.8% | $2.15B 62.4% · +1.9% |
| Fluid Power | $992.8M 35.5% | $1.26B 36.2% · +26.7% | $1.38B 38.8% · +9.7% | $1.38B 38.6% · -0.1% | $1.30B 38.1% · -5.7% | $1.30B 37.6% · -0.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| Developed | $1.79B 64.0% | $2.21B 63.7% · +23.9% | $2.28B 64.2% · +3.0% | $2.33B 65.4% · +2.3% |
| Emerging | $1.01B 36.0% | $1.26B 36.3% · +25.3% | $1.27B 35.8% · +1.0% | $1.24B 34.6% · -2.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.