---
schema_version: "secwatch.filing_event.v1"
accession: "0001718512-21-000060"
form_type: "8-K"
ticker: "GTES"
cik: "0001718512"
company_name: "Gates Industrial Corp plc"
filed_at: "2021-11-08T23:59:59+00:00"
generated_at: "2026-06-28T11:37:52.221911+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Gates Industrial Q3 record revenue $862.4M (+21.1%); cuts FY margin outlook to 21.0-21.5%

## Summary
- Net sales $862.4M, up 21.1% YoY (core +19.0%); net income $70.2M ($0.23 diluted).
- Adjusted Net Income $92.0M ($0.31 diluted); Adj EBITDA $183.9M (+31.4%), margin 21.3% (+160 bps).
- Power Transmission sales $549.4M (+17.1%), Fluid Power $313.0M (+28.8%).
- Net leverage reduced to 2.7x from 4.8x; cash from ops $101.7M.
- FY2021 outlook: core revenue growth 20-22% maintained; Adj EBITDA margin lowered to 21.0-21.5% from 22.2-22.8%.

## SEC filing metadata
- accession: 0001718512-21-000060
- form_type: 8-K
- ticker: GTES
- cik: 0001718512
- company_name: Gates Industrial Corp plc
- filed_at: 2021-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718512/000171851221000060/0001718512-21-000060-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718512/000171851221000060/gtes-20211108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001718512-21-000060
- JSON: https://secwatch.observer/filing/0001718512-21-000060.json
- Plain text: https://secwatch.observer/filing/0001718512-21-000060.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.