Gates Q2 2026 adjusted EPS rises 12.8% to USD 0.44; net sales increase 6.6% to USD 941.6 million - GTES News | RalliesGates Q2 2026 adjusted EPS rises 12.8% to USD 0.44; net sales increase 6.6% to USD 941.6 million
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GTES• Q2 results
- Gates posted Q2 2026 net sales of USD 942 million, up 6.6% year over year; adjusted EPS rose 13% to USD 0.44.
- Net income from continuing operations more than doubled to USD 178.2 million; GAAP EPS increased to USD 0.67 from USD 0.22.
- Adjusted EBITDA climbed to USD 211 million while the adjusted EBITDA margin held at 22.5% year over year.
Segment performance and full-year guidance
- Power Transmission net sales rose to USD 589 million on 5.3% core growth; adjusted EBITDA margin widened 0.6 percentage points to 22.9%.
- Full-year 2026 guidance increased to 2.5%-4.5% core sales growth, USD 800 million-USD 830 million adjusted EBITDA, and USD 1.62-USD 1.70 adjusted EPS.
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