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Side-by-side financial comparison of Gates Industrial Corp plc (GTES) and Playtika Holding Corp. (PLTK). Click either name above to swap in a different company.

Gates Industrial Corp plc is the larger business by last-quarter revenue ($851.1M vs $678.8M, roughly 1.3× Playtika Holding Corp.). Gates Industrial Corp plc runs the higher net margin — 7.8% vs -45.6%, a 53.3% gap on every dollar of revenue. On growth, Playtika Holding Corp. posted the faster year-over-year revenue change (4.4% vs 1.1%). Over the past eight quarters, Playtika Holding Corp.'s revenue compounded faster (2.1% CAGR vs -2.0%).

Gates Industrial Corporation plc, based in Denver, Colorado, is a manufacturer of power transmission belts and fluid power products, which are used in diverse industrial and automotive applications. The company employs over 15,000 and has sales and manufacturing operations in North and South America, Europe, Asia, Australia, and the Middle East.

Playtika Holding Corp. is an Israeli digital entertainment company specializing in the development and publication of mobile games. In 2021, Playtika had over 35 million monthly active users.

GTES vs PLTK — Head-to-Head

Bigger by revenue
GTES
GTES
1.3× larger
GTES
$851.1M
$678.8M
PLTK
Growing faster (revenue YoY)
PLTK
PLTK
+3.3% gap
PLTK
4.4%
1.1%
GTES
Higher net margin
GTES
GTES
53.3% more per $
GTES
7.8%
-45.6%
PLTK
Faster 2-yr revenue CAGR
PLTK
PLTK
Annualised
PLTK
2.1%
-2.0%
GTES

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GTES
GTES
PLTK
PLTK
Revenue
$851.1M
$678.8M
Net Profit
$66.2M
$-309.3M
Gross Margin
39.7%
72.5%
Operating Margin
-41.4%
Net Margin
7.8%
-45.6%
Revenue YoY
1.1%
4.4%
Net Profit YoY
-3.7%
-1752.1%
EPS (diluted)
$-0.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
GTES
GTES
PLTK
PLTK
Q1 26
$851.1M
Q4 25
$856.2M
$678.8M
Q3 25
$855.7M
$674.6M
Q2 25
$883.7M
$696.0M
Q1 25
$847.6M
$706.0M
Q4 24
$829.4M
$650.3M
Q3 24
$830.7M
$620.8M
Q2 24
$885.5M
$627.0M
Net Profit
GTES
GTES
PLTK
PLTK
Q1 26
$66.2M
Q4 25
$51.3M
$-309.3M
Q3 25
$81.6M
$39.1M
Q2 25
$56.5M
$33.2M
Q1 25
$62.0M
$30.6M
Q4 24
$36.6M
$-16.7M
Q3 24
$47.6M
$39.3M
Q2 24
$70.7M
$86.6M
Gross Margin
GTES
GTES
PLTK
PLTK
Q1 26
39.7%
Q4 25
38.0%
72.5%
Q3 25
39.9%
73.6%
Q2 25
40.8%
71.9%
Q1 25
40.7%
72.0%
Q4 24
40.4%
72.5%
Q3 24
40.4%
72.9%
Q2 24
40.4%
73.2%
Operating Margin
GTES
GTES
PLTK
PLTK
Q1 26
Q4 25
12.8%
-41.4%
Q3 25
13.5%
14.6%
Q2 25
13.1%
15.8%
Q1 25
14.7%
9.6%
Q4 24
13.6%
8.5%
Q3 24
13.6%
15.7%
Q2 24
15.4%
22.4%
Net Margin
GTES
GTES
PLTK
PLTK
Q1 26
7.8%
Q4 25
6.0%
-45.6%
Q3 25
9.5%
5.8%
Q2 25
6.4%
4.8%
Q1 25
7.3%
4.3%
Q4 24
4.4%
-2.6%
Q3 24
5.7%
6.3%
Q2 24
8.0%
13.8%
EPS (diluted)
GTES
GTES
PLTK
PLTK
Q1 26
Q4 25
$0.19
$-0.83
Q3 25
$0.31
$0.11
Q2 25
$0.22
$0.09
Q1 25
$0.24
$0.08
Q4 24
$0.15
$-0.04
Q3 24
$0.18
$0.11
Q2 24
$0.26
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GTES
GTES
PLTK
PLTK
Cash + ST InvestmentsLiquidity on hand
$785.3M
$684.2M
Total DebtLower is stronger
$2.4B
Stockholders' EquityBook value
$3.4B
$-411.4M
Total Assets
$7.1B
$3.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GTES
GTES
PLTK
PLTK
Q1 26
$785.3M
Q4 25
$812.1M
$684.2M
Q3 25
$689.4M
$587.9M
Q2 25
$719.7M
$500.9M
Q1 25
$640.2M
$434.8M
Q4 24
$682.0M
$565.8M
Q3 24
$574.4M
$1.1B
Q2 24
$579.7M
$710.3M
Total Debt
GTES
GTES
PLTK
PLTK
Q1 26
Q4 25
$2.2B
$2.4B
Q3 25
$2.2B
$2.4B
Q2 25
$2.3B
$2.4B
Q1 25
$2.3B
$2.4B
Q4 24
$2.4B
$2.4B
Q3 24
$2.4B
$2.4B
Q2 24
$2.3B
$2.4B
Stockholders' Equity
GTES
GTES
PLTK
PLTK
Q1 26
$3.4B
Q4 25
$3.3B
$-411.4M
Q3 25
$3.4B
$-74.8M
Q2 25
$3.3B
$-87.8M
Q1 25
$3.1B
$-117.2M
Q4 24
$3.0B
$-131.1M
Q3 24
$3.1B
$-98.0M
Q2 24
$3.2B
$-112.9M
Total Assets
GTES
GTES
PLTK
PLTK
Q1 26
$7.1B
Q4 25
$7.2B
$3.7B
Q3 25
$7.1B
$3.7B
Q2 25
$7.2B
$3.6B
Q1 25
$6.9B
$3.6B
Q4 24
$6.8B
$3.6B
Q3 24
$7.1B
$3.2B
Q2 24
$7.0B
$3.2B
Debt / Equity
GTES
GTES
PLTK
PLTK
Q1 26
Q4 25
0.67×
Q3 25
0.66×
Q2 25
0.72×
Q1 25
0.75×
Q4 24
0.78×
Q3 24
0.76×
Q2 24
0.73×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
GTES
GTES
PLTK
PLTK
Operating Cash FlowLast quarter
$30.2M
$285.9M
Free Cash FlowOCF − Capex
$275.2M
FCF MarginFCF / Revenue
40.5%
Capex IntensityCapex / Revenue
0.3%
1.6%
Cash ConversionOCF / Net Profit
0.46×
TTM Free Cash FlowTrailing 4 quarters
$531.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GTES
GTES
PLTK
PLTK
Q1 26
$30.2M
Q4 25
$269.8M
$285.9M
Q3 25
$98.0M
$116.9M
Q2 25
$103.0M
$146.1M
Q1 25
$7.3M
$18.8M
Q4 24
$190.9M
$153.1M
Q3 24
$115.9M
$156.9M
Q2 24
$93.8M
$150.5M
Free Cash Flow
GTES
GTES
PLTK
PLTK
Q1 26
Q4 25
$251.0M
$275.2M
Q3 25
$80.5M
$106.5M
Q2 25
$83.6M
$141.3M
Q1 25
$-10.2M
$8.4M
Q4 24
$167.6M
$140.3M
Q3 24
$94.0M
$152.1M
Q2 24
$71.9M
$141.2M
FCF Margin
GTES
GTES
PLTK
PLTK
Q1 26
Q4 25
29.3%
40.5%
Q3 25
9.4%
15.8%
Q2 25
9.5%
20.3%
Q1 25
-1.2%
1.2%
Q4 24
20.2%
21.6%
Q3 24
11.3%
24.5%
Q2 24
8.1%
22.5%
Capex Intensity
GTES
GTES
PLTK
PLTK
Q1 26
0.3%
Q4 25
2.2%
1.6%
Q3 25
2.0%
1.5%
Q2 25
2.2%
0.7%
Q1 25
2.1%
1.5%
Q4 24
2.8%
2.0%
Q3 24
2.6%
0.8%
Q2 24
2.5%
1.5%
Cash Conversion
GTES
GTES
PLTK
PLTK
Q1 26
0.46×
Q4 25
5.26×
Q3 25
1.20×
2.99×
Q2 25
1.82×
4.40×
Q1 25
0.12×
0.61×
Q4 24
5.22×
Q3 24
2.43×
3.99×
Q2 24
1.33×
1.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GTES
GTES

Segment breakdown not available.

PLTK
PLTK

Third Party Platform$428.7M63%
Other$158.8M23%
Asia Pacific$52.7M8%
Other Geographic Location$38.6M6%

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