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Tariff Impact Tracker from Earnings Calls

Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.

IDEXX Laboratories

IDXX2025-11-03Veterinary DiagnosticsGlobal
Positive

IDEXX remains well positioned to navigate the ongoing changes in the trade landscape with a largely U.S.-based manufacturing footprint.

Supply Chain
The company is actively managing cost impacts and maintaining continuous supply to customers amid changes in trade policies.

S&P Global

SPGI2025-10-30Financial ServicesNorth America
Negative

Manufacturing revenue declined 3% year-over-year as tariffs and related uncertainty weighed on consulting revenues and discretionary spending at automotive OEMs.

Revenue Impact
Decline in manufacturing revenue attributed to the impact of tariffs and uncertainty affecting automotive OEMs.

ResMed

RMD2025-10-30HealthcareGlobal
Positive

We expect ongoing tariff relief should still apply for ResMed and for our many patients with important disabilities that need access to care.

Cost Impact
Tariff relief on medical supplies helps maintain lower costs for the company.
Financial Impact
Continued tariff relief is expected to support financial performance by ensuring accessibility of products.

First Solar

FSLR2025-10-30Renewable EnergyGlobal
Negative

The implementation of the Reconciliation Act earlier this year as well as the evolving universal and reciprocal tariff environment could potentially support a business case to establish one or more lines in the U.S. to finish front-end production initiated within our international fleet.

Cost Impact
Increased costs associated with tariffs on imports affecting pricing and margins.
Supply Chain
Tariff uncertainties are driving the company to onshore finishing operations to mitigate import risks.
Strategy
The need to adapt manufacturing strategies in response to tariffs and trade policy.

Reddit

REDDIT2025-10-30TechnologyGlobal
Negative

tariffs are on the minds of some of our customers. Efficiency is important.

Cost Impact
Tariffs may lead to increased costs for advertisers, affecting their spending on Reddit.

Tradeweb

TW2025-10-30Financial ServicesGlobal
Negative

clients drawing down their money market fund balances to tactically buy back shares in the market and increase spending ahead of potential tariffs.

Revenue Impact
Anticipation of tariffs leading clients to adjust their spending strategies.

Altria Group

MO2025-10-30TobaccoNorth America
Neutral

Despite this competitive landscape, Helix was steady in the third quarter, growing on reported shipment volume to over 42 million cans, representing an increase of nearly 1% versus the prior year.

Revenue Impact
Increased promotional activity by competitors has influenced shipment volumes and pricing strategies.
Cost Impact
Significant promotional spending has elevated costs in order to maintain market share against competitors.

Illumina

ILMN2025-10-30HealthcareGlobal
Negative

Tariffs impacted gross margins by roughly 220 basis points on a year-over-year basis.

Cost Impact
Increased costs due to tariffs negatively affecting gross margins.

WEC Energy Group

WEC2025-10-30UtilitiesNorth America
Positive

We believe the tariff is a key component to making Wisconsin a prime spot for data center investment.

Strategy
The proposed very large customer tariff aims to attract major customers while ensuring other customers are not subsidized.

Gilead

GILD2025-10-30BiotechnologyGlobal
Neutral

we continue to expect the impact of known tariffs to be manageable in 2025.

Financial Impact
The company anticipates that the effects of existing tariffs will not significantly hinder financial performance.
🔔Tracking Started: This page tracks tariff commentary from NYSE and NASDAQ companies with market capitalization above $10 billion, beginning April 2, 2025.