Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
the quarter included 50 basis points of headwinds from currency and the impacts from tariffs and rising material costs
We proactively secured supply to support both FPL and Energy Resources development plans, including the development of our national data center hub footprint.
Last year's first quarter benefited from approximately $15 million of tariff-related order pull forward from Canadian customers, which did not repeat this year.
We kind of go 360 degrees and come out in the same spot at the end of the day.
The conflict in the Middle East has created constraints that are clearly evident in the near term.
This includes approximately 80 basis points of headwind from tariffs and related FX versus the prior year.
the 50% Section 232 tariffs have had the most impact on aluminum gross profit margin as pricing for many common alloy aluminum products increased significantly without a corresponding significant increase in demand.
Tariffs increased product costs by $7 million in the quarter.
This is a heck of a headwind on a year-over-year basis from a gross perspective.
Adjusted gross margin for the first quarter was 70.5%, which represents a 100 basis point decline versus the first quarter of 2025 and primarily driven by tariffs as well as inventory charges related to the discontinuation of our POLARx Cryoablation system.