Track how companies discuss tariffs and trade policies in their earnings calls, and understand their impact across different industries and regions.
the impact of tariffs, and continued investments in our commercial organization.
we are mindful of regulatory risk not just at the market level, but at the federal level given continued uncertainty over tariffs, immigration, and more.
This reflects the deliberate acceleration of strategic R&D investments in chemistry and informatics, along with the impact of regional sales mix and tariff surcharges.
Adjusted gross margin of 53.4% was down 140 basis points versus the prior year driven by approximately 170 basis points of tariffs.
The cargo market has shown tremendous resilience despite global trade tariffs and other geopolitical challenges.
The upcoming excise tax increases on heat not burn in April and October make 2026 an atypical year.
uncertainty on the economic impact from tariffs.
We estimate the gross impact of tariffs reduced our operating profit by 7% and was a 190 basis point headwind to our operating margin.
Actual results may differ materially... including fluctuations in foreign exchange rates and energy prices, changes in global economic and geopolitical conditions, tariff and trade policies...
This speaks to the resilience of our strategy, and it will continue to serve us well this year and in the long term regardless of the cycle.