The operating leverage reflects the benefits of structural streamlining and disciplined expense management, partially offset by targeted investments and strategic growth initiatives.

Feb 4, 2026 / CFO / receipt, needs a key / Jim Hippel, CFO | earnings call 2026-02-04 | transcript 7ab75bbc-9adc-4a47-acee-ed6f5b445ccb | chars 16653-16835 | segment 16

This consistency reflects the benefits of structural streamlining and disciplined expense management partially offset by targeted investments and strategic growth initiatives.

Nov 5, 2025 / CFO / receipt, needs a key / Jim Hippel, CFO | earnings call 2025-11-05 | transcript c5703122-c07a-4b00-92da-57080056fa3f | chars 16073-16248 | segment 16

The decrease in relative SG&A and R&D was driven by operational efficiencies and diligent expense management, which was partially offset by ongoing strategic growth investments.

Aug 8, 2023 / CFO / receipt, needs a key / Jim Hippel, CFO | earnings call 2023-08-08 | transcript ba0d8520-cb61-45c1-bb34-64eb048af0ba | chars 20731-20908 | segment 19