Sr. Staff Architect | {"ats": "workday", "city": null, "state": null, "job_id": "/job/Spoke---Hyderabad/Sr-Staff-Architect_R213120", "remote": false, "category": "other", "function": "engineering", "l

company_statement / Sep 16, 2026 / receipt

After considering these mitigation strategies, the company estimates a remaining net impact of ~$100 million to ~$150 million to fiscal 2025 operating income

ir_statement / Sep 16, 2026 / receipt

If these tariff rates remain, they could result in a gross estimated incremental cost of ~$250 million to ~$300 million.

ir_statement / Sep 16, 2026 / receipt

Operating expense (% of net sales) Leverage slightly year-over-year

ir_statement / Sep 16, 2026 / receipt

The company currently has strategies to mitigate more than half of that amount.

ir_statement / Sep 16, 2026 / receipt

FY 2023 amounts primarily related to employee-related costs and consulting costs related to our previously announced actions to further simplify and optimize our operating model and structure.

ir_statement / Sep 16, 2026 / receipt

Represents the net impacts from changes to our European model. These impacts primarily include employee-related and lease-related costs.

ir_statement / Sep 16, 2026 / receipt

By building and sharpening our operational capabilities to improve effectiveness and efficiency, and in turn drive cost leverage and demand generation.

ir_statement / Sep 16, 2026 / receipt

Gross margin Approximately 150 to 170 bps of deleverage including an estimated 200 bps of net tariff impact

ir_statement / Sep 16, 2026 / receipt

Operating expense (% of net sales) Slight deleverage due to shift in timing of investments

ir_statement / Sep 16, 2026 / receipt

Operating margin 6.7% to 7.0% including an estimated 100-110 bps of net tariff impact

ir_statement / Sep 16, 2026 / receipt

FY 2023 amounts primarily related to employee-related costs and consulting costs related to our previously announced actions to further simplify and optimize our operating model and structure.

ir_statement / Sep 16, 2026 / receipt