First-quarter adjusted gross margin was 45.6%, down about 60 basis points year‑over‑year, on a price‑cost timing impact—higher freight, tariff and material costs from geopolitical dynamics that shifted faster than we could surcharge customers and reprice orders, right? I own the margin miss, calling it timing, not trend. New surcharge rates and price increases are in place, backlog is being repriced and two sites have closed. We expect margins back on the prior full‑year path in the second half, though whether they fully return remains an open question.