Look, FY2025 was a deep cyclical trough — revenue $5.995B, down 15% from $7.082B, total gross margin 33.1% from 45.4%. But the compression wasn't broad. Power Solutions margin fell ~2,250 bps over two years to 24.5% on SiC and power cycle pressure. Intelligent Sensing fell ~3,360 bps to 15.1%. Analog and Mixed-Signal actually rose ~460 bps to 51.1%. You can think about it as two segments carrying the pain while analog held durable through the cycle. We'll see how that plays out.