Net sales for Q1 2026 were $592.1 million, a 1.1% increase compared to $585.4 million in Q1 2025. On a currency-neutral basis, sales decreased by 4.2% year-over-year. Net loss was $527.1 million, compared to a net income of $64.0 million in the prior-year period. The loss was largely attributed to a $727.7 million unrealized holding loss on the company's investment in Sartorius AG. Operating income improved to $34.1 million from $23.7 million in Q1 2025, despite top-line challenges.