“We probably have a little more underproduction on the earthmoving side in 2Q there as well. So that'll impact their cadence of margins as we go through the year. They'll actually, we'd expect them to actually build from a margin perspective and improve as we go through the remainder of the year.”

In context

“ncentives were very strong in terms of moving sales, and we had a really, really strong December based on some of those programs. We're going to expect to just given dynamics in the market that we'll probably see some continued price pressure, particularly in the early part of the year. I think if you look at our second quarter, we'd expect price pressures to continue. That moderates some, Angel, as you move through the year. Some of that's comps as well. You know, as we did some price action in the back half of 2025, the comps get a little bit easier on the construction and forestry side. That's what gives us that flat guide. Josh Beal: Yeah. Maybe one thing to add just on the C&F side. You brought up a point, Josh, in terms of a little more price pressure in 2Q where you could see that. We probably have a little more underproduction on the earthmoving side in 2Q there as well. So that'll impact their cadence of margins as we go through the year. They'll actually, we'd expect them to actually build from a margin perspective and improve as we go through the remainder of the year. 2Q probably being the most challenged, and then we start to, to Bill's point, we start to lapse some of the price actions that we took last year. So the comps get a little bit easier in the back half of the year as well. Thank you. Operator: Our next question comes from Megan Durkin from Wolfe Research. Megan Durkin: Okay. Alright. Thanks for taking the question. I'm wondering if you can maybe give us a little bit of hand-holding on margins. We're starting pretty slow, obviously, Q1 across all segments. How do you sort of see getting to the full-year guidance? And, again, this is a question that applies across the board, all three segments. Thank you. Josh Jepsen: Yeah. I mean, I think, you know, as you're seeing, you know, building a few full-year guides, it is a little bit, you know, at”