Hi @Jatast, thank you for the good question. All of Nexstim’s diagnostic business gross margins are included in Brainlab’s gross margin target. This means it includes diagnostic equipment sold directly by Nexstim, by Brainlab, and by any other possible distributors, as well as gross margins from the diagnostic business’s recurring revenue. Gross margins from the therapy, research, and neuroscience businesses are excluded in their entirety. This equation has not changed in any way from the 2025 gross margin calculation for the year 2026.
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