BDX · 10-Q · 2026Q2 · Full report

Supply Chain Constraints

BECTON DICKINSON & CO · 2026-08-06 · Importance 37 · Surprise 42

BD said major disruptions in sourcing, manufacturing or distribution could affect product availability and results. The Middle East conflict had not significantly affected global supply or distribution as of the filing, but transportation-lane and energy-supply disruptions could raise costs, constrain raw-material and component sourcing, and delay customer deliveries. Tariffs adversely affected third-quarter operating expense and are expected to continue affecting fiscal 2026 and potentially later periods, particularly for products and components imported from non-exempt countries. BD is pursuing sourcing optimization and tariff exemptions as mitigation, while noting that the timing and effectiveness of these actions remain uncertain.