Operator

Good day, and thank you for standing by. Welcome to the LendingTree, Inc. First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.

I would now like to hand the conference over to your speaker today, Andrew Wessel, Head of Investor Relations. Please go ahead.

Andrew Wessel
SVP of Investor Relations & Corporate Development

Thank you, Kelly, and hello to everyone joining us on the call to discuss our first quarter 2026 financial results. On with us today are Scott Peyree, our President and CEO; and Jason Bengel, our CFO. This afternoon, we posted a detailed letter to shareholders on our Investor Relations website. We have also posted a new investor presentation that we would encourage everyone to look at, on our website.

For the purposes of today's discussion, we will assume that listeners have gone through those materials and we'll focus on Q&A. Before I hand over the call to Scott for his remarks, I'll remind everyone that during this call, we may discuss LendingTree's expectations for future performance.

Any forward-looking statements that we make are subject to risks and uncertainties. And LendingTree's actual results could differ materially from the views expressed today. Many, but not all of the risks we face are described in our periodic reports filed with the SEC.

We will also discuss a variety of non-GAAP measures on the call. And I refer you to today's press release and shareholder letter, both available on our website for