Operator

Good day, and thank you for standing by. Welcome to the Q1 2026 Dropbox Earnings Conference Call. [Operator Instructions]

Please be advised that today's conference is being recorded. [Operator Instructions] I would now like to hand the conference over to your speaker today, Sarah Schubach, Chief Accounting Officer and Head of Investor Relations.

Sarah Schubach
Chief Accounting Officer

Good afternoon, and welcome to Dropbox's First Quarter 2026 Earnings Call. As a reminder, we will discuss non-GAAP financial measures on this call. Definitions and reconciliations between our GAAP and non-GAAP results can be found in our earnings release and our earnings presentation posted on our IR website at investors.dropbox.com.

We will also make forward-looking statements on this call, including statements about our future outlook for our second quarter and fiscal year 2026 as well as our expectations regarding our business, assets, strategies and the macroeconomic environment.

Such statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those described. Many of those risks and uncertainties are described in our SEC filings, including our most recent report on Form 10-K and forthcoming report on Form 10-Q.

Forward-looking statements represent our beliefs and assumptions only as of the date such statements are made. We disclaim any obligation to update any forward-looking statements, except as required by law.

I will now turn the call over to Dropbox's CEO and Co-Founder, Drew Houston.

Andrew Houston
Co-Founder, Interim President, CEO & Chairman

Thanks, Sarah, and good afternoon, everyone. Welcome to our Q1 2026 earnings call. Joining me today is