Operator

Greetings, and welcome to the Stem Inc. First Quarter 2026 Results Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce Erin Reed, Head of Investor Relations. Thank you. You may begin.

Erin Reed
Head of Investor Relations

Thank you, operator. Welcome to Stem's First Quarter 2026 Earnings Call. This is Erin Reed, Head of Investor Relations.

Before we begin, please note that some of the statements we will be making today are forward-looking. These statements involve risks and uncertainties that could cause our results to differ materially from those projected in these statements. For more information, we refer you to our latest 10-Q, 10-K, other SEC filings and supplemental presentation, which can be found on our Investor Relations website.

Our comments today also include non-GAAP financial measures. Additional details and the reconciliations to the most directly comparable GAAP financial measures can be found in our first quarter 2026 earnings release and supplemental materials, which are available on the company's Investor Relations website. Arun Narayanan, CEO; and Brian Musfeldt, CFO, will start the call today with prepared remarks, and then we will conduct a question-and-answer session.

And now I'll turn the call over to Arun.

Arun Narayanan
CEO & Director

Thank you, Erin. Good afternoon, everyone, and thank you all for joining us today.

When I spoke with you last during our fourth quarter and full year 2025 earnings call, I framed 2025 as a transformative year and 2026 as the year to demonstrate