Operator

Good day, everyone, and welcome to the Open Lending Corporation's First Quarter 2026 Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. I'd now like to turn the call over to Ryan Gardella. Please go ahead.

Ryan Gardella

Thank you. Prior to the start of this call, the company posted their first quarter 2026 earnings release and supplemental slides to the investor website. In the release, you'll find reconciliations of non-GAAP financial measures to the most comparable GAAP financial measures discussed on this call.

Before we begin, I would like to remind you that this call may contain estimates or other forward-looking statements that represent the company's view as of today, May 7, 2026. Open Lending disclaims any obligation to update these statements to reflect future events or circumstances. Please refer to today's earnings press release and our filings with the SEC for more information concerning factors that would cause actual results to differ from those expressed or implied in such statements.

And now I will pass the call over to Jessica to give an update on the business and financial results for the first quarter 2026.

Jessica Buss
Chairman & CEO

Thanks, everyone, for joining us today on our first quarter 2026 earnings conference call. I am joined today by our CFO, Mass Monaco; and our Chief Underwriting Officer, Matt Sather. The first quarter marked another step forward in our operational execution and reinforce the impact of the changes we've been making across the organization. We believe that this progress is translating into certain momentum and supports our path towards a more durable, high-quality and more profitable portfolio of insured loans.