Affirm Holdings, Inc.

Good afternoon. Welcome to the Affirm Holdings third quarter fiscal 2025 earnings call. Following the speaker's remarks, we will open the lines for your questions. As a reminder, the conference call is being recorded and a replay of the call will be available on our investor relations website for a reasonable period of time after the call. I'd like to turn the call over to Zane Keller, head of investor relations. Thank you. You may begin.

Thank you, operator. Before we begin, I would like to remind everyone listening that today's call may contain forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including those set forth in our filings with the SEC, which are available on our investor relations website. Actual results may differ materially from any forward-looking statements that we make today. These forward-looking statements speak only as of today, and the company does not assume any obligation or intent to update them except as required by law. In addition, today's call may include non-GAAP financial measures. These measures should be considered as a supplement to and not a substitute for GAAP financial measures. For historical non-GAAP financial measures, reconciliations to the most directly comparable GAAP measures can be found in our earnings supplement slide deck, which is available on our investor relations website. Posting today's call with me are Max Levchin, the firm's founder and chief executive officer, Michael Linford, the firm's chief operating officer, and Rob O'Hare, a firm's chief financial officer. In line with our practice in prior quarters, we will begin with brief opening remarks from Max before proceeding immediately into questions and answers. On that note, I will turn the call over to Max to begin.

Thank you, Zane. The quarter's results, of course, speak for themselves. We are pleased to improve our outlook for the current quarter and the fiscal year. This quarter is a good example of us leaning into growth opportunities with excellent credit quality and LTV characteristics while hitting our targets. As we continue our journey as a soon-to-be GAAP profitable business, we'll continue to be judicious in how we spend our hard-earned dollars. And as opportunities to take market share arise, we'll keep balancing growth and profitability. Back to you, Zane.