Global-E Online Ltd.

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Welcome to the GlobalEQ1 2026 Earnings Announcement Conference Call. This call is being simultaneously webcast on the company's website in the Investor section under News and Events. For opening remarks and introductions, I will now turn the call over to Alan Katz, GlobalE's Head of Investor Relations. Please go ahead.

Thank you, and good morning, everyone. With me on the call today are Amir Falkhat, Co-Founder and Chief Executive Officer, Ofer Koren, Chief Financial Officer, and Nir Devi, Co-Founder and President. Amir will begin with a review of the business results for the first quarter of 2026. Ofer will then review the financial results for the first quarter in more detail, followed by the company's updated outlook for the full year, as well as the Q2 outlook. He will then open the call for questions. Before I read the forward-looking statements, I'll note that we have posted an Excel-based metrics file on our IR website. This provides historical data for both financial information and KPIs that may be helpful as investors are researching the company. Please feel free to let me know if you have any feedback on this document. Moving on, certain statements we make today may constitute forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including those set forth in our 2025 Annual Report filed with the SEC. please refer to our press release issued today, May 13, 2026, for additional information. In addition, certain metrics we will discuss today are non-GAAP metrics. We believe that these measures provide useful information about operating results, enhance the overall understanding of past financial performance and future prospects, and allow for greater transparency with respect to key metrics used by management in its financial and operational decision-making. For more information on these non-GAAP financial measures, please see the reconciliations provided in our press release issued today. Throughout this call, we will also discuss a number of key performance indicators used by our management team. These and other KPIs are discussed in more detail in our press release issued today.