Power Solutions International, Inc.

Good afternoon and welcome to Power Solutions International first quarter 2026 earnings conference call. Currently, all participants are in listen-only mode. A question and answer session will follow the formal presentation. As a reminder, this conference call is being recorded. I would now like to hand the conference over to Ken Jenk, VP Corporate Controller, PSI. You may begin.

Good afternoon and welcome to Power Solutions International's first quarter 2026 earnings conference call. Joining me on today's call are Dino Zykes, Chief Executive Officer, Ken Lee, Chief Financial Officer, and Dorothy Du, General Counsel. Statements made in today's discussion, as well as information provided from time to time by Power Solutions International, Inc., will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Among the factors that could cause Actual results to differ materially are the timing and ultimate conversion of power systems orders, including data center-related orders, quarterly variability in our product mix and corresponding gross margin, the cost, pace, and outcome of capacity ramp-up activities at our Wisconsin operation, demand in the oil and gas end market, supply chain, and component availability, macroeconomic, regulatory, and trade conditions, pending litigation and regulatory inquiries, and the other risks and uncertainties described in our most recent annual report on Form 10-K, our quarterly reports on Form 10-Q, and other filings with the SEC, all of which are incorporated by reference for purposes of today's call. The company undertakes no obligation to update any forward-looking statements except as required by law. We will also reference certain non-GAAP financial measures on today's call. Reconciliations to the most directly comparable GAAP measures are available in our earnings release and SEC filings. With that, I will turn the call over to Dino.

Good afternoon, everyone, and thank you for joining us. We appreciate your time today and your continued interest in PSI. For many of you, this is the first earnings conference call you have heard from PSI since December, 2024, uplifting to the NASDAQ stock market. I will start with a brief overview of our company and we'll then turn the call over to Ken to walk through our financial performance and our outlook. Company overview. Power Solutions International founded in 1985 and headquartered in Wooddale, Illinois, designs and manufactures emission-certified engines and integrated power systems across natural gas, propane, diesel, gasoline, and biofuels. The company has produced more than 1.5 million engines over its history and operates manufacturing and engineering facilities across Illinois, Wisconsin, Texas, and Michigan. PSI serves OEM customers across power systems industrial and transportation and markets, including data centers, standby power, oil and gas, material handling, and specialized vehicles. Over the past several years, PSIS has improved profitability, reduced its debt, strengthened its balance sheet, refinanced its credit facility, and uplisted to NASDAQ in December of 2024. In 2025, the company was added to the Russell 3000, Russell 2000, Russell Micro Cap and MSCI USA Small Cap Indices. The first quarter. Turning to the quarter, as Ken will describe in more detail, our first quarter results were below the strong prior year period, which had benefit from significant growth in our power systems business. The year-over-year declines in sales and profitability primarily reflected softer oil and gas demand the timing of certain power system treatments, and elevated production costs associated with a capacity ramp-up in our Wisconsin operations. At the same time, demand related to data center application remained solid, and gross margin improved sequentially from the fourth quarter of 2025, owing it in part to the company's efforts to improve operational efficiency in Wisconsin, but partially offset by unfavorable product mix. With that, I will turn the call over to Ken.