Dropbox, Inc. (DBX) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.798 Hello, and welcome to Dropbox first quarter 2025 earnings conference call. 00:00:05.798 -- 00:00:09.543 At this time, all participants are in a listen-only mode. 00:00:09.543 -- 00:00:14.149 After the speaker's presentation, there will be a question and answer session. 00:00:14.149 -- 00:00:19.416 To ask the question during the session, you will need to press star 11 on your telephone. 00:00:19.416 -- 00:00:23.281 You will then hear an automated message advising your hand is raised. 00:00:23.281 -- 00:00:27.554 To withdraw your question, please press star 11 again. 00:00:27.554 -- 00:00:30.977 I would now like to turn the conference over to Peter Stabler. 00:00:30.977 -- 00:00:33.339 Sir, you may begin. 00:00:33.339 -- 00:00:38.343 Good afternoon, and welcome to Dropbox's first quarter 2025 earnings call. 00:00:38.343 -- 00:00:42.827 As a reminder, we will disclose non-GAAP financial measures on this call. 00:00:42.827 -- 00:00:47.892 Definitions and reconciliations between our GAAP and non-GAAP results can 00:00:47.892 -- 00:00:52.976 be found in our earnings release and our earnings presentation posted on our IR 00:00:52.976 -- 00:00:55.857 website at investors.dropbox.com. 00:00:57.659 -- 00:01:01.385 We will also make forward-looking statements on this call, including statements about 00:01:01.385 -- 00:01:06.533 our future outlook for our second quarter and fiscal year 2025, as well 00:01:06.533 -- 00:01:11.621 as our expectations regarding our business, assets, strategies, and the 00:01:11.621 -- 00:01:14.563 macroeconomic environment. 00:01:14.827 -- 00:01:19.414 Such statements are subject to known and unknown risks and uncertainties that could cause 00:01:19.414 -- 00:01:23.978 actual results to differ materially from thos...