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AppLovin Corporation (NASDAQ:APP ) Q1 2025 Earnings Conference Call May 7, 2025 5:00 PM ET Company Participants David Hsiao - Head, Investor Relations Adam Foroughi - Co-Founder, Chief Executive Officer & Chairperson Matt Stumpf - Chief Financial Officer Conference Call Participants Jason Bazinet - Citi Matthew Cost - Morgan Stanley Omar Dessouky - Bank of America Chris Kuntarich - UBS James Heaney - Jefferies Ralph Schackart - William Blair Matthew Thornton - FBN Securities Clark Lampen - BTIG Alec Brondolo - Wells Fargo Jim Callahan - Piper Sandler Martin Yang - Oppenheimer & Co Eric Sheridan - Goldman Sachs Rob Sanderson - Loop Capital David Hsiao Welcome to AppLovin's Earnings Call for the First Quarter ended March 31, 2025. I'm David Hsiao, Head of Investor Relations.