Operator:

Good afternoon and welcome to today's earnings call. At this time, all participants are in a listen-only mode. After the speakers' presentation, there will be a question-and-answer session. Please be advised that today's conference is being recorded.

I would now like to hand the conference over to our host. Please go ahead.

Investor Relations:

Thank you, operator. Good afternoon, everyone, and welcome to our quarterly earnings call. With me on today's call are our Chief Executive Officer and Chief Financial Officer. Before we begin, I'd like to remind you that today's discussion will contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those projected.

Chief Executive Officer:

Thank you, and good afternoon, everyone. We delivered another strong quarter, exceeding expectations on both the top and bottom lines. Revenue grew double digits year-over-year, driven by continued momentum across our core product categories and accelerating contributions from newer growth initiatives.

We're seeing strong customer engagement, and our investments in AI and platform infrastructure continue to compound. Operating margins expanded as we drove leverage on our growing revenue base while maintaining disciplined investment in our highest-return opportunities.

Chief Financial Officer:

Thanks. Total revenue for the quarter was up significantly year-over-year, comfortably above the high end of our prior guidance range. Gross margin expanded driven by favorable mix and ongoing efficiency programs. Operating expenses grew at a measured pace, reflecting our continued investment posture while delivering operating leverage.

We generated strong free cash flow during the quarter, and we returned capital to shareholders through both share repurchases and our dividend. Our balance sheet remains in excellent position, and we continue to invest aggressively in AI compute capacity to support customer demand.

Looking ahead, we expect continued strength across our platform. We are raising our full-year revenue and earnings outlook based on the momentum we are seeing.

Operator:

Thank you. We will now begin the question-and-answer session.

Analyst (Goldman Sachs):

Thanks for taking my question. Could you elaborate on the demand environment you're seeing for the back half of the year?

Chief Executive Officer:

Demand remains very healthy. We are seeing broad-based strength across customer segments, with particular acceleration in enterprise adoption of our newer AI-powered offerings.