Q4 2025 adjusted revenue reached $2.44 billion, surpassing the high end of guidance. GAAP net income for Q4 2025 was $68 million, while adjusted net income was $316 million. Adjusted EBITDA for Q4 2025 stood at $592 million. Full-year 2025 adjusted revenue was $6.9 billion, with adjusted net income of $628 million. A three-year strategic alliance with Compass International Holdings was announced to expand housing inventory and streamline the home buying/selling experience. Brian Brown was appointed President, while retaining his roles as CFO and Treasurer, effective February 26, 2026. Integration efforts for the Redfin and Mr. Cooper acquisitions are ahead of schedule, with Redfin realizing $140 million in expense synergies. Purchase market share expanded to 5.5% in Q4 2025, up from 3.8% in the prior year. Total liquidity as of December 31, 2025, was $10.1 billion.