Alexei Gogolev

When customers consider their contracts, what drives the decision between multi-year and annual contracts

Are the design centers increasing seats or are there new products being sold, new design teams being built

does this mean we should see a step up in free cash flow margin and free cash flow conversion in fiscal '28

Is there any seasonality in the commercial bookings, excluding Apartments.com? Just wondering if it's normal for that portion

Have you had a chance to speak to brokerage firms? What is their view on the Zillow's and

what does that mean for Homes.com spend in 2025? Do you expect the U.S. portion to be roughly similar to last year

Can you maybe talk about the changes that you've seen since Q1, maybe in cycle times or approvals, ramp deals

where is the investment concentrated in? Is it the agentic AI versus core ERP, courts or some implementation tooling?

Can you talk a bit more about partnerships that you have with various AI players

How have Tyler's sales cycle evolved since Q1? And what specific improvements are you observing in the pipeline as macro begins to improve?

I think in the past, you suggested that you had about 400 flips last year. And we're hoping to see about 550 this year. With 106 in Q1, are you still on track for that 550 target?

Could you perhaps elaborate on the announcements made by Fiserv at their recent earnings call around the expansion of their payments partnership with Tyler?

How much of that is coming from AWS, which I'm assuming is probably your main partner that you're collaborating with?

Do you still think you may get the commitment from the remaining 4 customers by mid of calendar '26

How do your customers rank those key elements when they consider Veeva's right to win against those LLM infrastructure peers

Can you maybe provide a bit more color what those new services will solve for your customers

how registrar promotional intensity in Q1, for example, for GoDaddy, your biggest customer or for other registrars, how it compared with 4Q

Would it be possible to give a bit more granularity in your assumptions? How much domain growth I assume for .com

it just seems like the midpoint of the guidance being a little bit conservative considering the trend that we're seeing

if you could comment on your intention to raise prices for .com. Have you made the decision to move to raise prices this year?