Revenue and net income both hit record highs, exceeding expectations, primarily driven by customer growth, ARPA improvement, and cost control. Revenue $5B (record high), Net income $871M (+41% YoY), Efficiency ratio <18% (record low). Credit portfolio grew 40% YoY to $37.2B. AI transformation has entered the deployment phase; the nuFormer model is already used for credit decisions in Brazil and Mexico, boosting engineering throughput by 50%. Mexico surpassed 15M customers and achieved IFRS profitability for the first time; Brazil SME customers reached 5M. High-income customer penetration is accelerating, with 2 out of 5 high-income individuals in Brazil now being customers. U.S. expansion OpEx cap is <100bps. Full-year efficiency ratio is expected at approximately 20%, and the IFRS effective tax rate will converge to 15–20%. Risk-adjusted NIM will normalize as seasonality fades. Management emphasized that the increase in provisions is due to seasonality, growth, and portfolio mix, not credit deterioration; the highlights are that AI actual output and the Mexico profitability inflection point exceeded expectations.