Quarterly guidance

Revenue
$1.595 billion to $1.605 billion
Non-GAAP Income from Operations
$300 million to $310 million

Annual guidance

Organic Revenue Growth
15%, raised from 13% to 13.5% previously.
Reported Revenue Growth
20%, raised from 18% to 18.5% previously.
Non-GAAP Income from Operations
$1.19 billion to $1.2 billion, raised from $1.135 billion to $1.155 billion previously.
Free Cash Flow
$1.19 billion to $1.2 billion.

Outlook

AI adoption
Management believes voice AI is in the early stages with only 1% penetration, creating significant long-term tailwinds.
2027 Revenue
The company expects full year 2027 organic revenue growth of at least 10%.
2027 Profitability
The company expects 2027 non-GAAP income from operations of at least $1.35 billion.
Identity product
The company intends to launch its identity offering into general availability next year.
Messaging
Messaging remains the largest part of the business and its growth characteristics tend to drive the overall margin rate.