Financial Performance - MeridianLink achieved solid Q1 results, including 10% Lending Software Solutions revenue growth[13] - Total revenue reached $815 million, a 5% year-over-year increase[14] - Adjusted Gross Margin grew by 54 basis points year-over-year to 74%[14] - Adjusted EBITDA Margin increased by 193 basis points year-over-year to 43%[14] - Free Cash Flow Margin significantly improved by 1,503 basis points year-over-year to 50%[17] Business Highlights - Lending Software Solutions demonstrated a strong Net Retention Rate (NRR) of 106%, the highest since Q2 2023[13] - Mortgage lending deals completed increased by nearly 90% year-over-year[22] Revenue Drivers - Lending Software Solutions revenue increased from $61 million in Q1 2024 to $67 million in Q1 2025[26] - Mortgage revenue increased from $54 million in Q1 2024 to $60 million in Q1 2025[26] Guidance - The company projects revenue between $326 million and $334 million for the year ending December 31, 2025, representing a growth of 3% to 6%[44] - Adjusted EBITDA is expected to be between $1315 million and $1375 million, a growth of 1% to 5%, with a margin of 40% to 41%[44]