Key Highlights

  • Third quarter Revenue was USD 718 million against a USD 704.74 million estimate; EPS was USD 0.11 against USD 0.10.
  • Net income was USD 43.7 million against a net loss of USD 54.7 million, the third consecutive GAAP profitable quarter.
  • Active Members reached 10.9 million, average revenue per Active Member was USD 270 and purchase Volume was USD 38.5 billion.
  • Full-year 2026 revenue guidance was raised to a range of USD 2.792 billion to USD 2.802 billion.

What did Chime Financial (NASDAQ:CHYM) add to its member base while moving into a third consecutive quarter of GAAP profitability? Active Members reached 10.9 million, up 20% year over year, with a record 1.8 million net new members over the Trailing 12 Months and approximately 500,000 in the quarter. Revenue of USD 718 million compares with USD 543.5 million a year earlier and an estimate of USD 704.74 million, while EPS of USD 0.11 compares with an estimate of USD 0.10 and a loss of USD 0.15 per share a year ago.

Prime, Lending and the Revenue Mix

Chief executive Chris Britt described Chime Prime and the growing lending Business as deepening primary account relationships. The company said members earning USD 75,000 or more annually remain its fastest-growing segment and that Prime members generate more than double the average revenue per Active Member of the average member. Credit reached 29% of purchase volume.

Platform-related revenue grew 52% to USD 274 million on the scaling of MyPay and Instant Loans. MyPay origination volume reached a record USD 5.3 billion with loss rates around 1%, annualized revenue above USD 500 million and transaction profit of a record USD 80 million. Instant Loans reached annualized revenue above USD 115 million on USD 381 million of originations, and more than 20% of Active Members use the product.

Payments, Members and Product Additions

Payments revenue grew 22% to USD 444 million, or 26% when combined with Outbound Instant Transfer revenue. Purchase volume grew 19% to USD 38.5 billion, and 22% to USD 40 billion including that transfer volume. Average revenue per Active Member grew 10% to USD 270.

On the product side, Chime Invest was rolled out to all members, Visa Flex launched, joint accounts were introduced, and a new line of credit for Prime members is in testing. Chime Enterprise signed The Michaels Companies, Inc., with nearly 40,000 employees, and the City of Charleston as its first public-sector partner. Next year, the company plans an unsecured credit card and a paycard for Enterprise.

Earnings, Balance Sheet and Guidance

Gross profit was USD 646.1 million, a 90% gross margin, and transaction profit was USD 530.5 million, a 74% transaction margin. Net Income was USD 43.7 million, a net Margin of 6%, and adjusted EBITDA (non-GAAP) was USD 137.3 million, a 19% margin against USD 28.8 million and 5% a year earlier.

Cash and cash equivalents were USD 636.7 million at September 30, against USD 466.3 million at year end, with marketable securities of USD 546.3 million and a Warehouse Facility of USD 100.0 million. The pending Acquisition of Stride Bank, through its parent holding company, is scheduled to close in the first half of 2027, subject to regulatory approvals.

Raised guidance for the fourth quarter is revenue of USD 757 million to USD 767 million and adjusted EBITDA of USD 161 million to USD 166 million. Full-year 2026 adjusted EBITDA guidance is USD 519 million to USD 524 million.

Key Figures Side by Side

Revenue of USD 718 million sits alongside net income of USD 43.7 million, adjusted EBITDA of USD 137.3 million and 10.9 million Active Members.

Management named a full-year revenue range of USD 2.792 billion to USD 2.802 billion, described as 28% growth, and fourth quarter revenue growth between 27% and 29%. It also named the first-half 2027 target for closing the Stride Bank acquisition, with owning the bank Subsidiary cited as a way to accelerate product development and control of the member experience.