| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 669.77 | 3.5% | 26.8% |
| Total Income | 669.77 | 3.5% | 26.8% |
| Expenditure | 648.45 | 7.9% | 55.5% |
| PBT | 28.06 | 48.0% | 103.0% |
| Net Profit | 27.85 | 47.9% | 103.0% |
| OPM | 3.18% | 3.95pp | |
| NPM | 4.16% | 4.10pp | |
| EPS | 0.07 | 50.0% | 101.0% |
Chime Reports Q2 2026 Financial Results with 27% Revenue Growth and Second Consecutive GAAP Profitability
06 Aug 2026 · 6 Aug, 1:50 am
Summary
Chime Financial reported a strong second quarter of 2026, with revenue growing 27% year-over-year to $670 million, exceeding guidance. The company achieved its second consecutive quarter of GAAP profitability, with net income of $28 million and a 4% net margin. Adjusted EBITDA was $102 million, and the Adjusted EBITDA margin expanded significantly to 15%. Management highlighted the accelerating growth driven by new products like Chime Prime and strong performance across key metrics such as Active Members and Purchase Volume. The company also raised its full-year 2026 revenue outlook.
Key Highlights
- 1
Chime reported revenue of $670 million for the second quarter of 2026, marking a 27% increase year-over-year.
- 2
The company achieved its second consecutive quarter of GAAP profitability with a net income of $28 million and a net margin of 4%.
- 3
Adjusted EBITDA was $102 million, with an expanded Adjusted EBITDA margin of 15%, a significant increase of more than 12 percentage points year-over-year.
- 4
Active Members grew 20% year-over-year to 10.4 million, with the addition of 1.7 million net new Active Members in the last year, a company record.
- 5
Average Revenue per Active Member (ARPAM) increased by 6% year-over-year to $260.
- 6
Purchase Volume (PV) growth accelerated to 17% year-over-year, reaching $38 billion.
- 7
The company raised its full-year 2026 revenue guidance to between $2.725 and $2.745 billion, representing 25% to 26% year-over-year growth.
Management Comments
Chris Britt
We delivered another strong quarter, with accelerating revenue growth, expanding margins, and a second consecutive quarter of GAAP profitability. The strong adoption of Chime Prime, continued momentum across our liquidity products, and major new Chime Enterprise employer partnerships show that our strategy is working. As we continue to expand our product portfolio and deepen member engagement, we believe we are well positioned to achieve our ambition to be the market leader in primary bank account relationships in the U.S. Over his 10-year tenure, Matt has been instrumental to the success of Chime. He drove our financial and investment strategy as we pioneered a new category and scaled our business through multiple private financing rounds, and guided us through our IPO and transition to a public company. His impact on Chime extended well beyond his role as CFO and, while we will all miss Matt, he has earned a well-deserved break. Mark is one of Chime’s most seasoned executives with deep knowledge of our business and financials. Having worked alongside Mark for more than 20 years, I know he has the experience to lead our finance team through this transition to a new CFO.
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