Chime posts 32% Q3 revenue growth, GAAP profit and lifts 2026 outlook while acquisition of Stride Bank stays on track
Chime Financial reported third‑quarter 2026 revenue of $718 million, up 32% year over year, and GAAP net income of $44 million, marking its third consecutive profitable quarter. Active members rose 20% to 10.9 million, with platform revenue climbing 52% to $274 million. The company raised its full‑year 2026 revenue guidance to $2.792‑$2.802 billion and adjusted‑EBITDA guidance to $519‑$524 million, and said the pending Stride Bank acquisition remains on schedule to close in the first half of 2027, targeting more than $100 million of annual synergies.
Why it matters
The raised revenue and EBITDA outlook signals stronger growth and profitability than previously expected, which could support a higher valuation for CHYM. The expected $100 million‑plus synergies from the Stride Bank acquisition may further improve margins once the deal closes, according to the company’s filing.
Key facts
- 1Revenue grew 32% year over year to $718 million. sec.gov
- 2GAAP net income was $44 million, a net margin of 6%. sec.gov
- 3Active Members increased 20% year over year to 10.9 million. sec.gov
- 4Platform‑related revenue grew 52% year over year to $274 million. finance.yahoo.com
- 5MyPay revenue rose 54% and generated $80 million of transaction profit. finance.yahoo.com
- 6Instant Loans produced $115 million of annualized revenue. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.