Key Highlights

  • Sales jumped 32% to USD 718 million this quarter, an acceleration from 27% growth in the prior quarter, and Gross Profit came to USD 646 million.
  • The company reported USD 44 million of net income, equal to a 6% margin, its third quarter in a row of positive GAAP results, along with adjusted EBITDA of USD 137 million.
  • Active Members increased 20% to 10.9 million, adding a record 1.8 million over twelve months, and average Revenue per member climbed 10% to USD 270.
  • Management lifted full-year 2026 revenue to USD 2.792 billion through USD 2.802 billion and adjusted EBITDA to USD 519 million through USD 524 million.

Platform and Payments Propel the Top Line

Chime Financial (NASDAQ:CHYM) reported its third-quarter numbers on November 4, 2026. Payments income rose 22% to USD 444 million, or 26% counting Outbound Instant Transfer revenue, and platform revenue jumped 52% to USD 274 million as MyPay and Instant Loans grew. The gross Margin registered 90%, and transaction profit, a non-GAAP metric, climbed 41% to USD 530 million, a 74% margin. Purchase Volume increased 19% to USD 38.5 billion, or 22% to USD 40 billion when Outbound Instant Transfer volume is included. The 6% net margin improved 16 points on the year, and the adjusted EBITDA margin of 19% widened 14 points.

MyPay and Instant Loans Reshape the Lending Mix

Chime offers low-fee banking and payments services, with deposits held at partner banks. MyPay originations reached a record USD 5.3 billion with loss rates close to 1%, producing annualized revenue above USD 500 million and a record USD 80 million of transaction profit. Instant Loans generated USD 381 million of originations, annualized revenue above USD 115 million, and usage by more than 20% of Active Members. Credit now represents 29% of purchase volume, close to double the level of a year earlier. Management put the lifetime value to Acquisition cost ratio at roughly 10 times across Active Members and said Prime members bring in more than twice the average revenue per member.

Raised Outlook and the Pending Stride Bank Acquisition

For the final quarter of 2026 the company forecasts revenue of USD 757 million to USD 767 million and adjusted EBITDA of USD 161 million to USD 166 million, a 21% to 22% margin. Full-year revenue growth is now seen at 28%, with an adjusted EBITDA margin near 19%. The purchase of Stride Bank is slated to finalize during the first half of 2027, pending regulatory clearance, and more than USD 100 million of yearly after-tax synergies are anticipated. Threats include dependence on bank partners, potential changes to interchange rules, credit losses on lending products and a history of net losses.

Where Things Stand

Growth came from a wider blend of payments and lending rather than one product. Chime Financial (NASDAQ:CHYM) lifted revenue 32% to USD 718 million as platform revenue climbed 52%, Active Members reached 10.9 million and the company posted its third consecutive profitable quarter. Credit exposure is rising as lending becomes central, with credit at 29% of purchase volume. Next checkpoints are fourth-quarter revenue against the USD 757 million to USD 767 million range, regulatory progress on Stride Bank and plans to introduce an unsecured credit card next year.