$CHYM · Chime Financial, Inc.
Chime Financial reported Q3 FY2026 (ended Sept 30, 2026) revenue of $718M, up 32.1% year over year, with gross margin of 90.0% and operating margin of 4.8%. Net income was $43.7M ($0.11 diluted EPS) versus a $54.7M loss a year earlier. Nine-month revenue reached $2.04B with net income of $125.0M, reversing a $965.2M loss in the prior-year period.
- Q3 revenue rose 32.1% YoY to $718M; nine-month revenue hit $2.04B.
- Q3 net income was $43.7M ($0.11 diluted EPS) versus a $54.7M loss a year ago.
- Nine-month net income of $125.0M reversed a $965.2M prior-year loss.
- Gross margin was 90.0% and operating margin 4.8% for the quarter.
- Product obligation maximum exposure rose to $915.8M from $722.3M at year-end 2025.
Shares traded down 2.22% after hours to $29.51 despite the profit swing, suggesting investors may be weighing the rising product-obligation exposure or broader market conditions.
Chime's first sustained profitability inflection, with nine-month net income of $125M reversing a $965M loss, marks a key milestone for the newly public fintech.
Chime's swing to profitability and 32% revenue growth positions it favorably among fintech neobanks, though its $915.8M product-obligation exposure reflects growing credit risk in its MyPay and Instant Loans products.
Product obligation maximum exposure grew to $915.8M from $722.3M at year-end, reflecting rising credit risk in MyPay, Instant Loans, and SpotMe. The company also carries a $3.25B accumulated deficit and a U.S. valuation allowance on deferred tax assets.