Chime Financial (CHYM) Q4 2025 earnings summary

Executive summary

• Achieved 31% year-over-year revenue growth in 2025, surpassing guidance, with 9.5 million active members and strong operating leverage.

• Completed migration to proprietary ChimeCore, reducing transaction processing costs by 60%, enabling faster innovation, and supporting an 89% gross margin.

• Launched new products including Chime Card, MyPay, and expanded liquidity offerings, driving higher engagement and monetization.

• MyPay scaled to over $400 million in annualized revenue with a 1% loss rate and nearly 60% transaction margin.

• Recognized as the market leader in new checking account openings and top brand in online banking for mainstream America.

Financial highlights

• Q4 2025 revenue was $596 million, up 25% year-over-year; full year revenue reached $2.2 billion, up 31%.

• Q4 gross profit was $530 million (89% margin); full year gross profit was $1.9 billion (88% margin).

• Adjusted EBITDA for Q4 was $57 million (10% margin), with a 12 percentage point improvement year-over-year; full year Adjusted EBITDA was $127 million (6% margin).

• Q4 transaction profit was $427 million (72% margin); full year transaction profit was $1.5 billion (69% margin).

• Non-GAAP operating expenses as a percent of revenue fell 9 percentage points year-over-year in Q4.

Outlook and guidance

• Q1 2026 revenue expected between $627–$637 million (21–23% growth); Adjusted EBITDA $90–$95 million (14–16% margin).

• Full year 2026 revenue guidance: $2.63–$2.67 billion (20–22% growth); Adjusted EBITDA $380–$400 million (14–15% margin), with incremental margin over 55%.

• Expects to achieve first full year of GAAP net income profitability in 2026.

• Plan to add approximately 1.4 million net new active members in 2026.