Revenue growth remains robust with interchange fees reaching $647.4M in 2026Q1, though profitability remains strained by an 80.7% efficiency ratio and rising credit provisions.
| Net Interest Income | 0 | 0 | 0 | 0 | 0 |
| NII Growth % | 0% | - | - | - | - |
| Net Interest Margin % | 0% | 0% | 0% | 0% | 0% |
| Interest Income | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 0 |
| Loan Loss Provision | 281.54M | 309.03M | 207.51M | 219.74M | 214.69M |
| Non-Interest Income | 2.32B | 2.19B | 1.67B | 1.28B | 1.01B |
| Non-Interest Income % | 100% | 100% | 100% | 100% | 100% |
| Total Revenue | 2.32B | 2.19B | 1.67B | 1.28B | 1.01B |
| Revenue Growth % | 24.8% | 30.69% | 30.88% | 26.73% | - |
| Non-Interest Expense | 3.04B | 2.92B | 1.53B | 1.29B | 1.27B |
| Efficiency Ratio | 131.16% | 133.43% | 91.32% | 101.26% | 126.17% |
| Operating Income | -1B | -1.04B | -62.2M | -235.78M | -478.7M |
| Operating Margin % | -43.32% | -47.56% | -3.72% | -18.44% | -47.45% |
| Operating Income Growth % | - | -1572.02% | 73.62% | 50.74% | - |
| Pretax Income | -969.68M | -1.01B | -22.73M | -202.97M | -470.59M |
| Pretax Margin % | -41.88% | -46.15% | -1.36% | -15.88% | -46.65% |
| Income Tax | -266K | 831K | 2.61M | 234K | -337K |
| Effective Tax Rate % | 0.03% | -0.08% | -11.48% | -0.12% | 0.07% |
| Net Income | -969.42M | -1.01B | -25.34M | -203.2M | -470.25M |
| Net Margin % | -41.87% | -46.18% | -1.51% | -15.89% | -46.61% |
| Net Income Growth % | - | -3884.91% | 87.53% | 56.79% | - |
| Net Income (Continuing) | -969.42M | -1.01B | -25.34M | -203.2M | -470.25M |
| EPS (Diluted) | -2.42 | -2.66 | -0.07 | -0.56 | -1.29 |
| EPS Growth % | - | -3721.84% | 87.57% | 56.59% | - |
| EPS (Basic) | - | -2.66 | -0.07 | -0.56 | -1.29 |
| Diluted Shares Outstanding | 400.48M | 2.36B | 364.42M | 364.42M | 364.42M |
Regulatory interchange fee compression
As reported in recent financial filings, Chime's revenue remains entirely concentrated in non-interest fee income, specifically interchange, which reached $647.4M in 2026Q1, representing a significant expansion from the $392.0M recorded in 2024Q1 as the platform successfully scales its transaction-based business model across its user base.
The total reliance on interchange fees suggests that Chime's earnings are highly sensitive to consumer spending velocity rather than interest rate environments. This lack of diversification into net interest income may limit the company's ability to hedge against potential downturns in discretionary debit card usage.
Based on the provided income statement data, the efficiency ratio has fluctuated wildly, reaching 80.7% in 2026Q1 after periods of extreme volatility, which indicates that the company has yet to establish a stable operating leverage profile while aggressively pursuing market share through heavy platform investment.
The erratic nature of the efficiency ratio suggests that management is prioritizing rapid user acquisition over consistent cost control. Investors should monitor whether the company can sustain these expense levels without further dilutive capital raises, given the historical inconsistency in operating income.
According to the company's quarterly disclosures, provision expense for loan losses rose to $78.9M in 2026Q1, up from $47.4M in 2024Q1, signaling that the firm is increasingly absorbing credit-related costs associated with its liquidity-advancing features like SpotMe as the user base expands.
While Chime does not operate as a traditional lender, the rising provision expense suggests that its overdraft-alternative products carry inherent credit risk that is now impacting the bottom line. This trend warrants further investigation into the long-term loss rates of these advances during periods of economic stress.
Financial statements reveal that 2025Q2 served as a major inflection point, characterized by a massive $930.6M operating loss and a net loss of $923.4M, which appears to be an outlier event that temporarily compressed the company's efficiency ratio to an unsustainable 2.6% level.
This period of extreme negative profitability suggests either a one-time accounting adjustment or a significant strategic pivot that disrupted the company's typical cost structure. Analysts should treat this quarter as a potential anomaly when modeling future earnings, as it deviates sharply from the surrounding periods.
Quick answers to the most common questions about buying CHYM stock.
Chime Financial, Inc. Class A Common Stock (CHYM) reported a net loss of $1.01B for the fiscal year ending 2025.
Chime Financial, Inc. Class A Common Stock (CHYM) reported an operating income of $-1040.0M, resulting in an operating profit margin of -47.6%. This margin reflects the operational efficiency of the business before interest and taxes.
Chime Financial, Inc. Class A Common Stock (CHYM) generated $1.88B in gross profit for the year, representing a gross profit margin of 85.9%. This demonstrates the company's core pricing power and production efficiency.