Form 8-K · Current Report · Filed 2026-05-06
Chime Reports Strong Q1 2026 Financial Results and Announces Share Repurchase Program
Chime Financial, Inc. reported strong financial results for the first quarter of 2026, with a 25% year-over-year revenue growth to $647 million, achieving its first quarter of GAAP profitability as a public company with net income of $53 million. The company also raised its full-year guidance and announced an additional $200 million share repurchase authorization. Key highlights include a 90% gross margin, 76% transaction margin, and an increase in active members to 10.2 million. The launch of Chime Prime, the company's premium membership tier, contributed to the growth in credit spend and improved retention. The share repurchase program allows Chime to buy back its Class A common stock from time to time, subject to market conditions and legal requirements.
- Filer
- Chime Financial, Inc. – Class A Common Stock CHYM · NASDAQ
- Filed
- Accession
- 0001795586-26-000035
- CIK
- 0001795586
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Reported Item
Market reaction
Close before filing
$20.79
Next session
-8.6%
Since filing
+59.1%
Latest close
$33.07
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from CHYM reporting the same item, with the next session's move:
Insider tape
Within 45 days of this filing, CHYM insiders reported 7 Form 4 transactions — net selling of $106K.
About Chime Financial, Inc. – Class A Common Stock
Chime Financial, Inc. – Class A Common Stock represents ownership in a U.S.-based financial technology company that offers mobile-first, consumer-focused banking services. Chime Financial, Inc. operates a digital banking platform delivered primarily through its mobile application, providing features such as online checking and savings accounts, fee-free overdraft up to certain limits, early access to direct deposits, automatic savings tools, and debit card-based payments. The company partners with regulated banks to deliver these services while focusing on user experience, low fees, and transparency in everyday money management. Chime Financial, Inc. targets mass-market consumers seeking accessible, app-driven alternatives to traditional retail banking, with capabilities including mobile payments, account alerts, and security and control features such as card locking. Founded in 2012 and headquartered in San Francisco, California, Chime Financial, Inc. plays a notable role in the broader fintech ecosystem by expanding access to digital banking solutions and competing with both incumbent banks and other neobanks.
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