Chime Q2 revenue rises 27% to $670 million; full-year outlook raised
Chime reported second-quarter 2026 revenue of $670 million, up 27% year over year, and net income of $28 million, its second straight quarter of GAAP profit. It raised its full-year 2026 outlook, but also announced a reorganization cutting about 10% of its workforce and the departure of CFO Matthew Newcomb, with President Mark Troughton named interim CFO.
Key points
- Q2 2026 revenue was $670 million, up 27% year over year; net income was $28 million.
- Full-year 2026 revenue outlook is $2.725 billion to $2.745 billion; adjusted EBITDA outlook is $465 million to $475 million.
- Reorganization reduces about 10% of the workforce, with an expected net income impact of $6 million to $9 million in Q3 2026.
- CFO Matthew Newcomb steps down effective August 7, 2026; Mark Troughton is interim CFO and a permanent CFO search has started.
The filing
Written by AI on Nov 9, 2026, 11:43 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.