Chime’s Q3 revenue set to jump 26% as Platform growth accelerates

US digital bank Chime Financial Inc. (NASDAQ: CHYM) is expected to post 26% year-on-year growth in third-quarter revenue when it reports results on Wednesday, November 5, supported by accelerating growth in its Platform business.

According to Visible Alpha consensus estimates, total revenue is projected to $531 million in Q3, driven by robust gains in Platform services, even as growth in the company’s core Payments segment relatively moderates.

Payments revenue is forecast to rise 16% year-on-year to $361 million in Q3, while Platform revenue—driven by demand for lending, credit-building tools, and embedded finance partnerships—is expected to surge 55% to $170 million.

Average revenue per active member (ARPAM) is anticipated to inch up 4% year-on-year to $240, following a 12% gain in the previous quarter. Within this, Payments ARPAM is seen dipping 5% to $163, while Platform ARPAM is forecast to climb 30% to $78, reflecting Chime’s ongoing shift toward higher-margin products.

Active members are expected to reach 9 million, up from 8.7 million in the prior quarter and 7.5 million a year earlier. The company is also forecast to narrow its net loss sharply to $89 million, compared with a $923 million loss in the second quarter.

Chime, a key player in the US neobank space has benefited from rising adoption of digital banking among younger consumers and gig workers. However, the company’s stock has dropped nearly 50% since its June 2025 IPO, as uncertainty remains around margin pressures, credit quality, and intensifying competition while interest rates remain elevated.

This article was published by Visible Alpha, part of S&P Global Market Intelligence and not by S&P Global Ratings, which is a separately managed division of S&P Global.