Vice President of Investor Relations - Peter Stabler Co-Founder and Chief Executive Officer - Christopher Britt Chief Financial Officer - Matthew Newcomb Operator: Good afternoon, and welcome to Chime Financial Inc.'s Second Quarter 2026 Earnings Conference Call. [Operator Instructions] As a reminder, this conference call is being recorded, and a replay of this call will be available on our Investor Relations website for a reasonable period of time after the call. I'd now like to turn the call over to Peter Stabler, Vice President of Investor Relations. Peter Stabler: Good afternoon, everyone, and thank you for joining us for Chime's Second Quarter 2026 Earnings Conference Call.
Joining me today are Chris Britt, our Co-Founder and CEO; and Matt Newcomb, our CFO. Mark Troughton, our President, will participate in the Q&A session. As a reminder, we will disclose non-GAAP financial measures on this call.
Definitions and reconciliations between our GAAP and non-GAAP results can be found in our earnings release and earnings presentation posted on our IR website at investors.chime.com. We will also make forward-looking statements on this call. including statements about our business, future outlook and goals. Such statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those described.
Many of these risks and uncertainties are described in our SEC filings, including our Form 10-Q filed on May 7, 2026. Forward-looking statements represent our beliefs and assumptions only as of the date such statements are made. We disclaim any obligation to update any forward-looking statements, except as required by law.
I'll now hand the call over to Chris. Christopher Britt: Thanks, Peter, and thank you all for joining us today. Q2 was an exceptionally strong quarter with outperformance across key areas of our business.
Active members grew 20% and revenue increased 27% on a year-over-year basis. We accelerated growth of both card purchase volume and payment revenue, and our enterprise team signed on a top U.S. employer for our Chime workplace solution. Our strong momentum is translating to the bottom line. with adjusted EBITDA margin expanding to 15% for the quarter, up 12 points year-over-year.
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