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Blink Charging Co
NASDAQ:BLNK

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Blink Charging Co
NASDAQ:BLNK
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Price: 0.5884 USD -0.79% Market Closed
Market Cap: $83.1m

Blink Charging Co
Investor Relations

Blink Charging Co. engages in the operation and provision of electric vehicles, charging equipment, and networked EV charging services. The company is headquartered in Miami Beach, Florida and currently employs 191 full-time employees. The company went IPO on 2008-05-22. The company offers residential and commercial EV charging equipment and services, enabling EV drivers to recharge at various location types. Its principal line of products and services includes its Blink EV charging network (the Blink Network) and Blink EV charging equipment, also known as electric vehicle supply equipment (EVSE) and other EV-related services. The Blink Network is a cloud-based system that operates, maintains, and manages Blink charging stations and handles the associated charging data, back-end operations, and payment processing. The Blink Network provides property owners, managers, parking companies, and state and municipal entities (Property Partners), among other types of commercial customers, with cloud-based services that enable the remote monitoring and management of EV charging stations.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Mar 26, 2026
AI Summary
Q4 2025

Transformation: Management said BlinkForward largely hit its 2025 goals, with the company shifting from restructuring to scaling a leaner, more focused business.

Revenue Mix: Q4 revenue was $27 million, flat year over year, but service revenue grew 62% to $14.7 million and became 54% of total revenue, showing a higher-quality mix.

Margins: Reported Q4 gross margin was 15.8% because of $5.9 million in noncash inventory charges; adjusted gross margin was 37.8%, and management expects about 35% for full-year 2026.

Cost Cuts: Adjusted operating expenses fell to $17.1 million in Q4, down from $25.2 million at the start of 2025, and cash burn stabilized at about $2 million per quarter.

Growth Plan: The company is leaning into DC fast charging, with about 30 sites and roughly 150 ports in review or construction, plus a backlog management said is around $100 million if capital is available.

2026 Outlook: Management guided 2026 revenue to $105 million to $150 million, gross margin to 34% to 35%, and said adjusted EBITDA loss should improve meaningfully, with profitability still the long-term goal.

Q&A Focus: Analysts pressed on how restructuring will keep helping in 2026, what drives margin expansion, and how Blink plans to grow through site optimization, market share gains, and selective M&A.

Key Financials
Revenue
$27 million
Revenue
$103.5 million
Service revenue
$14.7 million
Service revenue
$49.3 million
Product revenue
$11 million
Other revenue
$1.3 million
Gross margin
15.8%
Adjusted gross margin
37.8%
Gross margin
24.6%
Adjusted gross margin
approximately 36%
Operating expenses
$17.1 million
Operating expenses
$37 million
Cash burn
approximately $2 million
Net loss
$32.7 million
Adjusted net loss
approximately $6.9 million
Net loss
$83.4 million
Loss per diluted share
$0.76
Adjusted EPS
loss of $0.63
Adjusted EBITDA
loss of $10.3 million
Adjusted EBITDA
loss of $58.1 million
Inventory write-off
approximately $6 million
Inventory
around $15 million
Equity raise
$20 million
DC fast-charging sites
approximately 30 sites
Ports
about 150 ports
DC fast-charging backlog
somewhere in the neighborhood of $100 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Brendan S. Jones
CEO, President & Director
No Bio Available
Mr. Michael D. Farkas
Founder
No Bio Available
Mr. Michael P. Rama CPA
Chief Financial Officer
No Bio Available
Mr. Michael C. Battaglia
Chief Operating Officer
No Bio Available
Mr. Harjinder S. Bhade
Chief Technology Officer
No Bio Available
Mr. Aviv Hillo Adv., Esq.
General Counsel, Executive VP of M&A and Director
No Bio Available
Mr. Vitalie Stelea
Vice President of Investor Relations
No Bio Available
Ms. Jenifer Yokley
Chief Marketing Officer
No Bio Available
Mr. Miko de Haan
President of Blink Europe & Emerging Markets
No Bio Available
Mr. Harsha Kollaramajalu
Executive VP & Head of Global Manufacturing
No Bio Available

Contacts

Address
FLORIDA
Miami Beach
407 Lincoln Rd Ste 704
Contacts
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