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BLNK

Blink Charging Co.

BLNK

Blink Charging Co. • NASDAQ
$1.31 ▲ 2.34% (+0.03)
Market Cap $136.15 M
52w High $2.65
52w Low $0.63
Dividend Yield 0%
P/E -1.07
Volume 997.05K
Outstanding Shares 103.93M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $27.03M ▼ $11.192M ▼ $-86K ▲ -0.318% ▲ $0 ▲ $2.523M ▲
Q2-2025 $28.635M ▲ $34.271M ▲ $-31.959M ▼ -111.608% ▼ $-0.31 ▼ $-28.331M ▼
Q1-2025 $20.594M ▼ $28.289M ▼ $-20.707M ▲ -100.549% ▲ $-0.2 ▲ $-17.134M ▲
Q4-2024 $30.093M ▲ $81.033M ▼ $-73.511M ▲ -244.279% ▲ $-0.73 ▲ $-69.174M ▲
Q3-2024 $24.205M $96.363M $-87.389M -361.037% $-0.86 $-84.418M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $23.11M ▼ $171.277M ▲ $80.497M ▼ $90.78M ▲
Q2-2025 $25.318M ▼ $168.422M ▼ $97.67M ▲ $70.752M ▼
Q1-2025 $42.024M ▼ $199.078M ▼ $96.475M ▼ $102.603M ▼
Q4-2024 $55.404M ▼ $217.988M ▼ $99.286M ▼ $118.702M ▼
Q3-2024 $64.584M $303.023M $108.513M $194.51M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-86K ▲ $-3.016M ▲ $1.062M ▲ $-9K $-2.208M ▲ $-3.699M ▲
Q2-2025 $-31.959M ▼ $-16.669M ▼ $-985K ▼ $-9K ▼ $-16.699M ▼ $-17.877M ▼
Q1-2025 $-20.707M ▲ $-11.855M ▲ $11.091M ▼ $883K ▼ $249K ▲ $-14.394M ▼
Q4-2024 $-73.511M ▲ $-12.332M ▼ $13.886M ▲ $1.312M ▲ $-22.81M ▼ $-11.372M ▼
Q3-2024 $-87.389M $-9.095M $-999K $-259K $-9.299M $-10.094M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Depreciation And Amortization
Depreciation And Amortization
 $0 ▲$0 ▲$0 ▲$0 ▲
Host Provider Fees
Host Provider Fees
 $10.00M ▲$0 ▼$0 ▲$0 ▲
Network
Network
 $0 ▲$0 ▲$0 ▲$0 ▲
Other
Other
 $0 ▲$0 ▲$0 ▲$0 ▲
Product
Product
 $40.00M ▲$10.00M ▼$20.00M ▲$10.00M ▼
Service
Service
 $10.00M ▲$10.00M ▲$10.00M ▲$10.00M ▲
Warranty
Warranty
 $0 ▲$0 ▲$0 ▲$0 ▲
Warranty And Repairs And Maintenance
Warranty And Repairs And Maintenance
 $0 ▲$0 ▲$0 ▲$0 ▲

Five-Year Company Overview

Income Statement

Income Statement Blink’s sales have been climbing over the last few years, but they are still relatively small compared with the company’s cost base. The encouraging sign is that the business has recently moved from losing money on each dollar of revenue at the gross profit level to now generating a modest gross profit. However, operating losses remain heavy and fairly persistent, meaning the company continues to spend much more on running and growing the business than it brings in. Net losses per share remain sizable, even though there has been some improvement from the most difficult years. In short, the top line is growing and unit economics are improving, but the company is still firmly in a loss-making phase.

Balance Sheet

Balance Sheet The balance sheet shows a company that still has a cushion, but a thinner one than before. Total assets and shareholders’ equity have both come down recently, reflecting ongoing losses and a drawdown of resources. Cash levels are noticeably lower than in the prior year, which reduces financial flexibility. On the positive side, debt remains quite modest relative to the size of the business, so leverage risk looks contained for now. Overall, Blink still has some balance sheet strength, but its margin for error is narrowing as losses accumulate.

Cash Flow

Cash Flow Blink consistently uses cash rather than generating it. Cash outflows from day‑to‑day operations have been steady and meaningful over the past several years, indicating the core business is not yet self-funding. Free cash flow is also clearly negative, although capital spending itself is not especially large, which suggests the burn is primarily from operating costs rather than big investment projects. While there are signs of gradual improvement versus the most cash-intensive period, the company still relies on external capital or existing cash reserves to support its growth and cover its losses.

Competitive Edge

Competitive Edge Blink operates in a fast-growing but fiercely competitive EV charging market. Its strategy is to stand out through vertical integration—designing, manufacturing, operating, and networking its own chargers—and by owning and operating many of its stations rather than only selling hardware. This can deepen customer relationships and create recurring revenue streams, but it also requires more capital and operational expertise than a pure equipment model. The proprietary Blink Network, flexible business models for site hosts, and a focus on strategic partnerships give the company some differentiation. However, it competes against larger, better-funded players and must fight for prime locations, brand recognition, and utilization of its chargers. Execution, scale, and cost control will be central to strengthening its position.

Innovation and R&D

Innovation and R&D Innovation is a clear focus for Blink. The company has built a proprietary software network, offers a broad range of chargers for home, commercial, and fleet use, and is pushing into areas like fast charging, vehicle‑to‑grid technology, integrated solar and storage solutions, and advertising-enabled chargers. It is also experimenting with AI-driven site selection and network optimization, and is planning a shift toward contract manufacturing to become leaner and more scalable. These efforts could enhance differentiation and margins over time, but they add complexity and require careful execution, especially given the company’s limited financial resources and ongoing cash burn.

Summary

Blink is an early-stage EV infrastructure player with growing revenue, improving gross profitability, and a robust pipeline of technology and product ideas. At the same time, it remains meaningfully unprofitable, consumes cash, and has seen its financial cushion shrink, even though debt levels are still low. The company’s vertically integrated, owner‑operator model and emphasis on software, data, and innovative offerings give it a potentially attractive long-term story, but also make it more sensitive to funding needs and execution risk. How effectively Blink can scale its network, control costs, secure capital, and deliver on its innovation roadmap will largely determine its future trajectory.

NEWS

November 17, 2025 · 8:30 AM UTC

Blink Charging Awarded Sourcewell Contract, Expanding Access to EV Charging Solutions for Public Sector Entities

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November 5, 2025 · 12:00 PM UTC

Blink Charging Streamlines Operations with Strategic Production Shift

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November 4, 2025 · 10:20 AM UTC

Blink Charging Teams with Karbon Homes to Offer Expanded EV Infrastructure

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November 3, 2025 · 1:45 PM UTC

Blink Charging Launches Shasta: New Level 2 EV Chargers Designed for Fleet and Multifamily Markets

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October 30, 2025 · 2:45 PM UTC

Blink Charging to Host Third Quarter Conference Call on Thursday, November 6, 2025

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