Blink Charging Co Financials
Financial Health Signals
Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores
Blink Charging Co has an operating margin of -158.4%, meaning the company retains $-158 of operating profit per $100 of revenue. This below-average margin results in a low score of 0/100, suggesting thin profitability after operating expenses. This is down from -141.9% the prior year.
Blink Charging Co's revenue declined 10.2% year-over-year, from $140.6M to $126.2M. This contraction results in a growth score of 0/100.
Blink Charging Co carries a low D/E ratio of 0.84, meaning only $0.84 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 80/100, indicating a strong balance sheet with room for future borrowing.
With a current ratio of 2.38, Blink Charging Co holds $2.38 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.
While Blink Charging Co generated -$47.2M in operating cash flow, capex of $8.6M consumed most of it, leaving -$55.8M in free cash flow. This results in a low score of 0/100, reflecting heavy capital investment rather than weak cash generation.
Blink Charging Co passes 3 of 9 financial strength tests. 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Blink Charging Co generates $0.24 in operating cash flow (-$47.2M OCF vs -$198.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Blink Charging Co earns $-463.9 in operating income for every $1 of interest expense (-$199.9M vs $431K). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
This page shows Blink Charging Co (BLNK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Key Financial Metrics
Blink Charging Co generated $126.2M in revenue in fiscal year 2024. This represents a decrease of 10.2% from the prior year.
Blink Charging Co's EBITDA was -$192.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 1.1% from the prior year.
Blink Charging Co generated -$55.8M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 46.9% from the prior year.
Blink Charging Co reported -$198.1M in net income in fiscal year 2024. This represents an increase of 2.7% from the prior year.
Blink Charging Co earned $-1.96 per diluted share (EPS) in fiscal year 2024. This represents an increase of 38.9% from the prior year.
Blink Charging Co held $41.8M in cash against $0 in long-term debt as of fiscal year 2024.
Blink Charging Co had 102M shares outstanding in fiscal year 2024. This represents an increase of 9.9% from the prior year.
Blink Charging Co's gross margin was 32.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.7 percentage points from the prior year.
Blink Charging Co's operating margin was -158.4% in fiscal year 2024, reflecting core business profitability. This is down 16.5 percentage points from the prior year.
Blink Charging Co's net profit margin was -157.0% in fiscal year 2024, showing the share of revenue converted to profit. This is down 12.1 percentage points from the prior year.
Blink Charging Co invested $8.6M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 14.1% from the prior year.
BLNK Income Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $27.0M-5.7% | $28.7M+38.1% | $20.8M-31.2% | $30.2M-9.3% | $33.3M-11.5% | $37.6M-12.0% | $42.7M-1.5% | $43.4M |
| Cost of Revenue | $17.4M-34.7% | $26.6M+98.5% | $13.4M+123.7% | -$56.5M-350.4% | $22.5M-6.6% | $24.1M+137.7% | -$64.0M-309.3% | $30.6M |
| Gross Profit | $9.7M+361.6% | $2.1M-71.6% | $7.4M-2.1% | $7.5M-29.7% | $10.7M-20.2% | $13.4M+26.7% | $10.6M-17.2% | $12.8M |
| R&D Expenses | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| SG&A Expenses | $5.5M-53.8% | $11.8M+33.1% | $8.9M+138.0% | -$23.3M-391.4% | $8.0M+2.5% | $7.8M+3.6% | $7.5M-11.7% | $8.5M |
| Operating Income | -$205K+99.4% | -$32.2M-52.8% | -$21.1M+71.4% | -$73.6M-256.4% | -$20.6M-18.1% | -$17.5M-2.4% | -$17.1M+84.6% | -$110.6M |
| Interest Expense | $13K-81.7% | $71K+226.8% | -$56K-227.3% | $44K+195.7% | -$46K+89.2% | -$427K+92.8% | -$5.9M-710.2% | $970K |
| Income Tax | $40K-57.9% | $95K+239.3% | $28K-94.8% | $540K+229.3% | $164K+485.7% | $28K-89.6% | $269K-66.7% | $807K |
| Net Income | -$86K+99.7% | -$32.0M-54.3% | -$20.7M+71.8% | -$73.5M-266.5% | -$20.1M-16.8% | -$17.2M+12.8% | -$19.7M+82.5% | -$112.7M |
| EPS (Diluted) | $0.00+100.0% | $-0.31-55.0% | $-0.20+72.6% | $-0.73-265.0% | $-0.20-17.6% | $-0.17+37.0% | $-0.27+84.5% | $-1.74 |
BLNK Balance Sheet
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $171.3M+1.7% | $168.4M-15.4% | $199.1M-8.7% | $218.0M-42.7% | $380.3M-6.0% | $404.5M-5.6% | $428.5M+17.2% | $365.6M |
| Current Assets | $97.9M-0.6% | $98.5M-20.0% | $123.1M-12.8% | $141.2M-18.5% | $173.2M-12.4% | $197.7M-10.8% | $221.7M+37.9% | $160.8M |
| Cash & Equivalents | $23.1M-8.7% | $25.3M-39.8% | $42.0M+0.6% | $41.8M-25.1% | $55.8M-23.7% | $73.1M-25.9% | $98.7M+48.1% | $66.7M |
| Inventory | $31.4M-3.9% | $32.7M-15.8% | $38.8M+1.5% | $38.3M-13.9% | $44.5M-0.5% | $44.7M-6.8% | $47.9M+1.2% | $47.4M |
| Accounts Receivable | $33.8M-2.6% | $34.7M-7.8% | $37.6M-9.5% | $41.6M-16.2% | $49.6M-7.5% | $53.6M+18.0% | $45.4M+8.9% | $41.7M |
| Goodwill | $19.6M+9.7% | $17.9M0.0% | $17.9M0.0% | $17.9M-87.6% | $144.9M0.0% | $144.9M0.0% | $144.9M0.0% | $144.9M |
| Total Liabilities | $80.5M-17.6% | $97.7M+1.2% | $96.5M-2.8% | $99.3M-2.6% | $101.9M-5.4% | $107.8M-22.5% | $139.1M-4.7% | $145.9M |
| Current Liabilities | $61.1M+5.4% | $58.0M+1.1% | $57.4M-3.2% | $59.2M-3.5% | $61.4M-8.7% | $67.2M-3.5% | $69.7M+5.0% | $66.4M |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $90.8M+28.3% | $70.8M-31.0% | $102.6M-13.6% | $118.7M-57.4% | $278.4M-6.2% | $296.7M+2.5% | $289.4M+31.7% | $219.7M |
| Retained Earnings | -$788.6M0.0% | -$788.5M-4.2% | -$756.6M-2.8% | -$735.9M-28.0% | -$575.0M-3.6% | -$554.9M-3.2% | -$537.7M-3.8% | -$518.0M |
BLNK Cash Flow Statement
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$3.0M+81.9% | -$16.7M-40.6% | -$11.9M+3.9% | -$12.3M-189.6% | -$4.3M+80.2% | -$21.5M-5.2% | -$20.4M-68.4% | -$12.1M |
| Capital Expenditures | N/A | N/A | $2.4M+346.5% | -$960K-116.7% | $5.8M+103.3% | $2.8M+886.1% | $287K-82.3% | $1.6M |
| Free Cash Flow | N/A | N/A | -$14.2M-7.0% | -$13.3M-32.7% | -$10.0M+58.8% | -$24.3M-17.4% | -$20.7M-50.6% | -$13.7M |
| Investing Cash Flow | $1.1M+207.8% | -$985K-108.9% | $11.1M+37.0% | $8.1M+318.6% | -$3.7M-2064.9% | -$171K+99.3% | -$23.8M-1368.4% | -$1.6M |
| Financing Cash Flow | -$9K0.0% | -$9K-101.0% | $883K-32.7% | $1.3M+119.4% | -$6.8M-1.0% | -$6.7M-108.8% | $76.4M+802.8% | $8.5M |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
BLNK Financial Ratios
| Metric | Q3'25 | Q2'25 | Q1'25 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 35.8%+28.5pp | 7.3%-28.2pp | 35.5%+10.6pp | 24.9%-7.3pp | 32.2%-3.5pp | 35.7%+10.9pp | 24.8%-4.7pp | 29.5% |
| Operating Margin | -0.8%+111.6pp | -112.4%-10.8pp | -101.6%+142.3pp | -243.8%-181.8pp | -62.1%-15.5pp | -46.5%-6.6pp | -40.0%+214.9pp | -254.9% |
| Net Margin | -0.3%+111.2pp | -111.5%-11.7pp | -99.8%+143.8pp | -243.6%-183.3pp | -60.3%-14.6pp | -45.7%+0.4pp | -46.1%+213.8pp | -259.9% |
| Return on Equity | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Return on Assets | -0.1%+18.9pp | -19.0%-8.6pp | -10.4%+23.3pp | -33.7%-28.4pp | -5.3%-1.0pp | -4.3%+0.3pp | -4.6%+26.2pp | -30.8% |
| Current Ratio | 1.60-0.1 | 1.70-0.4 | 2.15-0.2 | 2.38-0.4 | 2.82-0.1 | 2.94-0.2 | 3.18+0.8 | 2.42 |
| Debt-to-Equity | 0.89-0.5 | 1.38+0.4 | 0.94+0.1 | 0.84+0.5 | 0.370.0 | 0.36-0.1 | 0.48-0.2 | 0.66 |
| FCF Margin | N/A | N/A | -68.5%-24.5pp | -44.0%-13.9pp | -30.1%+34.6pp | -64.7%-16.3pp | -48.4%-16.8pp | -31.7% |
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Frequently Asked Questions
What is Blink Charging Co's annual revenue?
Blink Charging Co (BLNK) reported $126.2M in total revenue for fiscal year 2024. This represents a -10.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Blink Charging Co's revenue growing?
Blink Charging Co (BLNK) revenue declined by 10.2% year-over-year, from $140.6M to $126.2M in fiscal year 2024.
Is Blink Charging Co profitable?
No, Blink Charging Co (BLNK) reported a net income of -$198.1M in fiscal year 2024, with a net profit margin of -157.0%.
What is Blink Charging Co's earnings per share (EPS)?
Blink Charging Co (BLNK) reported diluted earnings per share of $-1.96 for fiscal year 2024. This represents a 38.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Blink Charging Co's EBITDA?
Blink Charging Co (BLNK) had EBITDA of -$192.5M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Blink Charging Co's gross margin?
Blink Charging Co (BLNK) had a gross margin of 32.3% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Blink Charging Co's operating margin?
Blink Charging Co (BLNK) had an operating margin of -158.4% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Blink Charging Co's net profit margin?
Blink Charging Co (BLNK) had a net profit margin of -157.0% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Blink Charging Co's free cash flow?
Blink Charging Co (BLNK) generated -$55.8M in free cash flow during fiscal year 2024. This represents a 46.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Blink Charging Co's operating cash flow?
Blink Charging Co (BLNK) generated -$47.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Blink Charging Co's total assets?
Blink Charging Co (BLNK) had $218.0M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Blink Charging Co's capital expenditures?
Blink Charging Co (BLNK) invested $8.6M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How many shares does Blink Charging Co have outstanding?
Blink Charging Co (BLNK) had 102M shares outstanding as of fiscal year 2024.
What is Blink Charging Co's current ratio?
Blink Charging Co (BLNK) had a current ratio of 2.38 as of fiscal year 2024, which is generally considered healthy.
What is Blink Charging Co's debt-to-equity ratio?
Blink Charging Co (BLNK) had a debt-to-equity ratio of 0.84 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Blink Charging Co's return on assets (ROA)?
Blink Charging Co (BLNK) had a return on assets of -90.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Blink Charging Co's cash runway?
Based on fiscal year 2024 data, Blink Charging Co (BLNK) had $41.8M in cash against an annual operating cash burn of $47.2M. This gives an estimated cash runway of approximately 11 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Blink Charging Co's Piotroski F-Score?
Blink Charging Co (BLNK) has a Piotroski F-Score of 3 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Blink Charging Co's earnings high quality?
Blink Charging Co (BLNK) has an earnings quality ratio of 0.24x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Blink Charging Co cover its interest payments?
Blink Charging Co (BLNK) has an interest coverage ratio of -463.9x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Blink Charging Co?
Blink Charging Co (BLNK) scores 31 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.