BLINK CHARGING ANNOUNCES FIRST QUARTER 2026 FINANCIAL RESULTS
Rhea-AI Summary
Blink Charging (NASDAQ: BLNK) reported Q1 2026 revenue of $20.8 million, up 0.3% year-over-year. Service revenue rose 25% to $13.3 million and reached 64.2% of total revenue.
GAAP gross margin was 32.0% (non-GAAP 42.4%). Operating expenses fell 35% to $18.4 million. Net loss improved to $11.6 million, with operating cash flow turning positive at $0.7 million. The company ended the quarter with $38.0 million in cash and no debt, and reaffirmed 2026 revenue guidance of $105–$115 million with ~35% GAAP gross margin.
Positive
- Service revenue up 25% year-over-year to $13.3 million, 64.2% of total
- Total operating expenses down 35% year-over-year to $18.4 million
- Net loss reduced 45% year-over-year to $11.6 million, or $0.08 per share
- Non-GAAP adjusted EBITDA loss improved to $5.1 million from $14.3 million
- Operating cash flow turned positive at $0.7 million versus $(13.0) million
- Cash and cash equivalents of $38.0 million with no debt at March 31, 2026
Negative
- Total revenue nearly flat at $20.8 million, up 0.3% year-over-year
- Product revenue declined 26.1% year-over-year to $6.2 million
- GAAP gross margin decreased to 32.0% from 34.1% year-over-year
- Company remains unprofitable with Q1 2026 net loss of $11.6 million
- Shares outstanding increased to 143.2 million from 102.5 million year-over-year
- Stockholders’ equity declined to $54.0 million from $64.5 million since December 31, 2025
News Market Reaction – BLNK
In the May 12 session, BLNK declined 5.86%, reflecting a notable negative market reaction. Argus tracked a peak move of +22.4% during that session. Our momentum scanner triggered 55 alerts that day, indicating high trading interest and price volatility. Trading volume was elevated at 2.3x the daily average, suggesting increased selling activity.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Mar 26 | FY25 earnings | Positive | -10.9% | Higher-quality revenue mix, narrowed 2025 loss, 2026 growth guidance. |
| Nov 06 | Q3 2025 earnings | Positive | +5.3% | Revenue and service growth with sharp reduction in operating cash burn. |
| Aug 18 | Q2 2025 earnings | Negative | -9.7% | Revenue decline, weak margin and larger net loss despite service growth. |
| May 12 | Q1 2025 earnings | Negative | -10.1% | Sharp revenue drop and wider loss even as service revenues increased. |
| Mar 13 | FY24 earnings | Positive | +6.0% | Strong 2024 service revenue growth and margin improvement despite large losses. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Earnings releases have produced an average move of -3.89%, with mostly improving fundamentals but a slight negative bias in price reactions.
Over the last five earnings releases, Blink emphasized a shift toward higher-margin, recurring service revenue and tighter cost control. Q4 2024 and full-year 2024 showed strong service growth but heavy losses. Through 2025, management cut operating expenses sharply and narrowed the annual net loss to $(83.4)M while guiding 2026 revenue to $105–$115M with ~35% gross margin. Recent Q3 and Q4 2025 reports highlighted better gross margins and reduced cash burn. Today’s Q1 2026 results continue that trajectory with higher service mix, lower operating expenses, and a smaller net loss.
Key Terms
gaap financial
non-gaap financial
ebitda financial
adjusted ebitda financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
Execution of our strategy continues as Blink deploys capital into owner-operated DC fast charging and expands higher-quality, repeatable service revenue
Bowie, MD., May 11, 2026 (GLOBE NEWSWIRE) -- Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced financial results for the first quarter ended March 31, 2026.
FIRST QUARTER HIGHLIGHTS
- Service revenue grew
25% year-over-year to$13.3 million , up from$10.7 million in Q1 2025. - GAAP gross margin was
32.0% , with non-GAAP gross margin of42.4% , representing a non-GAAP improvement of 213 basis points versus Q1 2025. - Total operating expenses declined
35% year-over-year to$18.4 million , down from$28.5 million in Q1 2025. Non-GAAP operating expenses were reduced to$13.6 million . - Net cash provided by operating activities was approximately
$0.7 million in Q1 2026, representing an improvement of approximately$13.7 million compared to net cash used in operating activities of approximately$13.0 million in Q1 2025. - Net loss narrowed
45% year-over-year to$11.6 million , compared to a net loss of$21.0 million in Q1 2025.
THE FOLLOWING TOP-LINE HIGHLIGHTS ARE IN THOUSANDS OF DOLLARS:
| Three Months Ended March 31 | ||||||||||||
| 2026 | 2025 | % Change | ||||||||||
| Product Revenue | $ | 6,194 | $ | 8,380 | (26.1 | %) | ||||||
| Service Revenue(1) | 13,349 | 10,681 | 25.0 | % | ||||||||
| Other Revenue(2) | 1,236 | 1,657 | (25.4 | %) | ||||||||
| Total Revenue | $ | 20,779 | $ | 20,718 | 0.3 | % | ||||||
(1) Service Revenues consist of repeatable charging service revenues, recurring network fees, and car-sharing service revenues.
(2) Other Revenues consist of warranty fees, grants and rebates, and other revenues.
Mike Battaglia, President and CEO of Blink Charging, commented, “Q1 reinforces that Blink is executing against our plan. We raised capital in 2025 and are investing with discipline into areas representing a strong line of sight to long-term value creation, especially within our owner-operated DC fast charging footprint. We are focused on achieving profitability as we build durable infrastructure, improve utilization over time, and continue the shift toward more repeatable, recurring, and higher-quality revenue.”
Michael Bercovich, Chief Financial Officer of Blink Charging, commented, “Over the last three quarters, we have tightened our operating model by optimizing our operating expenses and cash-burn profile. Our strategy is governed by rigorous ROI hurdles and we are prioritizing CapEx investments that directly expand our capacity to drive long-term value.”
FIRST QUARTER 2026 FINANCIAL RESULTS
REVENUES
Total revenues were
Product revenues were
Service revenues, which consist of repeatable charging service revenues, recurring network fees, and car-sharing service revenues, increased by
Other revenues, which are comprised of warranty fees, grants and rebates, and additional sources, were
GROSS PROFIT
Gross profit was
OPERATING EXPENSES
Operating expenses in the first quarter of 2026 decreased by
Non-GAAP operating expenses in the first quarter of 2026 were
NET LOSS AND LOSS PER SHARE
Net Loss for the first quarter of 2026 was
Non-GAAP Net Loss for the first quarter of 2026 was
ADJUSTED EBITDA
Non-GAAP adjusted EBITDA for the first quarter of 2026 was a loss of
For reconciliation of GAAP and non-GAAP results, as well as definitions of non-GAAP metrics, please see the tables and accompanying notes below.
CASH LIQUIDITY
As of March 31, 2026, cash and cash equivalents totaled
GUIDANCE
As previously communicated, for the full year 2026, given our expected revenue range of
EARNINGS CONFERENCE CALL
Blink Charging will host a conference call and webcast to discuss first quarter 2026 results today, May 11, 2026, at 4:30 p.m. Eastern Time.
To access the live webcast, log onto the Blink Charging website at www.blinkcharging.com, and click on the News/Events section of the Investor Relations page. Investors may also access the webcast via the following link: https://www.webcaster5.com/Webcast/Page/2468/53990
To participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time. International callers please dial +1 (973) 528-0011. Callers should use participant access code: 413896.
A replay of the teleconference will be available until June 10, 2026, and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use replay passcode: 53990.
###
BLINK CHARGING CO.
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS, EXCEPT FOR SHARE AND PER SHARE AMOUNTS)
(UNAUDITED)
| For The Three Months Ended | ||||||||
| March 31, | ||||||||
| 2026 | 2025 | |||||||
| Revenues: | ||||||||
| Product revenue | $ | 6,194 | $ | 8,380 | ||||
| Service revenue | 12,230 | 9,506 | ||||||
| Other revenue | 1,236 | 1,657 | ||||||
| Car-sharing revenue | 1,119 | 1,175 | ||||||
| Total Revenues | 20,779 | 20,718 | ||||||
| Cost of Revenues: | ||||||||
| Cost of product revenue | 3,723 | 5,548 | ||||||
| Cost of service revenue | 7,379 | 5,281 | ||||||
| Cost of other revenue | 809 | 840 | ||||||
| Cost of car-sharing revenue | 1,034 | 685 | ||||||
| Depreciation and amortization | 1,195 | 1,295 | ||||||
| Total Cost of Revenues | 14,140 | 13,649 | ||||||
| Gross Profit | 6,639 | 7,069 | ||||||
| Operating Expenses: | ||||||||
| Compensation | 10,163 | 13,554 | ||||||
| General and administrative expenses | 4,619 | 8,868 | ||||||
| Other operating expenses | 3,633 | 5,349 | ||||||
| Change in fair value of consideration payable | - | 679 | ||||||
| Total Operating Expenses | 18,415 | 28,450 | ||||||
| Loss From Operations | (11,776 | ) | (21,381 | ) | ||||
| Other Income (Expense): | ||||||||
| Other income, net | 242 | 401 | ||||||
| Total Other Income, Net | 242 | 401 | ||||||
| Loss Before Income Taxes | $ | (11,534 | ) | $ | (20,980 | ) | ||
| Provision for income taxes | (29 | ) | (28 | ) | ||||
| Net Loss | $ | (11,563 | ) | $ | (21,008 | ) | ||
| Net Loss Per Share: | ||||||||
| Basic | $ | (0.08 | ) | $ | (0.21 | ) | ||
| Diluted | $ | (0.08 | ) | $ | (0.21 | ) | ||
| Weighted Average Number of Common Shares Outstanding: | ||||||||
| Basic | 143,160,628 | 102,466,507 | ||||||
| Diluted | 143,160,628 | 102,466,507 | ||||||
BLINK CHARGING CO.
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT FOR SHARE AMOUNTS)
(UNAUDITED)
| March 31, | December 31, | |||||||
| 2026 | 2025 | |||||||
| Assets | ||||||||
| Current Assets: | ||||||||
| Cash and cash equivalents | $ | 37,991 | $ | 39,568 | ||||
| Accounts receivable, net | 19,113 | 29,532 | ||||||
| Inventory, net | 12,045 | 14,153 | ||||||
| Prepaid expenses and other current assets | 6,933 | 6,065 | ||||||
| Total Current Assets | 76,082 | 89,318 | ||||||
| Restricted cash | 613 | 89 | ||||||
| Property and equipment, net | 42,434 | 42,691 | ||||||
| Operating lease right-of-use asset | 5,805 | 6,331 | ||||||
| Intangible assets, net | 5,759 | 6,634 | ||||||
| Goodwill | 1,742 | 1,742 | ||||||
| Other assets | 729 | 648 | ||||||
| Total Assets | $ | 133,164 | $ | 147,453 | ||||
| Liabilities and Stockholders’ Equity | ||||||||
| Current Liabilities: | ||||||||
| Accounts payable, accrued expenses and other current liabilities | 46,376 | $ | 47,242 | |||||
| Current portion of earn-out liabilities | 1,005 | 1,005 | ||||||
| Notes payable | 265 | 265 | ||||||
| Current portion of operating lease liabilities | 2,498 | 2,781 | ||||||
| Current portion of financing lease liabilities | 42 | 42 | ||||||
| Current portion of deferred revenue | 11,686 | 12,137 | ||||||
| Total Current Liabilities | 61,872 | 63,472 | ||||||
| Earn-out liabilities, non-current portion | 981 | 981 | ||||||
| Operating lease liabilities, non-current portion | 4,537 | 4,804 | ||||||
| Financing lease liabilities, non-current portion | 53 | 64 | ||||||
| Deferred revenue, non-current portion | 2,545 | 5,145 | ||||||
| Other liabilities | 9,154 | 8,497 | ||||||
| Total Liabilities | 79,142 | 82,963 | ||||||
| Stockholders’ Equity: | ||||||||
| Preferred stock, | - | - | ||||||
| Common stock, | 143 | 142 | ||||||
| Additional paid-in capital | 896,832 | 895,505 | ||||||
| Accumulated other comprehensive loss | (8,964 | ) | (8,731 | ) | ||||
| Accumulated deficit | (833,989 | ) | (822,426 | ) | ||||
| Total Stockholders’ Equity | 54,022 | 64,490 | ||||||
| Total Liabilities and Stockholders’ Equity | $ | 133,164 | $ | 147,453 | ||||
BLINK CHARGING CO. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(IN THOUSANDS)
(UNAUDITED)
| For the Three Months Ended | ||||||||
| March 31, | ||||||||
| 2026 | 2025 | |||||||
| Cash Flows From Operating Activities: | ||||||||
| Net loss | $ | (11,563 | ) | $ | (21,008 | ) | ||
| Adjustments to reconcile net loss to net cash used in operating activities: | ||||||||
| Depreciation and amortization | 2,262 | 2,950 | ||||||
| Non-cash lease expense | 942 | 931 | ||||||
| Change in fair value of derivative and other accrued liabilities | - | 2 | ||||||
| Provision (benefit) for credit losses | 217 | (86 | ) | |||||
| (Gain) loss on disposal of property and equipment | (209 | ) | 174 | |||||
| (Benefit) provision for slow moving and obsolete inventory | - | 29 | ||||||
| Change in fair value of consideration payable | - | 679 | ||||||
| Stock-based compensation | 1,328 | 966 | ||||||
| Changes in operating assets and liabilities: | ||||||||
| Accounts receivable | 10,054 | 4,337 | ||||||
| Inventory | 1,743 | (373 | ) | |||||
| Prepaid expenses and other current assets | (203 | ) | (237 | ) | ||||
| Other assets | (98 | ) | 17 | |||||
| Accounts payable, accrued expenses, and other current liabilities | (898 | ) | (915 | ) | ||||
| Other liabilities | (2,676 | ) | (300 | ) | ||||
| Operating lease liabilities | (966 | ) | (821 | ) | ||||
| Deferred revenue | 737 | 629 | ||||||
| Total Adjustments | 12,233 | 7,982 | ||||||
| Net Cash Provided By (Used In) Operating Activities | 670 | (13,026 | ) | |||||
| Cash Flows From Investing Activities: | ||||||||
| Proceeds from sale of marketable securities | - | 13,630 | ||||||
| Capitalization of engineering costs | (29 | ) | (173 | ) | ||||
| Purchases of property and equipment | (1,632 | ) | (1,087 | ) | ||||
| Net Cash (Used In) Provided By Investing Activities | (1,661 | ) | 12,370 | |||||
| Cash Flows From Financing Activities: | ||||||||
| Proceeds from sale of common stock in public offering [1] | - | 891 | ||||||
| Repayment of financing liability in connection with finance lease | (10 | ) | (8 | ) | ||||
| Net Cash (Used In) Provided By Financing Activities | (10 | ) | 883 | |||||
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (52 | ) | 138 | |||||
| Net (Decrease) Increase In Cash and Cash Equivalents and Restricted Cash | (1,053 | ) | 365 | |||||
| Cash and Cash Equivalents and Restricted Cash - Beginning of Period | 39,657 | 41,852 | ||||||
| Cash and Cash Equivalents and Restricted Cash - End of Period | $ | 38,604 | $ | 42,217 | ||||
| Cash and cash equivalents and restricted cash consisted of the following: | ||||||||
| Cash and cash equivalents | $ | 37,991 | $ | 42,140 | ||||
| Restricted cash | 613 | 77 | ||||||
| $ | 38,604 | $ | 42,217 | |||||
[1] For the three months ended March 31, 2025, includes gross proceeds of
NON-GAAP FINANCIAL MEASURES
The following table reconciles Net Loss attributable to Blink Charging to Non-GAAP Net Loss and Non-GAAP Adjusted EBITDA for the periods shown:
| For the Three Months Ended | ||||||||
| March 31, | ||||||||
| 2026 | 2025 | |||||||
| GAAP Net Loss | (11,563 | ) | (21,008 | ) | ||||
| Share-Based Compensation | 1,837 | 905 | ||||||
| Non-recurring or non-cash charges | 1,898 | 2,030 | ||||||
| Other Adjustments (1) | - | 679 | ||||||
| Non-GAAP Net Loss | (7,828 | ) | (17,394 | ) | ||||
| Provisions for Income Tax | 29 | 28 | ||||||
| Interest income | (242 | ) | (401 | ) | ||||
| Depreciation and Amortization | 2,983 | 3,492 | ||||||
| Non-GAAP adjusted EBITDA | (5,058 | ) | (14,276 | ) | ||||
The following table reconciles EPS attributable to Blink Charging to Non-GAAP Adjusted EPS for the periods shown:
| For the Three Months Ended | ||||||||
| March 31, | ||||||||
| 2026 | 2025 | |||||||
| GAAP Net Loss per Share | (0.08 | ) | (0.21 | ) | ||||
| Share-Based Compensation | 0.01 | 0.01 | ||||||
| Non-recurring or non-cash charges | 0.01 | 0.02 | ||||||
| Other Adjustments (1) | - | 0.01 | ||||||
| Non-GAAP Net Loss per Share | (0.06 | ) | (0.17 | ) | ||||
| Provisions for Income Tax | 0.00 | 0.00 | ||||||
| Interest income | (0.00 | ) | (0.00 | ) | ||||
| Depreciation and Amortization | 0.02 | 0.03 | ||||||
| Non-GAAP Adjusted EBITDA per Share | (0.04 | ) | (0.14 | ) | ||||
The following table reconciles GAAP Gross Margins and Operating Expenses to Non-GAAP Gross Margins and Operating Expenses for the periods shown:
| For the Three Months Ended | ||||||||||||||||
| March 31, | ||||||||||||||||
| 2026 | 2025 | |||||||||||||||
| Reconciliation of GAAP Gross Profit and Margin to Non-GAAP Gross Profit and Margin | ||||||||||||||||
| GAAP gross profit and margin | 6,639 | 32.0 | % | 7,069 | 34.1 | % | ||||||||||
| Non-recurring or non-cash charges | 252 | (565 | ) | |||||||||||||
| Depreciation and Amortization | 1,917 | 1,836 | ||||||||||||||
| Non-GAAP Gross Profit and Margin | 8,808 | 42.4 | % | 8,340 | 40.3 | % | ||||||||||
| Reconciliation of GAAP total operating expenses to non-GAAP total operating expenses | ||||||||||||||||
| GAAP Total Operating Expenses | 18,415 | 28,450 | ||||||||||||||
| Share-Based Compensation | (1,837 | ) | (905 | ) | ||||||||||||
| Depreciation and Amortization | (1,067 | ) | (1,656 | ) | ||||||||||||
| Non-recurring and non-cash charges | (1,646 | ) | (2,595 | ) | ||||||||||||
| Other Adjustments (1) | - | (679 | ) | |||||||||||||
| Non-GAAP Total Operating Expenses | 13,865 | 22,615 | ||||||||||||||
Blink Charging Co. publicly reports its financial information in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). To facilitate external analysis of the Company’s operating performance, Blink Charging also presents financial information that is considered “non-GAAP financial measures” under Regulation G and related reporting requirements promulgated by the U.S. Securities and Exchange Commission. Non-GAAP measures should be considered in addition to, and not as a substitute for, or superior to, Net Income (Loss) or other measures of financial performance prepared in accordance with GAAP and may be different than those presented by other companies, including Blink Charging’s competitors. EBITDA and Adjusted EBITDA are not performance measures calculated in accordance with GAAP and are, therefore, considered non-GAAP measures. Reconciliation tables are presented above.
Non-GAAP Gross Profit is defined as GAAP gross profit adjusted to exclude (i) depreciation and amortization charges included in cost of revenues, and (ii) non-recurring or non-cash charges within cost of revenues (such as inventory write-downs or one-time warranty costs). Blink Charging believes Non-GAAP Gross Profit provides investors with a clearer view of the Company’s underlying operational profitability by removing the impact of asset depreciation related to its charging infrastructure build-out and non-recurring items that are not indicative of ongoing performance. Non-GAAP Gross Margin is Non-GAAP Gross Profit divided by total revenues.
Non-GAAP Operating Expenses is defined as GAAP total operating expenses adjusted to exclude (i) stock-based compensation, (ii) depreciation and amortization within operating expenses, (iii) non-recurring and non-cash charges (including severance and retention payments, executive recruiting fees, one-time legal and consulting costs, and charges related to discontinued software or services), and (iv) changes in fair value of consideration payable and impairment of goodwill and intangible assets. Blink Charging believes Non-GAAP Operating Expenses is a useful measure for investors to assess the Company’s structural cost base and ongoing operating expense discipline, as it removes the impact of non-cash compensation, asset depreciation, and one-time charges that do not reflect recurring operational costs.
Non-GAAP Net Loss excludes share-based compensation, non-recurring and non-cash charges, and other adjustments, but unlike Adjusted EBITDA, retains the impact of taxes, depreciation and amortization and interest income/expense.
Adjusted EBITDA is defined as GAAP Net Loss adjusted to add back: (i) stock-based compensation; (ii) depreciation and amortization included in cost of revenues; (iii) non-recurring and non-cash charges (including severance, retention payments, one-time legal and consulting fees, and similar items not reflective of ongoing operations); (iv) changes in fair value of consideration payable and impairment of goodwill and intangible assets; (v) provision for income taxes; (vi) depreciation and amortization within operating expenses; less (vii) net interest and other income (expense). This reconciliation bridge corresponds directly to the line items presented in the Non-GAAP reconciliation tables above.
Blink Charging believes Adjusted EBITDA is useful to management, securities analysts, and investors to evaluate the Company’s core operating performance because it removes the impact of non-cash charges, non-recurring items, financing activity, taxes, and capital investment depreciation that are not indicative of the Company’s recurring operational results. Adjusted EBITDA should be considered in addition to, and not as a substitute for, Net Loss or other measures of financial performance prepared in accordance with GAAP.
Our definition of Adjusted EBITDA and Adjusted EPS may differ from other companies reporting similarly named measures. These measures should be considered in addition to, and not as a substitute for, or superior to, other measures of financial performance prepared in accordance with GAAP, such as Net Loss, and Diluted Earnings per Share.
Adjusted EPS is defined as GAAP net loss per diluted share adjusted to exclude, on a per-share basis, the same non-cash and non-recurring items used in the Adjusted EBITDA reconciliation: (i) stock-based compensation, (ii) depreciation and amortization included in cost of revenues, (iii) non-recurring and non-cash charges, (iv) changes in fair value of consideration payable and impairment of goodwill and intangible assets, (v) provision for income taxes, (vi) depreciation and amortization within operating expenses, and (vii) net interest income (expense).
Adjusted EPS is calculated as Non-GAAP Adjusted EBITDA divided by the weighted average diluted shares outstanding for the period. Blink Charging believes Adjusted EPS is a useful supplemental measure for investors as it provides a per-share view of the Company’s core operating performance on a basis consistent with Adjusted EBITDA, excluding non-cash and non-recurring items that management does not consider reflective of the Company’s ongoing operations. Adjusted EPS should not be confused with GAAP diluted EPS and should be considered in addition to, and not as a substitute for, GAAP diluted earnings (loss) per share.
Investors should be aware that non-GAAP financial measures have inherent limitations. In particular, certain adjustments to Blink’s GAAP results — such as stock-based compensation — are recurring in nature and are expected to continue for the foreseeable future; stock-based compensation is a meaningful component of employee compensation and plays an important role in Blink’s ability to attract, retain, and motivate its workforce. In addition, Blink’s non-GAAP measures are not calculated pursuant to any standardized GAAP methodology, and the specific items Blink excludes may differ from those excluded by other companies presenting similarly titled non-GAAP measures, which may limit comparability. Blink may also, in future periods, exclude additional items it determines are not reflective of its core operating performance.
ABOUT BLINK CHARGING
Blink Charging Co. (NASDAQ: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products and services include Blink’s EV charging networks (“Blink Networks”), EV charging equipment, and EV charging services. Blink Networks use proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network and the associated charging data. Blink has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs.
For more information, please visit https://blinkcharging.com/.
FORWARD-LOOKING STATEMENTS
This press release contains "forward-looking statements" that are subject to risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “expects,” “believes,” “will” and similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Blink's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict such as the success of Blink’s (i) program to shift towards more repeatable, recurring and higher-quality service revenue, (ii) deployment of capital into owner-operated DC fast charging to expand our footprint and (iii) full year 2026 business operations to achieve the expected revenue range and anticipated gross margins disclosed under “Guidance” in this press release. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in Blink’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the Securities and Exchange Commission, and in subsequent periodic reports. Forward-looking statements contained in this announcement are made as of this date, and Blink undertakes no duty to update such information except as required under U.S. federal securities law.
Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com
Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com
