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Blink Charging Co. (BLNK) 10-Q Filings

BLNK NASDAQ

Here are the 10-Q quarterly reports from Blink Charging Co. (BLNK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 10-Q covers the quarterly report filed between annual reports, so if you follow BLNK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BLNK filings page.

Rhea-AI Summary

Blink Charging Co. (BLNK) reported third-quarter 2026 revenue of $18.397 million, down 32% from $27.055 million a year earlier, and a net loss of $6.701 million versus $332,000. Product revenue fell 51% to $6.413 million; management cited lower-margin sales reductions, softer EV charging demand and strategic repositioning. For the first nine months, revenue declined 20% to $60.850 million, while net loss narrowed to $24.303 million from $50.652 million.

Nine-month operating cash use was $6.646 million, compared with $31.754 million a year earlier. Cash and cash equivalents were $30.499 million and working capital was $8.500 million as of September 30, 2026. Blink expects cash on hand and future operating cash flows to fund operations for at least 12 months after issuance of the statements, while saying it has not achieved profitability and needs significant additional revenue.

Blink entered into an at-the-market agreement for up to $100 million of common stock; the registration statement was not effective and no shares had been sold as of the report. Nasdaq granted an additional compliance period through January 25, 2027, to meet the $1.00 minimum bid-price requirement; Blink said it may effect a reverse stock split if necessary.

Rhea-AI Summary

Blink Charging Co. reported lower revenue but a sharply reduced loss for the quarter and six months ended June 30, 2026. Total revenue was 21,674 (thousands) for the quarter and 42,453 for the first half, down 24% and 14% year over year, mainly from weaker product sales of charging hardware.

Cost reductions under the BlinkForward restructuring lowered expenses and improved profitability metrics. Gross profit rose to 8,441 for the quarter and 15,080 year-to-date, while operating expenses fell 57% for the quarter and 47% year-to-date, cutting net loss to 6,039 for the quarter and 17,602 for the first half, compared with 29,312 and 50,320 a year earlier. Cash and cash equivalents were 34,004 and working capital 10,264 as of June 30, 2026; net cash used in operating activities dropped to 3,382 for the first half.

The company remains unprofitable and has received Nasdaq notices because its share price has been below the 1.00 minimum bid. It has until January 25, 2027 to regain compliance, potentially via a reverse stock split. Management is focusing on higher-margin charging services, has exited its Envoy car-sharing business, and now relies on contract manufacturers for hardware.

Rhea-AI Summary

Blink Charging Co. reported essentially flat revenue but a sharply smaller loss for the quarter ended March 31, 2026. Total revenue was $20,779,000, roughly unchanged from $20,718,000 a year earlier, as a 26% drop in product sales was offset by a 29% rise in service revenue driven by more company-owned chargers and higher network fees.

The net loss narrowed to $11,563,000 from $21,008,000, helped by a 35% reduction in operating expenses following the BlinkForward restructuring, including workforce cuts and a shift to contract manufacturing. Operating cash flow turned slightly positive at $671,000. Cash and cash equivalents were $37,991,000 with working capital of $14,210,000, but the company still carries an accumulated deficit of $833,989,000 and has not reached profitability. Blink also disclosed a Nasdaq notice that its share price has been below the $1.00 minimum bid requirement; it has until July 27, 2026 to regain compliance.

Rhea-AI Summary

Blink Charging (BLNK) filed its Q3 2025 10‑Q, reporting quarterly revenue of $27,030 thousand, up from $25,187 thousand a year ago. Gross profit was $9,666 thousand versus $9,119 thousand. The quarter was near breakeven with a net loss of $86 thousand compared to a loss of $87,389 thousand last year.

Year-to-date, revenue totaled $76,451 thousand versus $96,017 thousand. Cash and cash equivalents were $23,110 thousand as of September 30, 2025, and operating activities used $31,540 thousand of cash in the nine-month period. Management disclosed that, absent additional capital or improved operating cash flow, this raises substantial doubt about the Company’s ability to continue as a going concern for at least one year from issuance. The company issued 9,696,882 shares and warrants to purchase 3,898,177 shares to settle Envoy consideration and sold 681,330 shares under its ATM for gross proceeds of $909 thousand. Blink acquired Zemetric for total consideration of approximately $3,552 thousand, including $1,151 thousand in stock and $2,194 thousand in earn-out liabilities.

Rhea-AI Summary

Blink Charging Co. (BLNK) reported interim condensed results showing continued operating losses and liquidity strain. Revenue for the current period rose to $7.7 million (versus $4.9 million in the prior-year period) and consolidated six‑month revenue totaled $14.5 million (versus $9.96 million). The company recorded a net loss of $31.96 million for the three months and $52.67 million for the six months ended June 30, 2025. Cash used in operating activities for the six months was $28.52 million and reported working capital was $40.49 million, with the filing stating substantial doubt about the Company’s ability to continue as a going concern for at least one year absent new capital.

Key balance sheet and other items disclosed include approximately 104.7 million shares outstanding, $13.63 million of marketable securities, inventory comprised of $20.03 million finished goods and $12.68 million raw materials/work‑in‑process, an inventory reserve of $4.13 million, deferred revenue and performance obligations totaling about $28.97 million with $19.15 million expected to be recognized within 12 months, and goodwill of $17.90 million. During the period the Company sold 681,330 shares under an ATM program for gross proceeds of $909 (net $891). The Company completed a 100% acquisition of Zemetric, Inc.; consideration includes cash, restricted stock and a performance‑based earn‑out, and Zemetric’s founder became the Company CTO.