BLNK on Nasdaq

Blink

Logo: Blink, Public domain, via Wikimedia Commons⁴

Electric Vehicle Charging Company

Blink Charging Co. is an American electric vehicle charging network operator headquartered in Bowie, Maryland.³ From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

2009Founded¹

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TickerBLNK on Nasdaq¹
IndustryMiscellaneous Electrical Machinery, Equipment & Supplies¹
HeadquartersFlorida¹
Websitewww.blinkcharging.com
Incorporated inNV⁵
Business address17301 Melford Blvd.,, Bowie, Md 20715⁵
Filer categoryAccelerated filer⁵

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Blink Charging Co. is an American electric vehicle charging network operator headquartered in Bowie, Maryland. One of the top three EV charging networks in the United States, it has over 90,000 chargers globally in 25 countries.³

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

24.6%Gross margin⁸

-81.2%Operating margin⁸

-80.5%Net margin⁸

-16.5%Revenue growth, 2025⁸

-129.3%Return on equity⁸

-$40.6MFree cash flow⁸

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 43% of the revenue Blink broke down this way in fiscal 2025.

Product$47.0M⁸43%down 43% from 2024
Service$32.3M⁸30%up 51% from 2024
Network$12.2M⁸11%up 53% from 2024
Network Fees and Warranty Contracts$8.8M⁸8%down 17% from 2024
Car Sharing Services$4.8M⁸4%up 3% from 2024
Warranty$3.8M⁸4%down 32% from 2024
Grant and Fee Rebate$310.0K⁸0%down 70% from 2024

Products and services by year

Products and services	2023	2024	2025
Product	$109.4M	$81.7M	$47.0M
Service	$15.6M	$21.4M	$32.3M
Network	$7.5M	$8.0M	$12.2M
Network Fees and Warranty Contracts	$2.8M	$10.6M	$8.8M
Car Sharing Services	$3.3M	$4.7M	$4.8M
Warranty	$3.3M	$5.7M	$3.8M
Grant and Fee Rebate	$469.0K	$1.0M	$310.0K

Regions

United States brought in 65% of the revenue Blink broke down this way in fiscal 2025.

United States$67.7M⁸65%down 23% from 2024
Outside the United States$35.9M⁸35%up 0% from 2024

Regions by year

Regions	2023	2024	2025
United States	$104.7M	$88.2M	$67.7M
Outside the United States	$35.9M	$35.8M	$35.9M

Where the money goes

Where each dollar of revenue went, fiscal 2025

Cost of revenueOther costs

Cost of revenue75¢$78.0M
Other costs24¢$25.2M
Income tax0¢$317.0K

Out of $103.5M in revenue.⁸ The company lost money this year.

Financial statements

Revenue⁹¹⁰¹¹¹²⁸$103.5M in 2025+3652% since 2019

Gross profit⁹¹⁰¹¹¹²⁸$25.5M in 2025+6406% since 2019

Operating income⁹¹⁰¹¹¹²⁸-$84.1M in 2025+703% since 2019

Net income⁹¹⁰¹¹¹²⁸-$83.4M in 2025+764% since 2019

Every line of the income statement in the latest annual report, as filed.⁸

Period ending	2025-12-31	2024-12-31	2023-12-31
Total Revenues	$103.5M	$124.0M	$140.6M
Total Cost of Revenues	$78.0M	$86.4M	$100.4M
Gross Profit	$25.5M	$37.6M	$40.2M
Compensation	$49.5M	$58.7M	$92.7M
General and administrative expenses	$29.3M	$31.9M	$35.1M
Other operating expenses	$21.4M	$20.4M	$17.8M
Change in fair value of consideration payable and earn-out liabilities	-$9.2M	$2.9M
Impairment of goodwill	$17.9M	$127.0M	$89.1M
Impairment of intangible assets	$762.0K		$5.1M
Total Operating Expenses	$109.6M	$240.8M	$239.8M
Loss From Operations	-$84.1M	-$203.2M	-$199.6M
Interest income (expense)	$19.0K	-$431.0K	-$3.5M
Dividend and interest income	$1.0M	$2.9M	$1.9M
Gain (loss) on extinguishment of notes payable		$36.0K	-$1.0M
Change in fair value of derivatives and other accrued liabilities	-$8.0K	-$10.0K	$8.0K
Total Other Income (Expense), Net	$1.0M	$2.5M	-$2.6M
Loss Before Income Taxes	-$83.1M	-$200.7M	-$202.2M
Provision for income taxes	-$317.0K	-$656.0K	-$1.5M
Net Loss	-$83.4M	-$201.3M	-$203.7M
Basic	-$0.76	-$2.00	-$3.21
Diluted	-$0.76	-$2.00	-$3.21
Basic	109.1M shares	100.8M shares	63.5M shares
Diluted	109.1M shares	100.8M shares	63.5M shares

Total assets¹⁵⁹¹⁰¹¹¹²⁸$147.5M in 2025+1134% since 2019

Total liabilities¹⁵⁹¹⁰¹¹¹²⁸$83.0M in 2025+1738% since 2019

Shareholders’ equity¹⁰¹¹¹²⁸$64.5M in 2025+768% since 2019

Cash⁹¹⁰¹¹¹²⁸$39.6M in 2025+849% since 2019

Every line of the balance sheet in the latest annual report, as filed.⁸

Period ending	2025-12-31	2024-12-31	2023-12-31
Cash and cash equivalents	$39.6M	$41.8M	$98.7M
Marketable securities		$13.6M
Accounts receivable, net	$29.5M	$42.1M
Inventory	$14.2M	$36.6M
Prepaid expenses and other current assets	$6.1M	$5.4M
Total Current Assets	$89.3M	$139.5M
Restricted cash	$89.0K	$78.0K
Property and equipment, net	$42.7M	$37.4M
Operating lease right-of-use asset	$6.3M	$9.2M
Intangible assets, net	$6.6M	$10.4M
Goodwill	$1.7M	$17.9M	$144.9M
Other assets	$648.0K	$590.0K
Total Assets	$147.5M	$215.0M
Accounts payable, accrued expenses and other current liabilities	$47.2M	$38.9M
Current portion of earn-out liabilities	$1.0M
Notes payable	$265.0K	$265.0K
Current portion of operating lease liabilities	$2.8M	$3.2M
Current portion of financing lease liabilities	$42.0K	$34.0K
Current portion of deferred revenue	$12.1M	$17.1M
Total Current Liabilities	$63.5M	$59.5M
Consideration payable, non-current portion		$21.0M
Earn-out liabilities, non-current portion	$981.0K
Operating lease liabilities, non-current portion	$4.8M	$7.2M
Financing lease liabilities, non-current portion	$64.0K	$97.0K
Deferred revenue, non-current portion	$5.1M	$5.1M
Other liabilities	$8.5M	$6.7M
Total Liabilities	$83.0M	$99.5M
Common stock, $0.001 par value, 500,000,000 shares authorized, 142,128,133 and 101,970,907 shares issued and outstanding as of December 31, 2025 and 2024, respectively	$142.0K	$102.0K
Additional paid-in capital	$895.5M	$860.3M
Accumulated other comprehensive loss	-$8.7M	-$5.8M
Accumulated deficit	-$822.4M	-$739.0M
Total Stockholders Equity	$64.5M	$115.5M	$289.4M
Total Liabilities and Stockholders Equity	$147.5M	$215.0M
Preferred stock, par value	$0.00	$0.00
Preferred stock, shares authorized	40.0M shares	40.0M shares
Preferred stock, shares issued	0 shares	0 shares
Preferred stock, shares outstanding	0 shares	0 shares
Common stock, par value	$0.00	$0.00
Common stock, shares authorized	500.0M shares	500.0M shares
Common stock, shares issued	142.1M shares	102.0M shares
Common stock, shares outstanding	142.1M shares	102.0M shares

Cash from operations⁹¹⁰¹¹¹²⁸-$30.9M in 2025+187% since 2019

Capital spending⁹¹⁰¹¹¹²⁸$9.7M in 2025+1656% since 2019

Free cash flow⁹¹⁰¹¹¹²⁸-$40.6M in 2025+258% since 2019

Every line of the cash flow in the latest annual report, as filed.⁸

Period ending	2025-12-31	2024-12-31	2023-12-31
Net loss	-$83.4M	-$201.3M	-$203.7M
Depreciation and amortization	$9.6M	$12.8M	$12.4M
Non-cash lease expense	$4.4M	$3.7M	$2.1M
Non-cash gain on lease termination	-$72.0K
Impairment of goodwill	$17.9M	$127.0M	$89.1M
Impairment of intangible assets	$762.0K		$5.1M
Change in fair value of contingent consideration			-$1.4M
Change in fair value of derivative and other accrued liabilities	$8.0K	$10.0K	$8.0K
Provision for credit losses	$3.9M	$1.7M	$2.6M
(Gain) loss on extinguishment of notes payable		-$36.0K	$1.0M
Loss (gain) on disposal of property and equipment	$3.1M	$2.0M	-$11.0K
Provision for slow moving and obsolete inventory	$6.6M	$4.0M	$527.0K
Change in fair value of consideration payable	-$9.2M	$2.9M
Gain on settlement of accounts payable, net			$24.0K
Stock-based compensation	$2.8M	$3.5M	$22.0M
Accounts receivable	$11.9M	-$906.0K	-$23.7M
Inventory	$14.8M	$500.0K	-$15.4M
Prepaid expenses and other current assets	-$2.1M	-$29.0K	-$2.1M
Other assets	-$27.0K	$68.0K	$941.0K
Accounts payable, accrued expenses, and other current liabilities	$6.6M	-$3.8M	$7.0M
Other liabilities	-$4.3M	$6.4M	-$307.0K
Operating lease liabilities	-$4.3M	-$3.2M	-$3.7M
Deferred revenue	-$9.8M	-$3.5M	$9.8M
Total Adjustments	$52.5M	$153.0M	$106.1M
Net Cash Used In Operating Activities	-$30.9M	-$48.3M	-$97.6M
Proceeds from sale of marketable securities	$13.6M	$10.5M	$16.4M
Proceeds from sale of equity method investment	$223.0K
Purchase of marketable securities		-$1.2M	-$39.4M
Proceeds from government grants	$4.8M	$1.1M
Purchase consideration of Zemetric, net of cash acquired	-$207.0K
Proceeds from sale of property and equipment		$3.4M
Purchase consideration of Envoy, net of cash acquired			-$4.7M
Capitalization of engineering costs	-$205.0K		-$1.0M
Purchases of property and equipment	-$9.7M	-$8.6M	-$7.6M
Net Cash Provided By (Used In) Investing Activities	$8.5M	$5.3M	-$36.2M
Proceeds from sale of common stock in public offering	$19.4M	$26.4M	$208.9M
Proceeds from exercise of options and warrants			$835.0K
Repayment of financing liability in connection with finance lease	-$36.0K	-$596.0K	-$2.8M
Repayment of notes payable	-$114.0K	-$37.9M	-$9.3M
Other		-$338.0K	-$256.0K
Net Cash Provided By (Used In) Financing Activities	$19.3M	-$12.4M	$197.3M
Effect of Exchange Rate Changes on Cash and Cash Equivalents	$851.0K	-$1.5M	-$1.4M
Net (Decrease) Increase In Cash and Cash Equivalents and Restricted Cash	-$2.2M	-$56.9M	$62.2M
Interest	$61.0K	$1.5M	$3.6M
Income taxes	$338.0K	$218.0K
Right-of-use assets obtained in exchange for lease obligations	$1.7M	$3.2M	$7.4M
Right-of-use assets derecognized in connection with lease termination	-$577.0K
Property and equipment obtained in exchange for finance lease obligations	$10.0K	$53.0K	$2.8M
Transfer of inventory to property and equipment	-$1.9M	-$6.2M	-$1.8M
Reclassification of liability to equity		$825.0K
Common stock issued in satisfaction of accrued issuable equity			$2.6M
Common stock and warrants issued in satisfaction of consideration payable	$11.8M
Common stock issued as purchase consideration of Zemetric	$1.1M
Earn-out liabilities incurred as purchase consideration of Zemetric	$2.2M
Common stock issued in satisfaction of earn-out liabilities	$206.0K
Intangible assets obtained in exchange for financing liability			$122.0K
Note receivable applied to purchase consideration of Envoy			-$1.3M
Surrender and cancellation of common stock			-$197.0K
Gross proceeds	$20.9M	$27.0M	$216.7M
Issuance costs	$1.5M	$608.0K	$7.8M

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The story

Blink began as a brand name for the charging infrastructure of the now defunct company, Ecotality. Following Ecotality's bankruptcy the distressed assets were acquired by Michael D. Farkas and his company, Car Charging Group. The company was renamed Blink Charging on Aug 29, 2017. In March 2023, Blink was one of three EV charger suppliers chosen by the U.S. Postal Service as part of its electric vehicle fleet upgrade; Blink will supply up to 41,500 EV chargers.

From Wikipedia’s article on Blink Charging, shared under CC BY-SA 4.0.⁶

Acquisitions

Blink Network

In October 2013, the Blink network was acquired from ECOtality after its chapter 11 bankruptcy.

SemaConnect

In June 2022, Blink acquired SemaConnect.

Envoy Technologies

In April 2023, Blink announced its subsidiary Blink Mobility, LLC, purchased electric vehicle sharing platform developer, Envoy Technologies.