Blink Charging Co
blinkcharging.comWhat Do They Do?
Sells electric-vehicle chargers and network services to property partners, fleets, and drivers; runs car-sharing programs for residents and guests of apartments, offices, and hotels.
10-K for FY2025, filed Mar 31, 2026Blink Charging Co., through its consolidated subsidiaries, is a leading owner, operator, and provider of electric vehicle (“EV”) charging…View ↗
We also own and operate car-sharing programs through our wholly owned subsidiary, Envoy Mobility (formerly Blink Mobility). These programs…View ↗
Energy Management Systems. We offer Energy Management Systems (“EMS”) to fleets to optimize their energy costs. Our EMS solution can be…View ↗
How Do They Make Money?
Property customers buy chargers, with sales tied to shipment or installation; drivers pay by charging session, time, or electricity used. Network fees are billed annually, while extended warranties bring in fees over their contract terms and car-sharing rentals generate rental revenue; grants and rebates also contribute.
10-K for FY2025, filed Mar 31, 2026Our revenues are primarily derived from fees charged to EV drivers for EV charging in public locations, EV charging hardware sales, Blink…View ↗
Product sales – Revenue is recognized at the point where the customer obtains control of the goods and the Company satisfies its…View ↗
Charging service revenue – The Company generates charging service revenue from fees charged to users for the use of charging stations…View ↗
Warranty – Extended warranties represent a stand-ready obligation whereby the Company is obligated to perform over a period of time and, as…View ↗
Network fees and warranty – Represents a stand-ready obligation whereby the Company is obligated to perform over a period of time and, as a…View ↗
Car-sharing services – Relate to revenues and expenses from electric vehicle-sharing and electric vehicle charging services provided to…View ↗
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10-K for FY2025, filed Mar 31, 2026
FY2025 revenue by product or service ↗
$103.5M
-
10-K for FY2025, filed Mar 31, 2026
$103.5M ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Product
Sold outright
10-K for FY2025, filed Mar 31, 2026 |
45%
FY2022: 75%
|
Product, FY2025
$47M Sources
|
Sold outright |
|
Service
Usage-based
10-K for FY2025, filed Mar 31, 2026 |
31%
FY2022: 11%
|
Service, FY2025
$32.3M Sources
|
Usage-based |
|
Network
Recurring
10-K for FY2025, filed Mar 31, 2026 |
12%
FY2022: 7.2%
|
Network, FY2025
$12.2M Sources
|
Recurring |
|
Warranty
|
3.7%
FY2022: 1.5%
|
Warranty, FY2025
$3.8M Sources
|
|
|
Grant and Fee Rebate
|
0.3%
FY2022: 0.5%
|
Grant and Fee Rebate, FY2025
$310K Sources
|
|
|
Car Sharing Services
Recurring
|
4.7%
FY2022: 2.1%
|
Car Sharing Services, FY2025
$4.8M Sources
|
Recurring |
|
Other
|
3.0%
FY2022: 2.3%
|
Other, FY2025
$3.1M Sources
|
Who Are Their Customers?
Blink sells equipment and software directly and through distributors and resellers to property partners, including municipalities and commercial operators; fleets use its energy-management services, and drivers use charging locations and the mobile app.
10-K for FY2025, filed Mar 31, 2026Blink Charging Co., through its consolidated subsidiaries, is a leading owner, operator, and provider of electric vehicle (“EV”) charging…View ↗
Energy Management Systems. We offer Energy Management Systems (“EMS”) to fleets to optimize their energy costs. Our EMS solution can be…View ↗
Expand Sales and Marketing Resources. We intend to further invest in sales and marketing infrastructure to capitalize on market growth and…View ↗
We also engage with strategic distributor and reseller partners across a range of vertical markets within the US, mainland Europe, and the…View ↗
Our revenues are primarily derived from fees charged to EV drivers for EV charging in public locations, EV charging hardware sales, Blink…View ↗
10-K for FY2025, filed Mar 31, 2026
As of December 31, 2025, accounts receivable from a significant customer was 18% of total accounts receivable and accounts receivable from…View ↗
Do Revenues Turn Into Profits?
No. It lost $83.4M in FY2025.
10-K for FY2025, filed Mar 31, 2026
−$84.1MView ↗
10-K for FY2025, filed Mar 31, 2026
−$83.4MView ↗
10-K for FY2025, filed Mar 31, 2026
−$40.6MView ↗
How Are They Changing?
- Net income
-
Sources
10-Q for Q2 FY2026, filed Aug 7, 2026
−$6MView ↗
- ▼ −79% (Loss)
- vs −$29.3M in Q2 FY2025
10-Q for Q2 FY2026, filed Aug 7, 2026
Open tableView ↗
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Aug 6, 2026
Blink sold Envoy Technologies to Blade Ranger
The company said the sale reflects a shift toward its core products and services.
Sources
8-K, filed Aug 6, 2026
On June 5, Blink sold its wholly owned subsidiary, Envoy Technologies, to Blade Ranger Ltd., an Israeli publicly traded company. The…View ↗
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Jul 28, 2026
Nasdaq gave Blink more time to meet its minimum bid-price rule
If Blink does not comply by January 25, 2027, Nasdaq may notify it that its securities will be delisted.
Sources
8-K, filed Jul 28, 2026
On July 28, 2026, the Company received a second notice (the “Second Notice”) from Nasdaq indicating that, while the Company has not yet…View ↗
Growing. Revenue grew 4.9x in 4 years, from $20.9M in FY2021 to $103.5M in FY2025, about 49% a year.
Outsourced hardware production
The earlier report described Blink as a manufacturer and listed manufacturing facilities; the latest says hardware production has moved to contract manufacturers and Blink no longer has in-house manufacturing facilities.
10-K for FY2022, filed Mar 14, 2023 10-K for FY2025, filed Mar 31, 2026
Who Do They Compete With?
Competes with ChargePoint, EVgo, Electrify America, Tesla, Loop, Swtch, Flo, Clipper Creek, StarCharge, Wallbox, Autel, and EV Connect
10-K for FY2025, filed Mar 31, 2026The EV charging equipment and service market is highly competitive, and we expect the market to become increasingly competitive as new…View ↗
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