10-K · April 30, 2026
Blink Charging Company has continued its transition towards a more efficient operational structure with the completion of its BlinkForward initiative and a notable expansion in charging infrastructure, acquiring…
Earnings analysis · 10-Q
BLNK earnings analysis
Filed May 11, 2026 · Our reading of the company's report
The latest report
Blink Charging Co. reported slight growth in total revenue for Q4 2026, reaching $20.8 million, an increase of 0.3% year-over-year despite a significant decline in product sales. Operating expenses decreased by 35%,…
Read full summary
Blink Charging Co. reported slight growth in total revenue for Q4 2026, reaching $20.8 million, an increase of 0.3% year-over-year despite a significant decline in product sales. Operating expenses decreased by 35%, resulting in a reduced net loss of $11.6 million compared to $21.0 million in the same quarter last year. The company continues to anticipate future operational challenges and competition within the EV charging space.
Gross and operating margin
How much of each revenue dollar the business keeps.
One point per quarterly or annual filing. Both margins are shares of that report's revenue.
From revenue to operating profit
Where each $100 of revenue went in this report.
Cost of sales, operating expenses, and what remained. Figures are rounded to whole dollars.
How we read each report
Our analysis across the last few reports.
Our model's reading of each filing, not the share price or the market's reaction. Annual and quarterly reports each occupy one position.
Reported figures
- Earnings per share
- $-0.11
What stood out
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Steady Total Revenue Growth
Total revenue for Q4 2026 was $20.8 million, a modest increase of $61 or 0.3% compared to $20.7 million in Q4 2025.
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Service Revenue Surge
Service revenue increased by $2.7 million or 29%, reaching $12.2 million, offsetting declines in product sales.
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Significant Reduction in Operating Expenses
Total operating expenses fell by 35%, from $28.4 million in Q4 2025 to $18.4 million in Q4 2026.
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Narrowed Net Loss
Net loss improved by 45% to $11.6 million in Q4 2026, down from $21.0 million in the previous year.
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Cashflow Turnaround
Operating cash flow turned positive to $671,000 in Q4 2026, a substantial improvement from cash used of $13 million in Q4 2025.
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Balance Sheet Stabilization
Cash and cash equivalents totaled $37.99 million as of March 31, 2026, a decrease from $39.57 million at year-end.
What to watch
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Continued Operating Losses
The company reported a net loss of $11.6 million for Q4 2026, contributing to an accumulated deficit of $833.99 million.
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Dependence on EV Market Growth
Blink's performance hinges on EV adoption rates, which may slow due to various market factors.
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Competitive Landscape
The company faces increasing competition in the EV charging market, which may hinder revenue growth.
Management's outlook
Management anticipates total revenue between $105 million and $115 million for FY 2026, with gross margins expected around 35%.
Earlier filings 4
10-K · March 31, 2026
Blink emphasizes a shift to a leaner, owner-operator model under its BlinkForward initiative (workforce cut from 513 to ~320 and transition to contract manufacturing completed in January 2026) while expanding its…
10-Q · May 12, 2025
Blink reported Q1 revenue of $20,754,000, down 44.8% from $37,568,000 a year ago, with gross margin roughly flat at 35.5% and an operating loss widening to $21,080,000. The company generated a net loss of $20,707,000…
10-K · April 9, 2025
Blink Charging positions itself as a vertically integrated EV charging owner/operator and manufacturer, emphasizing long-term Property Partner contracts (typical terms 9 years/7 years with extensions to 27/21 years) and…
This is our reading of a public filing, not the filing itself. Analysis can contain errors; check the source document for full context.