Bowie, MD, May 13, 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 highlighted the strong momentum in its DC fast charging (DCFC) infrastructure expansion during the first quarter of 2026, as the Company continues to deliver on its strategy to expand its owned and operated fast charging sites, supporting long-term, repeatable revenue growth.

As of March 31, 2026, Blink advanced a focused pipeline of DCFC sites progressing across several active stages of development, including 27 sites approved or under construction. Upon completion, these sites are expected to deliver a combined 136 stalls, expanding access to reliable, convenient, fast charging for EV drivers.

Included among the completed sites is the recently installed high-powered DCFC site at Vasa Fitness in Lafeyette, Colorado, offering 600kW total capacity with up to 360kW peak per stall. Additionally, this list includes two 180kW dual-port DC fast chargers at Morganton Plaza in North Carolina, and two single-port DC fast chargers in Brooklyn, New York. The approved pipeline includes planned sites throughout New Jersey, Maryland, Illinois, Pennsylvania, Florida, and further expansion in North Carolina.

“DC fast charging is central to how we are building Blink for the next decade and beyond, and we are energized by the pace of progress we’re seeing across our pipeline,” said Mike Battaglia, President and CEO of Blink Charging. “We are moving with focus and discipline, deploying capital intentionally and strategically on high-quality sites, and building infrastructure designed to drive utilization and meet the growing demands of EV drivers.”

As additional DCFC sites come online, Blink expects its expanding network to drive higher utilization and continued growth in service revenue, which the Company reported rose 25% year-over-year in Q1 2026.

With a streamlined cost structure and debt-free balance sheet, Blink is focused on scaling its DCFC footprint and expanding access to fast, convenient charging through a deliberate, strategic approach as it progresses through the remainder of 2026.

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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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

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 of 42.4%, 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:

 (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 $20.8 million in the first quarter of 2026, compared to $20.7 million in the first quarter of 2025, an increase of 0.3% year-over-year.

Product revenues were $6.2 million in the first quarter of 2026, compared to $8.4 million in the first quarter of 2025, a decrease of 26.1% year-over-year, reflecting the continued strategic shift away from transactional and non-strategic sales toward focused and disciplined sales, along with the repeatable and recurring service revenue program.

Service revenues, which consist of repeatable charging service revenues, recurring network fees, and car-sharing service revenues, increased by $2.7 million or 25.0% to $13.3 million in the first quarter of 2026, compared to $10.7 million in the first quarter of 2025. It represented 64.2% of total revenue in the first quarter of 2026, up from 51.6% in the same period of last year, reflecting continued momentum in Blink’s higher-quality, repeatable and recurring revenue streams.

Other revenues, which are comprised of warranty fees, grants and rebates, and additional sources, were $1.2 million in the first quarter of 2026, compared to $1.7 million in the first quarter of 2025.

GROSS PROFIT

Gross profit was $6.6 million or 32.0% of revenues in the first quarter of 2026, compared to gross profit of $7.1 million, or 34.1% of revenues, in the first quarter of 2025. Non-GAAP gross profit was 42.4% during the quarter compared to 40.3% for first quarter of 2025. The year-over-year change in non-GAAP gross profit reflects the continued shift toward service revenue, partially offset by higher cost of service revenue as Blink expands its owner-operated DC fast charging footprint, and in line with the 2026 guidance we provided last quarter.

OPERATING EXPENSES

Operating expenses in the first quarter of 2026 decreased by 35.3% to $18.4 million compared to $28.5 million in the first quarter of 2025. The decrease was primarily driven by lower compensation expense of $10.2 million (versus $13.6 million in the prior year period), lower general and administrative expenses of $4.6 million (versus $8.9 million), and lower other operating expenses of $3.6 million (versus $5.3 million), reflecting the structural cost reset Blink implemented throughout 2025 with the BlinkForward initiative.

Non-GAAP operating expenses in the first quarter of 2026 were $13.9 million, compared to $22.6 million in the first quarter of 2025, a decrease of 38.6% year-over-year.

NET LOSS AND LOSS PER SHARE

Net Loss for the first quarter of 2026 was $(11.6) million, or $(0.08) per basic and diluted share, compared to a net loss of $(21.0) million, or $(0.21) per basic and diluted share, in the first quarter of 2025, an improvement of 44.9% year-over-year.

Non-GAAP Net Loss for the first quarter of 2026 was $(7.8) million, or $(0.06) per share, compared to a Non-GAAP Net Loss of $(17.4) million, or $(0.17) per share, in the first quarter of 2025, an improvement of 55% year-over-year. As of March 31, 2026, Blink’s weighted average number of shares outstanding was 143.2 million. As of March 31, 2025, the weighted average number of shares outstanding was 102.5 million.

ADJUSTED EBITDA

Non-GAAP adjusted EBITDA for the first quarter of 2026 was a loss of $(5.1) million compared to an adjusted EBITDA loss of $(14.3) million in the first quarter of 2025, an improvement of approximately 65% year-over-year.

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 $38.0 million compared to $39.6 million as of December 31, 2025. Blink had no debt as of March 31, 2026. Net cash provided by operating activities was $0.7 million for the first quarter of 2026, compared to net cash used in operating activities of $(13.0) million in the first quarter of 2025.

GUIDANCE

As previously communicated, for the full year 2026, given our expected revenue range of $105 million to $115 million, we continue to anticipate gross margins of approximately 35% on GAAP basis.

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.

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BLINK CHARGING CO.
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS, EXCEPT FOR SHARE AND PER SHARE AMOUNTS)
(UNAUDITED)

BLINK CHARGING CO.
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT FOR SHARE AMOUNTS)
(UNAUDITED)

 BLINK CHARGING CO. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(IN THOUSANDS)
(UNAUDITED)

[1] For the three months ended March 31, 2025, includes gross proceeds of $909, less issuance costs of $18.

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:

The following table reconciles EPS attributable to Blink Charging to Non-GAAP Adjusted EPS for the periods shown:

The following table reconciles GAAP Gross Margins and Operating Expenses to Non-GAAP Gross Margins and Operating Expenses for the periods shown:

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

Bowie, MD, May 06, 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, has announced it is teaming with Emobi, one of North America's largest EV charging roaming and JustPlug infrastructure. The collaboration connects Blink’s extensive portfolio of fleet and public charging infrastructure into Emobi’s unified roaming and JustPlug ecosystem, intended to bringing seamless roaming and automated charging experiences to one of North America’s most widely deployed EV charging networks.

As EV adoption accelerates, drivers still face a fragmented charging landscape, managing multiple apps and inconsistent access across networks. This collaboration addresses that problem by unifying access, enabling drivers to charge seamlessly through apps and platforms they already use.

Blink manages more than 56,000 networked EV charging ports, with deployments across multifamily housing, campuses, workplaces, and fleet depots, in addition to a strong extensive public charging presence.

By integrating Blink’s network into Emobi’s roaming infrastructure, drivers are expected to be able to access Blink chargers through a wide range of automaker systems, fleet platforms, and mobile applications, with a standardized and reliable experience. The intended result is an enhanced charging experience that feels more personalized and closer to the simplicity of traditional fueling.

For fleet operators, Emobi’s normalization and data standardization engine is expected to enable faster onboarding and reduce integration complexity, while delivering a more consistent charging experience for fleets through seamless access across networks. This further strengthens Emobi’s role as the platform connecting charging networks into a driver-ready ecosystem.

The collaboration, which kicks off with an initial one-year term, also unlocks a path for Blink’s customers toward fully automated charging through Emobi’s JustPlug technology, enabling drivers to simply plug in and charge, with authentication and payment handled seamlessly in the background. JustPlug removes a major barrier to ISO-15118 Plug&Charge adoption and enables seamless, automated charging across DCFC fast chargers, Level 2 chargers, and other EV charging infrastructure solutions without requiring hardware upgrades or firmware changes.

“As charging networks scale, it becomes harder to stay attuned to the driver experience; but Blink has managed to do both, building one of the most recognized and driver-friendly networks in the market,” said Lin Sun Fa, CEO of Emobi. “By bringing Blink into Emobi’s ecosystem, we’re giving drivers the flexibility to charge through the platforms they choose, while enabling a seamless and fully automated experience with JustPlug.”

"This collaboration marks the latest in a series of significant milestones designed to enhance the EV driver experience and boost the accessibility of our charging solutions,” said Mike Battaglia, President and CEO at Blink. “We are excited to be teaming with Emobi to allow EV drivers to easily access and utilize our chargers. Blink maintains a ‘right charger, right place, right time’ mindset, allowing us to proactively address the growing infrastructure demands of EV drivers. Teaming with Emobi, enhances our ongoing strategy of network integration with leading providers across the EV ecosystem, which in turn is expected to drive charger utilization while allowing for a straightforward, user-friendly experience.”

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About Emobi

Emobi enables seamless and secure EV charging across networks, providing unified infrastructure for app makers, fleets, and automakers, while maximizing charger utilization. Its secure, fully automated charging technology, JustPlug, simplifies EV charging and works instantly with no special hardware or software required. Emobi holds two patents, integrates with over 160,000 chargers across the U.S. and Canada, and serves over 50 enterprise customers. Emobi is trusted by the U.S. Department of Energy and Department of Transportation and backed by global investors including Florida Funders and Y Combinator. For more information, visit www.emobi.ai.

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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 Blink’s collaboration with Emobi. 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. 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 federal securities law.

Emobi Media Contacts:
PR@Emobi.ai

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

To access the live webcast, log onto the Blink Charging website at http://blinkcharging.com, and click on the News/Events section of the Investor Relations page. Investors may also access the webcast vis 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 +1 (919) 882 – 2331. Callers should use replay passcode: 53990.

###

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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Bowie, MD, April 20, 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, is teaming with VASA Fitness in Lafayette, which is in the Denver metro area, to celebrate Earth Day with the offer of two hours of free charging. Additionally, EV drivers can receive at $5 charging credit from April 22-29 for submitting a review of the site on Plugshare.

Blink Charging recently installed a new high-powered DC fast charging site at VASA Fitness in Lafayette, Colorado, featuring Kempower technology. The site offers 600kW total capacity with up to 360kW peak per stall, utilizing both CCS and NACS connectors to support fast and convenient charging.

To celebrate Earth Day and the installation of the new chargers, Blink is offering EV drivers the opportunity to charge their vehicles at no cost for two hours on Earth Day (April 22 from 12pm to 2pm MT) at the VASA fitness parking lot site (480 US-287 Lafayette, CO 80026).

“We’re excited to have recently activated Blink’s most powerful DC fast chargers to date, delivering up to 600 kilowatts at this key VASA Fitness location,” said Mike Battaglia, President and CEO at Blink. “Early utilization at the site is trending upward, reflecting strong demand. This deployment demonstrates the type of high-power fast charging sites that support predictable dwell times and represent compelling long-term growth and value-creation opportunities. This special Earth Day promotion will further draw visibility to the innovative chargers now ready for EV drivers at the VASA Fitness in Lafayette.”

“VASA Fitness is always looking for ways to better serve our members and the neighborhoods we’re part of,” said Michael Osanloo, CEO of VASA Fitness. “Hosting EV charging at our Lafayette location is a simple, convenient way to support our members’ daily routines while contributing to our local community.”

“Kempower technology is designed to deliver reliable, scalable, and user-friendly fast charging, and this site showcases how high-performance infrastructure can seamlessly support drivers’ everyday routines," said Jed Routh at Kempower. "On Earth Day, we’re especially proud to support EV charging providers like Blink who make sustainable transportation more accessible for everyday drivers.”

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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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Bowie, MD, April 17, 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, is teaming with Brookhaven Market, Heartland Charging Services, the City of Darien and the Electrification Coalition to celebrate Earth Day with the offer of two hours of half-priced charging.

A new high-powered DC fast charging site has been deployed at the Brookhaven Market in Darien, Illinois. The site offers six DC fast chargers (12 ports) with up to 180kW peak per stall, utilizing both CCS and NACS connectors to support fast and convenient charging.

To celebrate Earth Day and the installation of the new chargers, the site is offering EV drivers the opportunity to charge their vehicles at 50% off for two hours on Earth Day (April 22 from 1:00pm to 3:00pm ET) at the Brookhaven Market parking lot site (7516 S. Cass Ave., in Darien, IL).

Heartland Charging Services and Blink will also celebrate Earth Day and the launch of the new chargers by hosting an Earth Day EV Charging Showcase and Ribbon Cutting at the event.

Attendees will have the opportunity to see the new EV charging technology up close, meet the teams behind the installation, and connect with organizations working to expand EV infrastructure across the region. Hors d’oeuvres and giveaway items will also be available for guests to enjoy during the event.

“The City of Darien is proud to support the installation of these Level Three charging stations at the Brookhaven Shopping Center as part of our ongoing commitment to environmental responsibility and sustainable growth,” said Joe Marchese, Mayor of Darien. “As a community, we remain mindful to our role in enhancing the quality of life for our residents, and initiatives such as this reflect that dedication. We are pleased to have helped facilitate this project, and we extend our congratulations to Mr. John Manos and all those whose vision and collaboration allowed this project to come to fruition.”

“We’re excited to have recently activated six DC fast chargers at this key Brookhaven Market location in the Chicago area,” said Jennifer Keyes, Senior Director of Sales at Blink. “This collaborative effort with our fellow supporters of electrification demonstrates the type of high-power fast charging sites that support predictable dwell times and represent compelling long-term growth and value-creation opportunities. This special Earth Day promotion will further draw visibility to the innovative chargers now ready for EV drivers at the Brookhaven Market in Darien.”

“This project represents another step forward in expanding EV infrastructure across the Midwest,” said Jeff Brock, Heartland’s CEO. “By adding fast, reliable charging at Brookhaven Market, we’re improving access in a high-traffic location that better fits how people travel and spend time. Our team is proud to support the City of Darien and the Chicagoland area with this installation. Congratulations to John Manos, and we appreciated working closely with all of our partners throughout the process to deliver this site.”

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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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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/

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Bowie, MD, April 16, 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, is teaming with Lake City Hotels to celebrate Earth Day with the offer of two hours of free charging in Lake City, Florida. Additionally, EV drivers can receive a $5 charging credit from April 22-29 for submitting a review of the site on Plugshare.

Blink Charging recently installed a new high-powered Blink-owned and operated DC fast charging site at the Comfort Suites Lake City parking lot. The site offers ABB Terra all-in-one DC fast chargers that offer power up to 180 kW, with convenient charging times for every EV – including those with HV batteries – with two connectors options to support fast and convenient charging.

To celebrate Earth Day and the installation of the new chargers, Blink is offering EV drivers the opportunity to charge their vehicles at no cost for two hours on Earth Day (April 22 from 12pm to 2pm ET) at the Tru by Hilton parking lot at 3690 W. US Hwy 90, Lake City, FL 32024.

“We’re excited to support our friends at Lake City Hotels and the EV charging infrastructure needs at the Comfort Suites location,” said Mike Battaglia, President and CEO at Blink. “This collaborative effort with our fellow supporters of electrification demonstrates the type of high-power fast charging sites that support customer convenience and represent compelling long-term growth, value-creation and revenue share opportunities. This special Earth Day promotion will further draw visibility to the innovative chargers now ready for EV drivers at the hotel.”

“We are happy to work with Blink to bring reliable DC fast charging to the Comfort Suites Lake City,” said Nick Patel, the site owner. “Providing access to convenient EV charging supports our guests, the local community, and the growing number of drivers choosing electric vehicles. This Earth Day promotion is a great way to introduce travelers and residents to the new charging site and highlight the value of accessible charging at our property.”

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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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Bowie, MD, April 14, 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, is teaming with The Rosemyr Corporation to celebrate Earth Day with the offer of two hours of free charging at The Rosemyr Corporation’s Morganton Plaza shopping center in Morganton, North Carolina. Additionally, EV drivers can receive a $5 charging credit from April 22-29 for submitting a review of the site on Plugshare.

Blink Charging recently installed a new high-powered Blink-owned and operated DC fast charging site in the Morganton Plaza parking lot. The site offers four DC fast charger plugs and two different connector options to support fast and convenient charging.

To celebrate Earth Day and the new chargers’ installation, Blink is offering EV drivers the opportunity to enjoy free charging for two hours on Earth Day (April 22 from 12pm to 2pm ET) at the Morganton Plaza parking lot at 112 East Fleming Drive, Morganton, NC 28655.

“We’re excited to support The Rosemyr Corporation and Morganton Plaza and provide solutions for the western North Carolina region’s EV charging infrastructure needs,” said Jen Yokely, Chief Marketing Officer at Blink. “This collaborative effort with our fellow supporters of electrification demonstrates the type of high-powered fast charging sites that support predictable dwell times and represent compelling long-term growth and value creation opportunities. This Earth Day promotion will further draw visibility to the innovative chargers now ready for EV drivers in the area and customers of the shopping center.”

“By teaming with Blink and offering EV charging to the local community and guests of Morganton Plaza, we reaffirm our shared mission to bring a heightened level of convenience to the people of Morganton, and surrounding residents,” said Michelle O’Keefe of The Rosemyr Corporation. “We look forward to working closely with Blink to make our sustainability and accessibility goals a reality – not just for Earth Day, but for every day moving forward.”

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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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Bowie, MD, March 26, 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 fourth quarter, and full year, ended on December 31, 2025.

FOURTH QUARTER HIGHTLIGHTS

• Fourth quarter 2025 total revenues were $27.0 million. Full year 2025 total revenues were $103.5 million.
• Fourth quarter 2025 service revenues grew 62.0% year-over-year (YOY) to $14.7 million. Full year 2025 service revenues increased 44.7% year-over-year to $49.3 million.
• Service revenue represented 54% of total revenue in the fourth quarter of 2025, up from 32% in fourth quarter last year, and 48% for the full year, compared to 27% in 2024.
• Operating expenses down 34% from first quarter of 2025 and 15% sequentially, adjusted for non-recurring items.
• Reduced cash burn by 85% since first quarter to approximately $2 million per quarter for two consecutive quarters. Ended year with $39.5 million in cash and no debt.
  
  

The following top-line highlights are in thousands of US dollars:

(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, “2025 was defined by our disciplined execution and strengthening the core of our business. We streamlined operations and our cost structure, improved margins and grew repeatable and recurring service revenue, putting Blink on a resilient and scalable path. Blink is now operating as a faster, leaner organization with a durable long-term direction, and we will continue executing with that same focus as we expand our owner-operated DC fast charging network in the most lucrative markets. We're proud for delivering on our commitments in 2025, and we now look forward to scaling and continuing to drive.”

Michael Bercovich, Chief Financial Officer of Blink Charging, commented, “Throughout 2025, Blink made deliberate structural improvements to our financial profile. We significantly reduced our operating expenses, improved transparency in reporting, and continued optimizing our operational processes to match our scale and goals. The successful and efficient completion of our December 2025 capital raise is a clear reflection of market confidence in the foundation Blink has built, the Company's long-term direction, and the value of our growing DC fast-charging owner-operated footprint. The raise and its outcome reinforce the credibility of the strategy we're pursuing and validate our position as a debt-free company committed to accretive investment. With a clean capital structure and a focused investment approach, we are well positioned to scale thoughtfully and sustainably.”

PUBLIC EQUITY OFFERING

In December 2025, the Company completed a $20 million public equity offering on NASDAQ capital markets, strengthening the Company’s liquidity and accelerating investment in Blink’s owner-operated DC fast charging footprint. This disciplined approach focuses on building durable, high-value infrastructure rather than maximizing raw installation volume.

BUSINESS OUTLOOK AND GUIDANCE

Based on current visibility, the Company expects continued growth in repeatable charging services and network recurring revenue, supported by improving utilization trends, and expansion of DC fast charging deployments. The shift toward higher quality, repeatable, and recurring service revenue remains a core strategic priority. The Company expects margin contribution from this segment to strengthen as utilization and network density continue to increase.

Product revenue is projected to reflect continued discipline following the transition to contract manufacturing, with a strong focus on capital-efficient opportunities. Blink is committed to scalable and sustainable operational and financial progress. For the full year 2026, the Company expects revenue to be in the range of $105 million to $115 million, with gross margins of approximately 35%. The Company also anticipates significantly reduced Adjusted EBITDA losses compared to prior periods. Management expects continued operational improvements to position the Company for profitability.

FOURTH QUARTER AND FULL YEAR 2025 FINANCIAL RESULTS

REVENUES

Total revenues were $27.0 million in the fourth quarter of 2025 and $103.5 million for full year 2025. This compares to full year 2024 revenues of $124.0 million.

Product revenues were $11.0 million in the fourth quarter of 2025, compared to $17.2 million in the fourth quarter of 2024. In total, product revenues were $47.0 million in 2025 compared to $81.7 million in 2024.

Service revenues, which consist of repeatable charging service revenues, recurring network fees, and car-sharing service revenues, increased by $5.6 million or 62% to $14.7 million in the fourth quarter of 2025, compared to service revenues of $9.1 million in the fourth quarter of 2024. Service revenues were a record 54% of total revenue in the fourth quarter 2025 compared with 32% in the same period of last year.

Service revenues for 2025 were $49.3 million compared to $34.1 million in 2024, a 45% increase. Service revenues represented 48% of full year 2025 revenue versus 27% for full year 2024.

Other revenues, which comprised warranty fees, grants and rebates, and additional sources, were $1.3 million in the fourth quarter of 2025, compared to $1.8 million in the fourth quarter of 2024. In 2025, other revenues totaled $7.3 million as compared to $8.3 million in 2024.

GROSS PROFIT

Gross profit was $4.3 million or 15.8% of revenues in the fourth quarter of 2025, compared to gross profit of $4.4 million, or 15.7% of revenues, in the fourth quarter of 2024. Gross profit in the fourth quarter of 2025 included non-cash charges of $5.9 million, primarily driven by legacy inventory adjustments related to Blink’s realignment to contract manufacturing and optimized inventory levels. Excluding the impact of these charges, the gross profit would have been $10.2 million or 37.8% of revenues.

Gross profit in 2025 was $25.5 million or 24.6% of revenues compared to $37.6 million or 30.3% of revenues in the same prior year period. In 2025, the decrease in gross profit was primarily impacted by non-cash inventory adjustments of $11.8 million. Excluding the impact of these charges, the gross profit would have been $37.3 million or 36% for the full year 2025.

OPERATING EXPENSES

Operating expenses in the fourth quarter of 2025 decreased by 54% to $37.0 million compared to $81.2 million in the fourth quarter of 2024. Operating expenses in the fourth quarter of 2025 included $18.7 million related to the impairment of goodwill and intangible assets of the Mobility segment.

Operating expenses for the full year of 2025 were $109.6 million compared to $240.8 million in the same period of 2024.

NET LOSS AND LOSS PER SHARE

Net Loss for the fourth quarter of 2025 was $(32.7) million, or $(0.28) per basic and diluted share, compared to a net loss of $(76.7) million, or loss of $(0.76) per basic and diluted share in the fourth quarter of 2024. The total net loss in 2025 was $(83.4) million or loss of $(0.76) per basic and diluted share, compared to a total net loss in 2024 of $(201.3) million or loss of $(2.00) per basic and diluted share.

As of December 31, 2025, Blink’s weighted average number of shares outstanding was 109.1 million.

As of December 31, 2024, the weighted average number of shares outstanding was 100.8 million.

ADJUSTED EBITDA AND ADJUSTED EPS

Adjusted EBITDA for the fourth quarter of 2025 was a loss of $(10.3) million compared to an adjusted EBITDA loss of $(14.8) million in the same period of 2024. Total adjusted EBITDA for 2025 was a loss of $(58.1) million compared to a total adjusted EBITDA loss of $(52.7) million in 2024.

Adjusted EBITDA (defined as earnings/loss before interest income/expense, income taxes expense, depreciation and amortization, stock-based compensation, acquisition related costs, impairment of goodwill and intangible assets, loss related to underperforming assets of subsidiary, change in fair value related to consideration payable) is a non-GAAP financial measure management uses as a proxy for net income/loss. See “Non-GAAP Financial Measures” for a reconciliation of GAAP to Non-GAAP financial measures included at the end of this release.

Adjusted EPS for the fourth quarter of 2025 was a loss of $(0.11) compared to an adjusted EPS loss of $(0.17) in the fourth quarter of 2024. Total adjusted EPS in 2025 was a loss of $(0.63) compared to a total adjusted EPS loss of $(0.64) in the same period of 2024.

Adjusted EPS (defined as earnings/loss per diluted share) is a non-GAAP financial measure management uses to assess earnings/loss per diluted share excluding non-recurring items such as amortization expense of intangible assets, acquisition-related costs, impairment of goodwill and intangible assets, loss related to disposal of underperforming assets of subsidiary, change in fair value related to consideration payable, and assets impairments. See “Non-GAAP Financial Measures” for a reconciliation of GAAP to Non-GAAP financial measures included at the end of this release.

CASH LIQUIDITY

As of December 31, 2025, cash, cash equivalents, and marketable securities totaled $39.6 million compared to $55.4 million as of December 31, 2024. Blink had no debt as of December 31, 2025.

EARNINGS CONFERENCE CALL

Blink Charging will host a conference call and webcast to discuss fourth quarter 2025 results today, March 26, 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/2468/53795

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: 218910.

A replay of the teleconference will be available until April 23, 2026, and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use replay passcode: 53795.

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BLINK CHARGING CO.
CONSOLIDATED STATEMENTS OF OPERATIONS
(IN THOUSANDS, EXCEPT FOR SHARE AND PER SHARE AMOUNTS)
(UNAUDITED)

BLINK CHARGING CO.
CONSOLIDATED BALANCE SHEETS
(IN THOUSANDS, EXCEPT FOR SHARE AMOUNTS)
(UNAUDITED)

BLINK CHARGING CO. AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF CASH FLOWS
(IN THOUSANDS)
(UNAUDITED)

NON-GAAP FINANCIAL MEASURES
The following table reconciles Net Loss attributable to Blink Charging to EBITDA and Adjusted EBITDA for the periods shown:

The following table reconciles EPS attributable to Blink Charging to Adjusted EPS for the periods shown:

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.

EBITDA is defined as earnings (loss) attributable to Blink Charging before interest income (expense), provision for income taxes, depreciation and amortization. Blink Charging believes EBITDA is useful to its management, securities analysts, and investors in evaluating operating performance because it is one of the primary measures used to evaluate the economic productivity of the Company’s operations, including its ability to obtain and maintain its customers, its ability to operate its business effectively, the efficiency of its employees and the profitability associated with their performance. It also helps Blink Charging’s management, securities analysts, and investors to meaningfully evaluate and compare the results of the Company’s operations from period to period on a consistent basis by removing the impact of its merger and acquisition expenses, financing transactions, and the depreciation and amortization impact of capital investments from its operating results.

The Company also believes that Adjusted EBITDA (defined as EBITDA adjusted for non-recurring or non-cash items such as stock-based compensation, acquisition related costs, impairment of goodwill and intangible assets, loss related to underperforming assets of subsidiary, change in fair value related to consideration payable) is useful to securities analysts and investors to evaluate the Company’s core operating results and financial performance because it excludes items that are significant non-cash or non-recurring expenses reflected in the Consolidated Statements of Operations.

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.

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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com

To access the live webcast, log onto the Blink Charging website at http://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/2468/53795

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: 218910.

A replay of the teleconference will be available until April 23, 2026, and may be accessed by dialing (877) 481-4010. International callers may dial (919) 882-2331. Callers should use replay passcode: 53795.

###

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 network (“Blink Network”), EV charging equipment, and EV charging services. The Blink Network uses 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 as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future. Those statements include statements regarding the intent, belief, or current expectations of Blink Charging and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including achieving projected revenue, adjusted EBITDA and gross margin targets as described in Blink Charging’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink Charging undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.

Blink Investor Relations Contact
Vitalie Stelea
IR@BlinkCharging.com

Blink Media Contact
Felicitas Massa
PR@BlinkCharging.com