Blink Charging Co. · NASDAQ:BLNK
Blink Charging — Q4 2025 Earnings Presentation
17 slides from Blink Charging's earnings presentation, Mar 26, 2026
Slide 1: Fourth Quarter 2025 and FY2025 Earnings Results
FOURTH QUARTER 2025 AND FY2025 EARNINGS RESULTS March 26, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains statements that are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, that are based on management’s cu
Slide 3: CEO Perspective
CEO PERSPECTIVE Mike Battaglia President and CEO 3 3
Slide 4: Bold Actions Driving Change
BOLD ACTIONS DRIVING CHANGE Significant Improved Improved OpEx Working Revenue Mix Improvement Capital $39 million run-rate reduction 2nd consecutive quarter of Achieved a record 54% in annual OpEx from Q1 ~$2 million in cash burn Recurring Revenue Mix 4 4 4
Slide 5: Revenue and Gross Margin Consistency
REVENUE AND GROSS MARGIN CONSISTENCY 5 5 * Q2 2025 and Q4 2025 gross margin calculations on this slide exclude non-cash charges 5
Slide 6: Q4 Highlights
Q4 HIGHLIGHTS Mike Battaglia President and CEO 6 6
Slide 7: Q4 2025 Highlights
Q4 2025 HIGHLIGHTS1 $27.0M $4.3M 15.8% Total Revenue Gross Profit Gross Margin Gross Margin, excluding 4 37.8% non-cash charges +1,106 bps YoY $14.7M ~53 GWh 62% Service 187% Disbursed Revenues2 on Blink Networks 1 All comparisons are Q4 -2025 year-over-year, unless otherwise noted 2 Service Revenue
Slide 8: Revenue Growth Driven by Enhanced Charger Utilization (FY2025)
REVENUE GROWTH DRIVEN BY ENHANCED CHARGER UTILIZATION (FY2025)* YoY Growth 53% in Network Fees YoY Growth 45% 49% in Charging Revenue YoY Service Revenue Growth YoY Growth in 211% Revenue from US Blink Owned DC Chargers * - Comparison of FY2025 vs FY2024 8
Slide 9: DC Charger Portfolio Stats in U.S.
DC CHARGER PORTFOLIO STATS IN U.S. Owner Operated Model Represents Significant Future Opportunity BlinkCharging.com • (888) 998.2546 CONFIDENTIAL BlinkCharging.com • (888) 998.2546 EV Charging Solutions with Blink CONFIDENTIAL © 2024 Blink Charging Co. All Rights Reserved. 9
Slide 10: Continued Improvement in OpEx and Cash Burn
CONTINUED IMPROVEMENT IN OPEX AND CASH BURN Cash Burn ($ in millions) $16.7 $13.4 $2.2 $2.0 Q1-2025 Q2-2025 Q3-2025 Q4-2025 *Excludes non-cash charges for impairment of goodwill and change in fair value of consideration payable, reversal of the provision for doubtful accounts receivable, and expense
Slide 11: Financial Highlights
FINANCIAL HIGHLIGHTS Futura Std Book (bold) Michael Bercovich CFO 11
Slide 12: Selected Financials
SELECTED FINANCIALS Q4 Q4 YoY FY FY YoY ($ in 000s) 2025 2024 Change 2025 2024 Change Product Sales $11,037 $17,165 (35.7%) $46,961 $81,703 (42.5%) Service Revenue (1) $14,680 $9,076 61.7% $49,294 $34,064 44.7% Other Revenue (2) $1,325 $1,779 (25.5%) $7,265 $8,270 (12.2%) Total Revenues $27,042 $28,
Slide 13: Concluding Remarks
CONCLUDING REMARKS Mike Battaglia President and CEO 13 13
Slide 14: Q&A
Q&A 14 14
Slide 15: Appendix
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Slide 16: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (In thousands and unaudited) Q4 Q4 FY FY 2025 2024 2025 2024 Net loss ($32,733) ($76,697) ($83,385) ($201,318) Interest expense, net 9 (44) (19) 431 Income taxes expense 154 482 317 656 Depreciation and amortization 3,048 2,856 12,832 13,408 EBITDA (1) (
Slide 17: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES Q4 Q4 FY FY (unaudited) 2025 2024 2025 2024 Net loss – per diluted share ($0.28) ($0.76) ($0.76) ($2.00) Add: Amortization expense of intangible assets $0.01 $0.01 $0.04 $0.06 Acquisition-related costs - - - $0.00 Impairment of goodwill and intangible as