Blink Charging Co. · NASDAQ:BLNK
Blink Charging — Q3 2026 Earnings Presentation
28 slides from Blink Charging's earnings presentation, Nov 5, 2026
Slide 1: Q3 2026 Earnings Call
— bink ENERGY Q3 2026 Earnings Call NOVEMBER 5TH, 2026
Slide 2: Safe Harbor Statement
Forward-Looking Statements This presentation contains 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 current expectations a
Slide 3: Q3 Highlights
Q3 HIGHLIGHTS Mike Battaglia President and CEO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 3
Slide 4: Q3 2026 Highlights – First Positive Adj. EBITDA
Q3 2026 Highlights – First Positive Adj. EBITDA Q3 2026 ADJUSTED EBITDA +$7.5M YoY improvement POSITIVE $0.2M First positive quarter $(7.3)M in Blink’s history One quarter ahead of target Q3 2025 Q3 2026 $18.4M $4.8M 26.3% Total Revenue Gross Profit Gross Margin $10.0M ~55.6 GWh 55.0% Service Revenu
Slide 5: CEO Perspective: Executing For the Future
CEO PERSPECTIVE: Executing For the Future Mike Battaglia Chief Executive Officer EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 5
Slide 6: Blink Energy Third Quarter 2026 Earnings Call
Blink Energy Third Quarter 2026 Earnings Call, November 2026
Slide 7: Why Now: Power Demand Forecast Up 29% By 2030
Why Now: Power Demand Forecast Up 29% By 2030 US electricity use, TWh (E = utility forecasts filed with FERC) +166 GW Summer peak demand growth forecast for 2025 to 2030, about 15 +29% times New York City's peak load 5,591 TWh 4,335 TWh ~55% Share of forecast load growth from data centers; ERCOT, PJ
Slide 8: Why Now: The Electric Grids Are Under Strain
Why Now: The Electric Grids Are Under Strain 13 of 23 regions at risk PJM 6.8 GW short NERC, which sets reliability PJM, the grid operator for 13 Mid- standards for the North American Atlantic and Midwest states, cleared grid, rates 13 of 23 regions at its 2028/29 capacity auction at the elevated or
Slide 9: Blink Charging Becomes Blink Energy
Blink Charging Becomes Blink Energy Three products, one site Blink EnergyConnect managing Blink chargers: charging, energy management and battery storage working as one system. Blink Energy | Third Quarter 2026 Earnings Call 9
Slide 10: Foundation: 48,000+ Networked Chargers
Foundation: 48,000+ Networked Chargers An established global charging business 48,000+ Blink owns, operates and provides EV charging equipment and services for drivers, site hosts and fleets. networked chargers worldwide, owned, operated or supplied by Blink The foundation for energy services The fo
Slide 11: Two Site Challenges, One Blink Energy Answer
Two Site Challenges, One Blink Energy Answer 1 Demand charges 2 Capacity limits Utility demand charges can increase Limits on available electrical capacity operating costs for charging site can complicate expansion. Installing operators and commercial property chargers is only part of the challenge;
Slide 12: Blink Energy Today: Live At 52 DC Fast-Charging Sites
Blink Energy Today: Live At 52 DC Fast-Charging Sites 52* 47 21% 1 Blink-owned DC fast-charging sites with Sites actively using load management Lower billed peak demand across high- EnergyConnect deployed to control charging demand capacity sites its first month Balances charging loads Next: expand
Slide 13: Battery Storage: Next At High Demand-Charge Sites
Battery Storage: Next At High Demand-Charge Sites Store energy for peaks Batteries charge when power is cheap and supply it when demand is high. Cut peak grid draw Less electricity pulled from the grid at peak, so demand charges fall. Add flexibility Sites can expand charging within the capacity the
Slide 14: Blink Energy: A Broader Recurring-Revenue Model
Blink Energy: A Broader Recurring-Revenue Model Deeper relationships Energy services for existing charging customers, and for new customers who want control over electricity cost. Better site economics Lower peak demand through load management and storage, with more chargers added within existing ca
Slide 15: Financial Highlights
FINANCIAL HIGHLIGHTS Michael Bercovich CFO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 15
Slide 16: How We Reached Our First Positive Adj. EBITDA
How We Reached Our First Positive Adj. EBITDA HOW WE GOT HERE Q3 2026 ADJUSTED EBITDA Exited low-margin contracts Adj. gross margin 40.9% → 55.0% +1400 pts POSITIVE Tighter inventory management Inventory $14.2M → $7.1M since year-end -50% First positive quarter in Lower operating expenses Blink’s hi
Slide 17: Quarterly Revenue and Gross Margin
Quarterly Revenue and Gross Margin Total GAAP revenue Total Non-GAAP revenue $20.8M $21.7M $18.4M $18.0M $19.7M $18.4M Q1 Q2 Q3 Q1 Q2 Q3 2026 2026 ($ in millions) Q1 2026 Q2 2026 Q3 2026 Product revenues $6.2 $7.4 $6.4 Service revenues 13.4 12.4 10.1 Other revenues 1.2 1.9 1.9 Total GAAP revenues $2
Slide 18: Selected Financials
Selected Financials ($ in 000s) Q3 2026 Q3 2025 YoY Change Product Revenue $6,413 $13,035 (50.8%) Service Revenue (1) 10,035 10,782 (6.9%) Other Revenue (2) 1,949 2,007 (2.9%) Car-Sharing Revenue (3) - 1,231 (100.0%) TOTAL REVENUES 18,397 27,055 (32.0%) Gross Profit 4,845 9,328 (48.1%) Gross Margin
Slide 19: Financial Performance & Health Trends
Financial Performance & Health Trends Adjusted EBITDA Non-GAAP Gross Margin % 60% $0.2M 55.0% 50% 44.6% First Positive -$2.2M Quarter ! -$3.8M 47.9% -$5.0M 40% 40.9% 42.4% -$7.3M Q3 Q4 Q1 Q2 Q3 30% 2025 2026 Q3 Q4 Q1 Q2 Q3 2025 2026 Non-GAAP Operating Expenses Cash Balance -46% $39.6M $38.0M $34.0M
Slide 20: 2026 Outlook $78M–$81M
2026 Outlook $78M–$81M Updated full-year 2026 revenue from $83M - $90M ~38% Maintaining full-year gross margin Excluding non-cash inventory charges EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 20
Slide 21: Concluding Remarks
CONCLUDING REMARKS Mike Battaglia President and CEO EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 21
Slide 22: Transformation, Stabilization, Growth
Transformation, Stabilization, Growth 2025 2026 2027 1 2 3 Transformation Stabilization Growth • Blink Forward launched in Q1: • Low-margin contracts exited; • Scale EnergyConnect and structural cost reductions and a Envoy business divested battery storage across the leaner organization • Contract m
Slide 23: Q&A
Q&A EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 23
Slide 24: Appendix
APPENDIX EV Charging Solutions with Blink © 2026 Blink Charging Co. All Rights Reserved. 24
Slide 25: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in $ ‘000s) Q3 2026 Q3 2025 GAAP Net Loss (as a % of revenue) (6,701) (36.4%) (332) (1.2%) Share-Based Compensation 505 433 Non-recurring or non-cash charges 3,127 1,389 Other Adjustments (1) (11,701) Non-GAAP Net Loss (as a % of revenue) (3,069) (16.7%) (10,210) (37
Slide 26: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in $ ‘000s) Q3 2026 Q3 2025 GAAP Net Loss per Share (0.05) (0.00) Share-Based Compensation 0.01 0.01 Non-recurring or non-cash charges 0.02 0.01 Other Adjustments (1) 0.00 (0.11) Non-GAAP Net Loss per Share (0.02) (0.09) Provision for Income Tax 0.00 0.00 Interest in
Slide 27: GAAP to Non-GAAP Reconciliation
GAAP to Non-GAAP Reconciliation (in $ ‘000s) Q3 2026 Q3 2025 Reconciliation of GAAP gross profit and margin to non- GAAP gross profit and margin GAAP gross profit and margin 4,845 26.3% 9,328 34.5% Non-recurring or non-cash charges 2,829 - Depreciation 2,453 1,751 Non-GAAP gross profit and margin 10
Slide 28: Non-GAAP Definitions
Non-GAAP Definitions Non-GAAP Revenues is defined as GAAP total revenues adjusted to exclude revenues attributable to (i) Envoy Technologies, which Blink divested on June 5, 2026, and (ii) a large contract in Europe that was not renewed, each as previously disclosed with the Company’s second quarter