Blink Charging Co. · NASDAQ:BLNK
Blink Charging — Q3 2025 Earnings Presentation
16 slides from Blink Charging's earnings presentation, Nov 6, 2025
Slide 1: Third Quarter 2025 Earnings Results
THIRD QUARTER 2025 EARNINGS RESULTS November 6, 2025
Slide 2: Safe Harbor Statement
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: BlinkForward Strategy
CEO PERSPECTIVE: BlinkForward Strategy Michael Battaglia President and CEO 3 3
Slide 4: Bold Actions Driving Change
BOLD ACTIONS DRIVING CHANGE Improved Shift to $5 million Working Contract in Q3 2025 Capital Manufacturing $13 million reduction in Cash burn reduced by 87% Exiting manufacturing annual OpEx going forward to $2.2 million in Q3 2025 to Increase Flexibility 4 4 4
Slide 5: Return to YoY Growth
RETURN TO YOY GROWTH * * Q2-2025 gross margin adjusted for by non-cash inventory and PP&E impairment adjustment of $6.4 million 5 5 5
Slide 6: Q3 Highlights
Q3 HIGHLIGHTS Michael Battaglia President and CEO 6 6
Slide 7: Q3 2025 Highlights
Q3 2025 HIGHLIGHTS1 $27.0M $9.7M 35.8% Total Revenue Gross Profit Gross Margin Product Gross Margin was 39% in Q3 2025, ~700 bps year-over-year increase $11.8M $2.9M ~49 GWh 36% Service 23% Network 66% Disbursed Revenues2 Fees on Blink Networks 1 All comparisons are Q3 -2024 year-over-year, unless o
Slide 8: Revenue Growth Driven by Enhanced Charger Utilization
REVENUE GROWTH DRIVEN BY ENHANCED CHARGER UTILIZATION YoY Growth 23% in Network Fees YoY Growth 36% 48% in Charging Revenue YoY Service Revenue Growth YoY Growth in 339% Revenue from US Blink Owned DC Chargers Owner Operated Model Represents Significant Future Opportunity 8
Slide 9: Continued Improvement in OpEx and Cash Burn
CONTINUED IMPROVEMENT IN OPEX AND CASH BURN *Excludes non-cash charges for impairment of goodwill and change in fair value of consideration payable, adjustment in the allowance for doubtful accounts receivable, and expenses eliminated on a go-forward basis that are not expected to reoccur in the fut
Slide 10: Financial Highlights
FINANCIAL HIGHLIGHTS Futura Std Book (bold) Michael Bercovich CFO 10
Slide 11: Selected Financials
SELECTED FINANCIALS 9 Months 9 Months YoY Ended Ended YoY ($ in 000s) 3Q25 3Q24 Change September 30, September 30, Change 2025 2024 Product Sales $13,035 $13,448 (3.1%) $35,924 $64,538 (44.3%) Service Revenue (1) $11,863 $8,754 35.5% $34,200 $24,988 36.9% Other Revenue (2) $2,132 $2,985 (28.6%) $6,3
Slide 12: Concluding Remarks
CONCLUDING REMARKS Michael Battaglia President and CEO 12 12
Slide 13: Q&A
Q&A 13 13
Slide 14: Appendix
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Slide 15: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES (In thousands and unaudited) Q3 Q3 9 Months Ended 9 Months Ended 2025 2024 September 30, 2025 September 30, 2024 Net loss ($86) ($87,389) ($52,752) ($124,621) Interest expense, net (13) 2 28 475 Provision for Income Taxes 47 (18) 316 174 Depreciation and
Slide 16: Reconciliation of Non-GAAP Financial Measures
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES 9 Months Ended 9 Months Ended Q3 Q3 (unaudited) 2025 2024 September 30, September 30, 2025 2024 Net loss – per diluted share ($0.00) ($0.86) ($0.50) ($1.24) Add: Amortization expense of intangible assets $0.01 $0.02 $0.03 $0.05 Acquisition-related costs