Blink Charging Reports 38 Percent Gain
Blink Charging (NASDAQ:BLNK), a provider of electric vehicle (EV) charging equipment and services, reported its second quarter results on August 18, 2025. The headline news from the earnings release was a major revenue beat, with the company delivering $28.7 million in revenue—well above the $22.2 million analyst estimate (GAAP). However, non-GAAP earnings per share (EPS) of ($0.26) missed the expected ($0.18) loss as operational expenses and one-time charges weighed on results. While Product sales (GAAP) rebounded from a weak start to the year, and service revenues kept growing, margins compressed, and cash reserves declined significantly. Overall, the quarter showed clear sequential improvement, but Persistent year-over-year declines and rising losses kept profitability out of reach.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
Blink Charging operates a network of EV charging stations and develops the associated hardware, including DC fast chargers that can charge EVs quickly and Level 2 (L2) Series chargers for slower, overnight charging. The company's business blends hardware sales with services, such as network management and subscription fees for station owners. By combining charging equipment sales and ongoing support through its cloud-based Blink Network, the firm aims to lock in both one-off revenue and recurring, higher-margin service revenue.
Source Fool.com
