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Blink Charging (BLNK) Q1 2026 earnings results (first quarter 2026)

10-Q filed May 11, 2026

Blink Charging (BLNK) reported revenue of $20.8M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and -23% from the quarter before. Operating margin was -56.7%, net loss $11.6M (55.6% of revenue).

Revenue$20.8M
Year over year+0.3%
Quarter over quarter-23%
Operating margin-56.7%
Net earnings−$11.6M

Blink Charging, Q1 2026: revenue $20.8M (+0.3% year over year), operating margin -56.7%, net loss $11.6M, operating cash flow $671K. The chart follows the revenue to costs, profit and cash.

Q1 2026AmountQ/QY/Y
Revenue$20.8M-23%+0.3%
Operating profit−$11.8M——
Net earnings−$11.6M——
Operating cash flow$671K-2%—

What changed

Revenue was $20.8M in Q1 2026, roughly flat year over year and down 23% from the previous quarter. Service was the largest line at 59% of revenue. Service added $2.7M year over year (up 29%), 4466% of the total change. Product declined 26%.

Gross margin was 32.0%, down 2.2 points from Q1 2025. Operating costs exceeded revenue by $11.8M, an operating margin of -56.7%. Operating expenses fell 35% while revenue was flat. The quarter ended with a net loss of $11.6M, narrower than the previous quarter's $30.6M loss.

Operating cash flow was $671K. Non-cash charges added back $2.3M of depreciation and amortization and $1.3M of share-based compensation. Working capital and other items added $8.6M. Capital expenditures of $1.6M exceeded it, leaving free cash flow of −$1.0M.

Questions

What was Blink Charging's revenue in the first quarter 2026?

Blink Charging (BLNK) reported revenue of $20.8M for the first quarter 2026 (Q1 2026), +0.3% from a year earlier and -23% from the quarter before.

Was Blink Charging profitable in the first quarter 2026?

Operating loss was $11.8M (-56.7% of revenue) and net loss $11.6M.

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Source: Blink Charging 10-Q on SEC EDGAR.