Blink Charging Co. (BLNK) Form 8-K — Aug 6, 2026
Blink Charging reported Q2 2026 revenue of $21.7 million, down 24.5% year-over-year but up 4.3% sequentially, with net loss narrowing to $6.0 million ($(0.04) per diluted share) from $29.3 million ($(0.28)) a year earlier. Profitability metrics improved sharply: GAAP gross margin expanded to 38.9% from 16.8%, operating expenses fell 57% year-over-year to $14.7 million, and adjusted EBITDA loss improved 72% to $(2.2) million. Management is targeting approximate adjusted EBITDA breakeven exiting 2026. The company cut its full-year 2026 revenue guidance to $83 million to $90 million from $105 million to $115 million, citing the June 5, 2026 divestiture of Envoy Technologies to Blade Ranger Ltd.
Key figures
- Revenue
- 21674000
- Guidance
- FY2026 revenue guidance lowered to $83M-$90M from $105M-$115M; GAAP gross margin outlook raised to ~38% from ~35%; targeting approximate adjusted EBITDA breakeven exiting 2026; return to revenue growth expected in 2027
- Revenue Yoy
- -24.5%
- Total Assets
- 122337000
- Cash Position
- 34004000
- Cash Dec31 2025
- 39568000
- Product Revenue
- 7439000
- Service Revenue
- 11484000
- Gross Margin GAAP
- 38.9%, up more than 2,200 bps YoY from 16.8%
- Six Month Revenue
- 42453000
- Prior Guidance Low
- 105000000
- Operating Expenses
- 14666000
- Prior Guidance High
- 115000000
- Shares Outstanding
- 143779491
- Stockholders Equity
- 47793000
- Gross Margin Adjusted
- 47.9%
- Service Revenue Share
- 53% of total revenue, +6.2% YoY
- Weighted Shares Basic
- 144260561
- Product Revenue Yoy Change
- -48.7% YoY, +20.1% sequentially
- Revenue Sequential Growth
- +4.3% vs Q1 2026 ($20.8M)
- Operating Expenses Yoy Change
- -57%
Price after filing
Close on the filing date to close N calendar days later (from $0.56). Historical, not a forecast.
AI analysis
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