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Jun 30
Blink Charging Q2 2025 Earnings Report
Blink Charging reported Q2 2025 results with sequential revenue growth driven by strong product and service sales despite a wider net loss.
Key Takeaways
Blink Charging posted $28.7M in revenue for Q2 2025, a 38% sequential increase. While product sales and service revenues rose sharply, the company reported a net loss of $32M due to significant one-time, non-cash charges.
Total revenue for Q2 2025 was $28.7 million, up 38% sequentially.
Product sales grew 73% sequentially driven by demand for DC fast chargers and L2 Series chargers.
Service revenues increased 46% year-over-year due to greater utilization and more chargers on network.
Net loss widened to $32 million due to $16.5 million in one-time, non-cash charges.
Blink Charging
Blink Charging
Blink Charging Revenue by Segment
Revenue by Segment
Product Sales Revenue
CapyFin.comService Revenues Revenue
CapyFin.comOther Revenues Revenue
CapyFin.comCharging Services Revenue
CapyFin.comNetwork Fees Revenue
CapyFin.comWarranty Revenue
CapyFin.comGrant and Rebate Revenue
CapyFin.comCar-Sharing Services Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
Blink expects continued sequential revenue growth in the second half of 2025, driven by recurring revenue streams and greater charger utilization.
Positive Outlook
- Ongoing revenue momentum in H2 2025 expected.
- Recurring revenues to grow with charger base expansion.
- Service revenues expected to increase due to higher energy prices.
- Focus on operational efficiency to reduce costs.
- Clear strategy outlined to move toward profitability.
Challenges Ahead
- Gross margins impacted by one-time charges.
- Operating expenses remain elevated despite reductions.
- Cash burn continues amid high investment needs.
- Net losses expected to persist in near term.
- Macroeconomic and regulatory risks remain for EV infrastructure.
Revenue & Expenses
Visualization of income flow from segment revenue to net income