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Jun 30, 2025
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.
Revenue by Segment
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
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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