Revenue: As of FY2026 Q1, the actual value is USD 20.78 M, missing the estimate of USD 21.7 M.EPS: As of FY2026 Q1, the actual value is USD -0.08.EBIT: As of FY2026 Q1, the actual value is USD -12.02 M.<h3>Revenue</h3><ul><li>Total Revenue: Blink Charging Co.’s total revenues were $20.8 million in the first quarter of 2026, marking a 0.3% increase year-over-year from $20.7 million in the first quarter of 2025 .</li><li>Product Revenue: Product revenues decreased by 26.1% year-over-year, from $8.4 million in Q1 2025 to $6.2 million in Q1 2026 .</li><li>Service Revenue: Service revenues grew by $2.7 million, or 25.0%, to $13.3 million in Q1 2026, up from $10.7 million in Q1 2025 . Service revenue represented 64.2% of total revenue in Q1 2026, an increase from 51.6% in Q1 2025 .</li><li>Other Revenue: Other revenues were $1.2 million in Q1 2026, compared to $1.7 million in Q1 2025 .</li></ul><h3>Gross Profit and Margin</h3><ul><li>GAAP Gross Profit: Gross profit was $6.6 million, or 32.0% of revenues, in Q1 2026, compared to $7.1 million, or 34.1% of revenues, in Q1 2025 .</li><li>Non-GAAP Gross Margin: Non-GAAP gross margin was 42.4% in Q1 2026, an improvement of 213 basis points from 40.3% in Q1 2025 .</li></ul><h3>Operating Expenses</h3><ul><li>Total Operating Expenses: Total operating expenses decreased by 35.3% to $18.4 million in Q1 2026, down from $28.5 million in Q1 2025 . This decrease was primarily due to lower compensation expense ($10.2 million vs. $13.6 million), lower general and administrative expenses ($4.6 million vs. $8.9 million), and lower other operating expenses ($3.6 million vs. $5.3 million) .</li><li>Non-GAAP Operating Expenses: Non-GAAP operating expenses were $13.9 million in Q1 2026, a 38.6% decrease from $22.6 million in Q1 2025 .</li></ul><h3>Net Loss</h3><ul><li>GAAP Net Loss: Net loss narrowed by 45% year-over-year to -$11.6 million, or -$0.08 per basic and diluted share, in Q1 2026, compared to a net loss of -$21.0 million, or -$0.21 per basic and diluted share, in Q1 2025 .</li><li>Non-GAAP Net Loss: Non-GAAP Net Loss was -$7.8 million, or -$0.06 per share, in Q1 2026, an improvement of 55% year-over-year from -$17.4 million, or -$0.17 per share, in Q1 2025 .</li></ul><h3>Adjusted EBITDA</h3><ul><li>Non-GAAP Adjusted EBITDA: Non-GAAP adjusted EBITDA was a loss of -$5.1 million in Q1 2026, an improvement of approximately 65% year-over-year compared to a loss of -$14.3 million in Q1 2025 .</li></ul><h3>Cash Flow and Liquidity</h3><ul><li>Net Cash Provided By (Used In) Operating Activities: Net cash provided by operating activities was $0.7 million in Q1 2026, an improvement of approximately $13.7 million compared to net cash used in operating activities of -$13.0 million in Q1 2025 .</li><li>Cash and Cash Equivalents: As of March 31, 2026, cash and cash equivalents totaled $38.0 million, compared to $39.6 million as of December 31, 2025 .</li><li>Debt: Blink Charging Co. had no debt as of March 31, 2026 .</li></ul><h3>Outlook / Guidance</h3>For the full year 2026, Blink Charging Co. continues to anticipate a revenue range of $105 million to $115 million . The company expects GAAP gross margins of approximately 35% for the full year 2026 .

Blink Charging | 8-K: FY2026 Q1 Revenue Misses Estimate at USD 20.78 M