BLNK · Blink Charging Co. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $103.52M | $126.20M | $140.60M | $61.14M | $20.94M | $6.23M |
| Cost of Revenue | $78.02M | $85.42M | $100.39M | $46.34M | $18.10M | $4.71M |
| Gross Profit | $25.50M | $40.78M | $40.21M | $14.80M | $2.84M | $1.52M |
| R&D | - | - | - | - | - | - |
| SG&A | $29.35M | $459.0K | $35.17M | $27.83M | $10.52M | $4.05M |
| Total Operating Expenses | $109.60M | $240.73M | $239.89M | $104.07M | $58.51M | $19.33M |
| D&A | $4.88M | $7.50M | $4.88M | $5.43M | $1.90M | $378.4K |
| Operating Income | ($84.10M) | ($199.95M) | ($199.69M) | ($89.27M) | ($55.67M) | ($17.81M) |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $317.0K | $714.0K | $1.49M | $308.0K | - | - |
| Net Income | ($83.39M) | ($198.13M) | ($203.69M) | ($91.56M) | ($55.12M) | ($17.85M) |
| EPS - Basic | ($0.76) | ($1.96) | ($3.21) | ($1.95) | ($1.32) | ($0.59) |
| EPS - Diluted | ($0.76) | ($1.96) | ($3.21) | ($1.95) | ($1.32) | ($0.59) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $39.57M | $41.77M | $121.69M | $36.56M | $174.79M | $22.34M |
| Accounts Receivable | $29.53M | $43.20M | $45.45M | $23.58M | $348.0K | - |
| Inventory | $14.15M | $38.28M | $47.94M | $34.74M | $10.37M | $1.82M |
| Accounts Payable | $28.40M | $28.89M | $31.19M | $24.59M | $7.13M | $3.36M |
| Current Assets | $89.32M | $141.15M | $221.73M | $99.28M | $192.53M | $25.73M |
| Total Assets | $147.45M | $217.99M | $428.52M | $362.54M | $231.91M | $33.99M |
| Current Liabilities | $63.47M | $59.24M | $69.70M | $50.32M | $16.23M | $6.15M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $82.96M | $99.29M | $139.12M | $101.58M | $18.08M | $6.82M |
| Stockholders' Equity | $64.49M | $118.70M | $289.40M | $260.96M | $213.83M | $27.16M |
| Retained Earnings | ($822.43M) | ($735.86M) | ($537.72M) | ($334.03M) | ($242.47M) | ($187.35M) |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | ($30.86M) | ($47.16M) | ($97.57M) | ($82.36M) | ($40.57M) | ($18.07M) |
| Investing Cash Flow | $8.54M | $4.15M | ($13.24M) | ($57.44M) | ($30.45M) | $260.2K |
| Financing Cash Flow | $19.27M | ($12.42M) | $197.31M | $6.39M | $223.27M | $36.06M |
| CapEx | $9.71M | $8.62M | $7.55M | $5.25M | $7.07M | $2.55M |
| Free Cash Flow | ($40.56M) | ($55.78M) | ($105.12M) | ($87.61M) | ($47.63M) | ($20.62M) |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 24.6% | 32.3% | 28.6% | 24.2% | 13.6% | 24.3% |
| Operating margin | -81.2% | -158.4% | -142.0% | -146.0% | -265.9% | -285.9% |
| EBITDA margin | -76.5% | -152.5% | -138.6% | -137.1% | -256.8% | -279.9% |
| Net margin | -80.5% | -157.0% | -144.9% | -149.8% | -263.2% | -286.4% |
| Free cash flow margin | -39.2% | -44.2% | -74.8% | -143.3% | -227.5% | -330.9% |
| FCF / Net income | 0.49 | 0.28 | 0.52 | 0.96 | 0.86 | 1.16 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 28.4% | 0.4% | 25.0% | 45.5% | 50.2% | 65.0% |
| Effective tax rate | - | - | - | - | - | - |
| Return on assets | -56.6% | -90.9% | -47.5% | -25.3% | -23.8% | -52.5% |
| Return on equity | -129.3% | -166.9% | -70.4% | -35.1% | -25.8% | -65.7% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.41 | 2.38 | 3.18 | 1.97 | 11.86 | 4.19 |
| Quick ratio | 1.18 | 1.74 | 2.49 | 1.28 | 11.23 | 3.89 |
| Cash ratio | 0.62 | 0.71 | 1.75 | 0.73 | 10.77 | 3.64 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 2.29 | 1.84 | 1.48 | 1.39 | 1.08 | 1.25 |
| Liabilities / Assets | 0.56 | 0.46 | 0.32 | 0.28 | 0.08 | 0.20 |
| Efficiency | ||||||
| Asset turnover | 0.70 | 0.58 | 0.33 | 0.17 | 0.09 | 0.18 |
| Inventory turnover | 5.51 | 2.23 | 2.09 | 1.33 | 1.75 | 2.60 |
| Days sales outstanding | 104d | 125d | 118d | 141d | 6d | - |
| Days inventory outstanding | 66d | 164d | 174d | 274d | 209d | 141d |
| Days payable outstanding | 133d | 123d | 113d | 194d | 144d | 260d |
| Cash conversion cycle | 37d | 165d | 179d | 221d | 71d | - |
| Valuation | ||||||
| P / E | - | - | - | - | - | - |
| P / B | 1.1x | 1.2x | 0.7x | 2.0x | 5.2x | 47.3x |
| P / S | 0.7x | 1.1x | 1.5x | 8.4x | 53.1x | 206.2x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -18.0% | -10.2% | 130.0% | 192.0% | 236.1% | 131.9% |
| Revenue CAGR (3y) | 19.2% | 82.0% | 182.6% | 183.4% | 103.1% | 35.6% |
| Revenue CAGR (5y) | 75.4% | 116.0% | 123.9% | 89.5% | 44.5% | 9.5% |
| Gross profit growth (YoY) | -37.5% | 1.4% | 171.6% | 420.8% | 87.4% | 286.4% |
| Operating income growth (YoY) | 57.9% | -0.1% | -123.7% | -60.4% | -212.5% | -70.1% |
| Net income growth (YoY) | 57.9% | 2.7% | -122.5% | -66.1% | -208.9% | -85.0% |
| EPS growth (YoY) | 61.2% | 38.9% | -64.6% | -47.7% | -123.7% | -59.5% |
| EPS CAGR (3y) | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - |
| FCF growth (YoY) | 27.3% | 46.9% | -20.0% | -83.9% | -131.0% | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | -45.7% | -59.0% | 10.9% | 22.0% | 687.2% | 265.4% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$112.31M totalProduct$46.96M · 41.8%
Service$32.28M · 28.7%
Network$12.20M · 10.9%
Network Fees And Warranty Contracts$8.79M · 7.8%
Car Sharing Services$4.81M · 4.3%
Warranty$3.84M · 3.4%
Other$3.11M · 2.8%
Grant And Fee Rebate$310.0K · 0.3%
Geographic
$103.52M totalUS$67.65M · 65.4%
Non Us$35.87M · 34.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
-5.34
Distress
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
3/9
Weak
- ✗Net income positive
- ✗Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✗Current ratio improved
- ✗No share dilution
- ✗Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Miscellaneous Electrical Machinery, Equipment & Supplies
Comparing Blink Charging Co. against the 5 most active filers in the same SIC group.