Blink Charging posts first positive adjusted EBITDA as Q3 revenue falls to $18.4 million
By Eve
Blink Charging reported adjusted EBITDA of approximately $200,000 for the third quarter of 2026, against a $7.3 million loss a year earlier, reaching the milestone one quarter ahead of the timetable set at the start of the year. Revenue fell to $18.4 million from $27.1 million, with product revenue down to $6.4 million from $13 million, after the June 5 divestiture of Envoy Technologies, non-renewal of several European contracts and customer projects not completed in the quarter. The company also lowered its full-year sales forecast, according to coverage of its Q3 earnings call.
Why it matters
Blink is moving towards profitability by shedding lower-margin revenue, which may affect how it prices and prioritises hardware and service work. Its shift to Blink Energy, combining charging with energy management software and battery storage, signals the kind of bundled offer buyers may see from it, while delayed customer projects are expected to be delivered in the fourth quarter, subject to customer schedules and execution.
Source
- Original title
- “What Blink Charging (BLNK) Said on Its Q3 Earnings Call”
- Published
- 5 November 2026
- Updated
- 7 November 2026
In this story
- Topic
- EV Charging
- Place
- United States
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