Blink Charging Co. reported third-quarter 2026 total revenues of $18.4 million, a 32% decline year-over-year, driven by the divestiture of Envoy Technologies and non-renewal of a large European contract. The company achieved its first-ever positive quarterly Adjusted EBITDA of $0.2 million, one quarter ahead of target, while reporting a GAAP net loss of $6.7 million due to a $3 million non-cash inventory charge. Non-GAAP operating expenses decreased 46% year-over-year to $10.0 million as the company continues cost optimization efforts. The firm ended the quarter with approximately $30.5 million in cash and no debt, updating its full-year 2026 revenue guidance to $78–$81 million. Concurrently, the Board appointed CEO Michael Battaglia as Chairman of the Board, while Ritsaart van Montfrans was named Lead Independent Director. Blink Charging Co. is a global owner and operator of electric vehicle charging equipment and energy management solutions.
