Form 8-K

8-K — Blink Charging Co.

Accession: 0001493152-26-036344

Filed: 2026-08-06

Period: 2026-08-06

CIK: 0001429764

SIC: 3690 (MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES)

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

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UNITED

STATES

SECURITIES

AND EXCHANGE COMMISSION

WASHINGTON,

DC 20549

FORM

8-K

CURRENT

REPORT

Pursuant

to Section 13 or 15(d) of the

Securities

Exchange Act of 1934

Date

of Report (Date of earliest event reported): August 6, 2026

BLINK

CHARGING CO.

(Exact

name of registrant as specified in its charter)

Nevada

001-38392

03-0608147

(State

or other jurisdiction

incorporation)

(Commission

File

Number)

(IRS

Employer

Identification

No.)

1489

West Warm Springs Rd. Suite 110

Henderson,

Nevada

89014

(Address

of Principal Executive Offices)

(Zip

Code)

Registrant’s

telephone number, including area code: (305) 521-0200

17301

Melford Blvd, Bowie, Maryland, 20715

(Former

name or former address, if changed since last report.)

Securities

registered pursuant to Section 12(b) of the Act:

Title

of Each Class

Trading

Symbol(s)

Name

of Each Exchange on Which Registered

Common

Stock

BLNK

The

Nasdaq Stock Market LLC

Check

the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under

any of the following provisions (see General Instruction A.2. below):

☐

Written

communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting

material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement

communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement

communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate

by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405

of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging

growth company ☐

an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying

with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

CURRENT

REPORT ON FORM 8-K

Blink

Charging Co.

August

6, 2026

Item

2.02. Results of Operations and Financial Condition.

Blink

Charging Co. (Nasdaq: BLNK) (the “Company”), a leading owner and operator of electric vehicle (EV) charging equipment and

services, today announced its financial results for the second quarter ended June 30, 2026.

copy of the press release is furnished with this report as Exhibit 99.1. Such information, including the Exhibit attached hereto, shall

not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated

by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item

9.01. Financial Statements and Exhibits.

(a)

Exhibits. The exhibit listed in the following Exhibit Index is filed as part of this current report.

Exhibit

No.

Description

99.1

Press Release issued by Blink Charging Co. on August 6, 2026.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant

to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by

the undersigned hereunto duly authorized.

BLINK

CHARGING CO.

Dated:

August 6, 2026

By:

/s/

Michael Bercovich

Name:

Michael

Bercovich

Title:

Chief

Financial Officer

EX-99.1

Filename: ex99-1.htm · Sequence: 2

Exhibit

99.1

BLINK

CHARGING ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS

● Gross

margin expanded to 38.9%, up more than 2,200 basis points year-over-year

● Service

revenues grew to $11.5 million, representing 53% of total revenues

● Operating

expenses reduced 57% year-over-year to $14.7 million

● Adjusted

EBITDA loss improved 72% year-over-year to $(2.2) million

● Ended

quarter with approximately $34 million in cash

Henderson,

NV. – August 6, 2026 – Blink Charging Co. (NASDAQ: BLNK) (“Blink” or the “Company”), a

leading global owner, operator, and provider of electric vehicle (EV) charging equipment and services, today announced financial results

for the second quarter ended June 30, 2026.

The

following top-line highlights are in thousands of dollars:

Three Months Ended

(Sequential)

Three Months Ended

(YoY)

June 30, 2026

March 31, 2026

% Change

June 30,

2026

June 30,

2025

% Change

Product Revenues

$ 7,439

$ 6,194

20.1 %

$ 7,439

$ 14,509

(48.7 )%

Service Revenues(1)

11,484

12,230

(6.1 )%

11,484

10,809

6.2 %

Other Revenues(2)

1,928

1,236

56.0 %

1,928

2,276

(15.3 )%

Car-Sharing Revenues(3)

823

1,119

(26.5 )%

823

1,111

(25.9 )%

Total Revenues

$ 21,674

$ 20,779

4.3 %

$ 21,674

$ 28,705

(24.5 )%

(1) Service

Revenues consist of repeatable charging service revenues and recurring network fees

(2) Other

Revenues consist of warranty fees, grants and rebates, and other revenues

(3) Car-sharing

revenues have been divested after the sale of Envoy Technologies on June 5, 2026

“Blink’s

second-quarter results provide further evidence of our progress toward profitability, disciplined capital management, and stronger execution

across the business,” said Mike Battaglia, President and Chief Executive Officer of Blink Charging. “We are building the

company we committed to deliver—leaner, more focused, and guided by deliberate decisions that prioritize revenue quality over volume.

Our 20% sequential growth in product sales demonstrates encouraging commercial momentum, while the continued strength of the Blink Network

and our expansion into energy management services are creating a more durable foundation for long-term growth and shareholder value”.

Michael

Bercovich, Chief Financial Officer of Blink Charging added: “We’re proud to report a significant reduction in adjusted EBITDA

loss, amounting to $2.2 million in Q2, a 72% year-over-year improvement. Margins are expanding, as revenue quality is improving, while

costs remain well controlled. As we move through the remainder of 2026, we continue to be focused on making meaningful progress toward

adjusted EBITDA breakeven by year-end. We closed out the quarter with approximately $34 million in cash, providing Blink the flexibility

to continue investing strategically in high-quality opportunities. Our results validate our strategy. Blink’s disciplined portfolio

optimization, contract manufacturing shift, and revenue mix help drive significant gross margin improvement and substantial reduction

in operating expenses”.

SECOND

QUARTER 2026 FINANCIAL HIGHLIGHTS

Sale

of Envoy

June 5, Blink sold its wholly owned subsidiary, Envoy Technologies, to Blade Ranger Ltd., an Israeli publicly traded company. The transaction

reflects Blink’s continued shift toward optimized core products and services.

Revenues

Total

revenue for the second quarter was approximately $21.7 million, a 4.3% sequential growth from $20.8 million in the first quarter of 2026.

Product

revenue grew 20.1% sequentially to approximately $7.4 million in the second quarter and represents approximately 34% of total revenue.

Blink continues to make meaningful progress toward its long-term objective of generating approximately 80% of revenues from recurring

and repeatable revenue streams, improving the predictability, quality, and resiliency of the business.

Service

revenue, a key growth engine for Blink, increased 6.2% year-over-year to approximately $11.5 million, up from $10.8 million. Service

revenue is comprised of repeatable charging revenue and recurring network fees. Q2 service revenue also reflects Blink’s deliberate

decision to pursue contracts with attractive margin profiles.

Other

revenues, including warranty fees as well as grants and rebates, were approximately $1.9 million.

Car-Sharing

revenues were $0.8 million, a decrease of 25.9% compared to the prior-year period, primarily attributable to the Blink’s strategic

divestiture of Envoy Technologies on June 5, 2026.

Gross

Profit and Margins

GAAP

gross profit increased to $8.4 million, or 38.9% of revenue, up from 16.8% of revenue, or $4.8 million, during the same period in 2025.

This represents year-over-year growth of $3.6 million in gross profit or 75% improvement. The gross margin expansion is driven by Blink’s

portfolio optimization, contract manufacturing realignment, and favorable revenue mix.

a non-GAAP basis, the adjusted gross margin was 47.9%.

Operating

Expenses

Total

operating expenses were $14.7 million, compared to approximately $34.4 million in the second quarter of 2025, representing a 57% reduction

year-over-year. This result is influenced by structural improvements implemented throughout the Company.

Cost

optimization efforts resulted in significant expense reductions in the second quarter compared to the prior year period. Compensation

expenses declined approximately 39% from $13.8 million in Q2 2025 to $8.4 million in Q2 2026. G&A expenses declined to approximately

$1.8 million, compared to $10.7 million in the prior-year period, while other operating expenses decreased to approximately $4.1 million

from approximately $6.7 million.

Net

Loss and Adjusted EBITDA

Net

loss was $6.0 million, or $(0.04) per diluted share, compared to $29.3 million loss, or $(0.28) per diluted share - totaling $23.3 million

in reduced net loss year-over-year.

Adjusted

EBITDA loss reflected an improvement of 72% year-over-year to $(2.2) million in comparison to $(7.9) million in Q2 2025. See reconciling

tables below for the definitions of non-GAAP numbers referenced above.

Balance

Sheet and Liquidity

of June 30, 2026, cash and cash equivalents were approximately $34.0 million, providing Blink with the financial flexibility to continue

investing in high-quality DC fast charging infrastructure, energy management services, and expanding the strength of the Blink Network.

Business

Outlook

2026

represents an inflection year for Blink as the company completes its operational transformation and repositions the business for sustainable,

higher-quality revenue growth. As these initiatives take hold, Blink expects to return to revenue growth in 2027, driven primarily by

charging and energy management services. Therefore, Blink is updating its full-year 2026 revenue guidance to $83 million to $90 million,

from its previous outlook of $105 million to $115 million. The revised outlook reflects the Company’s focus on revenue quality,

the divestiture of Envoy Technologies and commercial decisions designed to support a sustainable path to profitability.

Blink is also raising its full-year 2026 GAAP gross margin outlook to approximately 38%, compared to approximately 35% previously.

The

Company is targeting to exit 2026 at an approximate adjusted EBITDA breakeven and expects to provide formal 2027 guidance alongside its

year-end results.

Earnings Conference Call

Blink

will host a conference call and webcast to discuss the second quarter 2026 results today, August 6, 2026, at 4:30 p.m. Eastern Time.

access the live webcast, log onto the Blink Charging website at www.blinkcharging.com, and click on the News/Events section of

the Investor Relations page. Investors may also access the webcast via the following link: https://www.webcaster5.com/Webcast/Page/2468/54356.

To participate in the call by phone, dial (877) 545-0523 approximately five minutes prior to the scheduled start time. International

callers please dial +1 (973) 528-0016. Callers should use participant access code: 569186.

replay of the teleconference will be available until September 3, 2026, and may be accessed by dialing (877) 481-4010. International

callers may dial +1 (919) 882-2331. Callers should use replay passcode: 54356.

###

BLINK

CHARGING CO.

Condensed

Consolidated Statements of Operations

(in

thousands, except for share and per share amounts)

(unaudited)

For The Three Months Ended

For The Six Months Ended

June 30,

2026

2025

2026

2025

Revenues:

Product revenue

$ 7,439

$ 14,509

$ 13,633

$ 22,889

Service revenue

11,484

10,809

23,714

20,315

Other revenue

1,928

2,276

3,164

3,933

Car-sharing revenue

823

1,111

1,942

2,286

Total Revenues

21,674

28,705

42,453

49,423

Cost of Revenues:

Cost of product revenue

4,948

14,074

8,671

19,622

Cost of service revenue

5,823

6,222

13,202

11,503

Costs of other revenue

766

1,302

1,575

2,142

Cost of car-sharing revenue

598

1,067

1,632

1,752

Depreciation and amortization

1,098

1,208

2,293

2,503

Total Cost of Revenues

13,233

23,873

27,373

37,522

Gross Profit

8,441

4,832

15,080

11,901

Operating Expenses:

Compensation

8,352

13,767

18,515

27,321

General and administrative expenses

1,750

10,686

5,302

17,899

Other operating expenses

4,122

6,725

7,755

12,074

Depreciation and amortization

1,715

1,432

2,782

3,087

Change in fair value of consideration payable and earn-out liabilities

(1,273 )

1,784

(1,273 )

2,463

Total Operating Expenses

14,666

34,394

33,081

62,844

Loss From Operations

(6,225 )

(29,562 )

(18,001 )

(50,943 )

Other Income (Expense):

Other income, net

250

345

492

746

Total Other Income, Net

250

345

492

746

Loss Before Income Taxes

$ (5,975 )

$ (29,217 )

$ (17,509 )

$ (50,197 )

Provision for income taxes

(64 )

(95 )

(93 )

(123 )

Net Loss

$ (6,039 )

$ (29,312 )

$ (17,602 )

$ (50,320 )

Net Loss Per Share:

Basic

$ (0.04 )

$ (0.28 )

$ (0.12 )

$ (0.49 )

Diluted

$ (0.04 )

$ (0.28 )

$ (0.12 )

$ (0.49 )

Weighted Average Number of Common Shares Outstanding:

Basic

144,260,561

102,899,705

143,713,633

102,684,303

Diluted

144,260,561

102,899,705

143,713,633

102,684,303

BLINK

CHARGING CO.

Condensed

Consolidated Balance Sheets

(in

thousands, except for share amounts)

June 30,

December 31,

2026

2025

Assets

Current Assets:

Cash and cash equivalents

$ 34,004

$ 39,568

Accounts receivable, net

18,923

29,532

Inventory, net

11,287

14,153

Prepaid expenses and other current assets

6,856

6,065

Total Current Assets

71,070

89,318

Restricted cash

619

Property and equipment, net

40,649

42,691

Operating lease right-of-use assets

2,781

6,331

Intangible assets, net

4,765

6,634

Goodwill

1,742

Other assets

711

648

Total Assets

$ 122,337

$ 147,453

Liabilities and Stockholders’ Equity

Current Liabilities:

Accounts payable, accrued expenses and other current liabilities

$ 45,960

$ 47,242

Current portion of earn-out liabilities

713

1,005

Notes payable

265

Current portion of operating lease liabilities

1,305

2,781

Current portion of financing lease liabilities

Current portion of deferred revenue

12,563

12,137

Total Current Liabilities

60,806

63,472

Earn-out liabilities, non-current portion

981

Operating lease liabilities, non-current portion

2,899

4,804

Financing lease liabilities, non-current portion

Deferred revenue, non-current portion

2,556

5,145

Other liabilities

8,283

8,497

Total Liabilities

74,544

82,963

Stockholders’ Equity:

Preferred stock, $0.001 par value, 40,000,000 shares authorized, 0 shares issued and outstanding as of June 30, 2026 and December 31, 2025

Common stock, $0.001 par value, 500,000,000 shares authorized, 143,779,491 and 142,128,133 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively

144

142

Additional paid-in capital

897,525

895,505

Accumulated other comprehensive loss

(9,848 )

(8,731 )

Accumulated deficit

(840,028 )

(822,426 )

Total Stockholders’ Equity

47,793

64,490

Total Liabilities and Stockholders’ Equity

$ 122,337

$ 147,453

BLINK

CHARGING CO. AND SUBSIDIARIES

Consolidated

Statements of Cash Flows

(In

thousands)

(unaudited)

For the Six Months Ended

June 30,

2026

2025

Cash Flows From Operating Activities:

Net loss

$ (17,602 )

$ (50,320 )

Adjustments to reconcile net loss to net cash used in operating activities:

Depreciation and amortization

5,075

5,590

Non-cash lease expense

1,582

2,254

Change in fair value of derivative and other accrued liabilities

(7 )

Provision for credit losses

451

306

Loss on disposal of property and equipment

734

5,762

Gain on sale of Envoy Technologies Inc.

(802 )

Non-cash gain on lease termination

(309 )

Provision for slow moving and obsolete inventory

4,571

Change in fair value of consideration payable and earn-out liabilities

(1,273 )

2,463

Stock-based compensation

2,022

1,753

Changes in operating assets and liabilities:

Accounts receivable

9,203

9,447

Inventory

710

(369 )

Prepaid expenses and other current assets

(530 )

(1,251 )

Other assets

(154 )

(25 )

Accounts payable, accrued expenses, and other current liabilities

576

(7,877 )

Other liabilities

(126 )

(400 )

Operating lease liabilities

(1,631 )

(1,794 )

Deferred revenue

(1,308 )

1,356

Total Adjustments

14,220

21,779

Net Cash Used In Operating Activities

(3,382 )

(28,541 )

Cash Flows From Investing Activities:

Proceeds from sale of marketable securities

13,630

Proceeds from sale of equity method investment

223

Cash disposed of in sale of Envoy Technologies Inc.

(485 )

Proceeds from government grants

852

Capitalization of engineering costs

(29 )

(205 )

Purchases of property and equipment

(954 )

(3,542 )

Net Cash (Used In) Provided By Investing Activities

(616 )

10,106

Cash Flows From Financing Activities:

Proceeds from sale of common stock in public offering [1]

891

Repayment of financing liability

(63 )

(17 )

Net Cash (Used In) Provided By Financing Activities

(63 )

874

Effect of Exchange Rate Changes on Cash and Cash Equivalents and Restricted Cash

(973 )

1,111

Net (Decrease) Increase In Cash and Cash Equivalents and Restricted Cash

(5,034 )

(16,450 )

Cash and Cash Equivalents and Restricted Cash - Beginning of Period

39,657

41,852

Cash and Cash Equivalents and Restricted Cash - End of Period

$ 34,623

$ 25,402

Cash and cash equivalents and restricted cash consisted of the following:

Cash and cash equivalents

$ 34,004

$ 25,318

Restricted cash

619

$ 34,623

$ 25,402

Non-GAAP

Financial Measures

The

following table reconciles Net Loss attributable to Blink Charging to Non-GAAP Net Loss and Adjusted EBITDA for the periods shown:

For the Three Months Ended

For the Six Months Ended

June 30,

2026

2025

2026

2025

Net Loss

$ (6,039 )

$ (29,312 )

$ (17,602 )

$ (50,320 )

Add:

Stock-based compensation

767

803

2,604

1,707

Non-recurring or non-cash charges

863

15,808

2,760

17,838

Change in fair value related to consideration payable

(1,273 )

1,784

(1,273 )

2,463

Non-GAAP Net Loss

$ (5,682 )

$ (10,918 )

$ (13,510 )

$ (28,311 )

Add:

Provisions for Income Tax

123

Interest Expense

(250 )

(345 )

(492 )

(746 )

Depreciation and Amortization

3,660

3,298

6,654

6,790

Adjusted EBITDA

$ (2,208 )

$ (7,869 )

$ (7,255 )

$ (22,144 )

The

following table reconciles EPS attributable to Blink Charging to Adjusted EPS for the periods shown:

For the Three Months Ended

For the Six Months Ended

June 30,

2026

2025

2026

2025

Net Loss per Share (EPS)

$ (0.04 )

$ (0.28 )

$ (0.12 )

$ (0.49 )

Add:

Stock-based compensation

0.00

0.02

Non-recurring or non-cash charges

0.01

0.15

0.02

0.17

Change in fair value related to consideration payable

(0.01 )

0.02

(0.01 )

0.02

Non-GAAP Net Loss per Share

$ (0.04 )

$ (0.11 )

$ (0.09 )

$ (0.28 )

Add:

Provisions for Income Tax

0.00

Interest Expense

(0.01 )

(0.00 )

(0.01 )

Depreciation and Amortization

0.03

0.04

0.07

Adjusted Loss per Share (Adj. EPS)

$ (0.02 )

$ (0.08 )

$ (0.05 )

$ (0.22 )

The

following table reconciles GAAP margin and operating expenses to non-GAAP margin and operating expenses for the periods shown:

For the Three Months Ended

June 30,

2026

2025

Reconciliation of GAAP gross profit and margin to non-GAAP gross profit and margin

GAAP Margin

$ 8,441

38.9 %

$ 4,832

16.8 %

Non-recurring or non-cash charges

6,427

Depreciation

1,945

1,866

Non-GAAP Margin

$ 10,387

47.9 %

$ 13,126

45.7 %

Reconciliation of GAAP operating expenses to non-GAAP operating expenses

GAAP Operating Expenses

$ 14,666

67.7 %

$ 34,394

119.8 %

Share Based Comp

(767 )

(803 )

Depreciation and Amortization

(1,715 )

(1,432 )

Non-recurring or non-cash charges

(863 )

(9,329 )

Other Adjustments

1,273

(1,784 )

Non-GAAP Operating Expenses

$ 12,595

58.1 %

$ 21,047

73.3 %

Blink

Charging Co. publicly reports its financial information in accordance with accounting principles generally accepted in the United States

of America (“US GAAP”). To facilitate external analysis of the Company’s operating performance, Blink Charging also

presents financial information that is considered “non-GAAP financial measures” under Regulation G and related reporting

requirements promulgated by the U.S. Securities and Exchange Commission. Non-GAAP measures should be considered in addition to, and not

as a substitute for, or superior to, Net Income (Loss) or other measures of financial performance prepared in accordance with GAAP and

may be different than those presented by other companies, including Blink Charging’s competitors. EBITDA and Adjusted EBITDA are

not performance measures calculated in accordance with GAAP and are, therefore, considered non-GAAP measures. Blink changed the definitions

of its non-GAAP reporting measures in first quarter of 2026 to align better with its peers and industry standards. Reconciliation tables

are presented above.

Non-GAAP

Gross Profit is defined as GAAP gross profit adjusted to exclude (i) depreciation and amortization charges included in cost of revenues,

and (ii) non-recurring or non-cash charges within cost of revenues (such as inventory write-downs or one-time warranty costs). Blink

Charging believes Non-GAAP Gross Profit provides investors with a clearer view of the Company’s underlying operational profitability

by removing the impact of asset depreciation related to its charging infrastructure build-out and non-recurring items that are not indicative

of ongoing performance. Non-GAAP Gross Margin is Non-GAAP Gross Profit divided by total revenues.

Non-GAAP

Operating Expenses is defined as GAAP total operating expenses adjusted to exclude (i) stock-based compensation, (ii) depreciation and

amortization within operating expenses, (iii) non-recurring and non-cash charges (including severance and retention payments, executive

recruiting fees, one-time legal and consulting costs, and charges related to discontinued software or services), and (iv) other adjustments.

Blink Charging believes Non-GAAP Operating Expenses is a useful measure for investors to assess the Company’s structural cost base

and ongoing operating expense discipline, as it removes the impact of non-cash compensation, asset depreciation, and one-time charges

that do not reflect recurring operational costs.

Non-GAAP

Net Loss excludes stock-based compensation, non-recurring and non-cash charges, and changes in fair value of consideration payable, but

unlike Adjusted EBITDA, retains the impact of depreciation and amortization within operating expenses and interest income/expense. See

“Non-GAAP Financial Measures” for a full reconciliation.

Adjusted

EBITDA is defined as Non-GAAP Net Loss adjusted to add back: (i) provision for income taxes; (ii) depreciation and amortization within

operating expenses; less (iii) net interest and other income (expense). This reconciliation bridge corresponds directly to the line items

presented in the Non-GAAP reconciliation tables above.

Blink

Charging believes Adjusted EBITDA is useful to management, securities analysts, and investors to evaluate the Company’s core operating

performance because it removes the impact of non-cash charges, non-recurring items, financing activity, taxes, and capital investment

depreciation that are not indicative of the Company’s recurring operational results. Adjusted EBITDA should be considered in addition

to, and not as a substitute for, Net Loss or other measures of financial performance prepared in accordance with GAAP.

Our

definition of Adjusted EBITDA and Adjusted EPS may differ from other companies reporting similarly named measures. These measures should

be considered in addition to, and not as a substitute for, or superior to, other measures of financial performance prepared in accordance

with GAAP, such as Net Loss, and Diluted Earnings per Share.

Adjusted

EPS is defined as GAAP net loss per diluted share adjusted to exclude, on a per-share basis, the same non-cash and non-recurring items

used in the Adjusted EBITDA reconciliation: (i) stock based compensation, (ii) non-recurring and non-cash charges, (iii) change in fair

value related to consideration payable, (iv) provision for income taxes, (v) interest expense, and (vi) depreciation and amortization.

Blink Charging believes Adjusted EPS is a useful supplemental measure for investors as it provides a per-share view of the Company’s

core operating performance on a basis consistent with Adjusted EBITDA, excluding non-cash and non-recurring items that management does

not consider reflective of the Company’s ongoing operations. Adjusted EPS should not be confused with GAAP diluted EPS and should

be considered in addition to, and not as a substitute for, GAAP diluted earnings (loss) per share.

Investors

should be aware that non-GAAP financial measures have inherent limitations. In particular, certain adjustments to Blink’s GAAP

results — such as stock-based compensation — are recurring in nature and are expected to continue for the foreseeable future;

stock-based compensation is a meaningful component of employee compensation and plays an important role in Blink’s ability to attract,

retain, and motivate its workforce. In addition, Blink’s non-GAAP measures are not calculated pursuant to any standardized GAAP

methodology, and the specific items Blink excludes may differ from those excluded by other companies presenting similarly titled non-GAAP

measures, which may limit comparability. Blink may also, in future periods, exclude additional items it determines are not reflective

of its core operating performance.

About

Blink Charging

Blink

Charging Co. (Nasdaq: BLNK) is a global leader in electric vehicle (EV) charging equipment and services, enabling drivers, hosts, and

fleets to easily transition to electric transportation through innovative charging solutions. Blink’s principal line of products

and services include Blink’s EV charging networks (“Blink Networks”), EV charging equipment, and EV charging services.

Blink Networks use proprietary, cloud-based software that operates, maintains, and tracks the EV charging stations connected to the network

and the associated charging data. Blink has established key strategic partnerships for rolling out adoption across numerous location

types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools

and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions,

restaurants, retailers, stadiums, supermarkets, and transportation hubs.

For

more information, please visit https://blinkcharging.com/.

Forward-Looking

Statements

This

press release contains “forward-looking statements” that are subject to risks and uncertainties. All statements, other than

statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in

this press release may be identified by the use of words such as “expects,” “believes,” “will” and

similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Blink’s

current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain

forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and

uncertainties are described more fully in the section titled “Risk Factors” in Blink’s Annual Report on Form 10-K for

the year ended December 31, 2025 filed with the Securities and Exchange Commission, and in subsequent periodic reports. Forward-looking

statements contained in this announcement are made as of this date, and Blink undertakes no duty to update such information except as

required under U.S. federal securities law.

Blink

Investor Relations Contact

Vitalie

Stelea

IR@BlinkCharging.com

305-521-0200

ext. 446

Blink

Media Contact

Felicitas

Massa

PR@BlinkCharging.com

305-521-0200

ext. 266

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