Form 8-K

8-K — Blink Charging Co.

Accession: 0001493152-26-022256

Filed: 2026-05-11

Period: 2026-05-11

CIK: 0001429764

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

Item: Results of Operations and Financial Condition

Item: Financial Statements and Exhibits

Documents

8-K — form8-k.htm (Primary)

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2026-05-11

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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): May 11, 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.)

17301

Melford Blvd,

Bowie,

Maryland

20715

(Address

of Principal Executive Offices)

(Zip

Code)

Registrant’s

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

N/A

(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.

May

11, 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 first quarter ended March 31, 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 May 11, 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: May 11, 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 FIRST QUARTER 2026 FINANCIAL RESULTS

Execution

of our strategy continues as Blink deploys capital into owner-operated DC fast charging and expands higher-quality, repeatable service

revenue

Bowie,

MD., – May 11, 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 first quarter ended March 31, 2026.

FIRST

QUARTER HIGHLIGHTS

● Service

revenue grew 25% year-over-year to $13.3 million, up from $10.7 million in Q1 2025.

● GAAP

gross margin was 32.0%, with non-GAAP gross margin of 42.4%, representing a non-GAAP improvement

of 213 basis points versus Q1 2025.

● Total

operating expenses declined 35% year-over-year to $18.4 million, down from $28.5 million

in Q1 2025. Non-GAAP operating expenses were reduced to $13.6 million.

● Net

cash provided by operating activities was approximately $0.7 million in Q1 2026, representing

an improvement of approximately $13.7 million compared to net cash used in operating activities

of approximately $13.0 million in Q1 2025.

● Net

loss narrowed 45% year-over-year to $11.6 million, compared to a net loss of $21.0 million

in Q1 2025.

THE

FOLLOWING TOP-LINE HIGHLIGHTS ARE IN THOUSANDS OF DOLLARS:

Three Months Ended

March 31

2026

2025

% Change

Product Revenue

$ 6,194

$ 8,380

(26.1 %)

Service Revenue(1)

13,349

10,681

25.0 %

Other Revenue(2)

1,236

1,657

(25.4 %)

Total Revenue

$ 20,779

$ 20,718

0.3 %

(1) Service

Revenues consist of repeatable charging service revenues, recurring network fees, and car-sharing

service revenues.

(2) Other

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

Mike

Battaglia, President and CEO of Blink Charging, commented, “Q1 reinforces that Blink is executing against our plan. We raised capital

in 2025 and are investing with discipline into areas representing a strong line of sight to long-term value creation, especially within

our owner-operated DC fast charging footprint. We are focused on achieving profitability as we build durable infrastructure, improve

utilization over time, and continue the shift toward more repeatable, recurring, and higher-quality revenue.”

Michael

Bercovich, Chief Financial Officer of Blink Charging, commented, “Over the last three quarters, we have tightened our operating

model by optimizing our operating expenses and cash-burn profile. Our strategy is governed by rigorous ROI hurdles and we are prioritizing

CapEx investments that directly expand our capacity to drive long-term value.”

FIRST

QUARTER 2026 FINANCIAL RESULTS

REVENUES

Total

revenues were $20.8 million in the first quarter of 2026, compared to $20.7 million in the first quarter of 2025, an increase of 0.3%

year-over-year.

Product

revenues were $6.2 million in the first quarter of 2026, compared to $8.4 million in the first quarter of 2025, a decrease of 26.1% year-over-year,

reflecting the continued strategic shift away from transactional and non-strategic sales toward focused and disciplined sales, along

with the repeatable and recurring service revenue program.

Service

revenues, which consist of repeatable charging service revenues, recurring network fees, and car-sharing service revenues, increased

by $2.7 million or 25.0% to $13.3 million in the first quarter of 2026, compared to $10.7 million in the first quarter of 2025. It

represented 64.2% of total revenue in the first quarter of 2026, up from 51.6% in the same period of last year, reflecting continued

momentum in Blink’s higher-quality, repeatable and recurring revenue streams.

Other

revenues, which are comprised of warranty fees, grants and rebates, and additional sources, were $1.2 million in the first quarter of

2026, compared to $1.7 million in the first quarter of 2025.

GROSS

PROFIT

Gross

profit was $6.6 million or 32.0% of revenues in the first quarter of 2026, compared to gross profit of $7.1 million, or 34.1% of revenues,

in the first quarter of 2025. Non-GAAP gross profit was 42.4% during the quarter compared to 40.3% for first quarter of 2025. The year-over-year

change in non-GAAP gross profit reflects the continued shift toward service revenue, partially offset by higher cost of service revenue

as Blink expands its owner-operated DC fast charging footprint, and in line with the 2026 guidance we provided last quarter.

OPERATING

EXPENSES

Operating

expenses in the first quarter of 2026 decreased by 35.3% to $18.4 million compared to $28.5 million in the first quarter of 2025.

The decrease was primarily driven by lower compensation expense of $10.2 million (versus $13.6 million in the prior year period),

lower general and administrative expenses of $4.6 million (versus $8.9 million), and lower other operating expenses of $3.6 million

(versus $5.3 million), reflecting the structural cost reset Blink implemented throughout 2025 with the BlinkForward

initiative.

Non-GAAP

operating expenses in the first quarter of 2026 were $13.9 million, compared to $22.6 million in the first quarter of 2025, a decrease

of 38.6% year-over-year.

NET

LOSS AND LOSS PER SHARE

Net

Loss for the first quarter of 2026 was $(11.6) million, or $(0.08) per basic and diluted share, compared to a net loss of $(21.0) million,

or $(0.21) per basic and diluted share, in the first quarter of 2025, an improvement of 44.9% year-over-year.

Non-GAAP

Net Loss for the first quarter of 2026 was $(7.8) million, or $(0.06) per share, compared to a Non-GAAP Net Loss of $(17.4) million,

or $(0.17) per share, in the first quarter of 2025, an improvement of 55% year-over-year. As of March 31, 2026, Blink’s weighted

average number of shares outstanding was 143.2 million. As of March 31, 2025, the weighted average number of shares outstanding was 102.5

million.

ADJUSTED

EBITDA

Non-GAAP

adjusted EBITDA for the first quarter of 2026 was a loss of $(5.1) million compared to an adjusted EBITDA loss of $(14.3) million in

the first quarter of 2025, an improvement of approximately 65% year-over-year.

For

reconciliation of GAAP and non-GAAP results, as well as definitions of non-GAAP metrics, please see the tables and accompanying notes

below.

CASH

LIQUIDITY

of March 31, 2026, cash and cash equivalents totaled $38.0 million compared to $39.6 million as of December 31, 2025. Blink had no debt

as of March 31, 2026. Net cash provided by operating activities was $0.7 million for the first quarter of 2026, compared to net cash

used in operating activities of $(13.0) million in the first quarter of 2025.

GUIDANCE

previously communicated, for the full year 2026, given our expected revenue range of $105 million to $115 million, we continue to

anticipate gross margins of approximately 35% on GAAP basis.

EARNINGS

CONFERENCE CALL

Blink

Charging will host a conference call and webcast to discuss first quarter 2026 results today, May 11, 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/2468/53990

participate in the call by phone, dial (888) 506-0062 approximately five minutes prior to the scheduled start time. International callers

please dial +1 (973) 528-0011. Callers should use participant access code: 413896.

replay of the teleconference will be available until June 10, 2026, and may be accessed by dialing (877) 481-4010. International callers

may dial (919) 882-2331. Callers should use replay passcode: 53990.

###

BLINK

CHARGING CO.

CONSOLIDATED

STATEMENTS OF OPERATIONS

(IN

THOUSANDS, EXCEPT FOR SHARE AND PER SHARE AMOUNTS)

(UNAUDITED)

For The Three Months Ended

March 31,

2026

2025

Revenues:

Product revenue

$ 6,194

$ 8,380

Service revenue

12,230

9,506

Other revenue

1,236

1,657

Car-sharing revenue

1,119

1,175

Total Revenues

20,779

20,718

Cost of Revenues:

Cost of product revenue

3,723

5,548

Cost of service revenue

7,379

5,281

Cost of other revenue

809

840

Cost of car-sharing revenue

1,034

685

Depreciation and amortization

1,195

1,295

Total Cost of Revenues

14,140

13,649

Gross Profit

6,639

7,069

Operating Expenses:

Compensation

10,163

13,554

General and administrative expenses

4,619

8,868

Other operating expenses

3,633

5,349

Change in fair value of consideration payable

679

Total Operating Expenses

18,415

28,450

Loss From Operations

(11,776 )

(21,381 )

Other Income (Expense):

Other income, net

242

401

Total Other Income, Net

242

401

Loss Before Income Taxes

$ (11,534 )

$ (20,980 )

Provision for income taxes

(29 )

(28 )

Net Loss

$ (11,563 )

$ (21,008 )

Net Loss Per Share:

Basic

$ (0.08 )

$ (0.21 )

Diluted

$ (0.08 )

$ (0.21 )

Weighted Average Number of Common Shares Outstanding:

Basic

143,160,628

102,466,507

Diluted

143,160,628

102,466,507

BLINK

CHARGING CO.

CONSOLIDATED

BALANCE SHEETS

(IN

THOUSANDS, EXCEPT FOR SHARE AMOUNTS)

(UNAUDITED)

March 31,

December 31,

2026

2025

Assets

Current Assets:

Cash and cash equivalents

$ 37,991

$ 39,568

Accounts receivable, net

19,113

29,532

Inventory, net

12,045

14,153

Prepaid expenses and other current assets

6,933

6,065

Total Current Assets

76,082

89,318

Restricted cash

613

Property and equipment, net

42,434

42,691

Operating lease right-of-use asset

5,805

6,331

Intangible assets, net

5,759

6,634

Goodwill

1,742

Other assets

729

648

Total Assets

$ 133,164

$ 147,453

Liabilities and Stockholders’ Equity

Current Liabilities:

Accounts payable, accrued expenses and other current liabilities

46,376

$ 47,242

Current portion of earn-out liabilities

1,005

Notes payable

265

Current portion of operating lease liabilities

2,498

2,781

Current portion of financing lease liabilities

Current portion of deferred revenue

11,686

12,137

Total Current Liabilities

61,872

63,472

Earn-out liabilities, non-current portion

981

Operating lease liabilities, non-current portion

4,537

4,804

Financing lease liabilities, non-current portion

Deferred revenue, non-current portion

2,545

5,145

Other liabilities

9,154

8,497

Total Liabilities

79,142

82,963

Stockholders’ Equity:

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

Common stock, $0.001 par value, 500,000,000 shares authorized, 143,147,682 and 142,128,133 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively

143

142

Additional paid-in capital

896,832

895,505

Accumulated other comprehensive loss

(8,964 )

(8,731 )

Accumulated deficit

(833,989 )

(822,426 )

Total Stockholders’ Equity

54,022

64,490

Total Liabilities and Stockholders’ Equity

$ 133,164

$ 147,453

BLINK

CHARGING CO. AND SUBSIDIARIES

CONSOLIDATED

STATEMENTS OF CASH FLOWS

(IN

THOUSANDS)

(UNAUDITED)

For the Three Months Ended

March 31,

2026

2025

Cash Flows From Operating Activities:

Net loss

$ (11,563 )

$ (21,008 )

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

Depreciation and amortization

2,262

2,950

Non-cash lease expense

942

931

Change in fair value of derivative and other accrued liabilities

Provision (benefit) for credit losses

217

(86 )

(Gain) loss on disposal of property and equipment

(209 )

174

(Benefit) provision for slow moving and obsolete inventory

Change in fair value of consideration payable

679

Stock-based compensation

1,328

966

Changes in operating assets and liabilities:

Accounts receivable

10,054

4,337

Inventory

1,743

(373 )

Prepaid expenses and other current assets

(203 )

(237 )

Other assets

(98 )

Accounts payable, accrued expenses, and other current liabilities

(898 )

(915 )

Other liabilities

(2,676 )

(300 )

Operating lease liabilities

(966 )

(821 )

Deferred revenue

737

629

Total Adjustments

12,233

7,982

Net Cash Provided By (Used In) Operating Activities

670

(13,026 )

Cash Flows From Investing Activities:

Proceeds from sale of marketable securities

13,630

Capitalization of engineering costs

(29 )

(173 )

Purchases of property and equipment

(1,632 )

(1,087 )

Net Cash (Used In) Provided By Investing Activities

(1,661 )

12,370

Cash Flows From Financing Activities:

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

891

Repayment of financing liability in connection with finance lease

(10 )

(8 )

Net Cash (Used In) Provided By Financing Activities

(10 )

883

Effect of Exchange Rate Changes on Cash and Cash Equivalents

(52 )

138

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

(1,053 )

365

Cash and Cash Equivalents and Restricted Cash - Beginning of Period

39,657

41,852

Cash and Cash Equivalents and Restricted Cash - End of Period

$ 38,604

$ 42,217

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

Cash and cash equivalents

$ 37,991

$ 42,140

Restricted cash

613

$ 38,604

$ 42,217

[1]

For

the three months ended March 31, 2025, includes gross proceeds of $909, less issuance costs of $18.

NON-GAAP

FINANCIAL MEASURES

The

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

shown:

For the Three Months Ended

March 31,

2026

2025

GAAP Net Loss

(11,563 )

(21,008 )

Share-Based Compensation

1,837

905

Non-recurring or non-cash charges

1,898

2,030

Other Adjustments (1)

679

Non-GAAP Net Loss

(7,828 )

(17,394 )

Provisions for Income Tax

Interest income

(242 )

(401 )

Depreciation and Amortization

2,983

3,492

Non-GAAP adjusted EBITDA

(5,058 )

(14,276 )

The

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

For the Three Months Ended

March 31,

2026

2025

GAAP Net Loss per Share

(0.08 )

(0.21 )

Share-Based Compensation

0.01

Non-recurring or non-cash charges

0.01

0.02

Other Adjustments (1)

0.01

Non-GAAP Net Loss per Share

(0.06 )

(0.17 )

Provisions for Income Tax

0.00

Interest income

(0.00 )

Depreciation and Amortization

0.02

0.03

Non-GAAP Adjusted EBITDA per Share

(0.04 )

(0.14 )

The

following table reconciles GAAP Gross Margins and Operating Expenses to Non-GAAP Gross Margins and Operating Expenses for the periods

shown:

For the Three Months Ended

March 31,

2026

2025

Reconciliation of GAAP Gross Profit and Margin to Non-GAAP Gross Profit and Margin

GAAP gross profit and margin

6,639

32.0 %

7,069

34.1 %

Non-recurring or non-cash charges

252

(565 )

Depreciation and Amortization

1,917

1,836

Non-GAAP Gross Profit and Margin

8,808

42.4 %

8,340

40.3 %

Reconciliation of GAAP total operating expenses to non-GAAP total operating expenses

GAAP Total Operating Expenses

18,415

28,450

Share-Based Compensation

(1,837 )

(905 )

Depreciation and Amortization

(1,067 )

(1,656 )

Non-recurring and non-cash charges

(1,646 )

(2,595 )

Other Adjustments (1)

(679 )

Non-GAAP Total Operating Expenses

13,865

22,615

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. 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) changes in

fair value of consideration payable and impairment of goodwill and intangible assets. 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 share-based compensation, non-recurring and non-cash charges, and other adjustments, but unlike Adjusted EBITDA, retains

the impact of taxes, depreciation and amortization and interest income/expense.

Adjusted

EBITDA is defined as GAAP Net Loss adjusted to add back: (i) stock-based compensation; (ii) depreciation and amortization included in

cost of revenues; (iii) non-recurring and non-cash charges (including severance, retention payments, one-time legal and consulting fees,

and similar items not reflective of ongoing operations); (iv) changes in fair value of consideration payable and impairment of goodwill

and intangible assets; (v) provision for income taxes; (vi) depreciation and amortization within operating expenses; less (vii) 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) depreciation and amortization included in cost of revenues,

(iii) non-recurring and non-cash charges, (iv) changes in fair value of consideration payable and impairment of goodwill and intangible

assets, (v) provision for income taxes, (vi) depreciation and amortization within operating expenses, and (vii) net interest income (expense).

Adjusted

EPS is calculated as Non-GAAP Adjusted EBITDA divided by the weighted average diluted shares outstanding for the period. 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 such as the success

of Blink’s (i) program to shift towards more repeatable, recurring and higher-quality service revenue, (ii) deployment of capital

into owner-operated DC fast charging to expand our footprint and (iii) full year 2026 business operations to achieve the expected revenue

range and anticipated gross margins disclosed under “Guidance” in this press release. 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

Blink

Media Contact

Felicitas

Massa

PR@BlinkCharging.com

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