Blink Charging ( (BLNK) ) has released its Q3 earnings. Here is a breakdown of the information Blink Charging presented to its investors.
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Blink Charging Co. is a global leader in electric vehicle charging equipment and services, providing innovative solutions for drivers, hosts, and fleets to transition to electric transportation. In its third quarter of 2025, Blink Charging reported a 7.3% increase in total revenues year-over-year, reaching $27 million, with a notable 35.5% rise in service revenues driven by increased charger utilization. The company also improved its gross margin to 35.8% and significantly reduced its operating cash burn by 87% sequentially. Key strategic moves included a transition to contract manufacturing and ongoing efforts to integrate crypto payments by year-end. Blink’s management highlighted the successful execution of its BlinkForward strategy, which focuses on simplifying operations, reducing costs, and achieving profitability. Looking ahead, Blink Charging anticipates continued revenue growth and momentum in the fourth quarter of 2025, supported by its strategic initiatives and operational discipline.