Service Revenue Growth
Service revenue reached a record $11.9 million, up 36% year-over-year, reflecting the continued strength of Blink's network and Blink-owned asset portfolio.
Gross Margin Improvement
Achieved gross margins of 35.8%, supported by services revenue growth and focus on higher-margin product opportunities and disciplined pricing.
Operating Expense Reduction
Operating expenses reduced by 15% year-over-year, dropping from $27.9 million in Q3 2024 to $23.6 million in Q3 2025.
Cash Burn Reduction
Reduced cash burn in Q3 by 87% to $2.2 million sequentially, the lowest level in more than 3 years.
DC Fast Charger Revenue Growth
More than 300% year-over-year growth in DC fast charger revenue from Blink-owned sites.