Blink Charging (BLNK) Reports Q1 Earnings: What Key Metrics Have to Say

Core Insights - Blink Charging reported a revenue of $20.75 million for the quarter ended March 2025, which is a decrease of 44.8% compared to the same period last year [1] - The company's EPS was -$0.18, worsening from -$0.13 in the year-ago quarter, and fell short of the Zacks Consensus Estimate of -$0.14 [1] - The revenue was also below the Zacks Consensus Estimate of $27.01 million, resulting in a surprise of -23.17% [1] Revenue Breakdown - Product sales revenue was $8.38 million, significantly lower than the three-analyst average estimate of $14.18 million, marking a year-over-year decline of 69.5% [4] - Charging service revenue from company-owned stations was $6.78 million, slightly above the two-analyst average estimate of $6.28 million, reflecting a year-over-year increase of 34.9% [4] - Grant and rebate revenue was $0.16 million, exceeding the average estimate of $0.12 million, but showing a substantial year-over-year decline of 72.6% [4] - Network fees revenue reached $2.63 million, surpassing the average estimate of $2.51 million, with a year-over-year increase of 27.2% [4] - Car-sharing services generated $1.18 million, slightly below the average estimate of $1.32 million, with a year-over-year increase of 7.1% [4] - Other revenues amounted to $0.68 million, exceeding the average estimate of $0.33 million, representing a significant year-over-year increase of 102.1% [4] - Warranty revenue was $0.96 million, below the estimated $1.97 million, with a marginal year-over-year increase of 0.2% [4] Stock Performance - Blink Charging's shares have returned +12.1% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating it may perform in line with the broader market in the near term [3]