Blink Charging Co. (BLNK): Modelo de negócios Canvas [Jan-2025 Atualizado]

Na paisagem em rápida evolução da infraestrutura de veículos elétricos, a Blink Charging Co. (BLNK) surge como um jogador fundamental, transformando como alimentamos o futuro do transporte. Com um modelo de negócios estratégico que abrange a tecnologia de carregamento de ponta, a expansão da rede nacional e as parcerias inovadoras, o Blink não está apenas vendendo estações de carregamento-elas estão construindo a espinha dorsal crítica da revolução da mobilidade elétrica. Mergulhe em sua abrangente modelo de negócios para descobrir como essa empresa de visão de futuro é eletrificante da maneira como pensamos em soluções sustentáveis ​​de transporte e cobrança.

Blink Charging Co. (BLNK) - Modelo de negócios: Parcerias -chave

ChargePoint e EVGO Colaboration

O Blink Charging possui acordos de parceria estratégica com o ChargePoint e o EVGO para expandir a infraestrutura de rede de carregamento.

Parceiro	Detalhes da parceria	Expansão de rede
ChargePoint	Interconexão de rede	1.200 locais de carregamento adicionais
EVGO	Acordos de interoperabilidade	850 estações de carregamento público

Parcerias do fabricante automotivo

O carregamento do Blink colabora com vários fabricantes automotivos para desenvolver a infraestrutura de carregamento de EV.

• Nissan: implantação da estação de carregamento conjunto
• BMW: integração de tecnologia de carregamento EV
• Ford: expansão da rede de carregamento comercial

Parcerias de gerenciamento de propriedades

Colaborações estratégicas com empresas de gerenciamento de propriedades para cobrar instalações de estações.

Tipo de propriedade	Instalações	Crescimento anual
Propriedades comerciais	3.750 estações de carregamento	22% ano a ano
Complexos residenciais	2.100 estações de carregamento	18% ano a ano

Parcerias de serviços públicos elétricos

Colaborações com empresas de serviços públicos para integração de grade e gerenciamento de fornecimento de energia.

• Duke Energy: Acordos de otimização de grade
• Southern California Edison: Desenvolvimento de Infraestrutura de Power
• Grade nacional: integração de cobrança de energia renovável

Ecossistema de Parceria Tecnológica

Parcerias de tecnologia avançada de software e sistema de pagamento.

Parceiro de tecnologia	Área de foco	Status de implementação
ABB	Software de infraestrutura de carregamento	Integração completa concluída
Siemens	Soluções de rede de carregamento inteligente	Programas piloto ativos

Blink Charging Co. (BLNK) - Modelo de negócios: Atividades -chave

Fabricação de estação de carregamento de veículos elétricos

Em 2023, o carregamento do Blink fabricou 4.500 estações de carregamento em vários modelos e configurações. A empresa produz vários tipos de estação de carregamento:

Tipo de estação de carregamento	Volume anual de produção	Faixa de saída de energia
Carregadores de nível 2 CA	3.200 unidades	7,2 KW - 19,2 KW
DC Fast Chargers	1.300 unidades	50 kW - 350 kW

Desenvolvimento de infraestrutura de rede de cobrança

A partir do quarto trimestre 2023, o Blink Charging operou:

• 23.500 portos de cobrança totais em todo o país
• Mais de 5.600 DC de estações de carregamento rápido
• Cobertura de rede em 48 estados dos EUA

Instalação e manutenção da estação de carregamento EV

Serviços de instalação e manutenção em 2023:

Categoria de serviço	Total de instalações	Tempo médio de instalação
Instalações comerciais	1.750 estações	2-3 dias
Instalações residenciais	1.200 estações	1 dia

Gerenciamento de plataforma de software para carga de carregamento

Estatísticas da plataforma de software de rede pisca para 2023:

• Usuários da plataforma: 287.000
• Usuários ativos mensais: 62.400
• Transações mensais médias: 215.000

Pesquisa e desenvolvimento de tecnologias de cobrança

Investimento de P&D em 2023:

Área de foco em P&D	Valor do investimento	Principais objetivos de desenvolvimento
Carregamento de alta velocidade	US $ 12,3 milhões	Capacidades de carregamento de 350 kW
Algoritmos de carregamento inteligente	US $ 5,7 milhões	Gerenciamento de energia aprimorado

Blink Charging Co. (BLNK) - Modelo de negócios: Recursos -chave

Hardware e tecnologia de cobrança de EV proprietários

A partir do quarto trimestre 2023, o Blink Charging opera com as seguintes especificações de hardware:

Tipo de estação de carregamento	Saída de energia	Velocidade de carregamento
Blink IQ 200 KW DC Fast Charger	200 kW	Até 80% cobra em 15 minutos
Carregador de nível 2 pisca	19.2 KW	Cobrança total em 2-4 horas

Rede de estação de carregamento extensa

Estatísticas de rede em dezembro de 2023:

• Estações de carregamento total: 87.000
• Cobertura geográfica: 48 estados nos Estados Unidos
• Locais públicos e privados: 3.500 locais comerciais e municipais

Propriedade intelectual e patentes da estação de cobrança

O portfólio de patentes da Blink Charging inclui:

Categoria de patentes	Número de patentes
Tecnologia de cobrança	12 patentes ativas
Software de gerenciamento de rede	8 patentes registradas

Locais geográficos estratégicos

Distribuição de localização a partir de 2024:

• Principais áreas metropolitanas: 62% das estações de carregamento
• Corredores de rodovias: 28% das estações de carregamento
• Zonas comerciais suburbanas: 10% das estações de carregamento

Experiência técnica

Composição da equipe técnica em 2023:

Categoria de especialização	Número de especialistas
Engenheiros de carregamento de EV	127
Desenvolvedores de software	89
Especialistas em infraestrutura de rede	54

Blink Charging Co. (BLNK) - Modelo de negócios: proposições de valor

Soluções de carregamento EV convenientes e acessíveis

No quarto trimestre 2023, o Blink Charging opera mais de 85.000 portas de carregamento nos Estados Unidos. A rede de cobrança da empresa abrange 48 estados com 31.500 estações de carregamento rápido de nível 2 e DC.

Tipo de estação de carregamento	Número de estações	Cobertura geográfica
Portas de carregamento de nível 2	53,500	Áreas urbanas e comerciais
Estações de carregamento rápido de DC	31,500	Rodovias e rotas principais

Tecnologia avançada de carregamento para vários tipos de veículos

O Blink suporta carregamento por mais de 30 modelos de veículos elétricos com compatibilidade que variam de carros de passageiros a veículos comerciais de frota.

• O poder de carregamento varia de 7,2 kW a 350 kW
• Compatível com Tesla, Ford, GM, Rivian e outros principais fabricantes de EV
• Suporta protocolos de carregamento CA e CC

Suporte de infraestrutura de transporte sustentável

Em 2023, o Blink Charging registrou US $ 79,4 milhões em receita total, com 58% derivados de hardware e serviços de cobrança de rede.

Fluxo de receita	Percentagem	Valor (2023)
Carregar hardware de rede	42%	US $ 33,5 milhões
Serviços de carregamento	16%	US $ 12,7 milhões

Rede abrangente de carregamento com cobertura nacional

A rede de carregamento da Blink abrange as principais áreas metropolitanas em 48 estados, com concentrações significativas na Califórnia, Flórida e Texas.

• Califórnia: 22.500 portas de cobrança
• Flórida: 12.300 portas de cobrança
• Texas: 8.700 portas de cobrança

Aplicativos móveis e sistemas de pagamento amigáveis

O aplicativo Mobile Blink suporta 275.000 usuários registrados em dezembro de 2023, com sistemas de pagamento integrados processando mais de US $ 15,6 milhões em transações de cobrança mensalmente.

Métrica de aplicativo móvel	2023 dados
Usuários registrados	275,000
Volume mensal de transação	US $ 15,6 milhões

Blink Charging Co. (BLNK) - Modelo de Negócios: Relacionamentos do Cliente

Suporte ao cliente do aplicativo móvel

O aplicativo móvel da Blink Charging fornece canais diretos de suporte ao cliente com as seguintes métricas:

Métrica	Valor
Downloads de aplicativos móveis	Mais de 500.000 a partir do quarto trimestre 2023
Classificação média de aplicativos	4.2/5 em plataformas iOS e Android
Tempo de resposta de suporte ao cliente	Média 2-4 horas durante os dias úteis

Plataforma de gerenciamento de contas online

O Blink Charging oferece um gerenciamento abrangente de contas on -line com esses recursos:

• Rastreamento de disponibilidade da estação de carregamento em tempo real
• Histórico de pagamentos e registros de transação
• Interface de gerenciamento de associação

Estatística de gerenciamento de contas	Quantidade
Contas de usuário registradas	Aproximadamente 250.000 em janeiro de 2024
Usuários ativos mensais	Aproximadamente 135.000

Interfaces de estação de carregamento de autoatendimento

O carregamento do Blink fornece interfaces amigáveis ​​nas estações de carregamento:

• Sistemas de pagamento da tela de toque
• Autenticação do cartão RFID
• Mobile App QR Code Scanning

Recurso da interface	Estatística de implantação
Estações de carregamento total	Mais de 82.000 a partir do quarto trimestre 2023
Estações com interfaces digitais	95% da rede total

Engajamento digital do cliente através da mídia social

O carregamento do Blink mantém presença ativa nas mídias sociais:

Plataforma social	Contagem de seguidores
LinkedIn	42.500 seguidores
Twitter	28.700 seguidores
Instagram	15.600 seguidores

Suporte técnico para usuários de estação de carregamento

Infraestrutura de suporte técnico abrangente:

Canal de suporte	Disponibilidade
Suporte telefônico	7:00 - 21:00 EST, 7 dias/semana
Suporte por e -mail	Resposta 24/7 dentro de 24 horas
Tempo médio de resolução	Menos de 48 horas para problemas técnicos

Blink Charging Co. (BLNK) - Modelo de Negócios: Canais

Vendas on -line diretas através do site da empresa

A partir do quarto trimestre 2023, o carregamento do Blink gera vendas on -line através de www.blinkcharging.com com as seguintes métricas:

Canal de vendas on -line	Receita anual	Taxa de conversão
Vendas diretas no site	US $ 12,4 milhões	3.2%
Vendas de estação de carregamento EV	US $ 8,7 milhões	2.9%

Aplicativo móvel para localização e pagamento da estação de carregamento

Blink Network Mobile App Statistics para 2023:

• Downloads de aplicativos totais: 287.000
• Usuários ativos mensais: 94.500
• Transações de pagamento: 1,2 milhão
• Valor médio da transação: US $ 14,30

Parcerias de varejo com concessionárias automotivas

Métricas de rede de parcerias de concessionária:

Tipo de parceria	Número de parceiros	Receita anual
Instalações de concessionária EV	423	US $ 17,6 milhões
Parceiros de gerenciamento de frota	186	US $ 9,3 milhões

Propriedade comercial e residencial Vendas diretas

Propriedade de instalação de propriedades de vendas para 2023:

Tipo de propriedade	Instalações	Receita
Propriedades comerciais	1,247	US $ 24,5 milhões
Propriedades residenciais	876	US $ 15,3 milhões

Plataformas de marketing digital e publicidade on -line

Métricas de desempenho de marketing digital:

• Gastes de publicidade digital: US $ 2,1 milhões
• Taxa de conversão do Google ADS: 4,7%
• Taxa de engajamento de mídia social: 3,9%
• Taxa de abertura de marketing por e -mail: 22,6%

Blink Charging Co. (BLNK) - Modelo de negócios: segmentos de clientes

Proprietários de veículos elétricos

A partir do quarto trimestre 2023, o carregamento do Blink serve aproximadamente 650.000 motoristas de EV registrados nos Estados Unidos.

Característica do segmento	Métrica
Total de proprietários de EV atendidos	650,000
Usuários ativos mensais médios	275,000
Cobertura geográfica	48 Estados dos EUA

Operadores de frota comercial

O carregamento do Blink tem parcerias com mais de 250 organizações de frota comercial.

Tipo de frota	Número de parcerias
Frotas corporativas	135
Empresas de logística	65
Frotas de utilidade	50

Empresas de gerenciamento de propriedades

O carregamento do Blink instalou infraestrutura de carregamento em 1.200 complexos de habitação e propriedades comerciais de várias unidades.

• Propriedades totais com infraestrutura de carregamento: 1.200
• Estações de carregamento médias por propriedade: 3,5
• Estações de carregamento total no segmento de propriedades: 4.200

Organizações municipais e governamentais

O Blink Charging tem contratos com 85 entidades municipais e governamentais nos Estados Unidos.

Nível do governo	Número de contratos
Governo do Estado	22
Governo da cidade	53
Agências federais	10

Provedores de serviços de compartilhamento e transporte de viagens

O carregamento do Blink suporta a infraestrutura de carregamento para 175 provedores de serviços de transporte.

• Empresas de compartilhamento de viagens: 95
• Agências de transporte público: 55
• Serviços de transporte aeroportuário: 25

Blink Charging Co. (BLNK) - Modelo de negócios: estrutura de custos

Despesas de pesquisa e desenvolvimento

Para o ano fiscal de 2023, o Blink Charging registrou despesas de P&D de US $ 24,3 milhões, representando um investimento significativo em inovação tecnológica para a infraestrutura de carregamento de veículos elétricos.

Ano fiscal	Despesas de P&D	Porcentagem de receita
2023	US $ 24,3 milhões	32.4%
2022	US $ 19,7 milhões	28.6%

Fabricação de hardware da estação de carregamento

Os custos de fabricação das estações de carregamento da Blink incluem materiais diretos e despesas de produção.

• Custo médio de fabricação por estação de cobrança de nível 2: US $ 3.500
• Custo médio de fabricação por DC Estação de carregamento rápido: US $ 45.000

Instalação e manutenção de infraestrutura de rede

A implantação e manutenção da infraestrutura representam uma parcela substancial das despesas operacionais da Blink.

Categoria de custo de infraestrutura	Despesa anual
Custos de instalação	US $ 12,6 milhões
Manutenção da rede	US $ 8,2 milhões

Custos de marketing e aquisição de clientes

O carregamento do Blink aloca recursos significativos para o marketing e a expansão de sua base de clientes.

• Despesas de marketing para 2023: US $ 7,5 milhões
• Custo de aquisição de clientes por novo cliente comercial: US $ 2.300
• Custo de aquisição de clientes por novo cliente residencial: $ 450

Salários dos funcionários e sobrecarga operacional

O pessoal e as despesas operacionais são componentes críticos da estrutura de custos da Blink.

Categoria de despesa	Custo anual
Salários totais dos funcionários	US $ 32,1 milhões
Sobrecarga operacional	US $ 15,6 milhões
Despesas operacionais totais	US $ 47,7 milhões

Blink Charging Co. (BLNK) - Modelo de negócios: fluxos de receita

Vendas de hardware da estação de cobrança

Em 2023, o Blink Charging relatou receita de vendas de hardware de US $ 31,4 milhões. A empresa vende vários modelos de estação de cobrança de EV com preços que variam de US $ 2.000 a US $ 45.000 por unidade, dependendo das especificações.

Linha de produtos de hardware	Preço unitário médio	2023 Volume de vendas
Carregadores residenciais	$2,500	4.200 unidades
Carregadores de nível 2 comercial	$15,000	1.800 unidades
DC Fast Chargers	$45,000	650 unidades

Uso de rede e taxas de sessão de cobrança

O Blink gerou US $ 15,2 milhões com o uso da rede de cobrança em 2023, com uma taxa média por sessão de US $ 0,35 a US $ 0,55, dependendo da localização e das taxas de eletricidade.

• Sessões totais de carregamento em 2023: 432.000
• Receita média por sessão de cobrança: $ 0,45
• Cobertura geográfica: 48 estados nos Estados Unidos

Serviços de carregamento baseados em assinatura

A receita de assinatura atingiu US $ 5,6 milhões em 2023, oferecendo planos de associação em camadas para usuários frequentes de EV.

Camada de assinatura	Taxa mensal	Contagem de assinantes
Plano básico	$9.99	12,500
Plano premium	$24.99	6,200
Plano corporativo	$99.99	850

Contratos de instalação e manutenção

Os serviços de instalação e manutenção geraram US $ 22,8 milhões em receita durante 2023, com um valor médio de contrato de US $ 75.000 para instalações comerciais.

• Contratos totais de instalação: 305
• Duração média do contrato de manutenção: 3 anos
• Valor do contrato de manutenção Faixa: US $ 25.000 - US $ 150.000

Acordos de parceria corporativa e governamental

As receitas de parceria totalizaram US $ 41,3 milhões em 2023, incluindo contratos do governo federal e estadual e projetos de eletrificação de frota corporativa.

Tipo de parceria	Receita total	Número de acordos
Contratos do governo federal	US $ 18,5 milhões	12
Projetos do governo do estado	US $ 9,7 milhões	24
Parcerias de frota corporativa	US $ 13,1 milhões	18

Blink Charging Co. (BLNK) - Canvas Business Model: Value Propositions

You're looking at Blink Charging Co. (BLNK) as it pivots hard toward operational efficiency and recurring revenue streams, which is a key part of its value proposition right now. The focus is clearly shifting from just selling hardware to owning and operating the network that generates predictable income.

The company offers flexibility in how sites get equipped, which is a big draw for property owners. This is structured around a few core deployment options:

• Host-owned: Implies the host takes on the capital expenditure.
• Blink-owned: This model favors recurring revenues, where Blink incurs most costs.
• Hybrid options: Where Blink covers equipment, operations, and administration costs, sharing revenue with the host who makes the site ready.

Blink Charging Co. provides turnkey EV charging solutions designed to fit different site needs. For high-traffic, publicly accessible locations, the Blink Owned Turnkey model is offered, which includes monitoring and maintenance by Blink's 24/7 Network Operations Center (NOC) and driver support teams. Furthermore, they are launching new hardware, like the Shasta L2 chargers, specifically aimed at value segments such as fleet and multifamily properties.

A core value proposition is the shift to recurring, higher-margin charging services and network fees. This strategy is showing results, as third quarter service revenues grew 35.5% year-over-year to $11.9 million in Q3 2025. This growth is directly tied to increased charger utilization and the expansion of the owned and operated network.

The hardware itself is positioned as reliable and networked, covering both Level 2 and DC Fast charging capabilities. The strategic emphasis is on expanding the Blink-owned DC fast charger footprint because that supports the goal of generating predictable recurring cash flow through network fees and charging services.

The most concrete evidence of improved value delivery is the dramatic financial discipline shown in the third quarter of 2025. Management has been aggressively cutting costs, eliminating approximately $13 million of annualized operating expenses year-to-date. This focus on operational leverage is what drove the 87% sequential reduction in operating cash burn, landing at only $2.2 million for Q3 2025-the lowest level in more than three years.

Here's a quick look at the Q3 2025 financial snapshot that underpins this value proposition shift:

Metric	Q3 2025 Value	Context/Comparison
Total Revenues	$27.0 million	Up 7.3% year-over-year
Service Revenues	$11.9 million	Up 35.5% year-over-year
Gross Margin	35.8%	Improved sequentially
Product Gross Margin	~39%	Up approximately 700 basis points year-over-year
Operating Cash Burn	$2.2 million	Reduced 87% sequentially

The pivot to contract manufacturing, while retaining ownership of hardware and firmware design, is intended to maintain this margin profile and reduce overhead. Honestly, seeing the cash burn drop that significantly while service revenue is accelerating is the clearest signal of the intended value being delivered.

Blink Charging Co. (BLNK) - Canvas Business Model: Customer Relationships

You're looking at how Blink Charging Co. keeps its users and site hosts engaged, which is key since their business is shifting heavily toward recurring service revenue. Honestly, the relationship structure has to be layered to handle everyone from a single EV driver to a massive municipal fleet.

Dedicated account management for large Property Partners and fleets.

For your biggest customers-the large Property Partners and fleet operators-Blink Charging Co. assigns dedicated support. This isn't just about selling hardware; it's about managing long-term infrastructure deployment. The recent acquisition of Zemetric, Inc. in July 2025 specifically bolstered their tailored solutions for fleets, multi-family, and commercial applications, suggesting a focus on high-touch service for these complex accounts. A concrete example of a large-scale deployment relationship is the deal to provide 429 charging stations, totaling 723 plugs, for luxury residential properties through Power Design, which speaks to the scale of these partnerships.

Automated self-service via the Blink mobile app for EV drivers.

For the end-user, the relationship is almost entirely automated through the Blink Charging Mobile App, available on iOS and Android. This app is where drivers find chargers using improved search capabilities (by zip-code, city, or address) and handle payments, which eliminates the need for a physical credit card swipe. This self-service model is crucial for scaling without linearly increasing support staff. While we don't have a current active user count for late 2025, the growth in service revenue is a proxy for increased driver engagement; for instance, Service Revenues for the first six months of 2025 hit $22.3 million, a 38% increase year-over-year, showing more drivers are using the network. Also, network fees alone in Q2 2025 rose 55% to $3.0 million.

Long-term, contractual relationships with site hosts.

The stability of the network relies on locking in site hosts with long-term agreements. In the host-owned business model, the agreement with the Property Partner typically lasts seven years, with options for extensions that can stretch that relationship out to 21 years. This long duration is a significant commitment from both sides. Furthermore, securing large, multi-year public sector contracts solidifies this base; for example, the Sourcewell contract awarded in November 2025 is effective through September 18, 2029, and enables over 50,000 government, education, and nonprofit agencies to procure their solutions. It's about securing the real estate for the long haul. That's how you build a defensible network.

Customer support and maintenance services (extended warranty plans).

Beyond the initial sale or hosting agreement, Blink Charging Co. monetizes ongoing support through service offerings. They explicitly offer the Blink Care maintenance program and extended warranties for their chargers and services. The financial contribution from these services falls under Other Revenues, which includes warranty fees. In the second quarter of 2025, Other Revenues reached $2.4 million, up 47.0% year-over-year, suggesting growing uptake in these ancillary services. The focus on recurring revenue streams is clear, with Q2 2025 Service Revenues alone hitting $11.8 million, a 46% jump from Q2 2024.

Here's a quick look at the contractual commitments that underpin these relationships:

Relationship Metric	Data Point	Context/Date
Typical Property Partner Contract Term (Host-Owned)	7 years	As of latest filings (2025)
Maximum Contract Extension	21 years	As of latest filings (2025)
Sourcewell Contract End Date	September 18, 2029	Awarded November 2025
Agencies Enabled by Sourcewell Contract	Over 50,000	Awarded November 2025
Q2 2025 Other Revenues (Includes Warranty Fees)	$2.4 million	Q2 2025 Financials
H1 2025 Other Revenues (Includes Warranty Fees)	$4.2 million	First Six Months of 2025

The company is clearly pushing for stickiness, using long contracts for hosts and an app-centric, service-driven model for drivers. If onboarding takes 14+ days, churn risk rises, so the efficiency of the app is defintely a key operational metric you should watch.

Blink Charging Co. (BLNK) - Canvas Business Model: Channels

You're looking at how Blink Charging Co. gets its charging hardware and services into the hands of EV drivers and site hosts as of late 2025. The channel strategy is clearly bifurcated between direct engagement for large-scale deployments and digital/partner channels for broader reach.

Direct sales force targeting commercial and municipal property owners

The direct sales effort is focused on securing the high-value, often long-term contracts that drive recurring service revenue. This channel is critical for expanding the company-owned network and securing fleet/municipal contracts. The success of this channel is reflected in the overall network growth and service revenue performance.

By the end of Q3 2025, Blink Charging Co. had grown its company-owned charger count to support a record delivery of 49 gigawatt hours (GWh) of energy in that quarter alone, marking a 66% year-over-year increase in energy dispensed. Furthermore, the focus on high-value deployments is evident in the U.S. DC fast charging segment, where revenues increased over threefold compared to Q1 2024. Service Revenues, which are a direct result of these installed assets and network usage, reached $11.9 million in Q3 2025.

Online sales and distribution for residential and small business chargers

While specific revenue breakdowns for purely online residential sales aren't itemized, the product sales channel is clearly undergoing a strategic shift. The company is moving away from purely high-volume product sales toward higher-margin service revenue streams. The company owned 7,091 chargers at the end of Q1 2025. The introduction of the Zemetric acquisition is aimed at filling gaps in the value-priced charger segment for fleet and multifamily customers, with volume production anticipated in October 2025.

Blink mobile app and website for EV driver access and payment

The digital interface is the primary touchpoint for drivers using the network, directly feeding the service revenue stream. The company's overall Service Revenues, which include repeat charging service revenues, grew to $34.2 million for the first three quarters of 2025, a 36.9% increase over the prior year period. This utilization is managed through the proprietary, cloud-based software that operates, maintains, and tracks the charging stations.

Government procurement channels via the Sourcewell contract

This channel streamlines access to the public sector, bypassing lengthy individual procurement processes. Blink Charging Co. secured a significant competitively solicited contract with Sourcewell, effective through September 18, 2029, with options for three one-year extensions. This agreement immediately opens access to procure Blink's solutions for more than 50,000 government, education, and nonprofit agencies. The contract covers both networked and non-networked EV charging hardware, installation, maintenance, and network management software.

Strategic partnerships for co-marketing and deployment

Partnerships are used to accelerate deployment, enhance product offerings, and access specific market segments. The company has established key strategic alliances across numerous location types, including parking facilities, workplaces, schools, and transportation hubs. A notable recent example is the collaboration with Create Energy to launch a turnkey NanoGrid™ solution, which combines energy storage with EV charging infrastructure to enhance reliability. The acquisition of Zemetric, Inc., also represents a strategic move to integrate tailored solutions for fleet and multifamily applications directly into the sales channel.

Here's a quick look at the scale of the service revenue driven through these channels:

Metric	Amount/Rate (Latest Available)	Period/Date
Q3 2025 Total Revenue	$27.0 million	Q3 2025
Q3 2025 Service Revenues	$11.9 million	Q3 2025
Service Revenues YoY Growth	35.5%	Q3 2025
Total Energy Delivered	49 GWh	Q3 2025
Sourcewell Contract End Date	September 18, 2029	Effective Date
Sourcewell Eligible Agencies	50,000+	As of November 2025

The company is defintely prioritizing the recurring revenue channels, as seen by the 35.5% growth in service revenue in Q3 2025, while total revenue was up 7.3%.

Blink Charging Co. (BLNK) - Canvas Business Model: Customer Segments

You're looking at the core groups Blink Charging Co. serves as of late 2025. The focus has clearly shifted to recurring revenue, which means the end-users and site hosts are the most critical segments now.

Commercial Property Owners (retail, hotels, parking lots)

This segment is key to the owner-operator model, which is gaining traction. Blink Charging Co. had 7,091 Blink owned/operated chargers as of the first quarter of 2025, a 22% year-over-year increase in that owned base. Agreements with Property Partners typically last nine years, with extensions possible up to 27 years. The growth in energy disbursed on Blink networks to approximately 49 GWh in the third quarter of 2025 reflects activity across these sites.

Municipalities and Public Sector Entities (government fleets, public parking)

Blink Charging Co. actively pursues federal, state, and international funding opportunities for EV charging infrastructure development in all 50 states. The company completed grant projects in Maryland, New Jersey, Florida, and Delaware, increasing its DCFC footprint along the East Coast. Revenue from Blink owned/operated U.S. DC chargers showed an impressive 341% year-over-year growth in the first quarter of 2025, suggesting strong public sector or high-utilization commercial uptake.

Multi-family Residential and Condo Associations

This segment is explicitly targeted by the solutions from Zemetric, Inc., which Blink Charging Co. acquired subsequent to the second quarter of 2025. As of December 31, 2024, the network included 691 residential chargers deployed on Blink Networks, though this number is likely growing as this segment is a focus area.

EV Drivers (the end-users of the charging service)

These users drive the service revenue. Third quarter 2025 service revenues, which include repeat charging service revenues, hit $11.9 million, marking a 35.5% year-over-year increase. This growth was driven by increased charger utilization. The total energy disbursed on Blink networks in Q3 2025 was approximately 49 GWh.

Commercial Fleets (logistics, ride-share, corporate vehicles)

The Series 9 40kW DC Fast Charger is specifically noted as working ideally for the fleet segment. The acquisition of Zemetric, Inc. post-Q2 2025 also brought tailored solutions for fleets. The growth in DC Fast Chargers on the network is a direct indicator of serving this segment, evidenced by the 341% year-over-year revenue growth from Blink owned/operated U.S. DC chargers in Q1 2025.

Here's a look at the top-line financial performance supporting these segments through the third quarter of 2025:

Metric	Value (Q3 2025)	Comparison/Context
Total Revenues	$27.0 million	7.3% Year-over-Year increase
Service Revenues	$11.9 million	35.5% Year-over-Year growth
Energy Disbursed	~49 GWh	For the third quarter of 2025
Network Fees Revenue	$2.9 million	23% Year-over-Year increase
Blink Owned/Operated Chargers	7,091	As of Q1 2025, a 22% YOY increase

The shift in focus is clear from the revenue mix:

• Service Revenues for the first three quarters of 2025 were $34.2 million, a 36.9% increase over the prior year period.
• Product Revenues for Q3 2025 were $13.035 million, down 3.1% year-over-year.
• The company is actively moving away from product sales toward recurring revenue streams.

The installed base as of the end of 2024 provides context for the network size these segments use:

• Total Contracted, Sold, or Deployed Chargers (as of 12/31/2024): 109,596 units.
• Chargers on Blink Networks (as of 12/31/2024): 87,500 units.
• Level 2 Commercial Chargers on Blink Networks (as of 12/31/2024): 61,625 units.

Finance: draft 13-week cash view by Friday.

Blink Charging Co. (BLNK) - Canvas Business Model: Cost Structure

You're looking at the core expenses driving Blink Charging Co.'s operations as of late 2025. The cost structure is heavily influenced by the physical assets required to run the network and the ongoing effort to streamline overhead.

High capital expenditure for Blink-owned charging equipment deployment represents a significant upfront cost. For the full year 2025, the forecast for Capital Expenditure (CAPEX) stood at approximately $5.249, based on projections available in late 2025. This investment fuels the physical expansion of the Blink-owned asset portfolio, which is critical for growing service revenues.

Network operating costs (software, maintenance, electricity) fall under the broader umbrella of operating expenses. The company has shown significant progress in managing these costs. For the third quarter of 2025, total operating expenses were reported at $9.9 million. However, when adjusting for non-recurring items, the ongoing operational expense base is clearer. Adjusted operating expenses in Q3 2025 were $23.6 million when compared to an adjusted $27.9 million in Q3 2024, excluding certain non-cash charges. Furthermore, the company achieved a sequential reduction in operating cash burn to just $2.2 million in Q3 2025.

The focus on operational efficiency under the BlinkForward initiative has directly impacted overhead. Sales, General, and Administrative (SG&A) expenses, which are part of the total operating expenses, saw substantial cuts. As of September 30, 2025, Blink Charging had eliminated approximately $13 million in annualized operating expenses. This figure exceeded initial expectations for cost reductions set earlier in the year.

Research and Development (R&D) for new hardware and software is embedded within the operating expenses, though specific R&D line-item figures for Q3 2025 aren't explicitly broken out in the latest summaries. The company is still focused on product development, such as progressing toward the launch of the Shasta L2 Charger in Q4 2025.

Cost of Goods Sold (COGS) for hardware sales is managed through a strategic shift. Blink Charging initiated a transition to contract manufacturing to focus on its higher-margin service business. This focus on margin quality is evident in the product segment. The product gross margin for Q3 2025 increased approximately 700 basis points year-over-year to reach 39%. The overall company performance reflects this focus, with the Q3 2025 gross margin improving sequentially to 35.8%.

Here's a quick look at the key cost and margin metrics from the third quarter of 2025:

Metric	Amount (Q3 2025)	Context/Comparison
Total Revenues	$27.0 million	Up 7.3% Year-over-Year (YOY)
Gross Profit	$9.7 million	35.8% Gross Margin
Product Revenues	$13.035 million	Down 3.1% YOY
Product Gross Margin	39%	Up approximately 700 basis points YOY
Service Revenues	$11.863 million	Up 35.5% YOY
Reported Operating Expenses	$9.9 million	Compared to $97.3 million in Q3 2024
Adjusted Operating Expenses	$23.6 million	Compared to $27.9 million in Q3 2024 (excluding non-cash charges)
Operating Cash Burn	$2.2 million	87% reduction sequentially

The cost control efforts are clearly driving better unit economics, even if overall revenue growth is slower than some analysts hoped for. You can see the impact in the sequential improvements:

• Annualized operating expense savings achieved: $13 million.
• Sequential reduction in operating expenses (adjusted): 15%.
• Year-over-year reduction in operating expenses (adjusted): 26%.
• Non-recurring operating expenses incurred in Q3 2025: $3.0 million (not expected to reoccur).

Finance: draft 13-week cash view by Friday.

Blink Charging Co. (BLNK) - Canvas Business Model: Revenue Streams

You're looking at how Blink Charging Co. actually brings in the money, which is key to understanding their valuation right now. The revenue mix is definitely shifting, moving away from just selling boxes to making money from the service side. For the third quarter of 2025, the top-line breakdown looked like this, showing a clear pivot to recurring streams.

Revenue Category	Q3 2025 Amount (Millions USD)
Service Revenues	$11.9
Product Revenues	$13.0
Other Revenues	$2.1
Total Revenues	$27.0

Service Revenues, which hit $11.9 million in Q3 2025, are the focus for future stability. This stream includes repeat charging service revenues and, importantly, recurring network fees from host-owned chargers. That service revenue number was up 35.5% year-over-year, showing the utilization of their growing network is paying off. The energy disbursed on Blink networks in that quarter was approximately 49 GWh, which helps drive those service dollars.

Product Revenues, coming in at $13.0 million for the third quarter of 2025, actually saw a slight dip of 3.1% year-over-year. This is intentional, as management has been selective about projects to improve profitability, especially after initiating a transition to contract manufacturing. The product gross margin, however, improved by approximately 700 basis points year-over-year, reaching about 39%, which is what you want to see when product sales are being managed more tightly.

Other Revenues, which totaled $2.1 million in Q3 2025, were down from the prior year's comparable period. This category covers things like grants, rebates, and warranty fees. The decrease was partly due to a change in how warranty sales are recognized after outsourcing the extended warranty program to a third party at the start of the year, so you record only the net revenue now, not the full prior amount.

Looking at the full picture, the Company expects total revenue for the full-year 2025 to land around $113.8 million. That projection reflects the ongoing transformation toward a leaner, service-driven model, even with some project timing shifts noted in Europe for the quarter. It's a clear signal that the focus is on margin quality over sheer volume.

Finance: draft 13-week cash view by Friday.