Key Highlights

  • Blink Charging was trading up 29.16% at USD 0.5271 on Friday, November 6, 2026, a day after reporting third-quarter results on November 5, 2026.
  • Adjusted EBITDA was USD 0.2 million, the first positive quarter, against a loss of USD 7.3 million in the third quarter of 2025.
  • Revenue fell to USD 18.4 million, down 32.0% from USD 27.1 million a year earlier and 15.1% below the second quarter.
  • Full-year 2026 Revenue guidance was lowered to USD 78 million to USD 81 million from USD 83 million to USD 90 million.

Cost Cuts Deliver a First Positive Adjusted EBITDA

Blink Charging (NASDAQ:BLNK) reported third-quarter results on November 5, 2026, and the shares were trading up 29.16% at USD 0.5271 the next day on the screener. The headline for investors was adjusted EBITDA of USD 0.2 million, the first positive quarter, versus a USD 7.3 million loss a year earlier. Non-GAAP operating expenses fell 46% to USD 10.0 million. Non-GAAP gross Margin was 55.0%, while GAAP gross margin was 26.3% after a roughly USD 3 million non-cash inventory adjustment. The chief executive called the EBITDA result a monumental milestone. Gross Profit was USD 4.8 million and the operating loss was USD 6.9 million, so the company remains unprofitable on a GAAP basis even as the adjusted measure turned positive. Adjusted EBITDA strips out items such as non-cash charges, so it is a narrower view than the net loss.

Revenue Falls Short and Guidance Is Cut

Revenue of USD 18.4 million missed the company's own projections, which it attributed to project timing. The net loss widened to USD 6.7 million, or USD 0.05 a share, from USD 0.3 million, although the year-earlier quarter included an USD 11.7 million non-cash Fair Value gain. The company lowered 2026 revenue guidance to USD 78 million to USD 81 million, with gross margin expected near 38% excluding the inventory charge. It expects adjusted EBITDA to stay positive through the fourth quarter and a return to revenue growth in 2027, with 2027 guidance due alongside full-year results. The market appears to be rewarding profitability over sales.

A Sub-USD 1 Share Price Raises the Stakes

Cash was about USD 30.5 million with no debt, down from USD 34.0 million at June 30, 2026, so the Business is no longer burning heavily but is still drawing on its balance. The company also named its chief executive as chairman and appointed a lead independent director. At USD 0.5271, the stock trades below the USD 1.00 level that Nasdaq uses for its minimum bid rule, although no deficiency notice was found in searches. A 29.16% move on a sub-USD 1 share is not news in itself, and small stocks can reverse quickly. Watch whether positive EBITDA repeats and whether revenue stabilizes. The company did not provide 2027 guidance, saying it would come with full-year 2026 results. Until then, investors have only the stated expectation of revenue growth next year, which is a target and not a result.

Where Things Stand

Partly, yes. The first positive adjusted EBITDA is the verified event that coincides with the move, and Blink Charging (NASDAQ:BLNK) rose 29.16% to USD 0.5271 on the screener a day after the report. But revenue fell 32.0%, guidance was cut and the quarter's net loss was USD 6.7 million, so the picture is mixed. Cost discipline is working while sales are not. Next markers are the fourth-quarter result, the 2027 outlook promised with full-year numbers, and any exchange notice tied to the share price. The company also expects revenue to resume growth in 2027, a claim that is yet to be tested.