Blink Charging’s shares jumped 13.1% following Q1 results that showed encouraging margin expansion and 25% growth in recurring service revenues, signaling investor confidence in the company's path to profitability and the accelerating build-out of its DC fast charging infrastructure.

• Total revenue was flat year-over-year at $20.8 million, reflecting typical Q1 seasonality and ongoing business stabilization.
• Recurring service revenue, the core profit engine, grew 25% to $13.3 million, driving higher-quality, more predictable revenue streams.
• Non-GAAP gross margin expanded to 42.4%, over 200 basis points higher than Q1 2025, reflecting effective pricing, cost control, and operational leverage.
• The near-term build-out plan includes 27 sites with 136 stalls; 3 sites (11 stalls) are under construction and another 125 stalls have approvals and deployment underway.
• The company is targeting growth through integration with OEMs, multi-vertical channel sales, and emerging opportunities in energy management and vehicle-grid services.