Blink Charging appoints Michael Battaglia as Chairman

Item

2.02. Results of Operations and Financial Condition.

Blink

Charging Co. (Nasdaq: BLNK) (the "Company"), a leading owner and operator of electric vehicle (EV) charging equipment and services, today announced its financial results for the third quarter ended September 30, 2026 and updated its guidance for the fourth quarter and full-year 2026.

A copy of the press release is furnished with this report as Exhibit 99.1.¹ Such information, including the Exhibit attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as shall be expressly set forth by specific reference in such filing.

Item

8.01. Other Events.

On

November 3, 2026, the Board of Directors (the "Board") of the Company appointed Michael Battaglia, the Company's Chief

Executive Officer and a member of the Board, to serve as Chairman of the Board, effective immediately. Mr. Battaglia succeeds Ritsaart van Montfrans, who has served as Chairman of the Board since June 2023. Mr. Battaglia will continue to serve as the Company's Chief

Executive Officer and, in connection with his appointment as Chairman, will no longer hold the title of President.

Mr.⁸

van Montfrans will continue to serve as a member of the Board and has been appointed by the Board to serve as Lead Independent Director, effective immediately⁸. As Lead Independent Director, Mr. van Montfrans will, among other things, preside over executive sessions of the independent directors and serve as a liaison between the independent directors and the Chairman and Chief Executive Officer.

The

Board believes that combining the roles of Chairman and Chief Executive Officer under Mr. Battaglia provides unified leadership and clear accountability for the execution of the Company's strategy, while the Lead Independent Director role maintains strong independent oversight of management.

Mr.

Battaglia will not receive separate compensation for his service as Chairman as only non-employee directors receive director compensation under the Company's Board compensation plan, as modified most recently in May 2024. Mr. van Montfrans will continue to receive the same director compensation as the Board compensation plan provides for the same supplemental annual cash retainer in the amount of $30,000 for the positions of Chairman or lead independent director.

Item

9.01. Financial Statements and Exhibits.

(d)

Exhibits. The exhibit listed in the following Exhibit Index is filed as part of this current report.

Exhibit

No.

Description

99.1

Press Release issued by Blink Charging Co. on November 5, 2026.

104

Cover

Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

BLINK

CHARGING CO.

Dated:

November 5, 2026

By:

/s/

Michael Bercovich

Name:

Michael

Bercovich

Title:

Chief

Financial Officer

BLINK

CHARGING ANNOUNCES THIRD QUARTER 2026 FINANCIAL RESULTS

● Q3

Revenue of $18.4 million, reflecting continued portfolio rationalization and timing of project deliveries.

● GAAP³

operating loss of $6.9 million, compared with $6.2 million in the prior quarter³.

● Gross⁴

Margin of 26.3%, driven by non-cash inventory charge⁴; Non-GAAP gross margin of 55.0%, an expansion of over 1,400 basis points year-over-year⁵.

● Achieved first-ever positive quarterly Adjusted EBITDA of $0.2 million², one quarter ahead of target,

● Non-GAAP operating expenses decreased 46% year-over-year to $10.0 million, reflecting continued cost discipline and operating efficiencies.

● Expanded

EnergyConnect TM deployment to 52 Blink-owned sites; initial reduction of 21% in demand fees across high-capacity sites.

● Ended the quarter with approximately $30.5 million in cash and cash equivalents and no debt.

● Mike

Battaglia appointed Chairman of the Board, while continuing as CEO, strengthening strategic alignment and leadership continuity as Blink Energy enters its next phase of growth.

Henderson,

NV. - November 5, 2026 - Blink Charging Co . (NASDAQ: BLNK) ("Blink" or the "Company"), a leading global owner, operator, and provider of electric vehicle (EV) charging equipment and energy management solutions, today announced financial results for the third quarter ended September 30, 2026.

The following top-line highlights are in thousands of dollars:

Three

Months Ended

(Sequential)

Three

Months Ended

(YoY)

September

30, 2026

June

30, 2026

%

Change

September

30, 2026

September

30, 2025

%

Change

Product Revenues

$ 6,413

$ 7,439

(13.8 )%

$ 6,413

$ 13,035

(50.8 )%

Service Revenues (1)

10,035

11,484

(12.6 )%

10,035

10,782

(6.9 )%

Other Revenues (2)

1,949

1,928

1.1 %

1,949

2,007

(2.9 )%

Car-Sharing Revenues (3)

-

823

(100.0 )%

-

1,231

(100.0 )%

Total

Revenues

$ 18,397

$ 21,674

(15.1 )%

$ 18,397

$ 27,055

(32.0 )%

(1) Service

Revenues consist of repeatable charging service revenues and recurring network fees

(2) Other

Revenues consist of warranty fees, grants and rebates, and other revenues

(3) Car-sharing

Revenues have been divested after the sale of Envoy Technologies on June 5, 2026

"Achieving positive adjusted EBITDA a quarter ahead of our target is a monumental milestone and it reflects the discipline we have built across

Blink over the past eighteen months. As we become Blink Energy, we see exciting opportunities to manage energy more intelligently across our charging network, which benefits Blink, electricity grid resources, our hosts and our drivers. We intend to build on this momentum and continue our trajectory of positive adjusted EBITDA. We are also bringing the same level of focus, discipline, and accountability to accelerate revenue growth in 2027," said Mike Battaglia, Chairman and CEO of Blink Charging.

Michael

Bercovich, Chief Financial Officer of Blink Charging, added: "Delivering positive adjusted EBITDA of $0.2 million in the third quarter, compared with a $(7.3) million loss a year ago, represents a historical milestone in our financial transformation and reflects continued progress toward sustainable profitability. Our quarterly non-GAAP operating expenses declined 46% year-over-year, and that cost discipline and quality of revenue focus allowed us to generate positive adjusted EBITDA. We expect to maintain positive adjusted

EBITDA through the fourth quarter of 2026.

We ended the quarter with approximately $30.5 million in cash and cash equivalents and no debt⁷, giving us the flexibility to keep investing selectively in high-quality opportunities."

THIRD

QUARTER 2026 FINANCIAL HIGHLIGHTS

Revenues

Total revenue for the third quarter was approximately $18.4 million, a 15.1% sequential decrease from $21.7 million in the second quarter of 2026⁶ and a 32.0% decrease from $27.1 million in the third quarter of 2025. Revenue came in below Blink's internal projections, primarily reflecting the timing of certain customer projects that were not completed and recognized during the quarter. Blink expects these projects to be delivered in the fourth quarter of 2026, subject to customer schedules and project execution.

Product revenues were $6.4 million in the third quarter, a decrease of 51% year-over-year, and representing approximately 35% of total revenue.

Service revenue was approximately $10.0 million, compared with $10.8 million in the third quarter of 2025, a 6.9% year-over-year decrease, entirely driven by deliberate non-renewal of a large contract in Europe. Network fee revenue, a recurring component of service revenue, increased 6.3% year-over-year to approximately $2.9 million. Charging service revenue decreased 11.5% year-over-year, reflecting Blink's continued focus on contracts with attractive margin profiles as described above.

Blink continues to make progress towards its long-term objective of generating approximately 80% of revenues from recurring and repeatable revenue streams, which represented approximately 55% of total revenue in the third quarter.

Other revenues, including warranty fees, grants and rebates, and other revenues, were approximately $1.9 million, up 1.1% sequentially.

Car-sharing revenues were zero in the third quarter, following the divestiture of Envoy Technologies on June 5, 2026, compared with $1.2 million in the pr