Blink Charging Co. Segments Disclosure
17. SEGMENT REPORTING
The Chief Executive Officer is the Chief Operating Decision Maker (“CODM”). The CODM organizes the Company, manages resource allocations and measures performance as one operating and reportable segment. The Company manufactures, owns, and operates residential and commercial EV charging solutions, including its Blink Network and EV charging equipment, to support EV drivers at various locations. Furthermore, the Company owns and operates an EV car-sharing program that allows customers to share electric vehicles through subscription services and charge those cars through charging stations.
The CODM is provided with asset information by reportable segment as asset information is provided to the CODM on a consolidated basis. The CODM reviews the following information on a consolidated basis: revenues, cost of revenues, gross profit, compensation expense and operating loss to allocate operating and capital resources and assesses the performance of the Company by comparing actual results to historical results and previously forecasted financial information. Other than certain disaggregated expense information provided in relation to other operating expenses, significant expenses regularly provided to the CODM are presented as shown on the statement of operations. The CODM is also regularly provided with disaggregated expense information for other operating expenses, which is disaggregated between software costs and other expenses as shown in the table below:
| For The Years Ended | ||||||||||||
| December 31, | ||||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| Other operating expenses | ||||||||||||
| Software | $ | 6,266 | $ | 4,947 | $ | 3,343 | ||||||
| Other (1) | 15,089 | 15,444 | 14,482 | |||||||||
| Total other operating expenses | $ | 21,355 | $ | 20,391 | $ | 17,825 | ||||||
| (1) | Includes operating lease expense, issuance expense, office expenses and travel expenses. |
The following table sets forth our long-lived assets by geographic area, which consists of property and equipment, net and operating lease right-of-use assets:
| December 31, | ||||||||
| 2025 | 2024 | |||||||
| United States | $ | 35,296 | $ | 33,745 | ||||
| United Kingdom | 8,754 | 8,935 | ||||||
| International - Other | 4,972 | 3,913 | ||||||
| Total | $ | 49,022 | $ | 46,593 | ||||
The following table summarizes our revenue recognized in the consolidated statements of operations by geographical area:
| For the Years Ended | ||||||||||||
| December 31, | ||||||||||||
| 2025 | 2024 | 2023 | ||||||||||
| Revenues by Geographical Area | ||||||||||||
| U.S.A | $ | 67,653 | $ | 88,189 | $ | 104,714 | ||||||
| International | 35,867 | 35,848 | 35,884 | |||||||||
| Total Revenue | $ | 103,520 | $ | 124,037 | $ | 140,598 | ||||||
For information regarding revenue disaggregated by geography and revenue concentrations, see Note 2 — Summary of Significant Accounting Policies.
For additional information related to goodwill, see Note 6 - Goodwill.
BLINK CHARGING CO.
Notes to Consolidated Financial Statements
(dollars in thousands, except for share and per share amounts)
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 31, 2026 | Showing above |
| 2024 | Apr 9, 2025 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.