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Side-by-side financial comparison of Blink Charging Co. (BLNK) and Electrovaya Inc. (ELVA). Click either name above to swap in a different company.
Blink Charging Co. is the larger business by last-quarter revenue ($27.0M vs $17.1M, roughly 1.6× Electrovaya Inc.). Electrovaya Inc. runs the higher net margin — 5.3% vs -113.3%, a 118.6% gap on every dollar of revenue.
Blink Charging Co. is an American electric vehicle charging network operator headquartered in Bowie, Maryland. One of the top three EV charging networks in the United States, it has over 90,000 chargers globally in 25 countries.
Electrovaya Inc. is a developer and manufacturer of Lithium-ion batteries and battery systems for the automotive, warehousing, autonomous guided vehicles, and energy storage applications. The company has operations in NY State and based in Ontario, Canada.
BLNK vs ELVA — Head-to-Head
Income Statement — Q4 2025 vs Q3 2025
| Metric | ||
|---|---|---|
| Revenue | $27.0M | $17.1M |
| Net Profit | $-30.6M | $907.0K |
| Gross Margin | 15.8% | 30.8% |
| Operating Margin | -120.9% | — |
| Net Margin | -113.3% | 5.3% |
| Revenue YoY | -3.5% | — |
| Net Profit YoY | 60.1% | — |
| EPS (diluted) | $-0.27 | $0.02 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $27.0M | — | ||
| Q3 25 | $27.1M | — | ||
| Q2 25 | $28.7M | $17.1M | ||
| Q1 25 | $20.7M | — | ||
| Q4 24 | $28.0M | — | ||
| Q3 24 | $25.2M | — | ||
| Q2 24 | $33.3M | — | ||
| Q1 24 | $37.6M | — |
| Q4 25 | $-30.6M | — | ||
| Q3 25 | $-86.0K | — | ||
| Q2 25 | $-32.0M | $907.0K | ||
| Q1 25 | $-20.7M | — | ||
| Q4 24 | $-76.7M | — | ||
| Q3 24 | $-87.4M | — | ||
| Q2 24 | $-20.1M | — | ||
| Q1 24 | $-17.2M | — |
| Q4 25 | 15.8% | — | ||
| Q3 25 | 34.5% | — | ||
| Q2 25 | 16.8% | 30.8% | ||
| Q1 25 | 34.1% | — | ||
| Q4 24 | 15.7% | — | ||
| Q3 24 | 36.2% | — | ||
| Q2 24 | 32.2% | — | ||
| Q1 24 | 35.7% | — |
| Q4 25 | -120.9% | — | ||
| Q3 25 | -1.7% | — | ||
| Q2 25 | -103.0% | — | ||
| Q1 25 | -103.2% | — | ||
| Q4 24 | -274.2% | — | ||
| Q3 24 | -350.3% | — | ||
| Q2 24 | -62.1% | — | ||
| Q1 24 | -46.5% | — |
| Q4 25 | -113.3% | — | ||
| Q3 25 | -0.3% | — | ||
| Q2 25 | -111.3% | 5.3% | ||
| Q1 25 | -99.9% | — | ||
| Q4 24 | -273.7% | — | ||
| Q3 24 | -347.0% | — | ||
| Q2 24 | -60.3% | — | ||
| Q1 24 | -45.7% | — |
| Q4 25 | $-0.27 | — | ||
| Q3 25 | $0.00 | — | ||
| Q2 25 | $-0.28 | $0.02 | ||
| Q1 25 | $-0.21 | — | ||
| Q4 24 | $-0.77 | — | ||
| Q3 24 | $-0.86 | — | ||
| Q2 24 | $-0.20 | — | ||
| Q1 24 | $-0.17 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $39.6M | $1.3M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $64.5M | $22.3M |
| Total Assets | $147.5M | $53.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $39.6M | — | ||
| Q3 25 | $23.1M | — | ||
| Q2 25 | $25.3M | $1.3M | ||
| Q1 25 | $42.0M | — | ||
| Q4 24 | $55.4M | — | ||
| Q3 24 | $64.6M | — | ||
| Q2 24 | $73.9M | — | ||
| Q1 24 | $93.5M | — |
| Q4 25 | $64.5M | — | ||
| Q3 25 | $90.8M | — | ||
| Q2 25 | $70.8M | $22.3M | ||
| Q1 25 | $102.6M | — | ||
| Q4 24 | $115.5M | — | ||
| Q3 24 | $194.5M | — | ||
| Q2 24 | $278.4M | — | ||
| Q1 24 | $296.7M | — |
| Q4 25 | $147.5M | — | ||
| Q3 25 | $171.3M | — | ||
| Q2 25 | $168.4M | $53.9M | ||
| Q1 25 | $199.1M | — | ||
| Q4 24 | $215.0M | — | ||
| Q3 24 | $303.0M | — | ||
| Q2 24 | $380.3M | — | ||
| Q1 24 | $404.5M | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $683.0K | $-7.3M |
| Free Cash FlowOCF − Capex | — | $-9.7M |
| FCF MarginFCF / Revenue | — | -56.8% |
| Capex IntensityCapex / Revenue | — | 14.1% |
| Cash ConversionOCF / Net Profit | — | -8.06× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $683.0K | — | ||
| Q3 25 | $-3.0M | — | ||
| Q2 25 | $-16.7M | $-7.3M | ||
| Q1 25 | $-11.9M | — | ||
| Q4 24 | $-13.5M | — | ||
| Q3 24 | $-9.1M | — | ||
| Q2 24 | $-4.3M | — | ||
| Q1 24 | $-21.5M | — |
| Q4 25 | — | — | ||
| Q3 25 | $-4.9M | — | ||
| Q2 25 | — | $-9.7M | ||
| Q1 25 | $-14.2M | — | ||
| Q4 24 | $-14.4M | — | ||
| Q3 24 | $-10.1M | — | ||
| Q2 24 | $-10.0M | — | ||
| Q1 24 | $-24.3M | — |
| Q4 25 | — | — | ||
| Q3 25 | -18.0% | — | ||
| Q2 25 | — | -56.8% | ||
| Q1 25 | -68.6% | — | ||
| Q4 24 | -51.5% | — | ||
| Q3 24 | -40.1% | — | ||
| Q2 24 | -30.1% | — | ||
| Q1 24 | -64.7% | — |
| Q4 25 | — | — | ||
| Q3 25 | 6.9% | — | ||
| Q2 25 | — | 14.1% | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 3.4% | — | ||
| Q3 24 | 3.9% | — | ||
| Q2 24 | 17.3% | — | ||
| Q1 24 | 7.5% | — |
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | -8.06× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BLNK
| Products | $11.0M | 41% |
| Host Provider Fees | $5.9M | 22% |
| Network | $3.7M | 14% |
| Transferred Over Time | $3.2M | 12% |
| Network Fees And Warranty Contracts | $1.6M | 6% |
| Car Sharing Services | $1.3M | 5% |
| Depreciation And Amortization | $234.0K | 1% |
ELVA
Segment breakdown not available.