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Side-by-side financial comparison of Blink Charging Co. (BLNK) and Xtant Medical Holdings, Inc. (XTNT). Click either name above to swap in a different company.

Xtant Medical Holdings, Inc. is the larger business by last-quarter revenue ($32.4M vs $27.0M, roughly 1.2× Blink Charging Co.). Xtant Medical Holdings, Inc. runs the higher net margin — 0.2% vs -113.3%, a 113.5% gap on every dollar of revenue. On growth, Xtant Medical Holdings, Inc. posted the faster year-over-year revenue change (2.7% vs -3.5%). Over the past eight quarters, Xtant Medical Holdings, Inc.'s revenue compounded faster (7.7% CAGR vs -15.2%).

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.

Xtant Medical Holdings, Inc. is a global medical technology company that develops, manufactures and markets orthobiologic products, neurosurgery devices, and regenerative medicine solutions for orthopedic and neurological care providers. It serves patients and medical institutions across North America, Europe and the Asia-Pacific, with core segments covering spinal surgery supplies and bone regeneration products.

BLNK vs XTNT — Head-to-Head

Bigger by revenue
XTNT
XTNT
1.2× larger
XTNT
$32.4M
$27.0M
BLNK
Growing faster (revenue YoY)
XTNT
XTNT
+6.2% gap
XTNT
2.7%
-3.5%
BLNK
Higher net margin
XTNT
XTNT
113.5% more per $
XTNT
0.2%
-113.3%
BLNK
Faster 2-yr revenue CAGR
XTNT
XTNT
Annualised
XTNT
7.7%
-15.2%
BLNK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BLNK
BLNK
XTNT
XTNT
Revenue
$27.0M
$32.4M
Net Profit
$-30.6M
$57.0K
Gross Margin
15.8%
54.9%
Operating Margin
-120.9%
-2.9%
Net Margin
-113.3%
0.2%
Revenue YoY
-3.5%
2.7%
Net Profit YoY
60.1%
101.8%
EPS (diluted)
$-0.27
$0.00

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.

Revenue
BLNK
BLNK
XTNT
XTNT
Q4 25
$27.0M
$32.4M
Q3 25
$27.1M
$33.3M
Q2 25
$28.7M
$35.4M
Q1 25
$20.7M
$32.9M
Q4 24
$28.0M
$31.5M
Q3 24
$25.2M
$27.9M
Q2 24
$33.3M
$29.9M
Q1 24
$37.6M
$27.9M
Net Profit
BLNK
BLNK
XTNT
XTNT
Q4 25
$-30.6M
$57.0K
Q3 25
$-86.0K
$1.3M
Q2 25
$-32.0M
$3.5M
Q1 25
$-20.7M
$58.0K
Q4 24
$-76.7M
$-3.2M
Q3 24
$-87.4M
$-5.0M
Q2 24
$-20.1M
$-3.9M
Q1 24
$-17.2M
$-4.4M
Gross Margin
BLNK
BLNK
XTNT
XTNT
Q4 25
15.8%
54.9%
Q3 25
34.5%
66.1%
Q2 25
16.8%
68.6%
Q1 25
34.1%
61.5%
Q4 24
15.7%
50.9%
Q3 24
36.2%
58.4%
Q2 24
32.2%
62.1%
Q1 24
35.7%
62.1%
Operating Margin
BLNK
BLNK
XTNT
XTNT
Q4 25
-120.9%
-2.9%
Q3 25
-1.7%
7.6%
Q2 25
-103.0%
13.1%
Q1 25
-103.2%
3.2%
Q4 24
-274.2%
-6.0%
Q3 24
-350.3%
-13.5%
Q2 24
-62.1%
-9.8%
Q1 24
-46.5%
-12.4%
Net Margin
BLNK
BLNK
XTNT
XTNT
Q4 25
-113.3%
0.2%
Q3 25
-0.3%
3.9%
Q2 25
-111.3%
10.0%
Q1 25
-99.9%
0.2%
Q4 24
-273.7%
-10.0%
Q3 24
-347.0%
-18.0%
Q2 24
-60.3%
-12.9%
Q1 24
-45.7%
-15.8%
EPS (diluted)
BLNK
BLNK
XTNT
XTNT
Q4 25
$-0.27
$0.00
Q3 25
$0.00
$0.01
Q2 25
$-0.28
$0.02
Q1 25
$-0.21
$0.00
Q4 24
$-0.77
$-0.02
Q3 24
$-0.86
$-0.04
Q2 24
$-0.20
$-0.03
Q1 24
$-0.17
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BLNK
BLNK
XTNT
XTNT
Cash + ST InvestmentsLiquidity on hand
$39.6M
$17.1M
Total DebtLower is stronger
$11.0M
Stockholders' EquityBook value
$64.5M
$51.0M
Total Assets
$147.5M
$94.1M
Debt / EquityLower = less leverage
0.22×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLNK
BLNK
XTNT
XTNT
Q4 25
$39.6M
$17.1M
Q3 25
$23.1M
$10.4M
Q2 25
$25.3M
$6.9M
Q1 25
$42.0M
$5.0M
Q4 24
$55.4M
$6.2M
Q3 24
$64.6M
$6.6M
Q2 24
$73.9M
$5.4M
Q1 24
$93.5M
$4.5M
Total Debt
BLNK
BLNK
XTNT
XTNT
Q4 25
$11.0M
Q3 25
$17.4M
Q2 25
$22.3M
Q1 25
$22.2M
Q4 24
$22.0M
Q3 24
$19.1M
Q2 24
$21.8M
Q1 24
$16.8M
Stockholders' Equity
BLNK
BLNK
XTNT
XTNT
Q4 25
$64.5M
$51.0M
Q3 25
$90.8M
$50.4M
Q2 25
$70.8M
$48.5M
Q1 25
$102.6M
$43.9M
Q4 24
$115.5M
$43.0M
Q3 24
$194.5M
$45.7M
Q2 24
$278.4M
$45.0M
Q1 24
$296.7M
$47.7M
Total Assets
BLNK
BLNK
XTNT
XTNT
Q4 25
$147.5M
$94.1M
Q3 25
$171.3M
$106.3M
Q2 25
$168.4M
$103.5M
Q1 25
$199.1M
$95.8M
Q4 24
$215.0M
$93.8M
Q3 24
$303.0M
$98.9M
Q2 24
$380.3M
$95.6M
Q1 24
$404.5M
$93.9M
Debt / Equity
BLNK
BLNK
XTNT
XTNT
Q4 25
0.22×
Q3 25
0.35×
Q2 25
0.46×
Q1 25
0.51×
Q4 24
0.51×
Q3 24
0.42×
Q2 24
0.48×
Q1 24
0.35×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BLNK
BLNK
XTNT
XTNT
Operating Cash FlowLast quarter
$683.0K
$5.4M
Free Cash FlowOCF − Capex
$5.0M
FCF MarginFCF / Revenue
15.4%
Capex IntensityCapex / Revenue
1.2%
Cash ConversionOCF / Net Profit
94.39×
TTM Free Cash FlowTrailing 4 quarters
$10.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLNK
BLNK
XTNT
XTNT
Q4 25
$683.0K
$5.4M
Q3 25
$-3.0M
$4.6M
Q2 25
$-16.7M
$1.3M
Q1 25
$-11.9M
$1.3M
Q4 24
$-13.5M
$665.0K
Q3 24
$-9.1M
$-1.7M
Q2 24
$-4.3M
$-5.1M
Q1 24
$-21.5M
$-5.8M
Free Cash Flow
BLNK
BLNK
XTNT
XTNT
Q4 25
$5.0M
Q3 25
$-4.9M
$4.2M
Q2 25
$910.0K
Q1 25
$-14.2M
$87.0K
Q4 24
$-14.4M
$-7.0K
Q3 24
$-10.1M
$-3.8M
Q2 24
$-10.0M
$-5.7M
Q1 24
$-24.3M
$-6.5M
FCF Margin
BLNK
BLNK
XTNT
XTNT
Q4 25
15.4%
Q3 25
-18.0%
12.6%
Q2 25
2.6%
Q1 25
-68.6%
0.3%
Q4 24
-51.5%
-0.0%
Q3 24
-40.1%
-13.7%
Q2 24
-30.1%
-18.9%
Q1 24
-64.7%
-23.4%
Capex Intensity
BLNK
BLNK
XTNT
XTNT
Q4 25
1.2%
Q3 25
6.9%
1.3%
Q2 25
1.0%
Q1 25
11.4%
3.6%
Q4 24
3.4%
2.1%
Q3 24
3.9%
7.5%
Q2 24
17.3%
1.9%
Q1 24
7.5%
2.8%
Cash Conversion
BLNK
BLNK
XTNT
XTNT
Q4 25
94.39×
Q3 25
3.53×
Q2 25
0.36×
Q1 25
22.03×
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
BLNK

Products$11.0M41%
Host Provider Fees$5.9M22%
Network$3.7M14%
Transferred Over Time$3.2M12%
Network Fees And Warranty Contracts$1.6M6%
Car Sharing Services$1.3M5%

XTNT
XTNT

Orthobiologics$18.3M57%
Spinal Implant$9.4M29%
License Revenue$4.6M14%

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