Blink Charging vs Orion Energy Systems
Blink Charging is the larger business, with $104m of revenue in fiscal 2025 against $86.3m for Orion Energy Systems (1.2 times as much). Orion Energy Systems grew faster (8.3% against -18.0%). Orion Energy Systems kept more of each dollar of sales as profit: a net margin of -3.7% against -80.5%.
| Latest fiscal year | Blink ChargingBLNK, 2025 | Orion Energy SystemsOESX, 2026 |
|---|---|---|
| Revenue | $104m | $86.3m |
| Revenue growth | -18.0% | 8.3% |
| Net income | −$83.4m | −$3.2m |
| Operating margin | — | -1.9% |
| Net margin | -80.5% | -3.7% |
| Return on equity | -91.0% | -22.2% |
| Free cash flow | −$40.6m | −$1.2m |
| Cash | $39.6m | $3.3m |
| Total debt | $265,000 | $6.0m |
| Debt to equity | — | 35.9% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 174 |
| Market value | $61.8m | $84.3m |
| Price vs our value range | — | — |
| Moat score | 14 (Weak) | 32 (Weak) |
| Insider trades, 12 months | 3 buys, 0 sales | 5 buys, 0 sales |