Wallbox Announces Third Quarter 2026 Financial Results
Q3 revenue €24.2M, adj. EBITDA €(5.3)M within guide; Q4 revenue guided €29-31M, supply constraints delay €16.9M backlog conversion.
What this release says
Wallbox reported third quarter 2026 revenue of €24.2 million, with adjusted EBITDA of €(5.3) million that landed within its guidance. Order backlog grew to €16.9 million, but supply chain constraints are limiting how quickly orders convert into revenue. The company expects fourth quarter revenue of €29 million to €31 million and a negative adjusted EBITDA between €(5.5) million and €(3.5) million, and it has secured €4 million of extra funding from a convertible loan from existing shareholders.
Key figures
- Q3 2026 revenue
- €24.2 million
- Q3 2026 gross margin
- 36.5%
- Q3 2026 adjusted EBITDA
- €(5.3) million
- Order backlog at end of September
- €16.9 million
- Q4 2026 revenue outlook
- €29 million to €31 million
- Additional funding from shareholders
- €4 million
Positive for shareholders
- Adjusted EBITDA improved 24% year-over-year and 32% compared to the prior quarter.
- Labor costs and operating expenses fell 34% year-over-year.
- Order backlog kept growing, pointing to customer demand once supply eases.
Negative for shareholders
- Supply chain constraints are keeping orders from turning into revenue on schedule.
- The company is still loss-making at the adjusted EBITDA level and expects a loss again in the fourth quarter.
- The €4 million convertible loan from existing shareholders adds financing that may dilute holders if converted.
Written by Quantisnow AI from this release. Not financial advice.
Key terms
- Adjusted EBITDA:
- A non-IFRS profit measure that starts from earnings before interest, taxes, depreciation and amortization, then removes certain non-cash and one-time items.
- Gross Margin:
- Revenue minus the cost of inventory and materials used, shown as a percentage of revenue.
- Convertible loan:
- A loan that can be converted into company shares under agreed terms, instead of being repaid in cash.
- Order backlog:
- The value of customer orders received but not yet delivered and recognized as revenue.
FAQ
How did Wallbox perform in the third quarter of 2026?
Wallbox generated €24.2 million of revenue and an adjusted EBITDA loss of €(5.3) million, which the company said landed within its guidance.
What does Wallbox expect for the fourth quarter of 2026?
Wallbox expects revenue of €29 million to €31 million, gross margin of 36% to 38%, and a negative adjusted EBITDA between €(5.5) million and €(3.5) million.
Why hasn't Wallbox's growing backlog shown up in revenue yet?
According to the CEO, supply chain constraints continue to limit Wallbox's ability to convert orders into deliveries on schedule, and the company expects to resolve these during the next quarters.
Historical context for WBX
Across the 28 sessions after earlier WBX headlines, the stock closed higher 11 times and lower 16 times, with a median move of 2.5% in either direction. This shows timing only: many things move a stock in a session, and these figures do not show that any headline caused a move.
| Session | Earlier headline | WBX | SPY |
|---|---|---|---|
| Oct 15, 2026 | Wallbox and EDP électrique deploy EV charging infrastructure at Montréal Metropolitan Airport | +0.0% | +0.3% |
| Oct 8, 2026 | Wallbox launches new Pulsar Max, bringing enhanced connectivity and future-ready chargingand 1 other headline that session | +1.5% | -0.4% |
| Oct 1, 2026 | Wallbox and Enode Partner to Expand Smart Charging Connectivity | -5.1% | +0.2% |
| Jul 30, 2026 | Wallbox Announces Second Quarter 2026 Financial Results | +0.9% | +1.7% |
| Jul 15, 2026 | Wallbox and Turning Point Energy Surpass 10,000 EV Chargers Deployed Across Saudi Arabia | -1.1% | +0.4% |
| Jul 7, 2026 | Wallbox Announces Timing of its Second Quarter 2026 Financial Resultsand 1 other headline that session | -4.3% | -0.5% |
- Market cap
- 30-day
- Sector
- Consumer Discretionary
- Industry
- Industrial Specialties
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