Wallbox Reports Q3 Revenue of €24.2 Million, Issues Q4 Guidance
Wallbox reported adjusted EBITDA of €(5.3) million, within guidance and 24% better year over year. Gross margin was 36.5%. For Q4 2026, it expects revenue of €29 million to €31 million, gross margin of 36% to 38%, and adjusted EBITDA of €(5.5) million to €(3.5) million.
Wallbox N.V. announced its financial results for the third quarter ended September 30, 2026, reporting revenue of €24.2 million. The company achieved an adjusted EBITDA of €(5.3) million, which it noted was within its guidance and represented a 24% year-over-year improvement. Gross margin for the quarter was 36.5%, impacted by product mix.
The company also reported a 34% year-over-year reduction in labor costs and operating expenses due to improved operational efficiency. Additionally, Wallbox provided fourth-quarter 2026 guidance, expecting revenue between €29 million and €31 million, gross margin between 36% and 38%, and a negative adjusted EBITDA between €(5.5) million and €(3.5) million.