Wallbox Q2 2026 revenue misses as vendor negotiations constrain shipments, backlog builds to EUR 12 million

Gross margin was about 38%, up 70 basis points sequentially; management pointed to product mix and cost discipline despite lower volumes.

Adjusted EBITDA loss widened to €7.8 million from €6 million, attributed to weaker operating leverage on revenue rather than unit economics.

Cash and equivalents rose to about €25.1 million from €7.6 million, helped by equity funding and €10.5 million in Canada clean fuel credit proceeds.

Wallbox posted Q2 2026 revenue of €23.9 million, down 19% sequentially, citing shipment constraints during final vendor negotiations in its restructuring.

Order intake rose 11% sequentially, outpacing invoicing and lifting backlog to nearly €12 million; management framed this as timing, not weaker demand.