Wallbox Narrows Q1 Adjusted EBITDA Loss 23% to €6M on €29.7M Revenue
Wallbox reported Q1 2026 revenue of €29.7 million and a 37.3% gross margin while narrowing its adjusted EBITDA loss by 23% to €6.0 million. The company cut labor costs 31% year-over-year, reduced inventory 15% quarter-on-quarter and secured €11 million in interim financing alongside a restructuring plan.
1. Q1 Financial Performance
Wallbox generated €29.7 million in revenue during Q1 2026 with a gross margin of 37.3% and reduced its adjusted EBITDA loss to €6.0 million, marking a 23% improvement versus Q1 2025.
2. Operational Efficiency Measures
Operational efficiency initiatives drove a 31% year-over-year reduction in labor costs and operating expenses, while inventory levels fell 15% quarter-on-quarter, contributing to improved cash flow and cost structure.
3. Restructuring and Outlook
The company secured €11 million in interim financing and signed a comprehensive restructuring plan to bolster its financial visibility and fund growth, and it forecasts Q2 revenue between €33 million and €36 million with gross margins of 38-40%.