NYSE$WBX

Wallbox Nv · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Wallbox Q2 revenue €38.3M with 37.8% gross margin; adjusted EBITDA loss narrows to €7.5M

Wallbox N.V. reported Q2 2025 revenue of €38.3 million, within guidance and up from €37.6 million in Q1 2025, while down from €48.8 million in Q2 2024. Gross margin was 37.8% and gross profit €14.5 million. The company posted a Q2 net loss of €16.1 million and adjusted EBITDA of negative €7.5 million, a 33% improvement year over year. North American AC sales grew 21% quarter over quarter and Wallbox sold 140 Supernova DC units (+33% vs Q1). Cash, cash equivalents, and financial investments totaled €32.4 million at June 30, 2025. Management installed its first Quasar 2 bidirectional chargers in California, raised about $15 million via private placements, and guided Q3 2025 revenue of €38–41 million with adjusted EBITDA of negative €4–6 million.

  • Q2 revenue €38.3M; gross margin 37.8%; Q2 net loss €16.1M; adjusted EBITDA -€7.5M (+33% YoY)
  • North American AC sales +21% QoQ; 140 Supernova DC units sold (+33% vs Q1)
  • First Quasar 2 bidirectional chargers installed in California during the quarter
  • Raised ~$15M via private placements including Spanish SETT participation
  • Q3 guidance: revenue €38–41M, gross margin 37–39%, adjusted EBITDA -€4M to -€6M

Headline financials

Total Revenue

€38.3M

Previous: €49.2M-22.2%
Gross margin

37.8%

No prior period
Adjusted EBITDA

-€7.51M

No prior period
Supernova DC units sold

140

No prior period
Net Income

-€16.1M

No prior period
Operating Income

-€13.2M

No prior period
Gross Profit

€14.5M

No prior period
Cash & Equivalents

€32.4M

No prior period

Revenue & EPS history

Wallbox · Revenue · Quarterly

€38.3M

Q2 2025-22.2%vs Q2 2024
Beat estimate in 7 of 11 quarters(64%)
ActualEstimate

Forward guidance

For Q3 2025 Wallbox expects revenue of €38–41 million, gross margin of 37–39%, and adjusted EBITDA between negative €4 million and negative €6 million.

Tailwinds

  • Improving European EV market and expanded commercial partnerships
  • Target adjusted EBITDA breakeven in the near term

Headwinds

  • Macro conditions remain complex across global EV markets

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 16 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

-2.3%

Avg return

Earnings day

-1.8%

Avg return

5 days after

-4.1%

Avg return

30 days after

31%

5 / 16 earnings

Positive

+15.4%

Q1 2023

Best reaction

-18.1%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2025+2.6%-3.1%+5.2%
Q2 2025-4.3%-14.5%-25.6%
Q4 2024-2.7%-23.6%-34.9%
Q2 2024-8.6%-15.3%-16.0%
Q1 2024-4.7%-1.3%-5.4%
Q4 2023-2.5%-12.6%-10.7%
Q3 2023+4.5%+15.2%+42.4%
Q2 2023-16.8%-18.8%-22.4%
Q1 2023+15.4%+28.2%+18.8%
Q4 2022+1.2%+1.2%-13.8%
Q3 2022-7.9%+5.4%-28.7%
Q2 2022+12.0%+18.6%+3.0%
Q1 2022-4.8%-6.8%-17.2%
Q4 2021-1.2%+4.0%-19.4%
Q3 2021-18.1%-4.6%+58.9%
Q2 2021-0.1%-0.1%-0.6%
Q1 2021
Q4 2020
Q3 2020
Q2 2020
Q1 2020
Q4 2019
Q3 2019
Q2 2019
Q1 2019

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