Wallbox Posts 2025 Losses as It Extends Standstill and Advances Capital Restructuring

Wallbox ( (WBX) ) has issued an announcement.

On March 4, 2026, Wallbox reported full-year 2025 revenue of €145.1 million with a gross margin of 38.3%, an operating loss of €99.3 million and sales of roughly 144,000 AC and 530 DC charging units, while cutting labor and other operating costs by 25%. The company expanded its portfolio with the Supernova PowerRing and the commercial rollout of Quasar 2, raised about $25 million in equity, but ended the year with just €9.6 million in cash against roughly €165 million in loans, underscoring liquidity pressure despite improving margins and Adjusted EBITDA.

For the fourth quarter of 2025, Wallbox generated €33.7 million in revenue, a 37.3% gross margin and a €43.9 million operating loss, with AC chargers contributing 69% of sales and Europe accounting for 73% of revenue. In parallel, the group is negotiating a renewed capital structure with lenders and major shareholders, has obtained a Spanish court-approved extension of its restructuring negotiation period by up to three months and extended a standstill agreement with key banks to March 31, 2026, steps intended to stabilize its balance sheet and support a path toward sustainable growth.

Wallbox also issued a first-quarter 2026 outlook, guiding to revenue between €33 million and €36 million, gross margin of 38% to 40% and a negative Adjusted EBITDA of €3 million to €5 million, implying continued operational improvements but ongoing losses. Management described 2025 as a year of disciplined transformation in a volatile EV market, emphasizing cost cuts, working capital optimization and a stronger product lineup as foundations for future growth and a move toward profitability, contingent on successful execution of its restructuring plan.

The most recent analyst rating on (WBX) stock is a Hold with a $2.50 price target. To see the full list of analyst forecasts on Wallbox stock, see the WBX Stock Forecast page.

Spark’s Take on WBX Stock

According to Spark, TipRanks’ AI Analyst, WBX is a Neutral.

The score is primarily constrained by weak financial performance (continued losses, negative free cash flow, and high leverage with declining equity). Technicals also remain broadly bearish (below key longer-term moving averages with negative MACD). Earnings-call execution showed some improvement in margins and cost control, but revenue weakness and debt-related risk keep the outlook pressured, while valuation is also limited by unprofitability and no dividend support.

To see Spark’s full report on WBX stock, click here.

More about Wallbox

Wallbox N.V., based in Barcelona, is a global provider of electric vehicle charging and energy management solutions, selling AC and DC chargers along with related software and services to retail, distributor, reseller and installer customers. The company focuses on both home and public charging markets, with Europe as its main revenue base and North America as a growing contributor to its sales mix.

Average Trading Volume: 24,180

Technical Sentiment Signal: Sell

Current Market Cap: $43.45M

For an in-depth examination of WBX stock, go to TipRanks’ Overview page.