Wallbox Q1 Sales $34.749M

Benzinga

05/06

Wallbox (NYSE:WBX) reported $34.749 million in sales this quarter.

First Quarter 2026 Highlights and Business Update:

Generated revenue of €29.7 million in the quarter.
Delivered Gross Margin1 of 37.3%.
Adjusted EBITDA1 was €(6.0) million, representing a 23% improvement year-over-year.
Continued improvement in operational efficiency resulted in a 31% year-over-year reduction in labor costs and operating expenses.
Reduced inventory by 15% compared to the last quarter, driving incremental cash flow.
Secured €11 million in interim financing and signed the comprehensive restructuring plan, which enhances the long-term financial visibility.

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