Wallbox reports Q3 revenue miss amid supply chain delays and operational challenges
What happened
Wallbox reported third-quarter 2026 revenue of EUR 24.2 million, which was 1% higher than the second quarter but 32% lower than the previous year, missing its forecast of EUR 29 million to EUR 31 million. The company noted that continuing operational challenges in the supply chain prevented orders from converting into revenue. Despite this, lower costs led to a 32% improvement in adjusted EBITDA loss compared to the prior quarter.
From tickerreport.com
Why it matters
The revenue miss was attributed to supply chain constraints delaying deliveries, even as the order backlog grew to EUR 16.9 million. While Wallbox achieved cost improvements through reduced labor and operating expenses, the gross margin of 36.5% was below forecast, partly due to a lower proportion of high-margin DC fast-charging sales.
From tickerreport.com
Who's involved
- WallboxSpanish company for EV charging appliances reporting Q3 financial results
- AsunciónLocation where Wallbox's CEO addressed operational supply chain challenges
- QuasarCompany whose bidirectional charging technology Wallbox relies upon
- PulsarCompany whose AC charging stations Wallbox incorporates into its product portfolio
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- MarketBeatSpeculative
MarketBeat might need to adjust its ratings or targets based on Wallbox's revenue miss and supply chain issues.