WBX

MKT CAP:$31M

Wallbox N.V.

Market Cap

$31M

Technology·Hardware, Equipment & Parts·🇪🇸 Spain·NYSE

Technology·Hardware,·🇪🇸·NYSE

Stock Price

$2.98+$0.54 (+22.43%)

Apr 21, 2026

Company Details

Wallbox N.V., a technology company, designs, manufactures, and distributes charging solutions for residential, business, and public use. The company operates in three segments: Europe-Middle East Asia, North America, and Asia-Pacific. It of...

CEO

Eduard Castaneda Mane

IPO Date

Apr 19, 2021

Website

wallbox.com

Key Metrics TTM

Revenue

$173M

-11.9% YoY

Net Income

-$147M

EPS (Diluted)

-$0.65

Free Cash Flow

-$39M

Revenue / Share

$0.91

Gross Margin

32.3%

Operating Margin

-83.5%

Net Margin

-84.9%

FCF Margin

-22.3%

P/S

0.2x

P/E

—

Earnings Reports

Q3 2025

May 13, 2026

PENDING

FY 2025

Apr 9, 2026

$164M-14.6%EPS -$8.07

Q2 2025

Sep 23, 2025

$45M-21.4%EPS -$0.09

Q1 2025

Mar 31, 2025

$43M-14.2%EPS -$0.11

FY 2024

May 6, 2025

$192M+13.7%EPS -$0.84

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q3 21	$26M	$8M	-$23M
Q4 21	$26M	$8M	-$24M
Q1 22	$40M	$16M	-$37M
Q2 22	$40M	$16M	-$37M
Q3 22	$45M	$18M	-$44M
Q4 22	$44M	$18M	-$44M
Q1 23	$40M	$13M	-$39M
Q2 23	$40M	$13M	-$40M
Q3 23	$44M	$15M	-$23M
Q4 23	$44M	$15M	-$23M
Q1 24	$51M	$20M	-$28M
Q2 24	$57M	$22M	-$29M
Q3 24	$43M	$11M	-$50M
Q4 24	$42M	$11M	-$50M
Q1 25	$43M	$17M	-$23M
Q2 25	$45M	$17M	-$22M

Valuation

Quarter	P/S	P/E
Q3 21	0.5x	—
Q4 21	0.4x	—
Q1 22	0.3x	—
Q2 22	0.2x	—
Q3 22	0.2x	—
Q4 22	0.2x	—
Q1 23	0.2x	—
Q2 23	0.2x	—
Q3 23	0.2x	—
Q4 23	0.2x	—
Q1 24	0.2x	—
Q2 24	0.2x	—
Q3 24	0.2x	—
Q4 24	0.2x	—
Q1 25	0.2x	—
Q2 25	0.2x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	-$339.2K	-$8M
Q2 21	-$200.6K	-$8M
Q3 21	-$17M	-$25M
Q4 21	-$17M	-$25M
Q3 22	-$42M	-$51M
Q4 22	-$46M	-$56M
Q1 23	-$24M	-$31M
Q2 23	-$24M	-$31M
Q3 23	-$10M	-$10M
Q4 23	-$11M	-$11M
Q1 24	-$9M	-$13M
Q2 24	-$9M	-$13M
Q3 24	-$19M	-$20M
Q4 24	-$18M	-$19M
Q1 25	$0	$0
Q2 25	$0	$0

Capital Expenditures

Quarter	CapEx
Q1 21	$8M
Q2 21	$8M
Q3 21	$8M
Q4 21	$8M
Q3 22	$10M
Q4 22	$10M
Q1 23	$7M
Q2 23	$7M
Q3 23	$60.3K
Q4 23	$62.9K
Q1 24	$3M
Q2 24	$3M
Q3 24	$1M
Q4 24	$1M
Q1 25	$0
Q2 25	$0

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q3 21	+222.4%	+324.1%
Q4 21	+224.8%	+327.2%
Q1 22	+149.0%	+224.1%
Q2 22	+148.7%	+223.7%
Q3 22	+73.6%	+80.6%
Q4 22	+71.0%	+78.0%
Q1 23	+0.1%	+3.1%
Q2 23	+0.2%	+3.2%
Q3 23	-0.9%	-24.2%
Q4 23	-0.0%	-23.5%
Q1 24	+27.4%	-0.8%
Q2 24	+43.3%	+9.0%
Q3 24	-3.7%	+38.0%
Q4 24	-5.1%	+35.9%
Q1 25	-14.2%	-16.0%
Q2 25	-21.4%	-22.8%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$613.8K	3.9%
Q2 21	$613.8K	3.8%
Q3 21	$613.8K	2.4%
Q4 21	$613.8K	2.4%
Q3 22	$6M	13.2%
Q4 22	$6M	14.6%
Q1 23	$6M	15.3%
Q2 23	$7M	16.5%
Q3 23	$2M	5.6%
Q4 23	$3M	6.8%
Q1 24	$757.5K	1.5%
Q2 24	$752.0K	1.3%
Q3 24	$797.8K	1.9%
Q4 24	$607.1K	1.4%
Q1 25	$602.6K	1.4%
Q2 25	-$21.2K	-0.0%

OpEx Breakdown

Quarter	R&D	G&A	S&M	SG&A
Q3 21	$3M	$11M	$3M	—
Q4 21	$3M	$11M	$3M	—
Q1 22	—	$25M	$9M	—
Q2 22	—	$25M	$9M	—
Q3 22	$5M	$28M	$5M	—
Q4 22	$5M	$28M	$5M	—
Q1 23	$4M	$27M	$3M	—
Q2 23	$4M	$27M	$3M	—
Q3 23	$8M	$22M	$3M	—
Q4 23	$8M	$22M	$3M	—
Q1 24	—	—	—	$23M
Q2 24	—	—	—	$20M
Q3 24	$5M	$21M	$1M	—
Q4 24	$5M	$20M	$1M	—
Q1 25	—	—	—	$17M
Q2 25	—	—	—	$15M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 21	$1M	$0	$1M
Q3 21	$28M	$14M	$43M
Q4 21	$114M	$57M	$171M
Q2 22	$120M	$7M	$127M
Q3 22	$82M	$5M	$87M
Q4 22	$83M	$5M	$89M
Q1 23	$114M	$6M	$121M
Q2 23	$106M	$6M	$111M
Q3 23	$107M	$6M	$113M
Q4 23	$101M	$6M	$107M
Q1 24	$64M	$6M	$71M
Q2 24	$60M	$6M	$66M
Q3 24	$22M	$29M	$51M
Q4 24	$23M	$30M	$54M
Q1 25	$0	$0	$0
Q2 25	$32M	$6M	$38M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q3 21	161M	+0.1%	+0.3%
Q4 21	161M	0.0%	+0.3%
Q1 22	172M	+6.7%	+6.8%
Q2 22	162M	-6.0%	+0.5%
Q3 22	165M	+1.7%	+2.1%
Q4 22	172M	+4.3%	+6.4%
Q1 23	176M	+2.2%	+1.9%
Q2 23	176M	0.0%	+8.4%
Q3 23	200M	+13.9%	+21.3%
Q4 23	200M	0.0%	+16.3%
Q1 24	211M	+5.4%	+20.0%
Q2 24	189M	-10.1%	+7.9%
Q3 24	189M	0.0%	-5.3%
Q4 24	189M	0.0%	-5.3%
Q1 25	189M	0.0%	-10.1%
Q2 25	189M	0.0%	0.0%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q3 21	—	—
Q4 21	$33.5K	775
Q1 22	$51.1K	775
Q2 22	$51.2K	775
Q3 22	$57.8K	775
Q4 22	$35.1K	1K
Q1 23	$31.3K	1K
Q2 23	$31.4K	1K
Q3 23	$35.0K	1K
Q4 23	$30.5K	1K
Q1 24	$34.7K	1K
Q2 24	$39.1K	1K
Q3 24	$29.4K	1K
Q4 24	$46.6K	905
Q1 25	$47.9K	905
Q2 25	$49.5K	905

Revenue / Employee