Q4 2025 Wallbox NV Earnings Call Transcript
Key Points
- Wallbox NV (WBX) improved its adjusted EBITDA by 51% in 2025, demonstrating effective cost optimization efforts.
- The company achieved a significant gross margin improvement, reaching 38.3%, a 410 basis points increase from the previous year.
- Wallbox NV (WBX) introduced innovative products like the Supernova PowerRing and Quasar 2, expanding its product portfolio.
- The North American market showed strong geographical growth, with an 18% increase in Software, Services, and Others compared to 2024.
- Wallbox NV (WBX) secured $25 million in new investments and reached a commercial agreement with core banking partners for a renewed capital structure.
- Revenue for 2025 decreased by 11% compared to the previous year, totaling EUR145.1 million.
- AC and DC sales declined by 13% and 32% year over year, respectively, impacting overall revenue growth.
- The North American market experienced a 40% year-over-year decline in the US EV market due to the removal of incentives and tax credits.
- Q4 revenue was below guidance, landing at EUR33.7 million, down 10% compared to the same period last year.
- DC sales were disappointing in Q4, with a 41% quarter-over-quarter reduction, reflecting challenges in participating in selected RFQs or tenders.
Hello, everyone, and welcome to Wallbox's fourth quarter and Full Year 2025 Earnings Conference Call and Webcast. (Operator Instructions)
I would now like to turn the call over to Michael Wilhelm from Wallbox. Michael, please go ahead.
Thank you, and good morning, and good afternoon to everyone listening in. Thank you for joining today's webcast to discuss Wallbox's fourth quarter and full year 2025 results. This event is being broadcast over the web and can be accessed from the Investor section of our website at investors.wallbox.com.
I am joined today by Enric Asuncion, Wallbox's CEO; and Isabel Lopez Trujillo, Wallbox's CFO. Earlier today, we issued our press release announcing results from the fourth quarter and year ended December 31, 2025, which can also be found on our website.
Before we begin, I'd like to remind everyone that certain statements made on today's call are forward-looking, that may be subject to risks and uncertainties relating to future events and/or the future
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
