Slide 1: 2026 Earnings Report
2026 EARNINGS REPORT 2 wallbox #
Slide 2: Earnings Report Presenters
2026 EARNINGS REPORT Enric Asunción Isabel López Trujillo Michael Wilhelm Co-Founder & Chief Financial Officer Investor Relations Chief Executive Officer
Slide 3: Disclaimer
Disclaimer This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities
Slide 4: Highlights
Q2 2026 Highlights Q2 Revenue Q2 Gross Margin1 €23.9M 38.0% Low end of guided range €7.8M Adjusted EBITDA loss2 ~22,900 AC units sold Q2 Labour costs & OPEX 46 DC units sold 29% Decrease YoY 1. See slide 16 for definitions Q2 2026 EARNINGS REPORT 2. This is a non-IFRS measure. Please see slide 13 fo
Slide 5: Revenues by Geography
Q2 2026 Revenues by Geography Europe €17.7M / 74%1 North America €5.6M / 23%1 APAC €0k / 0%1 LATAM €615k / 3%1 Q2 2026 EARNINGS REPORT 1. As percentage of revenue 5
Slide 6: Revenues by Product
Q2 2026 Revenues by Product AC Sales €15.8M / 66%1 7% 66% DC Sales €1.6M / 7%1 Software, Services 27% & Others €6.5M / 27%1 Q2 2026 EARNINGS REPORT 1. As percentage of revenue 6
Slide 7: Market Overview
Q2 2026 Market Overview +30% YoY EVs Sold in Key Markets1 2.14 2.10 2.53 2.13 1.94 0.8 ROW 0.5 0.5 0.6 0.4 1.0 1.4 EU 1.1 1.3 1.2 0.6 NA 0.5 0.3 0.3 0.4 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 + North American EV market remains soft + European EV market continues to + The positive European market tr
Slide 8: Financial Review
Q2 2026 Financial Review Q2 Revenue Q2 Labor Costs & OPEX €23.9M Below guidance on operational €17.3M 29% YoY improvement constraints, not demand Q2 Gross Margin1 Q2 Adjusted EBITDA Loss2 38.0% Improved sequentially €7.8M Approximately flat year-over-year Q2 2026 EARNINGS REPORT 8 1. See slide 16 fo
Slide 9: Key Financial Metrics
Q2 2026 Key Financial Metrics €25.1M1 €191M Q2 Cash And Cash Equivalents And Q2 Loans and Borrowings Financial Investments Restructuring plan court-approved Significant sequential improvement due and binding on all creditors to refinancing and financial discipline €38.8M Q2 Consolidated Inventory €0
Slide 10: Closing Thoughts
Q2 2026 Closing Thoughts Growing sales order intake, this quarter up 11% sequentially Converting our growing backlog with more predictable operations to improve profitability Significantly improved financial position with finalization of restructuring and additional equity raise Q3 Expected Revenue
Slide 11: Wallbox
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Slide 12: Consolidated Statement of Profit or Loss
Financial Overview Consolidated Statement of Profit or Loss1 YEAR ENDED QUARTER ENDED Unaudited, in € 000’s 2025 2024 Q2 2026 Q1 2026 Q2 2025 Revenue 145,120 163,943 23,918 29,700 38,289 Change in inventories and raw materials and consumables used (89,582) (107,920) (14,836) (18,626) (23,806) Gross
Slide 13: Reconciliation
Financial Overview Reconciliation1 YEAR ENDED QUARTER ENDED Unaudited, in € 000’s 2025 2024 Q2 2026 Q1 2026 Q2 2025 Loss for the Period (103,195) (151,792) (28,580) (19,358) (16,062) Income tax credit 87 (6,723) (159) 129 903 Amortization and depreciation 34,189 37,873 4,442 5,668 10,082 Financial i
Slide 14: Cash & Cash Equivalents
Financial Overview Cash & Cash Equivalents Unaudited, in € 000’s QUARTER ENDED YEAR ENDED 30 JUNE 31 DECEMBER 2026 2025 2025 2024 Cash and cash equivalents 19,948 27,304 4,446 20,036 Financial Investments (1) 5,116 5,078 5,133 25,578 Cash, cash equivalents and Financial Investments 25,064 32,382 9,5
Slide 15: Investments and Loans & Borrowings
Financial Overview Investments and Loans & Borrowings Unaudited, in € 000’s QUARTER ENDED YEAR ENDED 30 JUNE 31 DECEMBER 2026 2025 2025 2024 Investments in Property, plant and equipment and Intangible Assets Property, plant and equipment (22) 405 619 3,114 Intangible assets - excluding R&D (salaries
Slide 16: Definitions and Disclosures
Definitions and Disclosures 1 “EBITDA” is defined as loss for the period before income tax credit, financial income, financial expenses, amortization and depreciation, change in fair value of derivative warrants, and foreign exchange gains/(losses). 2 “Adjusted EBITDA” is defined as EBITDA for the p
Slide 17: Thank you
Thank you Gracias Danke 谢谢 Web Contact Twitter @wallboxchargers www.investors.wallbox.com investors@wallbox.com Facebook Wallbox LinkedIn Wallbox Instagram @wallboxcharger