Company Description
Wallbox N.V. (NYSE: WBX) is a global technology company focused on electric vehicle (EV) charging and energy management systems. The company develops hardware and software that manage the interaction between users, electric vehicles, buildings, and the power grid, with the stated goal of changing the way the world uses energy. Wallbox positions its products to help users control energy consumption, reduce costs, and support more sustainable lifestyles.
According to company disclosures, Wallbox offers a portfolio of EV charging and energy management solutions for residential, semi-public, and public use in more than 100 countries. Its activities span multiple regions through three reportable operating segments: Europe, Middle East and Asia (EMEA), North America, and Asia-Pacific. The EMEA segment is described as the key revenue-generating region. Wallbox’s shares trade on the New York Stock Exchange under the ticker WBX.
Founded in 2015 in Barcelona, Spain, Wallbox has its headquarters in Barcelona and maintains offices across Europe, Asia, and America. From this base, the company designs, manufactures, and distributes EV charging solutions and related energy management technologies. Its smart charging product portfolio includes Level 2 alternating current (AC) chargers for home and business applications and direct current (DC) fast chargers for public and semi-public environments.
Business model and operations
Wallbox generates revenue primarily from the sale of charging solutions for EVs, which include electronic chargers and other services, as described in its regulatory filings. These sales are made through retail channels, distributors, resellers, and installer customers. The company reports revenue by product type, including AC chargers, DC chargers, and software and other services, and by geography, highlighting its diversified presence across Europe, North America, Asia Pacific, and Latin America.
In its quarterly disclosures, Wallbox explains that its gross margin is calculated as revenue less changes in inventory, raw materials, and other consumables used, divided by revenue. The company also reports non-IFRS metrics such as EBITDA and Adjusted EBITDA, which adjust for items like share-based payment expenses, one-time expenses, and impairment of assets. Management states that these measures are used internally to evaluate operating performance and capacity to fund capital expenditures.
Products and technology focus
Wallbox’s product range, as described in its public materials, includes smart Level 2 AC chargers for residential and business use and DC fast charging systems for public and semi-public locations. The company highlights its Supernova family of DC fast chargers designed for public and semi-public use, and the Supernova PowerRing system, which connects multiple Supernova chargers into a modular fast-charging configuration. PowerRing is described as a system that can share energy intelligently between units, pooling unused power to optimize performance based on real-time demand and installed capacity.
Wallbox also emphasizes bidirectional charging capabilities through its Quasar 2 bidirectional charger. In collaboration projects in the United States, Quasar 2 has been used to enable vehicle-to-home (V2H) functionality, allowing compatible EVs to discharge energy back into the home. Company communications describe how this can help homeowners manage electricity bills, provide backup power in certain configurations, and support grid stability when paired with appropriate software platforms.
Beyond hardware, Wallbox refers to energy management systems that aim to redefine the relationship between users and the network. In several announcements, the company describes systems that dynamically distribute power across multiple charging points, share power between chargers, and integrate with virtual power plant (VPP) platforms to enable EVs to act as flexible energy resources.
Geographic reach and partnerships
Wallbox states that it offers its portfolio in more than 100 countries and maintains offices across Europe, Asia, and America. Its public communications highlight partnerships and deployments in regions such as Central-Northern Italy, where it is working with Hera Comm to deploy Supernova 120 kW DC fast chargers, and the Mountain West region of the United States, where it collaborates with Codale Electric Supply to scale AC and DC fast charging infrastructure across states including Utah, Idaho, Wyoming, and Nevada.
In North America, Wallbox has been involved in pilot programs and collaborations that use its Quasar 2 bidirectional charger with partners such as Kia America, the University of California, Irvine, and Bidirectional Energy. These programs explore how EVs can function as home energy resources and participate in grid-support schemes through V2H and broader bidirectional charging applications.
Capital structure and financial context
Wallbox’s recent filings describe efforts to reshape its capital structure. The company has disclosed a standstill agreement with a majority of its banking pool, including Banco Santander, Banco Bilbao Vizcaya Argentaria, and CaixaBank, intended to provide a stable framework to negotiate a long-term capital structure. Subsequent filings note that additional lenders, such as Instituto de Crédito Oficial, Institut Català de Finances, Mora Banc Grup, EBN Banco de Negocios, and COFIDES, have acceded to this agreement, and that the term of the agreement has been extended while negotiations continue.
In a separate disclosure, Wallbox announced that it had entered into a term sheet with core banking partners and major shareholders outlining an indicative commercial agreement for a renewed capital structure. This framework contemplates refinancing existing bilateral loans into a new syndicated term loan, establishing a new bullet instrument, restructuring working capital facilities, and arranging new trade commitments and equity investments. A later filing notes that Institut Català de Finances, through Instruments Financers per a Empreses Innovadores, S.L.U. (IFEM), has agreed on a non-binding basis to an equity investment intended to form part of this liquidity injection, subject to conditions and definitive documentation.
Wallbox has also reported that it received written notice from the New York Stock Exchange confirming that it had regained compliance with the NYSE’s continued listing standard related to minimum share price. The notice stated that the company’s Class A ordinary shares maintained an average closing price of at least $1.00 per share over a 30 consecutive trading-day period, and that its shares would continue to be listed and traded on the NYSE, subject to ongoing compliance with applicable standards.
Financial reporting and performance indicators
In its quarterly results, Wallbox reports revenue, gross margin, operating loss, and other metrics. For the quarter ended September 30, 2025, the company disclosed revenue, gross margin, and an operating loss figure, along with details on labor costs, operating expenses, and capital expenditures. It also provided a breakdown of revenue by product—AC chargers, DC chargers, and software and other services—and by geography, including Europe, North America, Asia Pacific, and Latin America.
Wallbox explains the definitions of its non-IFRS measures and notes that management uses these metrics to compare performance over time, plan budgets, evaluate strategic initiatives, and assess capacity to fund capital expenditures. The company emphasizes that these measures have limitations and should be considered in addition to, and not as a substitute for, IFRS financial information.
Corporate governance and leadership
Recent filings and press releases describe changes and additions to Wallbox’s leadership and governance. The company has announced appointments to roles such as Chief Business Officer and Chief Operations Officer, as well as the planned appointment of a new Chief Financial Officer, with the outgoing CFO remaining during a transition period. It has also disclosed the resignation of a non-executive director for personal reasons, noting that the departure was not related to the company’s operations, policies, practices, or accounting matters.
These updates reflect Wallbox’s stated focus on reinforcing its business and operational structure, strengthening commercial capabilities, and enhancing efficiency across industrial operations as it pursues scalable growth and operational discipline.
Position within the EV charging and energy management sector
Across its public communications, Wallbox consistently describes itself as a global provider of EV charging and energy management solutions. The company highlights its presence in residential, semi-public, and public charging environments, its use of DC fast charging technology for public infrastructure, and its exploration of bidirectional charging and V2H applications. Its activities span hardware design and manufacturing, software-enabled energy management, and partnerships with utilities, automakers, and infrastructure providers.
Investors and analysts reviewing Wallbox typically consider factors such as the adoption of EVs and smart energy systems, the company’s regional mix of revenue, the performance of its AC and DC product lines, the evolution of its capital structure, and its ability to manage costs and move toward profitability, as described in its financial reports and management commentary.