Half-yearly results

Fastned’s charging revenue grows by 40 per cent in the first half of 2026, net loss falls

Hatton Cross is het eerste station van de 25 binnen Fastneds joint venture met Places for London. Foto: Fastned

The Dutch fast-charging company Fastned has reported a 40 per cent year-on-year increase in revenue from charging in the first half of 2026. At the same time, its net loss fell from 18.3 million euros to 13 million euros.

In the first half of 2026, Fastned’s charging revenue rose to 75 million euros. On a year-on-year basis, this represents an increase of 40 per cent. During the same period, the company supplied 112.3 GWh of renewable energy, an increase of 38 per cent compared with the same period last year. This was achieved through 4.1 million charging sessions, which, according to Fastned, facilitated an estimated 562.2 million electric kilometres.

Gross profit rose from 41 million euros in the first half of 2025 to 66 million euros in the first half of 2026 (+61 per cent). Operational profitability also improved significantly. Operating EBITDA rose from €17.9 million to €37.4 million. Underlying operating EBITDA increased from €1.4 million to €13.7 million. According to Fastned, this is because the company has accelerated both the roll-out of new stations and commercial growth in Europe. Meanwhile, the net loss fell by 29 per cent from €18.3 million to €13 million.

New stations

The half-yearly report also states that the company has opened 28 new stations so far this year, a 65 per cent increase in the number of new openings compared with H1 2025. At that time, seventeen stations were opened. According to Fastned, H1 2026 is the strongest first half for station openings to date.

As at 30 June 2026, the network comprised 434 operational stations across nine European countries. In Germany, the milestone of sixty stations was reached, twelve of which were opened in the second quarter. In the United Kingdom, the company opened the first of 25 stations as part of the joint venture with Places for London, Transport for London’s property arm. In the Netherlands, the company opened its first shop at a charging station at the Velder service area along the A2 near Liempde in Brabant during the first half of the year.

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This article was automatically translated from the original Dutch text into British English.