The company also reported related to charging of 51.3 million euros in Q3 2026 and an increase in gross profit increased of 44 percent year-on-year to 37 million euros.
Fastned signed agreements for 26 new high-traffic locations and opened 17 stations across its European network during Q3, a substantial increase compared to previous years.
The market for public fast charging continued to strengthen, with battery-electric vehicles representing 28.0 percent of new vehicle registrations in Fastned’s operating markets in July and August. This was supported by the growing range of electric vehicle models on offer and cheaper batteries, driving down purchase prices for consumers. Additionally, high fuel prices are encouraging more people to go electric. The European Commission’s Electrification Action Plan, published in July, has further reinforced the long-term policy direction towards greater use of electricity across transport, buildings and industry.
Station sales volumes grew in the third quarter, with annualised average volume delivered per station reaching 596 MWh. Organic volume growth was 27 percent in Q3 2026, broadly in line with 29 percent growth in the BEV fleet across Fastned’s operating markets.
Volume growth supported the rise in charging revenue to 51.3 million euros. The reported revenue includes 5.1 million euros related to Dutch e-credits for the first quarter of 2026, which were transferred in Q3 after the Dutch government portal reopened, following a temporary closure. Like for like revenue related to charging was 46.3 million euros, up 47 percent year-on-year. This one-off timing effect has no impact on Q3 gross profit.
Supported by the third quarter's holiday traffic, year-to-date annualised revenue per station reached 395,000 euros, tracking close to the upper end of Fastned’s 2026 guidance range of 350,000 to 400,000 euros.
Historically, the fourth quarter is the largest quarter of the year as a result of the growing number of EVs on the road, as well as low temperatures increasing charging demand.
Fastned continued to broaden its customer propositions across private drivers, businesses and fleets. In September, the company announced a partnership with ANWB, a Dutch mobility organisation, to extend its reach among private drivers in the Netherlands. Through the partnership, Fastned is promoted to more than 600,000 ANWB Charge Card users, while subscribers can receive 10 percent off charging at Fastned stations across Europe. The partnership also includes educational programmes on electric driving.
The company continued to scale its network across its European markets during Q3. In Belgium, Fastned reached 60 stations and expanded its presence in Wallonia with the opening of Libin Galaxia. With 12 charging points of up to 400 kW, the station is one of the largest in the region. It was developed in cooperation with IDELUX, as part of a broader plan to expand fast-charging infrastructure across Wallonia.
In Germany, where the company is headed towards the 70-station mark, Fastned has now built 17 stations on German highways as part of Deutschlandnetz.
The highway and regional tenders have given Fastned access to government funding, and more importantly, to attractive sites and search areas across the country, including some of its most densely populated regions. These tender wins put Fastned on a trajectory to substantially grow its network in Germany.
In France, the opening of Thionville Yutz also marked the launch of Fastned’s first kiosk in the country. The kiosk strengthens the customer proposition at locations where on-site amenities are limited. By opening sites with Fastned amenities, the company can tap into another big pool of private and public land without sufficient third-party amenities.
During Q3, Fastned launched its third bond issuance of 2026 as part of its ongoing retail bond programme, supporting the company’s network expansion. The issuance remains open until 30 October 2026.
In Q3, Fastned achieved a significant milestone under the employee option plan introduced at the time of its Euronext Amsterdam listing in 2019, enabling employees to share in the value created as the company grows. The plan combines 10 operational and market-capitalisation milestones to reach the company’s 2030 targets. A milestone was achieved after annual revenue exceeded €100 million in 2025 and market capitalisation surpassed 700 million euros in Q3, unlocking options representing 1 percent of all outstanding shares to be distributed among employees.
Fastned reiterates its full-year 2026 guidance:
70 to 100 new stations operational by year-end (476 to 506 stations operational)
Average revenue per station of 350,000 to 400,000 euros
Operational EBITDA margin of approximately 45 percent
Fastned remains focused on growing charging revenue, improving station performance and delivering its planned network expansion across Europe.
Once again, Fastned grew faster than the market. Sales at existing stations rose 27 percent and total sales rose by 43 percent, against fleet growth of 29 percent, and that growth is profitable. So, we captured growth at existing stations and built stations to capture more. At the same time, we are building at double last year’s pace, with 65 stations under construction going into the final quarter. And we keep taking long-term market positions across Europe. We lead in the Netherlands and Belgium, and we are continuing to build strong positions in the UK, Germany and France. We do that not simply by deploying infrastructure, but by rolling out a station concept that has proved profitable, market by market.
“The wider picture across Europe shows a clear shift towards electric transport, and here in the UK, we are matching that momentum step for step” said Tom Hurst, UK Country Director at Fastned. “Opening our landmark 40th hub in Liverpool in August was a proud moment for the team, but we haven't slowed down by any means, we are already at 42 operational hubs and have more scheduled to launch before the end of the year. As battery costs fall, EV model choices grow, and driver demand soars, our focus remains on expanding our proven station concept to deliver the reliable, ultra-rapid charging network the UK needs.”
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