Wetouch Technology Inc.

WETH Nasdaq SEC CIK 1826660
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Financials

Reported figures only · latest: Q2 2026 USD · US GAAP
Revenue, last quarter $4.4M +9.1% vs same quarter last year
Net income $2.2M −3.5% vs same quarter last year
EPS, diluted $0.18 −5.3% vs same quarter last year
Operating cash flow $4.9M +87.7% vs same quarter last year
Revenue by quarter
$4.1M
$961.3K
$5M
$4M
$3.8M
$1.4M
$5.3M
$4.4M
Q3 24 Q4 24 Q1 25 Q2 25 Q3 25 Q4 25 Q1 26 Q2 26

Source: SEC XBRL filings · latest filing

The long view

Fiscal years as reported · SEC XBRL filings, US GAAP
Revenue and net income8 fiscal years
  • Revenue
  • Net income
$0$20M$40M$60MFY18FY19FY20FY21FY22FY23FY24FY25
Show the numbers
YearRevenueNet income
FY25$14.2M$7.2M
FY24$14.9M$6M
FY23$12M$8.3M
FY22$37.9M$8.7M
FY21$40.7M$17.4M
FY20$31.3M$8.9M
FY19$40M$13.7M
FY18--
MarginsShare of revenue
  • Gross margin
  • Operating margin
  • Net margin
0%50%100%150%FY18FY19FY20FY21FY22FY23FY24FY25
Show the numbers
YearGross marginOperating marginNet margin
FY25101.2%70.2%50.4%
FY2491.1%62.4%40.4%
FY23142.8%105.1%68.7%
FY2237%30.1%23%
FY2145.3%31%42.7%
FY2049.8%37.9%28.5%
FY1949.3%42.5%34.3%
FY18---
Free cash flowOperating cash flow minus capital expenditure
$0$5M$10M$15MFY18FY19FY20FY21FY22FY23FY24FY25
Show the numbers
YearFree cash flow
FY25$7.1M
FY24$797.2K
FY23$10.5M
FY22-
FY21$2.4M
FY20-
FY19$10.2M
FY18-
Net margin vs the sectorMedian of Technology companies filing with the SEC
  • Wetouch Technology
  • Technology median
−25%0%25%50%75%FY18FY19FY20FY21FY22FY23FY24FY25
Show the numbers
YearWetouch TechnologyTechnology median
FY2550.4%−2.2%
FY2440.4%−6.1%
FY2368.7%−10.6%
FY2223%−13.6%
FY2142.7%−7.7%
FY2028.5%−9.7%
FY1934.3%−4.7%
FY18-−3.5%

News

No stories filed under Wetouch Technology yet - coverage appears here as the news feed clusters it.