Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

1.370

-0.060 (-4.20%)

At close: Jun 4, 2026, 4:00 PM EDT

1.400

+0.030 (2.19%)

After-hours: Jun 4, 2026, 7:56 PM EDT

Wetouch Technology Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	46.16	45.14	42.28	39.71	37.92	40.79
Revenue Growth (YoY)	8.12%	6.76%	6.48%	4.70%	-7.02%	30.11%
Cost of Revenue	31.61	30.77	28.67	22.52	23.87	22.35
Gross Profit	14.55	14.37	13.61	17.19	14.05	18.43
Selling, General & Admin	-3.47	-4.4	-4.29	-4.46	-2.55	-2.57
Research & Development	-	-	-	-0.08	-0.09	-0.09
Other Operating Expenses	-	-	-	-	-	-3.15
Total Operating Expenses	-3.47	-4.4	-4.29	-4.54	-2.64	-5.81
Operating Income	11.08	9.97	9.32	12.65	11.41	12.62
Interest Income	0.12	0.16	0.15	0.12	0.12	0.1
Interest Expense	-	-	-1.17	-0.25	-0.22	-0.03
Other Non-Operating Income (Expense)	0.04	0.04	0.39	-0.17	0.77	9.1
Total Non-Operating Income (Expense)	0.15	0.19	-0.63	-0.3	0.67	9.17
Pretax Income	11.23	10.16	8.69	12.35	12.08	21.8
Provision for Income Taxes	2.77	3	2.66	4.08	3.35	4.41
Net Income	8.46	7.16	6.03	8.26	8.73	17.39
Net Income to Common	8.46	7.16	6.03	8.26	8.73	17.39
Net Income Growth	5.34%	18.73%	-27.02%	-5.34%	-49.79%	94.68%
Shares Outstanding (Basic)	12	12	12	9	2	2
Shares Outstanding (Diluted)	12	12	12	9	2	2
Shares Change (YoY)	-0.32%	2.14%	24.60%	408.47%	12.93%	12.65%
EPS (Basic)	0.71	0.60	0.52	0.89	5.38	11.00
EPS (Diluted)	0.71	0.60	0.52	0.89	4.73	11.00
EPS Growth	5.97%	15.38%	-41.57%	-81.18%	-57.00%	77.42%
Shares Outstanding	11.93	11.93	11.93	9.29	1.68	1.59
Free Cash Flow	5.55	7.07	0.8	10.46	8.59	2.36
Free Cash Flow Growth	-21.50%	786.71%	-92.38%	21.83%	264.44%	-81.83%
Free Cash Flow Per Share	0.47	0.59	0.07	1.12	4.66	1.44
Gross Margin	31.53%	31.84%	32.18%	43.30%	37.05%	45.19%
Operating Margin	24.00%	22.08%	22.04%	31.86%	30.10%	30.95%
Profit Margin	18.34%	15.86%	14.26%	20.81%	23.02%	42.63%
FCF Margin	12.02%	15.66%	1.89%	26.35%	22.64%	5.78%
EBITDA	11.11	9.99	9.33	12.66	11.42	13.01
EBITDA Margin	24.07%	22.13%	22.06%	31.88%	30.13%	31.89%
EBIT	11.08	9.97	9.32	12.65	11.41	12.62
EBIT Margin	24.00%	22.08%	22.04%	31.86%	30.10%	30.95%
Effective Tax Rate	24.66%	29.51%	30.59%	33.07%	27.75%	20.23%

SEC Filings: 10-K · 10-Q