Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.370
+0.100 (7.87%)
Jul 14, 2026, 4:00 PM EDT - Market closed
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 |
| 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% |
Free Cash Flow | 5.87 | 7.07 | 0.8 | 10.46 | 8.59 | 2.36 |
Free Cash Flow Growth | -16.95% | 786.71% | -92.38% | 21.83% | 264.44% | -81.83% |
Free Cash Flow Per Share | 0.49 | 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 | 12.72% | 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% |