Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

0.9369

-0.0331 (-3.41%)

At close: Oct 20, 2026, 4:00 PM EDT

0.9600

+0.0231 (2.47%)

After-hours: Oct 20, 2026, 6:58 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	Jun '26 Jun 30, 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	47.74	45.14	42.28	39.71	37.92	40.79
Revenue Growth	11.34%	6.76%	6.48%	4.70%	-7.02%	30.11%
Cost of Revenue	32.42	30.77	28.67	22.52	23.87	22.35
Gross Profit	15.32	14.37	13.61	17.19	14.05	18.43
Selling, General & Admin	3.13	4.4	4.29	4.46	2.55	2.57
Research & Development	-	-	-	0.08	0.09	0.09
Operating Expenses	4.16	4.4	4.29	4.54	2.64	5.81
Operating Income	11.16	9.97	9.32	12.65	11.41	12.62
Interest Expense	-	-	-1.17	-0.25	-0.22	-0.03
Interest & Investment Income	0.11	0.16	0.15	0.12	0.12	0.1
Other Non Operating Income (Expenses)	0.04	0.04	0.39	-0.17	0.87	1.45
EBT Excluding Unusual Items	11.31	10.16	8.69	12.35	12.18	14.15
Gain (Loss) on Sale of Assets	-	-	-	-	-	7.65
Other Unusual Items	-	-	-	-	-0.1	-
Pretax Income	11.31	10.16	8.69	12.35	12.08	21.8
Income Tax Expense	2.92	3	2.66	4.08	3.35	4.41
Net Income	8.39	7.16	6.03	8.26	8.73	17.39
Net Income to Common	8.39	7.16	6.03	8.26	8.73	17.39
Net Income Growth	10.71%	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	0.48%	2.14%	24.60%	408.48%	12.93%	12.65%
EPS (Basic)	0.70	0.60	0.52	0.89	5.39	10.93
EPS (Diluted)	0.70	0.60	0.52	0.89	4.73	10.93
EPS Growth	10.59%	15.70%	-41.73%	-81.18%	-56.73%	76.30%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	7.86	7.07	0.8	10.46	8.59	2.36
Free Cash Flow Per Share	0.65	0.59	0.07	1.12	4.66	1.44
Gross Margin	32.10%	31.84%	32.18%	43.30%	37.05%	45.19%
Operating Margin	23.38%	22.08%	22.04%	31.86%	30.10%	30.95%
Profit Margin	17.57%	15.86%	14.27%	20.81%	23.02%	42.63%
Free Cash Flow Margin	16.47%	15.66%	1.89%	26.35%	22.64%	5.78%
EBITDA	11.21	9.99	9.33	12.66	11.42	13.01
EBITDA Margin	23.47%	22.13%	22.06%	31.88%	30.13%	31.89%
D&A For EBITDA	0.04	0.02	0.01	0.01	0.01	0.38
EBIT	11.16	9.97	9.32	12.65	11.41	12.62
EBIT Margin	23.38%	22.08%	22.04%	31.86%	30.10%	30.95%
Effective Tax Rate	25.81%	29.52%	30.59%	33.07%	27.75%	20.23%
Revenue as Reported	-	-	-	-	-	40.79

SEC Filings: 10-K · 10-Q