Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

1.260

+0.020 (1.61%)

At close: Aug 14, 2026, 4:00 PM EDT

1.260

0.00 (-0.02%)

After-hours: Aug 14, 2026, 6:49 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	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
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 Expense	-	-	-1.17	-0.25	-0.22	-0.03
Interest & Investment Income	0.12	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	11.23	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	11.23	10.16	8.69	12.35	12.08	21.8
Income Tax Expense	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	5.44%	2.14%	24.60%	408.48%	12.93%	12.65%
EPS (Basic)	0.71	0.60	0.52	0.89	5.39	10.93
EPS (Diluted)	0.71	0.60	0.52	0.89	4.73	10.93
EPS Growth	-0.21%	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	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
Free Cash Flow	5.55	7.07	0.8	10.46	8.59	2.36
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%	14.27%	20.81%	23.02%	42.63%
Free Cash Flow 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%
D&A For EBITDA	0.03	0.02	0.01	0.01	0.01	0.38
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%	29.52%	30.59%	33.07%	27.75%	20.23%
Revenue as Reported	-	-	-	-	-	40.79

SEC Filings: 10-K · 10-Q