Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.010
-0.030 (-2.88%)
Sep 28, 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 | 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 |
| 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 |