Wetouch Technology (WETH) is trading down at $0.99 (-0.70%), as of the latest quote. It operates in the Information Technology sector.
| FY2019Dec 2019 | FY2020Dec 2020 | FY2021Dec 2021 | FY2022Dec 2022 | FY2023Dec 2023 | FY2024Dec 2024 | FY2025Dec 2025 | |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | $40.0M | $31.3M | $40.8M | $37.9M | $39.7M | $42.3M | $45.1M |
| Growth (year over year) | — | −21.6% | +30.1% | −7.0% | +4.7% | +6.5% | +6.8% |
| Gross profit | $19.7M | $15.6M | $18.4M | $14.1M | $17.2M | $13.6M | $14.4M |
| Gross margin | 49.3% | 49.8% | 45.2% | 37.0% | 43.3% | 32.2% | 31.8% |
| Operating income | $17.0M | $11.9M | $12.6M | $11.4M | $12.7M | $9.32M | $9.97M |
| Operating margin | 42.5% | 37.9% | 31.0% | 30.1% | 31.9% | 22.0% | 22.1% |
| Net income | $13.7M | $8.93M | $17.4M | $8.73M | $8.26M | $6.03M | $7.16M |
| Net margin | 34.3% | 28.5% | 42.6% | 23.0% | 20.8% | 14.3% | 15.9% |
| EPS (diluted) | $9.80 | $6.20 | $11.00 | $4.73 | $0.89 | $0.52 | $0.60 |
| Balance sheet | |||||||
| Cash and equivalents | $14.3M | $24.0M | $46.2M | $51.3M | $98.0M | $103.8M | $118.4M |
| Total assets | $41.7M | $47.1M | $68.7M | $73.1M | $119.6M | $128.0M | $140.6M |
| Total liabilities | $10.1M | $2.71M | $4.37M | $4.27M | $6.72M | $3.43M | $3.24M |
| Shareholders' equity | $31.7M | $44.4M | $64.3M | $68.8M | $112.9M | $124.6M | $137.4M |
| Cash flow | |||||||
| Operating cash flow | $10.2M | $13.0M | $14.1M | $8.59M | $12.7M | $1.07M | $7.39M |
| Capital expenditure | $5.01K | — | $11.7M | — | $2.26M | $271.8K | $322.3K |
| Free cash flow | $10.2M | — | $2.36M | — | $10.5M | $797.2K | $7.07M |
| Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25†Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Income statement | ||||||||
| Revenue | $11.5M | — | $15.3M | $12.4M | $12.2M | $5.25M | $16.3M | $14.0M |
| Growth (year over year) | +3.7% | — | +2.8% | +1.5% | +5.6% | — | +6.7% | +12.7% |
| Gross profit | $4.44M | — | $5.64M | $4.11M | $3.98M | $638.6K | $5.82M | $4.88M |
| Gross margin | 38.4% | — | 36.9% | 33.1% | 32.7% | 12.2% | 35.7% | 34.9% |
| Operating income | $3.48M | — | $3.97M | $3.08M | $3.13M | −$215.6K | $5.09M | $3.16M |
| Operating margin | 30.2% | — | 26.0% | 24.8% | 25.7% | −4.1% | 31.2% | 22.6% |
| Net income | $2.66M | — | $2.56M | $2.24M | $2.53M | −$171.2K | $3.87M | $2.16M |
| Net margin | 23.1% | — | 16.8% | 18.1% | 20.7% | −3.3% | 23.7% | 15.5% |
| EPS (diluted) | $0.22 | — | $0.21 | $0.19 | $0.21 | −$0.01 | $0.32 | $0.18 |
| Balance sheet | ||||||||
| Cash and equivalents | $106.7M | $103.8M | $106.4M | $110.5M | $113.2M | $118.4M | $120.5M | $127.5M |
| Total assets | $133.1M | $128.0M | $133.7M | $137.0M | $139.9M | $140.6M | $147.3M | $152.6M |
| Total liabilities | $3.67M | $3.43M | $5.80M | $5.22M | $4.74M | $3.24M | $4.12M | $3.83M |
| Shareholders' equity | $129.5M | $124.6M | $127.9M | $131.8M | $135.2M | $137.4M | $143.2M | $148.8M |
| Cash flow | ||||||||
| Operating cash flow | $4.59M | — | $2.04M | $2.64M | $3.81M | −$1.10M | $519.5K | $4.95M |
| Capital expenditure | $4.44K | — | — | — | — | — | — | — |
| Free cash flow | $4.59M | — | — | — | — | — | — | — |
From Wetouch Technology's 10-K and 10-Q filings with the SEC; its fiscal year ends in December. Each period shows the latest figure the company has reported for it, including restatements. † Quarter derived from the company's year-to-date or full-year totals. Filings on SEC EDGAR →
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