Wetouch Technology Inc. (WETH) stock
WETHNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026Score 18/3095% below fair value
$0.81−0.05 (-5.47%)
Close on Nov 12, 2026Market cap $10.88MP/E 1.2Yield –
Wetouch Technology gross margin
Gross margin is gross profit as a percentage of revenue.
Wetouch Technology's gross margin for the twelve months ending Jun 30, 2026 was 32.1%. For fiscal 2025 it was 31.8%, against 32.2% the year before. The highest annual figure on record is 49.8% in fiscal 2020.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 31.8% | −0.3 |
| FY2024 | Dec 31, 2024 | 32.2% | −11.1 |
| FY2023 | Dec 31, 2023 | 43.3% | +6.2 |
| FY2022 | Dec 31, 2022 | 37.0% | −8.1 |
| FY2021 | Dec 31, 2021 | 45.2% | −4.6 |
| FY2020 | Dec 31, 2020 | 49.8% | +0.5 |
| FY2019 | Dec 31, 2019 | 49.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 34.9% | +1.8 |
| Q1 FY2026 | Mar 31, 2026 | 35.7% | −1.2 |
| Q4 FY2025 | Dec 31, 2025 | 12.2% | −14.6 |
| Q3 FY2025 | Sep 30, 2025 | 32.7% | −5.8 |
| Q2 FY2025 | Jun 30, 2025 | 33.1% | −6.6 |
| Q1 FY2025 | Mar 31, 2025 | 36.9% | +14.5 |
| Q4 FY2024 | Dec 31, 2024 | 26.8% | +21.7 |
| Q3 FY2024 | Sep 30, 2024 | 38.4% | −4.5 |
| Q2 FY2024 | Jun 30, 2024 | 39.7% | −9.2 |
| Q1 FY2024 | Mar 31, 2024 | 22.4% | −22.5 |
| Q4 FY2023 | Dec 31, 2023 | 5.1% | +19.7 |
| Q3 FY2023 | Sep 30, 2023 | 42.9% | −0.6 |
| Q2 FY2023 | Jun 30, 2023 | 49.0% | +6.0 |
| Q1 FY2023 | Mar 31, 2023 | 45.0% | +9.0 |
| Q4 FY2022 | Dec 31, 2022 | -14.6% | −30.8 |
| Q3 FY2022 | Sep 30, 2022 | 43.6% | +0.6 |
| Q2 FY2022 | Jun 30, 2022 | 43.0% | −8.9 |
| Q1 FY2022 | Mar 31, 2022 | 35.9% | −12.1 |
| Q4 FY2021 | Dec 31, 2021 | 16.2% | −31.8 |
| Q3 FY2021 | Sep 30, 2021 | 42.9% | −9.0 |
| Q2 FY2021 | Jun 30, 2021 | 51.9% | +1.2 |
| Q1 FY2021 | Mar 31, 2021 | 48.0% | +1.4 |
| Q4 FY2020 | Dec 31, 2020 | 48.0% | – |
| Q3 FY2020 | Sep 30, 2020 | 52.0% | – |
| Q2 FY2020 | Jun 30, 2020 | 50.7% | – |
| Q1 FY2020 | Mar 31, 2020 | 46.6% | – |
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