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 profit margin
Profit margin (net margin) is net income as a percentage of revenue.
Wetouch Technology's profit margin for the twelve months ending Jun 30, 2026 was 17.6%. For fiscal 2025 it was 15.9%, against 14.3% the year before. The highest annual figure on record is 42.6% in fiscal 2021.
Annual profit margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 15.9% | +1.6 |
| FY2024 | Dec 31, 2024 | 14.3% | −6.5 |
| FY2023 | Dec 31, 2023 | 20.8% | −2.2 |
| FY2022 | Dec 31, 2022 | 23.0% | −19.6 |
| FY2021 | Dec 31, 2021 | 42.6% | +14.1 |
| FY2020 | Dec 31, 2020 | 28.5% | −5.8 |
| FY2019 | Dec 31, 2019 | 34.3% | – |
Quarterly profit margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 15.5% | −2.6 |
| Q1 FY2026 | Mar 31, 2026 | 23.7% | +6.9 |
| Q4 FY2025 | Dec 31, 2025 | -3.3% | −6.3 |
| Q3 FY2025 | Sep 30, 2025 | 20.7% | −2.3 |
| Q2 FY2025 | Jun 30, 2025 | 18.1% | −4.0 |
| Q1 FY2025 | Mar 31, 2025 | 16.8% | +13.0 |
| Q4 FY2024 | Dec 31, 2024 | 3.0% | +89.8 |
| Q3 FY2024 | Sep 30, 2024 | 23.1% | −2.6 |
| Q2 FY2024 | Jun 30, 2024 | 22.1% | −14.5 |
| Q1 FY2024 | Mar 31, 2024 | 3.8% | −17.0 |
| Q4 FY2023 | Dec 31, 2023 | -86.8% | −84.7 |
| Q3 FY2023 | Sep 30, 2023 | 25.7% | −2.6 |
| Q2 FY2023 | Jun 30, 2023 | 36.6% | +11.6 |
| Q1 FY2023 | Mar 31, 2023 | 20.8% | −0.6 |
| Q4 FY2022 | Dec 31, 2022 | -2.0% | −20.6 |
| Q3 FY2022 | Sep 30, 2022 | 28.3% | −1.0 |
| Q2 FY2022 | Jun 30, 2022 | 24.9% | −8.3 |
| Q1 FY2022 | Mar 31, 2022 | 21.4% | −56.7 |
| Q4 FY2021 | Dec 31, 2021 | 18.6% | +9.7 |
| Q3 FY2021 | Sep 30, 2021 | 29.3% | −10.4 |
| Q2 FY2021 | Jun 30, 2021 | 33.3% | −4.7 |
| Q1 FY2021 | Mar 31, 2021 | 78.0% | +42.2 |
| Q4 FY2020 | Dec 31, 2020 | 8.9% | – |
| Q3 FY2020 | Sep 30, 2020 | 39.7% | – |
| Q2 FY2020 | Jun 30, 2020 | 37.9% | – |
| Q1 FY2020 | Mar 31, 2020 | 35.9% | – |
See a number that looks wrong?