WETH
WETH
NASDAQ · Electrical Equipment

Wetouch Technology Inc

$1.51
-0.02 (-1.31%)
As of May 16, 2:26 AM ET ·
Financial Highlights (FY 2026)
Revenue
45.73M
Net Income
7.25M
Gross Margin
31.8%
Profit Margin
15.9%
Rev Growth
+6.0%
D/E Ratio
Revenue & Net Income
Margin Trends
FY 2026 FY 2025 FY 2024 FY 2023
Gross Margin 31.8% 31.8% 59.5% 59.5%
Operating Margin 22.1% 19.9% 9.5% 8.2%
Profit Margin 15.9% 15.1% 8.5% 7.2%
Income Statement
FY 2026 FY 2025 FY 2024 FY 2023
Revenue 45.73M 43.15M 10.11M 8.65M
Gross Profit 14.56M 13.74M 6.01M 5.14M
Operating Income 10.10M 8.58M 960.4K 712.3K
Net Income 7.25M 6.16M 854.1K 622.1K
Gross Margin 31.8% 31.8% 59.5% 59.5%
Operating Margin 22.1% 19.9% 9.5% 8.2%
Profit Margin 15.9% 15.1% 8.5% 7.2%
Rev Growth +6.0% +6.0% +1.5% +14.0%
Balance Sheet
FY 2026 FY 2025 FY 2024 FY 2023
Total Debt 0 0 6.51M 6.46M
Total Equity 8.92M 8.93M
D/E Ratio 0.73 0.72
Cash Flow
FY 2026 FY 2025 FY 2024 FY 2023
EBITDA 10.15M 9.10M 1.19M 887.7K
Free Cash Flow 689.5K 520.6K