Wetouch Technology Inc.WETHEarnings & Financial Report
Nasdaq
WETH Q3 2025 Key Financial Metrics
Revenue
$3.8M
Gross Profit
$4.0M
Operating Profit
$3.1M
Net Profit
$2.5M
Gross Margin
104.5%
Operating Margin
82.1%
Net Margin
66.4%
YoY Growth
-7.3%
EPS
$0.21
Financial Flow
Wetouch Technology Inc. Q3 2025 Financial Summary
Wetouch Technology Inc. reported revenue of $3.8M for Q3 2025, with a net profit of $2.5M (66.4% margin). Cost of goods sold was $-171.0K, operating expenses totaled $852.5K.
Key Financial Metrics
| Total Revenue | $3.8M |
|---|---|
| Net Profit | $2.5M |
| Gross Margin | 104.5% |
| Operating Margin | 82.1% |
| Report Period | Q3 2025 |
Wetouch Technology Inc. Annual Revenue by Year
Wetouch Technology Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $14.9M).
| Year | Annual Revenue |
|---|---|
| 2024 | $14.9M |
| 2023 | $39.7M |
| 2022 | $37.9M |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.4M | $5.5M | $4.4M | $4.1M | $961304 | $5.0M | $4.0M | $3.8M |
| YoY Growth | -7.0% | -59.0% | -65.8% | -63.1% | -59.5% | -9.3% | -8.3% | -7.3% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $119.6M | $123.1M | $125.9M | $133.1M | $128.0M | $133.7M | $137.0M | $139.9M |
| Liabilities | $6.7M | $2.6M | $3.4M | $3.7M | $3.4M | $5.8M | $5.2M | $4.7M |
| Equity | $112.9M | $120.5M | $122.5M | $129.5M | $124.6M | $127.9M | $131.8M | $135.2M |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.7M | $-9.2M | $3.9M | $4.6M | $1.8M | $2.0M | $2.6M | $3.8M |