Wetouch Technology Inc.WETHEarnings & Financial Report
Wetouch Technology Inc. is a global provider of advanced touch panel solutions, specializing in capacitive touchscreens, custom touch modules and interactive display components. It serves core markets including consumer electronics, automotive, industrial control, and smart home sectors, supplying tailored hardware products to leading global brand partners.
WETH Q3 FY2025 Key Financial Metrics
Revenue
$3.8M
Gross Profit
$-4.4M
Operating Profit
$3.1M
Net Profit
$2.5M
Gross Margin
-115.4%
Operating Margin
82.1%
Net Margin
66.4%
YoY Growth
-7.3%
EPS
$0.21
Wetouch Technology Inc. Q3 FY2025 Financial Summary
Wetouch Technology Inc. reported revenue of $3.8M (down 7.3% YoY) for Q3 FY2025, with a net profit of $2.5M (down 5.0% YoY) (66.4% margin).
Key Financial Metrics
| Total Revenue | $3.8M |
|---|---|
| Net Profit | $2.5M |
| Gross Margin | N/A |
| Operating Margin | 82.1% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
Wetouch Technology Inc. Q3 FY2025 revenue of $3.8M breaks down across 2 segments, led by CN at $2.0M (53.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| CN | $2.0M | 53.3% |
| Other | $1.8M | 46.7% |
Wetouch Technology Inc. Revenue by Segment — Quarterly Trend
Wetouch Technology Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as CN and Other) has evolved quarter over quarter.
| Segment | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 | Q3 FY2024 |
|---|---|---|---|---|
| CN | $2.0M | $2.2M | — | — |
| Other | $1.8M | $1.8M | $2.7M | $1.9M |
Wetouch Technology Inc. Annual Revenue by Year
Wetouch Technology Inc. annual revenue history includes year-by-year totals (for example, 2023 revenue was $39.7M).
Wetouch Technology Inc. Quarterly Revenue & Net Profit History
Wetouch Technology Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2025 | $3.8M | -7.3% | $2.5M | 66.4% |
| Q2 FY2025 | $4.0M | -8.3% | $2.2M | 56.0% |
| Q1 FY2025 | $5.0M | -9.3% | $2.6M | 51.4% |
| Q3 FY2024 | $4.1M | -63.1% | $2.7M | 64.8% |
| Q2 FY2024 | $4.4M | -65.8% | $2.7M | 61.9% |
| Q1 FY2024 | $5.5M | -59.0% | $558.9K | 10.2% |
| Q4 FY2023 | $2.4M | -7.0% | $-2.1M | -86.8% |
| Q3 FY2023 | $11.1M | -4.3% | $2.9M | 25.7% |
Income Statement
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.1M | $2.4M | $5.5M | $4.4M | $4.1M | $5.0M | $4.0M | $3.8M |
| YoY Growth | -4.3% | -7.0% | -59.0% | -65.8% | -63.1% | -9.3% | -8.3% | -7.3% |
Balance Sheet
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $119.4M | $119.6M | $123.1M | $125.9M | $133.1M | $133.7M | $137.0M | $139.9M |
| Liabilities | $7.7M | $6.7M | $2.6M | $3.4M | $3.7M | $5.8M | $5.2M | $4.7M |
| Equity | $111.7M | $112.9M | $120.5M | $122.5M | $129.5M | $127.9M | $131.8M | $135.2M |
Cash Flow
| Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $2.2M | $3.7M | $-9.2M | $3.9M | $4.6M | $2.0M | $2.6M | $3.8M |