Wetouch Technology (WETH) Change in Taxes (2020 - 2026)
Wetouch Technology (WETH) posted quarterly Change in Taxes of $1.2 million for Q1 2026, down 7.15% year-over-year from $1.3 million in Q1 2025, and up 227.73% quarter-over-quarter from -$938045.0 in Q4 2025.
Wetouch Technology (WETH) Change in Taxes (2020 - 2026) Analysis & Trends
Wetouch Technology's Change in Taxes history runs 7 years deep, the most recent figure standing at $1.2 million for Q1 2026.
- In Q1 2026, Change in Taxes fell 7.15% year-over-year to $1.2 million; the TTM figure through Mar 2026 stood at -$340958.0 (down 126.67% YoY), while the FY2025 annual figure was -$248654.0, down 138.26% from the prior year.
- Change in Taxes for Q1 2026 stood at $1.2 million, up from -$938045.0 in the prior quarter.
- The five-year high for Change in Taxes was $1.4 million in Q1 2023, with the low at -$1.2 million in Q4 2022.
- The 5-year median for Change in Taxes is $96419.0 (2022), against an average of $90396.5.
- The sharpest annual moves came in 2023 and 2024: Change in Taxes slumped 494.55% in 2023, then jumped 161.19% in 2024.
- Wetouch Technology's Change in Taxes stood at -$1.2 million in 2022, then climbed by 4.58% to -$1.2 million in 2023, then soared by 72.72% to -$325311.0 in 2024, then tumbled by 188.35% to -$938045.0 in 2025, then surged by 227.73% to $1.2 million in 2026.
- Business Quant data shows WETH's Change in Taxes at $1.2 million in Q1 2026, -$938045.0 in Q4 2025, and -$166770.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 386.99 Bn | 380.88 Bn | 3.55 Bn | - |
| 2 | Corning | 129.35 Bn | 126.84 Bn | 1.63 Bn | - |
| 3 | TE Connectivity | 58.98 Bn | 57.74 Bn | 1.84 Bn | -10.00 Mn |
| 4 | Flex | 40.38 Bn | 37.54 Bn | 747.00 Mn | - |
| 5 | Celestica | 34.01 Bn | 33.48 Bn | 577.50 Mn | - |
| 6 | Jabil | 32.97 Bn | 31.61 Bn | 828.00 Mn | - |
| 7 | Fabrinet | 15.62 Bn | 14.74 Bn | 158.05 Mn | 55.86 Mn |
| 8 | Ttm Technologies | 11.50 Bn | 10.99 Bn | 211.86 Mn | - |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | - |
| 10 | Wetouch Technology | 15.46 Mn | -112.06 Mn | 4.88 Mn | -278,881.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.20 Mn |
| Mar 31, 2026 | 1.20 Mn |
| Dec 31, 2025 | -938,045.00 |
| Dec 31, 2025 | -938,045.00 |
| Sep 30, 2025 | -166,770.00 |
| Sep 30, 2025 | -166,770.00 |
| Jun 30, 2025 | -434,268.00 |
| Jun 30, 2025 | -434,268.00 |
| Mar 31, 2025 | 1.29 Mn |
| Mar 31, 2025 | 1.29 Mn |
| Dec 31, 2024 | -325,311.00 |
| Dec 31, 2024 | -325,311.00 |
| Sep 30, 2024 | -126,534.00 |
| Sep 30, 2024 | -126,534.00 |
| Jun 30, 2024 | 439,912.00 |
| Jun 30, 2024 | 439,912.00 |
| Mar 31, 2024 | 661,848.00 |
| Mar 31, 2024 | 661,848.00 |
| Dec 31, 2023 | -1.19 Mn |
| Dec 31, 2023 | -1.19 Mn |