Wetouch Technology (WETH) Change in Taxes (2020 - 2026)
Wetouch Technology (WETH) reported Change in Taxes of $1.2 million for Q1 2026, down 7.15% on a YoY basis 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 has reported Change in Taxes for 7 years, with the latest figure at $1.2 million in Q1 2026.
- For the quarter ending Q1 2026, Change in Taxes fell 7.15% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at -$340958.0 (down 126.67% YoY), and the FY2025 full-year result 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.
- Historically, Change in Taxes has averaged $90396.5 across 5 years, with a median of $96419.0 in 2022.
- Annual changes were most pronounced in 2023 — Change in Taxes tumbled 494.55% — and 2024, when it surged 161.19%.
- 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.
- The last three Change in Taxes figures came in at $1.2 million (Q1 2026), -$938045.0 (Q4 2025), and -$166770.0 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 201.92 Bn | 196.89 Bn | 2.80 Bn | - |
| 2 | Corning | 167.41 Bn | 166.19 Bn | 1.53 Bn | - |
| 3 | TE Connectivity | 63.90 Bn | 62.94 Bn | 1.75 Bn | -129.00 Mn |
| 4 | Flex | 54.73 Bn | 53.09 Bn | 702.00 Mn | - |
| 5 | Celestica | 42.91 Bn | 42.53 Bn | 437.20 Mn | - |
| 6 | Jabil | 39.52 Bn | 37.70 Bn | 746.00 Mn | - |
| 7 | Ttm Technologies | 22.37 Bn | 21.95 Bn | 181.18 Mn | - |
| 8 | Fabrinet | 20.58 Bn | 19.64 Bn | 144.34 Mn | -387,000.00 |
| 9 | Vicor | 15.04 Bn | 14.64 Bn | 62.37 Mn | 23,000.00 |
| 10 | Wetouch Technology | 16.35 Mn | -104.17 Mn | 5.82 Mn | 1.20 Mn |
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 |