Wetouch Technology (WETH) Consolidated Net Income (2020 - 2026)
Wetouch Technology (WETH) recorded Consolidated Net Income of $2.16 million in Q2 2026, down 3.5% from $2.24 million a year earlier and down 44.0% from the prior quarter.
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Analysis
Wetouch Technology (WETH) Consolidated Net Income (2020 - 2026) Analysis & Trends
On a TTM basis, Wetouch Technology's Consolidated Net Income came in at $8.39 million as of Jun 30, 2026, up 10.7% year-over-year; for FY2025, it was $7.16 million, up 18.7% from FY2024.
- Annual Consolidated Net Income has a five-year compound annual growth rate of -4.3% (FY2020 to FY2025).
- Across earlier years, Consolidated Net Income came in at $6.03 million in FY2024 (-27.0%), $8.26 million in FY2023 (-5.3%), $8.73 million in FY2022 (-49.8%) and $17.39 million in FY2021 (+94.7%).
- Quarterly Consolidated Net Income has ranged from -$2.06 million in Q4 2023 to $4.67 million in Q2 2023 over the past five years.
- On a year-over-year basis, Consolidated Net Income rose in two of the last six quarters, with growth averaging 62.8%.
- Peak year-over-year performance for Consolidated Net Income in the last five years was growth of 358.6% in Q1 2025, against a decline of 80.0% in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $3.87 million (Q1 2026), -$171,232 (Q4 2025) and $2.53 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,825.63 Bn | 4,573.12 Bn | 54.77 Bn | 29.79 Bn |
| 2 | Cisco Systems | 429.17 Bn | 365.10 Bn | 11.06 Bn | 3.86 Bn |
| 3 | Dell Technologies | 346.69 Bn | 302.44 Bn | 9.83 Bn | 4.13 Bn |
| 4 | Sandisk | 261.00 Bn | 249.52 Bn | 7.58 Bn | 6.90 Bn |
| 5 | Arista Networks | 257.88 Bn | 211.33 Bn | 1.91 Bn | 1.21 Bn |
| 6 | Seagate Technology Holdings | 214.45 Bn | 209.44 Bn | 1.90 Bn | 1.29 Bn |
| 7 | Western Digital | 166.98 Bn | 155.11 Bn | 2.03 Bn | 3.20 Bn |
| 8 | Sony | 144.46 Bn | 94.85 Bn | 6.53 Bn | 2.81 Bn |
| 9 | Lumentum Holdings | 92.66 Bn | 84.47 Bn | 477.30 Mn | -7.16 Bn |
| 10 | Wetouch Technology | 12.53 Mn | -467.06 Mn | 4.88 Mn | 2.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.16 Mn |
| Mar 31, 2026 | 3.87 Mn |
| Dec 31, 2025 | -171,232.00 |
| Sep 30, 2025 | 2.53 Mn |
| Jun 30, 2025 | 2.24 Mn |
| Mar 31, 2025 | 2.56 Mn |
| Dec 31, 2024 | 109,895.00 |
| Sep 30, 2024 | 2.66 Mn |
| Jun 30, 2024 | 2.70 Mn |
| Mar 31, 2024 | 558,870.00 |
| Dec 31, 2023 | -2.06 Mn |
| Sep 30, 2023 | 2.86 Mn |
| Jun 30, 2023 | 4.67 Mn |
| Mar 31, 2023 | 2.79 Mn |
| Dec 31, 2022 | -52,296.00 |
| Sep 30, 2022 | 3.29 Mn |
| Jun 30, 2022 | 2.93 Mn |
| Mar 31, 2022 | 2.56 Mn |
| Dec 31, 2021 | 682,142.00 |
| Sep 30, 2021 | 3.28 Mn |
API Access
Wetouch Technology Consolidated Net Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "ticker": "WETH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=consolidated-net-income&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();