Wetouch Technology (WETH) Gross Margin (2020 - 2026)
Wetouch Technology (WETH) posted quarterly Gross Margin of 35.7% for Q1 2026, down 120.0% year-over-year from 178.5% in Q1 2025, and up 193.38% quarter-over-quarter from 12.17% in Q4 2025.
Wetouch Technology (WETH) Gross Margin (2020 - 2026) Analysis & Trends
Wetouch Technology's Gross Margin history runs 7 years deep, the most recent figure standing at 35.7% for Q1 2026.
- In Q1 2026, Gross Margin fell 120.0% year-over-year to 35.7%; the TTM figure through Mar 2026 stood at 31.53% (down 574.0% YoY), while the FY2025 annual figure was 31.84%, down 34.0% from the prior year.
- Gross Margin for Q1 2026 stood at 35.7%, up from 12.17% in the prior quarter.
- The five-year high for Gross Margin was 60.66% in Q1 2024, with the low at 14.62% in Q4 2022.
- The 5-year median for Gross Margin is 36.9% (2025), against an average of 32.92%.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 3037 bps in 2022, then soared 2802 bps in 2024.
- Wetouch Technology's Gross Margin stood at 14.62% in 2022, then jumped by 91 bps to 1.25% in 2023, then surged by 2238 bps to 26.76% in 2024, then slumped by 55 bps to 12.17% in 2025, then jumped by 193 bps to 35.7% in 2026.
- Business Quant data shows WETH's Gross Margin at 35.7% in Q1 2026, 12.17% in Q4 2025, and 32.67% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 41.43% |
| 10 | Wetouch Technology | 15.33 Mn | -112.18 Mn | 4.88 Mn | 34.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.70% |
| Dec 31, 2025 | 12.17% |
| Sep 30, 2025 | 32.67% |
| Jun 30, 2025 | 33.11% |
| Mar 31, 2025 | 36.90% |
| Dec 31, 2024 | 26.76% |
| Sep 30, 2024 | 38.45% |
| Jun 30, 2024 | 39.73% |
| Mar 31, 2024 | 60.66% |
| Dec 31, 2023 | -1.25% |
| Sep 30, 2023 | 42.95% |
| Jun 30, 2023 | 48.95% |
| Mar 31, 2023 | 44.95% |
| Dec 31, 2022 | -14.62% |
| Sep 30, 2022 | 43.55% |
| Jun 30, 2022 | 42.98% |
| Mar 31, 2022 | 35.94% |
| Dec 31, 2021 | 15.75% |
| Sep 30, 2021 | 42.95% |
| Jun 30, 2021 | 51.86% |