Wetouch Technology (WETH) Gross Margin (2020 - 2026)
Wetouch Technology (WETH) recorded Gross Margin of 34.88% in Q2 2026, up 1.78 percentage points from 33.11% a year earlier but down 0.82 percentage points from the prior quarter.
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Analysis
Wetouch Technology (WETH) Gross Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Wetouch Technology's Gross Margin came in at 32.10% as of Jun 30, 2026, down 3.26 percentage points year-over-year; for FY2025, it came in at 31.84%, down 0.34 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -17.96 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 32.18% in FY2024 (-11.11 pp), 43.30% in FY2023 (+6.25 pp), 37.05% in FY2022 (-8.14 pp) and 45.19% in FY2021 (-4.61 pp).
- Quarterly Gross Margin has ranged from -14.62% in Q4 2022 to 48.95% in Q2 2023 over the past five years.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of +0.65 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 21.67 percentage points in Q4 2024, against a drop of 31.80 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 35.70% (Q1 2026), 12.17% (Q4 2025) and 32.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 36.70% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 40.34% |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | 34.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 34.88% |
| 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 | 22.44% |
| Dec 31, 2023 | 5.09% |
| 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 | 16.17% |
| Sep 30, 2021 | 42.95% |
API Access
Wetouch Technology Gross Margin 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=gross-margin&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();