Wetouch Technology (WETH) Gross Margin (2020 - 2026)

Wetouch Technology has reported Gross Margin for 7 years, with the latest figure at 35.7% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 120.0% year-over-year to 35.7%; the trailing twelve-month figure through Mar 2026 stood at 31.53% (down 574.0% YoY), and the FY2025 full-year result 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.
• Historically, Gross Margin has averaged 32.92% across 5 years, with a median of 36.9% in 2025.
• Annual changes were most pronounced in 2022 — Gross Margin plunged 3079 bps — and 2024, when it jumped 2802 bps.
• 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.
• The last three Gross Margin figures came in at 35.7% (Q1 2026), 12.17% (Q4 2025), and 32.67% (Q3 2025), per Business Quant data.