Wetouch Technology (WETH) Net Income (2020 - 2026)
Wetouch Technology's Net Income was $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) Net Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wetouch Technology's Net Income was $8.39 million through Jun 30, 2026, up 10.7% year-over-year; for FY2025, it came in at $7.16 million, up 18.7% from FY2024.
- Net Income shows a five-year compound annual growth rate of -4.3% (FY2020 to FY2025).
- In earlier years, Net Income was $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 Net Income has moved between -$2.06 million (Q4 2023) and $4.67 million (Q2 2023) over five years.
- Compared with a year earlier, Net Income was higher in two of the last six quarters, with growth averaging 62.8%.
- The best year-over-year quarter for Net Income over five years was Q1 2025 (growth of 358.6%); the worst was Q1 2024 (a decline of 80.0%).
- Per Business Quant data, WETH's Net Income in the three quarters before Q2 2026 was $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) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 29.79 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 3.86 Bn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 4.13 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 1.21 Bn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 6.90 Bn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 1.29 Bn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 3.20 Bn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | 2.81 Bn |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 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 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=net-income&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "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=net-income&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();