Wetouch Technology (WETH) Net Margin (2020 - 2026)
Wetouch Technology (WETH) reported Net Margin of 23.7% for Q1 2026, up 694.0% on a YoY basis from 2.99% in Q1 2025, and up 826.43% quarter-over-quarter from 3.26% in Q4 2025.
Wetouch Technology (WETH) Net Margin (2020 - 2026) Analysis & Trends
Wetouch Technology has reported Net Margin for 7 years, with the latest figure at 23.7% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 694.0% year-over-year to 23.7%; the trailing twelve-month figure through Mar 2026 stood at 18.37% (down 35.0% YoY), and the FY2025 full-year result was 15.86%, up 170.0% from the prior year.
- Net Margin for Q1 2026 stood at 23.7%, up from 3.26% in the prior quarter.
- The five-year high for Net Margin was 36.58% in Q2 2023, with the low at 3.26% in Q4 2025.
- Historically, Net Margin has averaged 18.25% across 5 years, with a median of 21.33% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin slumped 5740 bps — and 2023, when it jumped 2338 bps.
- Wetouch Technology's Net Margin stood at 2.05% in 2022, then soared by 1141 bps to 21.33% in 2023, then slumped by 91 bps to 1.87% in 2024, then slumped by 274 bps to 3.26% in 2025, then soared by 826 bps to 23.7% in 2026.
- The last three Net Margin figures came in at 23.7% (Q1 2026), 3.26% (Q4 2025), and 20.75% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 12.38% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 9.85% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | - |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 3.34% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 4.59% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 2.68% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 10.31% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 5.91% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 2.44% |
| 10 | Wetouch Technology | 15.75 Mn | -104.77 Mn | 5.82 Mn | 23.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.70% |
| Dec 31, 2025 | -3.26% |
| Sep 30, 2025 | 20.75% |
| Jun 30, 2025 | 18.18% |
| Mar 31, 2025 | 16.76% |
| Dec 31, 2024 | 1.87% |
| Sep 30, 2024 | 23.06% |
| Jun 30, 2024 | 22.08% |
| Mar 31, 2024 | 10.16% |
| Dec 31, 2023 | 21.33% |
| Sep 30, 2023 | 25.70% |
| Jun 30, 2023 | 36.58% |
| Mar 31, 2023 | 20.79% |
| Dec 31, 2022 | -2.05% |
| Sep 30, 2022 | 28.30% |
| Jun 30, 2022 | 24.94% |
| Mar 31, 2022 | 21.36% |
| Dec 31, 2021 | 18.58% |
| Sep 30, 2021 | 29.33% |
| Jun 30, 2021 | 33.26% |