Wetouch Technology (WETH) Net Margin (2020 - 2026)
Wetouch Technology (WETH) recorded Net Margin of 15.46% in Q2 2026, down 2.59 percentage points from 18.05% a year earlier and down 8.24 percentage points from the prior quarter.
Wetouch Technology (WETH) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Wetouch Technology's Net Margin came in at 17.57% as of Jun 30, 2026, down 0.10 percentage points year-over-year; for FY2025, it was 15.86%, up 1.60 percentage points from FY2024.
- Annual Net Margin has a five-year change of -12.63 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 14.26% in FY2024 (-6.55 pp), 20.81% in FY2023 (-2.21 pp), 23.02% in FY2022 (-19.61 pp) and 42.63% in FY2021 (+14.14 pp).
- Quarterly Net Margin has ranged from -86.79% in Q4 2023 to 36.58% in Q2 2023 over the past five years.
- On a year-over-year basis, Net Margin rose in three of the last eight quarters, with an average year-over-year change of +11.49 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 89.82 percentage points in Q4 2024, against a drop of 84.75 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 23.70% (Q1 2026), -3.26% (Q4 2025) and 20.75% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 77.00% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 35.66% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 85.27% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 12.33% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.61% |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | 15.46% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.46% |
| Mar 31, 2026 | 23.70% |
| Dec 31, 2025 | -3.26% |
| Sep 30, 2025 | 20.75% |
| Jun 30, 2025 | 18.05% |
| Mar 31, 2025 | 16.76% |
| Dec 31, 2024 | 3.03% |
| Sep 30, 2024 | 23.06% |
| Jun 30, 2024 | 22.08% |
| Mar 31, 2024 | 3.76% |
| Dec 31, 2023 | -86.79% |
| 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% |
Wetouch Technology Net 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=net-margin&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();