Wetouch Technology (WETH) Operating Income (2020 - 2026)
Wetouch Technology (WETH) posted Operating Income of $3.2 million for Q2 2026, down 37.77% on a QoQ basis from $5.1 million in Q1 2026, and up 2.66% year-over-year from $3.1 million in Q2 2025.
Analysis
Wetouch Technology (WETH) Operating Income (2020 - 2026) Analysis & Trends
Wetouch Technology has reported Operating Income for 7 years, with the latest figure at $3.2 million in Q2 2026.
- On a quarterly basis, Operating Income rose 2.66% year-over-year to $3.2 million in Q2 2026; TTM through Jun 2026 was $11.2 million, a 7.92% increase from a year earlier, with the FY2025 full-year figure at $10.0 million, up 6.96% from the prior year.
- Operating Income was $3.2 million for Q2 2026 at Wetouch Technology, down from $5.1 million in the prior quarter.
- The five-year high for Operating Income was $6.1 million in Q2 2023, with the low at -$2.0 million in Q4 2023.
- Average Operating Income over 5 years is $2.9 million, with a median of $3.5 million recorded in 2022.
- The largest YoY upside for Operating Income was 147.24% in 2022 against a maximum downside of 2746.88% in 2022.
- Over 5 years, Operating Income stood at -$808116.0 in 2022, then sank by 151.25% to -$2.0 million in 2023, then jumped by 90.36% to -$195797.0 in 2024, then decreased by 10.12% to -$215618.0 in 2025, then soared by 1567.87% to $3.2 million in 2026.
- The last three Operating Income figures came in at $3.2 million (Q2 2026), $5.1 million (Q1 2026), and -$215618.0 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Lumentum Holdings | 73.85 Bn | 71.11 Bn | 477.30 Mn | 279.30 Mn |
| 2 | Coherent | 53.87 Bn | 51.88 Bn | 787.08 Mn | -979.95 Mn |
| 3 | Zebra Technologies | 16.44 Bn | 16.28 Bn | 825.00 Mn | 321.00 Mn |
| 4 | Littelfuse | 10.68 Bn | 10.05 Bn | 306.06 Mn | 119.72 Mn |
| 5 | Vishay Intertechnology | 4.34 Bn | 3.04 Bn | 207.38 Mn | 53.53 Mn |
| 6 | LG Display | 3.21 Bn | 2.14 Bn | 509.35 Mn | -71.81 Mn |
| 7 | Knowles | 3.07 Bn | 3.02 Bn | 74.60 Mn | 24.70 Mn |
| 8 | Bel Fuse | 2.78 Bn | 2.47 Bn | 83.97 Mn | 38.42 Mn |
| 9 | Hesai | 2.56 Bn | 1.58 Bn | 50.88 Mn | 324,000.00 |
| 10 | Wetouch Technology | 14.35 Mn | -113.16 Mn | 4.88 Mn | 3.16 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.16 Mn |
| Mar 31, 2026 | 5.09 Mn |
| Dec 31, 2025 | -215,618.00 |
| Sep 30, 2025 | 3.13 Mn |
| Jun 30, 2025 | 3.08 Mn |
| Mar 31, 2025 | 3.97 Mn |
| Dec 31, 2024 | -195,797.00 |
| Sep 30, 2024 | 3.48 Mn |
| Jun 30, 2024 | 3.73 Mn |
| Mar 31, 2024 | 2.30 Mn |
| Dec 31, 2023 | -2.03 Mn |
| Sep 30, 2023 | 4.29 Mn |
| Jun 30, 2023 | 6.09 Mn |
| Mar 31, 2023 | 4.30 Mn |
| Dec 31, 2022 | -808,116.00 |
| Sep 30, 2022 | 4.74 Mn |
| Jun 30, 2022 | 4.05 Mn |
| Mar 31, 2022 | 3.43 Mn |
| Dec 31, 2021 | -28,386.00 |
| Sep 30, 2021 | 4.34 Mn |