Wetouch Technology (WETH) Operating Margin (2020 - 2026)
Wetouch Technology (WETH) recorded Operating Margin of 22.60% in Q2 2026, down 2.22 percentage points from 24.82% a year earlier and down 8.58 percentage points from the prior quarter.
Wetouch Technology (WETH) Operating Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Wetouch Technology's Operating Margin came in at 23.38% as of Jun 30, 2026, down 0.74 percentage points year-over-year; for FY2025, it was 22.08%, up 0.04 percentage points from FY2024.
- Annual Operating Margin has a five-year change of -15.82 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 22.04% in FY2024 (-9.82 pp), 31.86% in FY2023 (+1.76 pp), 30.10% in FY2022 (-0.85 pp) and 30.95% in FY2021 (-6.95 pp).
- Quarterly Operating Margin has ranged from -85.51% in Q4 2023 to 47.71% in Q2 2023 over the past five years.
- On a year-over-year basis, Operating Margin rose in four of the last eight quarters, with an average year-over-year change of +9.55 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 80.12 percentage points in Q4 2024, against a drop of 53.85 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.18% (Q1 2026), -4.11% (Q4 2025) and 25.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 78.49% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 42.96% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 41.71% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 16.79% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 11.41% |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | 22.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.60% |
| Mar 31, 2026 | 31.18% |
| Dec 31, 2025 | -4.11% |
| Sep 30, 2025 | 25.67% |
| Jun 30, 2025 | 24.82% |
| Mar 31, 2025 | 25.98% |
| Dec 31, 2024 | -5.39% |
| Sep 30, 2024 | 30.19% |
| Jun 30, 2024 | 30.45% |
| Mar 31, 2024 | 15.49% |
| Dec 31, 2023 | -85.51% |
| Sep 30, 2023 | 38.53% |
| Jun 30, 2023 | 47.71% |
| Mar 31, 2023 | 32.01% |
| Dec 31, 2022 | -31.66% |
| Sep 30, 2022 | 40.77% |
| Jun 30, 2022 | 34.49% |
| Mar 31, 2022 | 28.60% |
| Dec 31, 2021 | -0.77% |
| Sep 30, 2021 | 38.86% |
Wetouch Technology Operating 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=operating-margin&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();