Wetouch Technology (WETH) Tax Provisions (2020 - 2026)

Wetouch Technology has reported Tax Provisions for 7 years, with the latest figure at $1.2 million in Q1 2026.

• For the quarter ending Q1 2026, Tax Provisions fell 15.49% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $2.8 million (down 21.52% YoY), and the FY2025 full-year result was $3.0 million, up 11.06% from the prior year.
• Tax Provisions for Q1 2026 stood at $1.2 million, up from $14843.0 in the prior quarter.
• The five-year high for Tax Provisions was $1.6 million in Q2 2023, with the low at -$40932.0 in Q4 2024.
• Historically, Tax Provisions has averaged $844715.9 across 5 years, with a median of $1.0 million in 2022.
• Annual changes were most pronounced in 2022 — Tax Provisions slumped 150.95% — and 2025, when it soared 136.26%.
• Wetouch Technology's Tax Provisions stood at -$39785.0 in 2022, then soared by 31.95% to -$27073.0 in 2023, then plunged by 51.19% to -$40932.0 in 2024, then soared by 136.26% to $14843.0 in 2025, then surged by 8275.56% to $1.2 million in 2026.
• The last three Tax Provisions figures came in at $1.2 million (Q1 2026), $14843.0 (Q4 2025), and $635679.0 (Q3 2025), per Business Quant data.