Wetouch Technology (WETH) Tax Provisions (2020 - 2026)
Wetouch Technology (WETH) posted quarterly Tax Provisions of $1.2 million for Q1 2026, down 15.87% year-over-year from $1.5 million in Q1 2025, and up 2850.7% quarter-over-quarter from $42098.0 in Q4 2025.
Wetouch Technology (WETH) Tax Provisions (2020 - 2026) Analysis & Trends
Wetouch Technology's Tax Provisions history runs 7 years deep, the most recent figure standing at $1.2 million for Q1 2026.
- In Q1 2026, Tax Provisions fell 15.87% year-over-year to $1.2 million; the TTM figure through Mar 2026 stood at $2.8 million (down 24.37% YoY), while the FY2025 annual figure was $3.0 million, up 5.73% from the prior year.
- Tax Provisions for Q1 2026 stood at $1.2 million, up from $42098.0 in the prior quarter.
- The five-year high for Tax Provisions was $1.6 million in Q2 2023, with the low at -$39785.0 in Q4 2022.
- The 5-year median for Tax Provisions is $1.0 million (2022), against an average of $856102.2.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions sank 150.95% in 2022, then surged 546.93% in 2024.
- Wetouch Technology's Tax Provisions stood at -$39785.0 in 2022, then soared by 31.95% to -$27073.0 in 2023, then soared by 546.93% to $120998.0 in 2024, then slumped by 65.21% to $42098.0 in 2025, then soared by 2850.7% to $1.2 million in 2026.
- Business Quant data shows WETH's Tax Provisions at $1.2 million in Q1 2026, $42098.0 in Q4 2025, and $635679.0 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 380.14 Bn | 374.04 Bn | 3.55 Bn | 604.30 Mn |
| 2 | Corning | 128.88 Bn | 126.37 Bn | 1.63 Bn | 40.00 Mn |
| 3 | TE Connectivity | 59.13 Bn | 57.90 Bn | 1.84 Bn | 223.00 Mn |
| 4 | Flex | 40.06 Bn | 37.22 Bn | 747.00 Mn | 92.00 Mn |
| 5 | Celestica | 34.10 Bn | 33.56 Bn | 577.50 Mn | 94.80 Mn |
| 6 | Jabil | 32.99 Bn | 31.63 Bn | 828.00 Mn | 91.00 Mn |
| 7 | Fabrinet | 15.34 Bn | 14.47 Bn | 158.05 Mn | 60.46 Mn |
| 8 | Ttm Technologies | 11.58 Bn | 11.07 Bn | 211.86 Mn | -1.80 Mn |
| 9 | Littelfuse | 10.35 Bn | 9.72 Bn | 306.06 Mn | 27.66 Mn |
| 10 | Wetouch Technology | 15.65 Mn | -111.86 Mn | 4.88 Mn | 1.08 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.24 Mn |
| Dec 31, 2025 | 42,098.00 |
| Sep 30, 2025 | 635,679.00 |
| Jun 30, 2025 | 860,267.00 |
| Mar 31, 2025 | 1.48 Mn |
| Dec 31, 2024 | 120,998.00 |
| Sep 30, 2024 | 979,436.00 |
| Jun 30, 2024 | 1.10 Mn |
| Mar 31, 2024 | 661,848.00 |
| Dec 31, 2023 | -27,073.00 |
| Sep 30, 2023 | 1.15 Mn |
| Jun 30, 2023 | 1.56 Mn |
| Mar 31, 2023 | 1.41 Mn |
| Dec 31, 2022 | -39,785.00 |
| Sep 30, 2022 | 1.23 Mn |
| Jun 30, 2022 | 1.16 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 78,090.00 |
| Sep 30, 2021 | 1.09 Mn |
| Jun 30, 2021 | 1.89 Mn |