Wetouch Technology (WETH) Tax Provisions (2020 - 2026)
Wetouch Technology's Tax Provisions was $1.02 million in Q2 2026, up 16.9% from $876,722 a year earlier but down 17.6% from the prior quarter.
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Analysis
Wetouch Technology (WETH) Tax Provisions (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Wetouch Technology's Tax Provisions was $2.92 million through Jun 30, 2026, down 10.0% year-over-year; for FY2025, it was $3 million, up 12.8% from FY2024.
- Tax Provisions shows a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- In earlier years, Tax Provisions was $2.66 million in FY2024 (-34.9%), $4.08 million in FY2023 (+21.8%), $3.35 million in FY2022 (-24.0%) and $4.41 million in FY2021 (+184.6%).
- Quarterly Tax Provisions has moved between -$82,925 (Q4 2024) and $1.56 million (Q2 2023) over five years.
- Compared with a year earlier, Tax Provisions was higher in two of the last six quarters, with growth averaging 8.9%.
- The best year-over-year quarter for Tax Provisions over five years was Q1 2025 (growth of 122.3%); the worst was Q4 2021 (a decline of 82.3%).
- Per Business Quant data, WETH's Tax Provisions in the three quarters before Q2 2026 was $1.24 million (Q1 2026), $14,843 (Q4 2025) and $635,679 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,150.22 Bn | 4,895.69 Bn | 54.82 Bn | 5.42 Bn |
| 2 | Cisco Systems | 390.67 Bn | 326.60 Bn | 11.06 Bn | 1.07 Bn |
| 3 | Arista Networks | 234.99 Bn | 184.19 Bn | 2.33 Bn | 355.10 Mn |
| 4 | Dell Technologies | 223.66 Bn | 179.42 Bn | 9.83 Bn | 998.00 Mn |
| 5 | Sony | 161.53 Bn | 96.07 Bn | 7.96 Bn | 1.04 Bn |
| 6 | Sandisk | 129.94 Bn | 114.77 Bn | 9.38 Bn | 1.22 Bn |
| 7 | Seagate Technology Holdings | 115.51 Bn | 110.35 Bn | 2.43 Bn | 221.00 Mn |
| 8 | Western Digital | 105.83 Bn | 95.66 Bn | 2.53 Bn | 259.00 Mn |
| 9 | Hewlett Packard Enterprise | 63.65 Bn | 41.53 Bn | 4.93 Bn | 222.00 Mn |
| 10 | Wetouch Technology | 10.17 Mn | -469.43 Mn | 4.88 Mn | 1.02 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.02 Mn |
| Mar 31, 2026 | 1.24 Mn |
| Dec 31, 2025 | 14,843.00 |
| Sep 30, 2025 | 635,679.00 |
| Jun 30, 2025 | 876,722.00 |
| Mar 31, 2025 | 1.47 Mn |
| Dec 31, 2024 | -82,925.00 |
| 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 |
API Access
Wetouch Technology Tax Provisions 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=tax-provisions&ticker=WETH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();