SequelSEC

Wetouch Technology Inc. WETH

Computer Peripheral Equipment, NEC · CIK 0001826660 · Fiscal year ends 1231

AnnualQuarterlyTTM
Revenue
$14.00M
Fiscal year ended 2026-06-30
Operating income
$3.16M
Fiscal year ended 2026-06-30
Free cash flow
Unavailable
Fiscal year ended 2026-06-30

Wetouch Technology Inc. (WETH) reported revenue of $14.00M and net income of $2.16M for the fiscal year ended 2026-06-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Wetouch Technology Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Computer Peripheral Equipment, NEC.

Income

Wetouch Technology Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Revenue$14.00M$16.31M$1.40M$12.18M$12.42M$15.29M$2.67M$11.54M$12.23M$14.88M
Cost of revenue$9.12M$10.49M$4.61M$8.20M$8.31M$9.65M$2.66M$7.10M$7.37M$11.54M
Gross profit$4.88M$5.82M$638.58K$3.98M$4.11M$5.64M$971.68K$4.44M$4.86M$3.34M
Operating income$3.16M$5.09M-$215.62K$3.13M$3.08M$3.97M-$195.80K$3.48M$3.73M$2.30M
Net income$2.16M$3.87M-$171.23K$2.53M$2.24M$2.56M$109.90K$2.66M$2.70M$558.87K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$43.86K$43.21K$42.74K
Weighted-average diluted sharesshares 12.27Mshares 11.93MUnavailableshares 11.93Mshares 11.93Mshares 11.93MUnavailableshares 11.98Mshares 11.98Mshares 13.39M
Pretax income$3.19M$5.11M-$156.39K$3.16M$3.12M$4.03M$26.97K$3.64M$3.80M$1.22M
Income tax expense$1.02M$1.24M$14.84K$635.68K$876.72K$1.47M-$82.92K$979.44K$1.10M$661.85K
Diluted EPS$0.18$0.32Unavailable$0.21$0.19$0.21Unavailable$0.22$0.23$0.04
Selling, general & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
General & administrative$533.29K$579.00K$645.55K$708.93K$914.03K$1.57M$1.45M$750.44K$802.66K$530.52K
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Wetouch Technology Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Cash & equivalents$127.52M$120.52M$118.36M$113.19M$110.45M$106.41M$103.76M$106.74M$98.37M$94.80M
Total assets$152.59M$147.29M$140.64M$139.91M$137.02M$133.68M$128.02M$133.14M$125.91M$123.15M
Current assets$137.95M$132.72M$126.10M$125.18M$123.16M$119.82M$114.14M$120.02M$113.24M$110.04M
Total liabilities$3.83M$4.12M$3.24M$4.74M$5.22M$5.80M$3.43M$3.67M$3.45M$2.61M
Current liabilities$3.83M$4.12M$3.24M$4.69M$5.01M$5.44M$2.95M$3.45M$3.11M$2.24M
Total equity incl. NCI$148.76M$143.17M$137.39M$135.17M$131.81M$127.88M$124.59M$129.48M$122.46M$120.54M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Inventory$9.18K$29.06K$45.20K$46.88K$145.66K$146.62K$112.33K$187.41K$179.26K$184.74K
Accounts receivable$9.33M$11.06M$6.51M$10.81M$6.51M$11.10M$7.50M$9.73M$10.83MUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$861.78K$937.34K$1.06M$1.29M$1.49M$1.59M$1.26M$1.22M$917.15K$566.17K

Cash flow

Wetouch Technology Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Operating cash flow$4.95M$519.50K-$1.10M$3.81M$2.64M$2.04M$1.81M$4.59M$3.88M-$9.22M
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$152.63K$4.44K$3.47K$111.29K
Investing cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable-$152.63K-$4.44K-$3.47K-$111.29K
Financing cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable-$434.58K$170.62K$346.82K$7.51M
Net change in cash$7.00M$2.15M$5.17M$2.74M$4.04M$2.65M-$2.98M$8.36M$3.58M-$3.24M
Stock-based compensation$1.03MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortization$17.93K$9.02K$8.75K$8.67K$2.49K$2.47K$2.50K$2.51K$2.48K$2.32K

Derived

Wetouch Technology Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-302024-03-31
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable$1.66M$4.59M$3.88M-$9.33M
Gross margin34.9%35.7%45.6%32.7%33.1%36.9%36.4%38.4%39.7%22.4%
Operating margin22.6%31.2%-15.4%25.7%24.8%26.0%-7.3%30.2%30.4%15.5%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable62.2%39.8%31.7%-62.7%
SBC / revenue7.4%UnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Current ratio35.99x32.24x38.88x26.69x24.56x22.01x38.68x34.75x36.36x49.18x
Revenue YoY growth12.7%6.7%-47.5%5.6%1.5%2.8%-83.5%3.7%-4.2%10.7%
Net margin15.5%Unavailable-12.2%20.7%18.1%Unavailable4.1%23.1%22.1%Unavailable
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable0.4%0.4%0.3%
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable5.7%0.0%0.0%0.7%
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rate32.1%24.3%Unavailable20.1%28.1%36.5%-307.5%26.9%28.9%54.2%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WETH in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-04-13View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-10-09View SEC filing
10-Q · Filed 2025-10-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.