Quick Answer
Wetouch Technology Inc. reported Total Revenue of $42.28 million for fiscal year 2024.
Wetouch Technology Inc. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $42.28M +6.5% |
$39.71M +4.7% |
$37.92M -7.0% |
$40.79M +30.1% |
$31.35M -21.6% |
$40.00M |
| Revenue (ASC 606) | — | $39.71M +4.7% |
$37.92M -6.8% |
$40.69M +29.8% |
$31.35M -21.6% |
$40.00M |
| Net Income | $6.03M -27.0% |
$8.26M -5.3% |
$8.73M -49.8% |
$17.39M +94.7% |
$8.93M -34.9% |
$13.72M |
| Diluted EPS | $0.52 -41.6% |
$0.89 -81.2% |
$4.73 +760.0% |
$0.55 +77.4% |
$0.31 -36.7% |
$0.49 |
| Total Assets | $128.02M +7.0% |
$119.64M +63.7% |
$73.11M +6.4% |
$68.68M +45.9% |
$47.06M +12.7% |
$41.74M |
| Cash and Equivalents | $103.76M +5.8% |
$98.04M +91.3% |
$51.25M +11.0% |
$46.16M +92.6% |
$23.96M +67.8% |
$14.28M |
| Stockholders Equity | $124.59M +10.3% |
$112.92M +64.0% |
$68.83M +7.0% |
$64.31M +45.0% |
$44.35M +40.1% |
$31.67M +68.5% |
| R&D Expense | — | $84.6K -0.8% |
$85.3K -4.7% |
$89.5K +14.7% |
$78.0K -42.8% |
$136.4K |
| Operating Income | $9.32M -26.3% |
$12.65M +10.8% |
$11.41M -9.6% |
$12.62M +6.3% |
$11.88M -30.1% |
$17.00M |
| Gross Profit | $13.61M -20.8% |
$17.19M +22.3% |
$14.05M -23.8% |
$18.43M +18.1% |
$15.61M -20.9% |
$19.74M |
| Shares Outstanding | 11.93M +22.6% |
9.73M +479.3% |
1.68M -94.7% |
31.81M +1.3% |
31.40M +12.1% |
28.00M |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $12.18M | +5.6% | -1.9% |
| Revenue (ASC 606) | September 30, 2022 | $11.62M | +4.1% | -1.1% |
| Net Income | September 30, 2025 | $2.53M | -5.0% | +12.7% |
| Diluted EPS | September 30, 2025 | $0.21 | -4.5% | +10.5% |
| Total Assets | September 30, 2025 | $139.91M | +5.1% | +2.1% |
| Cash and Equivalents | September 30, 2025 | $113.19M | +6.0% | +2.5% |
| Stockholders Equity | September 30, 2025 | $135.17M | +4.4% | +2.6% |
| R&D Expense | September 30, 2024 | $43.9K | +113.1% | +1.5% |
| Operating Income | September 30, 2025 | $3.13M | -10.2% | +1.4% |
| Gross Profit | September 30, 2025 | $3.98M | -10.3% | -3.2% |
| Shares Outstanding | September 30, 2025 | 11.93M | +0.0% | +0.0% |
- Wetouch Technology Inc. reported Total Revenue of $42.28 million for fiscal year 2024.
- Wetouch Technology Inc. showed an increase of +6.5% in Total Revenue compared to the prior fiscal year.
- Wetouch Technology Inc. reported Revenue (ASC 606) of $39.71 million for fiscal year 2023.
- Wetouch Technology Inc. showed an increase of +4.7% in Revenue (ASC 606) compared to the prior fiscal year.
- Wetouch Technology Inc. reported Net Income of $6.03 million for fiscal year 2024.
- Wetouch Technology Inc. showed a decrease of -27.0% in Net Income compared to the prior fiscal year.
- Wetouch Technology Inc. reported Diluted EPS of $0.52 per share for fiscal year 2024.
- Wetouch Technology Inc. showed a decrease of -41.6% in Diluted EPS compared to the prior fiscal year.
- Wetouch Technology Inc. reported Total Assets of $128.02 million for fiscal year 2024.
- Wetouch Technology Inc. showed an increase of +7.0% in Total Assets compared to the prior fiscal year.
- Wetouch Technology Inc. reported Cash and Equivalents of $103.76 million for fiscal year 2024.
- Wetouch Technology Inc. showed an increase of +5.8% in Cash and Equivalents compared to the prior fiscal year.
- Wetouch Technology Inc. reported Stockholders Equity of $124.59 million for fiscal year 2024.
- Wetouch Technology Inc. showed an increase of +10.3% in Stockholders Equity compared to the prior fiscal year.
- Wetouch Technology Inc. reported R&D Expense of $84.6 thousand for fiscal year 2023.
- Wetouch Technology Inc. showed a decrease of -0.8% in R&D Expense compared to the prior fiscal year.
- Wetouch Technology Inc. reported Operating Income of $9.32 million for fiscal year 2024.
- Wetouch Technology Inc. showed a decrease of -26.3% in Operating Income compared to the prior fiscal year.
- Wetouch Technology Inc. reported Gross Profit of $13.61 million for fiscal year 2024.
- Wetouch Technology Inc. showed a decrease of -20.8% in Gross Profit compared to the prior fiscal year.
- Wetouch Technology Inc. reported Shares Outstanding of 11.93 million shares for fiscal year 2024.
- Wetouch Technology Inc. showed an increase of +22.6% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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