Quick Answer
Wetouch Technology Inc. reported R&D Expense of $84.6 thousand for fiscal year 2023.
Wetouch Technology Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2023 | $84.6K | -0.8% |
| 2022 | $85.3K | -4.7% |
| 2021 | $89.5K | +14.7% |
| 2020 | $78.0K | -42.8% |
| 2019 | $136.4K | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2024 | $43.9K | +113.1% | +1.5% |
| June 30, 2024 | $43.2K | +112.0% | +1.1% |
| March 31, 2024 | $42.7K | +104.6% | +107.7% |
| September 30, 2023 | $20.6K | -0.8% | +1.0% |
| June 30, 2023 | $20.4K | -6.1% | -2.4% |
| March 31, 2023 | $20.9K | -8.6% | +0.7% |
| September 30, 2022 | $20.7K | -6.9% | -4.5% |
| June 30, 2022 | $21.7K | -3.9% | -5.0% |
- Wetouch Technology Inc. showed a decrease of -0.8% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2023 period, Wetouch Technology Inc.’s r&d expense has declined by 38.0% (from $136.4 thousand to $84.6 thousand).
- The most recent figure is from Wetouch Technology Inc.’s fiscal year 2024 report (Form 10-K), filed with the SEC on September 11, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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