Wetouch Technology Inc. (WETH) Revenue History
Annual and quarterly revenue from 2019 to 2024
Compound Annual Growth Rate (CAGR)
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WETH Revenue Growth
Revenue Breakdown
WETH's revenue distribution by segment and geography
By Geography
WETH Revenue Analysis (2019–2024)
As of May 8, 2026, Wetouch Technology Inc. (WETH) generated trailing twelve-month (TTM) revenue of $31.3 million, reflecting significant decline in growth of -100.0% year-over-year. The most recent quarter (Q3 2025) recorded $0 in revenue, down 100.0% sequentially.
Looking at the longer-term picture, WETH's 5-year compound annual growth rate (CAGR) stands at +1.1%, indicating moderate growth over time. The company achieved its highest annual revenue of $42.3 million in 2024, representing a new all-time high.
When compared to Real Estate sector peers including GTEC (-1.4% YoY), CODA (+33.2% YoY), and INTT (-5.0% YoY), WETH has underperformed the peer group in terms of revenue growth. Compare WETH vs GTEC →
WETH Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| WETHCurrent | $31M | -100.0% | +1.1% | 22.0% | |
 GTEC | $84M | -1.4% | +9.9% | 15.0% | |
 CODA | $27M | +33.2% | +5.8% | 17.1% | |
 INTT | $114M | -5.0% | +16.2% | -3.3% | |
 DAKT | $756M | +0.4% | +4.4% | 4.4% | |
 UEIC | $368M | -6.7% | -9.7% | -0.0% |
WETH Historical Revenue Data (2019–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $42.3M | +6.5% | $13.6M | 32.2% | $9.3M | 22.0% |
| 2023 | $39.7M | +4.7% | $17.2M | 43.3% | $12.7M | 31.9% |
| 2022 | $37.9M | -7.0% | $14.1M | 37.0% | $11.4M | 30.1% |
| 2021 | $40.8M | +30.1% | $18.4M | 45.2% | $12.6M | 31.0% |
| 2020 | $31.3M | -21.6% | $15.6M | 49.8% | $11.9M | 37.9% |
| 2019 | $40.0M | - | $18.7M | 46.7% | $17.0M | 42.5% |
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Start ComparisonWETH — Frequently Asked Questions
Quick answers to the most common questions about buying WETH stock.
Is WETH's revenue growth accelerating or slowing?
WETH revenue declined -100.0% year-over-year, contrasting with the 5-year CAGR of +1.1%. TTM revenue fell to $31M. This reverses the prior growth trend.
What is WETH's long-term revenue growth rate?
Wetouch Technology Inc.'s 5-year revenue CAGR of +1.1% reflects the variable expansion pattern. Current YoY growth of -100.0% is below this long-term average.
How is WETH's revenue distributed by segment?
WETH reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2019-2024 are available for download. Segment mix reveals concentration and diversification trends.