Wetouch Technology Inc. (WETH) Revenue History
Annual and quarterly revenue from 2019 to present
WETH Revenue Over Time (2019–2025)
WETH Revenue Growth History
4 of 6 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- -21.6%
- FY2021 revenue growth
- +30.1%
- FY2022 revenue growth
- -7.0%
- FY2023 revenue growth
- +4.7%
- FY2024 revenue growth
- +6.5%
- FY2025 revenue growth
- +6.8%
| Quarter | Revenue | YoY |
|---|---|---|
| Q1 2026 | $16.3M | +6.7% |
| Q4 2025 | $5.2M | +44.6% |
| Q3 2025 | $12.2M | +5.6% |
| Q2 2025 | $12.4M | +1.5% |
| Q1 2025 | $15.3M | +2.8% |
| Q4 2024 | $3.6M | +52.9% |
| Q3 2024 | $11.5M | +3.7% |
| Q2 2024 | $12.2M | -4.2% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown
WETH's revenue distribution by segment and geography
By Geography
WETH Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 28, 2026, Wetouch Technology Inc. (WETH) generated trailing twelve-month (TTM) revenue of $46.2 million, reflecting solid growth of +6.7% year-over-year. The most recent quarter (Q1 2026) recorded $16.3 million in revenue, up 210.8% sequentially.
Historical Growth Trajectory
WETH's 5-year compound annual growth rate (CAGR) stands at +7.6%, indicating steady revenue expansion. The 3-year CAGR of +6.0% is below the 5-year average, signalling a growth deceleration in recent years. Wetouch Technology Inc.'s highest annual revenue of $45.1 million was recorded in 2025, an all-time high.
Peer Comparison
Compared to Technology sector peers — including GTEC (+14.1% YoY), CODA (+22.8% YoY), and INTT (-5.0% YoY) — WETH has outperformed the peer group in 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 | $46M | +6.7% | +7.6% | 22.1% | |
 GTEC | $91M | +14.1% | +6.3% | 8.3% | |
 CODA | $27M | +22.8% | +5.8% | 17.1% | |
 INTT | $114M | -5.0% | +16.2% | -3.3% | |
 DAKT | $839M | +10.9% | +11.7% | 6.8% | |
 UEIC | $368M | -10.2% | -9.7% | -0.0% |
WETH Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $45.1M | +6.8% | $14.4M | 31.8% | $10.0M | 22.1% |
| 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% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
WETH — Frequently Asked Questions
Quick answers to the most common questions about buying WETH stock.
Is WETH's revenue growth accelerating or slowing?
WETH revenue growth is holding steady at +6.7% year-over-year. TTM revenue is $46M. The current growth rate closely tracks the 5-year CAGR of +7.6%, signalling consistent execution.
What is WETH's revenue history from 2019 to 2026?
Wetouch Technology Inc. (WETH) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $46M, growing at +6.7% YoY. The 5-year CAGR is +7.6%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is WETH's long-term revenue growth rate (CAGR)?
Wetouch Technology Inc.'s 5-year revenue CAGR of +7.6% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +6.7% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for WETH.
Why does WETH's quarterly revenue fluctuate?
WETH quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Wetouch Technology Inc.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is WETH's revenue distributed by segment?
WETH reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does WETH's revenue compare to industry peers?
Wetouch Technology Inc. (WETH) with TTM revenue of $46M and +6.7% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.