Filing Flows › Technology › Wetouch Technology (WETH)
Wetouch Technology (WETH) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · Wetouch Technology (WETH) Q2 2026 earnings results →
Q2 2026 Revenue up 13% year over year to $14.0M · 15¢ of every $1 of revenue kept as net profit · operating margin 22.6%
Wetouch Technology made $14.0M in Q2 2026 (+13% Y/Y). Operating margin 22.6%, net earnings $2.2M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $14.0M in Q2 2026, up 13% year over year and down 14% from the previous quarter.
Gross margin was 34.9%, up 1.8 points from Q2 2025. Operating profit was $3.2M, a 22.6% margin (down 2.2 points year over year). Of the extra revenue versus Q2 2025, 5% reached operating profit, below the 25% margin then. Operating expenses grew 67% against revenue growth of 13%. The fastest-growing cost line was Sales & marketing (+34%). Net earnings were $2.2M, down 3% year over year. The effective tax rate was 32.1%.
Operating cash flow was $4.9M (up 88% year over year), 229% of net earnings. Non-cash charges added back $18K of depreciation and amortization and $1.0M of share-based compensation. Working capital and other items added $1.7M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $14.0M | +13% | 22.6% | $2.2M | $4.9M |
| Q1 2026 | 10-Q | May 15, 2026 | $16.3M | +7% | 31.2% | $3.9M | $520K |
| Q4 2025 | 10-K | Apr 13, 2026 | $5.2M | +45% | -4.1% | −$171K | −$1.1M |
| Q3 2025 | 10-Q | Nov 12, 2025 | $12.2M | +6% | 25.7% | $2.5M | $3.8M |
| Q2 2025 | 10-Q | Oct 9, 2025 | $12.4M | +2% | 24.8% | $2.2M | $2.6M |
| Q1 2025 | 10-Q | Oct 8, 2025 | $15.3M | +3% | 26.0% | $2.6M | $2.0M |
| Q4 2024 | 10-K | Sep 11, 2025 | $3.6M | +53% | -5.4% | $110K | $1.8M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About Wetouch Technology
Through our wholly-owned subsidiaries, we are engaged in the research, development, manufacturing, sales and servicing of medium- to large-sized projected capacitive touchscreens. We specialize in large-format touchscreens, which are developed and designed for a wide variety of markets and used in the financial terminals, automotive, Point of Sales, gaming, lottery, medical, Human-Machine Interface (“HMI”), and other specialized industries. Our product portfolio comprises medium- to large-sized projected capacitive touchscreens ranging from 7.0 inch to 42-inch screens.
In its own words, from its 10-K, filed Apr 13, 2026.
Wetouch Technology against its Computer Peripheral Equipment, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +13% against the peers' median +13%. Operating margin: 22.6% against the peers' median 5.0%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| WETH Wetouch Technology | Q2 2026 | $14.0M | +13% | 22.6% |
| PANW Palo Alto Networks | Q4 FY26 | $3.4B | +34% | 5.0% |
| FTNT Fortinet | Q3 2026 | $2.1B | +20% | 33.9% |
| XRX Xerox Holdings | Q3 2026 | $1.9B | -5% | -53.9% |
| LOGI Logitech International S.A. | Q2 FY27 | $1.2B | +3% | 16.5% |
| CRSR Corsair Gaming | Q3 2026 | $367M | +6% | -0.4% |
| IMMR Immersion | Q1 FY27 | $294M | +0.8% | -6.8% |
| MITK Mitek Systems | Q3 FY26 | $54.0M | +18% | 21.4% |
| EVLV Evolv Technologies Holdings | Q2 2026 | $43.8M | +34% | -24.1% |
Source: Wetouch Technology 10-Q on SEC EDGAR · CIK 1826660 · Computer Peripheral Equipment, NEC
13F: who owns WETH and who is buying
More on WETH
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results