Filing Flows › Wetouch Technology (WETH) › Q1 2025
Wetouch Technology (WETH) Q1 2025 earnings results (first quarter 2025)
10-Q filed Oct 8, 2025
Wetouch Technology (WETH) reported revenue of $15.3M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +321% from the quarter before. Operating margin was 26.0%, net earnings $2.6M (16.8% of revenue).
Wetouch Technology, Q1 2025: revenue $15.3M (+3% year over year), operating margin 26.0%, net earnings $2.6M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.3M | +321% | +3% |
| Gross profit | $5.6M | +481% | +69% |
| Operating profit | $4.0M | — | +72% |
| Net earnings | $2.6M | 23× | +359% |
| Operating cash flow | $2.0M | +12% | — |
What changed
Revenue was $15.3M in Q1 2025, up 3% year over year and up 321% from the previous quarter.
Gross margin was 36.9%, up 14.5 points from a year earlier. Operating profit was $4.0M, a 26.0% margin (up 10.5 points year over year). Of the extra revenue versus a year earlier, 404% reached operating profit, above the 15% margin then. Operating expenses grew 62% against revenue growth of 3%. The fastest-growing cost line was General & admin (+195%). Net earnings were $2.6M, up 359% year over year. The effective tax rate was 36.5%.
Operating cash flow was $2.0M, 80% of net earnings. Non-cash charges added back $2K of depreciation. Working capital and other items used $525K.
Questions
What was Wetouch Technology's revenue in the first quarter 2025?
Wetouch Technology (WETH) reported revenue of $15.3M for the first quarter 2025 (Q1 2025), +3% from a year earlier and +321% from the quarter before.
Was Wetouch Technology profitable in the first quarter 2025?
Operating profit was $4.0M (26.0% of revenue) and net earnings $2.6M.
Source: Wetouch Technology 10-Q on SEC EDGAR.