Filing Flows › Wetouch Technology (WETH) › Q2 2026 › vs Q1 2026
Wetouch Technology (WETH) Q2 2026 vs Q1 2026 (quarter over quarter)
Wetouch Technology's revenue fell $2.3M (-14%) from $16.3M in Q1 2026 to $14.0M in Q2 2026. Gross margin 34.9% against 35.7% (-0.8 pts).
Wetouch Technology, Q2 2026: revenue $14.0M (+13% year over year), operating margin 22.6%, net earnings $2.2M, operating cash flow $4.9M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 34.9% | 35.7% | -0.8 pts |
| Operating margin | 22.6% | 31.2% | -8.6 pts |
| Net margin | 15.5% | 23.7% | -8.2 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $14.0M | $16.3M | −$2.3M | -14% |
| Gross profit | $4.9M | $5.8M | −$940K | -16% |
| Cost of revenue | $9.1M | $10.5M | −$1.4M | -13% |
| Operating profit | $3.2M | $5.1M | −$1.9M | -38% |
| Operating expenses | $1.7M | $737K | $982K | +133% |
| Pre-tax earnings | $3.2M | $5.1M | −$1.9M | -38% |
| Sales & marketing | $153K | $158K | −$5K | -3% |
| General & admin | $533K | $579K | −$46K | -8% |
| Net earnings | $2.2M | $3.9M | −$1.7M | -44% |
| Income tax | $1.0M | $1.2M | −$218K | -18% |
| Depreciation & amortization | $18K | $9K | $9K | +99% |
| Share-based compensation | $1.0M | $0 | $1.0M | — |
| Working capital & other | $1.7M | −$3.4M | $5.1M | — |
| Operating cash flow | $4.9M | $520K | $4.4M | +853% |
Questions
How much did Wetouch Technology's revenue grow quarter over quarter in Q2 2026?
Wetouch Technology's revenue fell $2.3M (-14%) from $16.3M in Q1 2026 to $14.0M in Q2 2026. Gross margin 34.9% against 35.7% (-0.8 pts).