Filing Flows › Wetouch Technology (WETH) › Q2 2026
Wetouch Technology (WETH) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Wetouch Technology (WETH) reported revenue of $14.0M for the second quarter 2026 (Q2 2026), +13% from a year earlier and -14% from the quarter before. Operating margin was 22.6%, net earnings $2.2M (15.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.0M | -14% | +13% |
| Gross profit | $4.9M | -16% | +19% |
| Operating profit | $3.2M | -38% | +3% |
| Net earnings | $2.2M | -44% | -3% |
| Operating cash flow | $4.9M | +853% | +88% |
What changed
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.
Questions
What was Wetouch Technology's revenue in the second quarter 2026?
Wetouch Technology (WETH) reported revenue of $14.0M for the second quarter 2026 (Q2 2026), +13% from a year earlier and -14% from the quarter before.
Was Wetouch Technology profitable in the second quarter 2026?
Operating profit was $3.2M (22.6% of revenue) and net earnings $2.2M.
Source: Wetouch Technology 10-Q on SEC EDGAR.