For the quarter ending 2026-03-31, WETH made $16,312,169 in revenue. $5,779,461 in net income. Net profit margin of 35.43%.
| Income Statement | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| revenues | 16,312,169 | 5,247,983 | 12,179,802 | 12,419,455 |
| Cost of revenues | 10,488,869 | 4,609,402 | 8,201,011 | 8,307,944 |
| Gross profit | 5,823,300 | 638,581 | 3,978,791 | 4,111,511 |
| Selling expenses | 157,953 | 208,652 | 143,556 | 114,575 |
| General and administrative expenses | 579,003 | 645,547 | 708,928 | 914,032 |
| Total operating expenses | 736,956 | 854,199 | 852,484 | 1,028,607 |
| Income from operations | 5,086,344 | -215,618 | 3,126,307 | 3,082,904 |
| Interest income | 23,147 | 23,323 | 36,564 | 35,646 |
| Other income | - | 35,906 | - | - |
| Total other income | 23,147 | 59,229 | 36,564 | 35,646 |
| Income before income tax expense | 5,109,491 | -156,389 | 3,162,871 | 3,118,550 |
| Income tax expense | 1,243,185 | 14,843 | 635,679 | 876,722 |
| Net income | 3,866,306 | -171,232 | 2,527,192 | 2,241,828 |
| Foreign currency translation adjustment | 1,913,155 | 2,397,992 | 834,341 | 1,682,589 |
| Comprehensive income | 5,779,461 | 2,226,760 | 3,361,533 | 3,924,417 |
| Basic EPS | 0.32 | 0.187 | 0.21 | 0.19 |
| Diluted EPS | 0.32 | 0.187 | 0.21 | 0.19 |
| Basic Average Shares | 11,931,534 | 11,931,534 | 11,931,534 | 11,931,534 |
| Diluted Average Shares | 11,931,534 | 11,931,534 | 11,931,534 | 11,931,534 |
Wetouch Technology Inc. (WETH)
Wetouch Technology Inc. (WETH)