Business
Wetouch Technology Inc. Reports Fiscal Year 2025 Revenue of $45.1 Million and Net Income of $7.2 Million
Fiscal Year 2025 Net Income Increased 20.0% to $7.2 Million, Revenue Increased 6.6% to $45.1 Million CHENGDU, CHINA / ACCESS Newswire / April 14, 2026 /
About this update from Wetouch Technology Inc.
[{"type":"text","content":"Fiscal Year 2025 Net Income Increased 20.0% to $7.2 Million, Revenue Increased 6.6% to $45.1 Million CHENGDU, CHINA / ACCESS Newswire / April 14, 2026 / Wetouch Technology Inc. (NASDAQ:WETH) (\"Wetouch\" or the \"Company\"), a company focused on the research, development, manufacturing, sales and servicing of medium- to large-sized projected capacitive touchscreens and related touch display products, today announced its financial results for the fiscal year ended December 31, 2025. The Company's products are widely used in financial terminals, smart cockpit and in-vehicle HMI applications, self-service and point-of-sale terminals, gaming and lottery machines, medical devices, industrial automation and human-machine interface (\"HMI\") systems, robotics and intelligent equipment interfaces, and other specialized applications.\"Fiscal year 2025 was a year of meaningful progress for Wetouch. We achieved continued revenue growth, delivered stronger profitability, and further strengthened our cash position and stockholders' equity,\" said Mr. Zongyi Lian, Chief Executive Officer of Wetouch Technology Inc. \"Our 2025 results reflected sustained customer demand across smart cockpit and automotive display applications, gaming, industrial automation and control interfaces, self-service terminals and other specialized applications, as well as the benefits of ongoing product mix optimization and disciplined execution.\"For additional information, please refer to the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2025.Fiscal Year 2025 Financial HighlightsRevenue: $45.1 million, an increase of 6.6% from $42.3 million in fiscal year 2024.Gross Profit: $14.4 million, an increase of 5.6% from $13.6 million in fiscal year 2024.Gross Margin: 31.8%, compared with 32.2% in fiscal year 2024.Net Income: $7.2 million, an increase of 20.0% from $6.0 million in fiscal year 2024.Cash: $118.4 million as of December 31, 2025, an increase of 14.1% from $103.8 million as of December 31, 2024.Total Stockholders' Equity: $137.4 million as of December 31, 2025, an increase of 10.3% from $124.6 million as of December 31, 2024.Market and Business OverviewWetouch continues to focus on medium- to large-sized projected capacitive touchscreens ranging from 7.0 inches to 42 inches. The Company offers multiple touch panel structures, includ...