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Wetouch Technology (WETH) Revenue & Revenue Breakdown

OverviewFinancialsChart

Wetouch Technology Revenue Highlights

Latest Revenue (Y)

$42.28T

Latest Revenue (Q)

$11.54M

Main Geography (Y)

CHINA

Wetouch Technology Revenue by Period

Wetouch Technology Revenue by Year

DateRevenueChange
2024-12-31$42.28T106483650.45%
2023-12-31$39.71M4.70%
2022-12-31$37.92M-7.02%
2021-12-31$40.79M30.11%
2020-12-31$31.35M-21.64%
2019-12-31$40.00M-

Wetouch Technology generated $42.28T in revenue during NA 2024, up 106483650.45% compared to the previous quarter, and up 105690091.34% compared to the same period a year ago.

Wetouch Technology Revenue by Quarter

DateRevenueChange
2024-09-30$11.54M-5.69%
2024-06-30$12.23M-17.76%
2024-03-31$14.88M526.56%
2023-12-31$2.37M-78.65%
2023-09-30$11.12M-12.92%
2023-06-30$12.77M-4.91%
2023-03-31$13.43M426.26%
2022-12-31$2.55M-78.04%
2022-09-30$11.62M-1.11%
2022-06-30$11.75M-2.01%
2022-03-31$11.99M226.71%
2021-12-31$3.67M-67.12%
2021-09-30$11.17M-26.71%
2021-06-30$15.23M42.21%
2021-03-31$10.71M-

Wetouch Technology generated $11.54M in revenue during Q3 2024, up -5.69% compared to the previous quarter, and up 90.32% compared to the same period a year ago.

Wetouch Technology Revenue Breakdown

Wetouch Technology Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24
KOREA, REPUBLIC OF$6.46M
CHINA$8.32M

Wetouch Technology's latest annual revenue breakdown by geography, as of Dec 24: CHINA (56.28%), and KOREA, REPUBLIC OF (43.72%).

Quarterly Revenue by Country

CountryDec 24Sep 24Jun 24Mar 24
CHINA-$7.43M$7.87M$9.37M
KOREA, REPUBLIC OF$503.44K$1.83M$1.96M$2.17M
TAIWAN-$2.25M$2.41M$3.20M

Wetouch Technology's latest quarterly revenue breakdown by geography, as of Dec 24: KOREA, REPUBLIC OF (100.00%).

WETH Revenue FAQ

What is Wetouch Technology’s yearly revenue?

Wetouch Technology's yearly revenue for 2024 was $42.28T, representing an increase of 106483650.45% compared to 2023. The company's yearly revenue for 2023 was $39.71M, representing an increase of 4.70% compared to 2022. WETH's yearly revenue for 2022 was $37.92M, representing a decrease of -7.02% compared to 2021.

What is Wetouch Technology’s quarterly revenue?

Wetouch Technology's quarterly revenue for Q3 2024 was $11.54M, a -5.69% decrease from the previous quarter (Q2 2024), and a 3.73% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $12.23M, a -17.76% decrease from the previous quarter (Q1 2024), and a -4.23% decrease year-over-year (Q2 2023). WETH's quarterly revenue for Q1 2024 was $14.88M, a 526.56% increase from the previous quarter (Q4 2023), and a 10.75% increase year-over-year (Q1 2023).

What is Wetouch Technology’s revenue growth rate?

Wetouch Technology's revenue growth rate for the last 3 years (2022-2024) was 111489624.26%, and for the last 5 years (2020-2024) was 134882944.38%.