Wetouch Technology reports 20% jump in net income

Wetouch Technology (NASDAQ:WETH), a specialized manufacturer of medium-to-large-sized projected capacitive touchscreens, reported on Tuesday, April 14, 2026, that net income for the fiscal year ended December 31, 2025, rose 20% to $7.2 million.

The company capitalized on sustained global demand for high-end touch solutions in the automotive and industrial sectors to deliver a solid top-line performance.

Total revenue for fiscal year 2025 reached $45.1 million, representing a 6.6% increase compared to the $42.3 million reported in the prior year.

The growth was supported by a diverse portfolio of applications, including smart cockpits, gaming consoles, industrial automation, and self-service terminals.

Geographically, sales within the People's Republic of China accounted for approximately 68.5% of total revenue, while overseas markets contributed the remaining 31.5%.

The company maintained healthy profitability margins throughout the year, reporting a gross profit of $14.4 million and a gross margin of 31.8%.

The significant bottom-line growth to $7.2 million reflects improved operational efficiencies and a favorable product mix weighted toward specialized, higher-margin applications.

Wetouch exited the year with a robust balance sheet, reporting $118.4 million in cash and total stockholders' equity of $137.4 million as of December 31, 2025.