Welcome to our dedicated page for Wetouch Technology news (Ticker: WETH), a resource for investors and traders seeking the latest updates and insights on Wetouch Technology stock.
Wetouch Technology Inc. develops, manufactures, sells and services medium- to large-sized projected capacitive touchscreens and related touch display products. Its updates commonly cover financial results, product mix, China and overseas sales trends, cash and stockholders' equity, and demand across smart cockpit and in-vehicle HMI, self-service and point-of-sale terminals, gaming and lottery machines, medical devices, industrial automation, robotics and other specialized applications.
Company news also includes technology and market expansion developments, including curved touchscreen and optical bonding capabilities, large-size touch display production, regional offices, and supply relationships for industrial HMI and automation products.
WeTouch (NASDAQ:WETH) announced that subsidiary Chengdu Weidaqi Photoelectric received Siemens Industrial Automation Products' “Collaboration Star 2025” award. The honor recognizes performance in project collaboration, technical support, product quality, delivery, and partnership execution during 2025.
WeTouch is a qualified long-term supplier for Siemens' high-end HMI and core PLC projects, with prior estimates of about $10 million in additional annual revenue over a five-year contract period. The company believes the award deepens its cooperation with Siemens and may support future high-end industrial touch opportunities, while noting that new projects and order volumes depend on customer demand, project progress, and market conditions.
WeTouch Technology (NASDAQ:WETH) reported unaudited Q1 FY2026 revenue of $16.3 million, up 6.5% year-over-year, and net income of $3.9 million, up 50%. EPS reached $0.32, a 52.4% increase. Gross margin was 35.7% and units shipped were essentially flat at 763,325.
Cash stood at $120.5 million and shareholders' equity at $143.2 million. China generated 67.5% of revenue and overseas markets 32.5%. A new Chengdu production facility is under construction, with completion expected by the first half of 2027.
Wetouch Technology (NASDAQ:WETH) reported fiscal year 2025 revenue of $45.1 million (+6.6% YoY) and net income of $7.2 million (+20.0% YoY) for the year ended December 31, 2025. Gross profit was $14.4 million with a 31.8% gross margin. Cash totaled $118.4 million and total stockholders' equity was $137.4 million as of year-end.
The company cited sustained demand across smart cockpit, gaming, industrial automation, self-service terminals and specialized applications, with PRC sales ~68.5% and overseas ~31.5% of 2025 revenue.
WeTouch Technology (NASDAQ:WETH) reported unaudited results for the three and nine months ended September 30, 2025. Nine-month revenue was $39.9M (+3.4% YoY) with gross profit $13.7M (+8.7% YoY) and net income $7.3M (+23.7% YoY). Operating cash flow turned positive to $8.5M from negative $0.7M a year earlier. Cash reserves were $113.2M (~$9.48 per share) and shareholders' equity reached $135.2M (+4.8% YoY).
Management expects continued profitability, completion of Chengdu facility by end-2025, and mass production in Q2 2026.
WeTouch (NASDAQ:WETH) won two long-term supply qualifications with Siemens for its industrial high-end Human-Machine Interface (HMI) series and core Programmable Logic Controller (PLC) touchscreen products.
The agreements run for five years and are expected to contribute approximately USD 10 million in additional annual revenue during the contract period. The HMI project targets Siemens' high-end series in Germany/Europe; the PLC touchscreen project will be rolled out mainly in Southeast Asia.
This secures WeTouch's position in Siemens' supply chain, supports geographic expansion in Europe and Asia, and validates the company's touch technology and quality controls.
WeTouch (Nasdaq: WETH) announced it has regained compliance with Nasdaq Listing Rule 5250(c)(1) after Nasdaq confirmed the company filed required periodic reports.
The Nasdaq notification, dated October 10, 2025, follows WeTouch's filings of its Form 10-Q for the quarter ended March 31, 2025 on October 8, 2025 and its Form 10-Q for the quarter ended June 30, 2025 on October 9, 2025. The company is now current in all SEC periodic filing requirements and Nasdaq has closed the matter previously disclosed in WeTouch's Form 8-K filed September 16, 2025 under Item 3.01.
WeTouch Technology (NASDAQ:WETH) reported first-half fiscal 2025 results for the period ended June 30, 2025. Total revenue was $27.7M (+2.2% YoY). Gross profit rose to $9.8M and gross margin expanded to 35.2% (up 500 bps). Net income was $4.8M (+45.5% YoY) and basic EPS was $0.40. Operating cash flow turned positive to $4.7M from negative $5.3M a year earlier. Cash reserves totaled $110.5M (~$9.26 per share). Unit shipments reached 1.38M units (+8.9% YoY) with China unit sales up 14.5%. Chengdu production facility remains on schedule for completion by end-2025.
WeTouch Technology (NASDAQ:WETH) reported FQ1 FY2025 results for quarter ended March 31, 2025. Total revenue was $15.3M (+2.7% YoY). Gross profit reached $5.6M (+69.7% YoY) and gross margin expanded to 36.9% from 22.4% a year earlier. Net income jumped to $2.6M (+316.7% YoY). Cash reserves were $106.4M (≈ $8.9/share), up from $94.8M. Units shipped rose 11.9% to 762,545. Operating cash flow improved to +$2.0M from –$9.2M a year earlier. Shareholders' equity increased to $127.9M. Management cites margin recovery, supply‑chain normalization, customer order growth, and plans for a new production facility with mass production targeted in Q2 2026.
WeTouch Technology (NASDAQ:WETH) reported record revenue of $42.3 million for fiscal year 2024, a 6.5% increase from 2023. The touchscreen display manufacturer saw net income of $6.0 million, down 27.7% year-over-year, while maintaining a strong cash position of $103.7 million ($8.7 per share).
The company's shipment volume increased 4.8% to 2,060,870 units, with international sales representing 35.3% of revenue. Despite gross margin pressure due to raw material costs and increased investments, WeTouch provided optimistic FY2025 guidance, projecting revenue of $46.15 million and net income of $11.88 million, representing a significant 97% year-over-year increase.
Wetouch Technology (NASDAQ:WETH), a large-format touchscreen manufacturer, has received a notification from Nasdaq regarding non-compliance with listing rules due to delayed financial filings. The company has failed to file its Q2 2025 Form 10-Q, adding to previously delayed 2024 Annual Report and Q1 2025 Form 10-Q.
Nasdaq has granted WETH until October 13, 2025 to file all delinquent reports. The company must submit an updated compliance plan by September 5, 2025. While the notification doesn't immediately affect WETH's Nasdaq listing, the company is working with auditors to complete the required filings.