WeTouch Technology reported first-half 2026 net income of $6 million, up 25.5% year over year, as demand increased across its touchscreen portfolio, with automotive and medical applications leading growth.
Revenue increased 9.4% to $30.3 million from $27.7 million, while gross profit rose 9.8% to approximately $10.7 million. Gross margin remained relatively stable at 35.3% compared with 35.2% a year earlier.
Operating leverage was stronger further down the income statement. Operating income increased 16.9% to $8.3 million, while the 25.5% increase in net income pushed earnings per share to $0.50 from $0.40.
Shipment volume increased 3.5% to approximately 1.43 million units, meaning revenue expanded faster than unit volume. Overseas revenue increased 7.8% to approximately $9.7 million, supported by continuing expansion efforts in markets including Japan and Singapore.
The company’s balance sheet also remained substantial relative to its operating scale. Cash reserves totaled approximately $127.5 million, compared with $110.5 million previously, while stockholders’ equity reached $148.8 million at June 30. Operating cash flow increased to approximately $5.5 million from $4.7 million.
WeTouch is seeking to move beyond supplying individual touchscreen components toward integrated display modules and professional solutions. It is also exploring intelligent terminals, robotics and other AI-enabled hardware that could use its existing touch-display, human-machine-interface and manufacturing capabilities.
The strategic shift could increase the amount of value WeTouch captures per customer project if it successfully expands from individual components into integrated systems, while automotive, medical, industrial-control and other specialized applications continue to provide the underlying touchscreen demand base.
KEY QUOTES:
“WeTouch delivered solid growth in the first half of fiscal year 2026, with revenue increasing 9.4% and net income increasing 25.5% year-over-year. The results reflect steady demand across our core end markets, disciplined cost management and continued operating efficiency. We achieved growth across all major product categories, led by automotive and medical touchscreen applications. Our overseas business also maintained positive momentum, supported by continued investment in new market channels and customer development. Recent business initiatives in Japan and Singapore further demonstrate the Company’s progress in expanding its international market coverage.”
Zongyi Lian, Chief Executive Officer of WeTouch Technology Inc.
