Security
Daqo New Energy Corp. American Depositary Shares (each representing 5 Ordinary Shares) · DQ
DQNYSEotherCurrentCIK 1477641Updated Oct 14, 2026
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NYSE:DQ on TradingView ↗About the company
Energy Corp. Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy") is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufacturers, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world's lowest cost producers of high-purity polysilicon.
In the news
Daqo New Energy Announces Unaudited Second Quarter 2026 Financial Results ↗
Recent filings
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 6,449,325,000Source | 6,418,243,000Source | 7,426,866,000Source | 7,594,096,000Source |
| Property, Plant and Equipment, NetUSD | 3,399,055,000Source | 3,499,210,000Source | 3,626,423,000Source | 2,605,195,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 856,054,000Source | 1,006,536,000Source | 3,038,827,000Source | 3,499,488,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | — | — | — | 0Source |
| Inventory, NetUSD | 169,103,000Source | 149,939,000Source | 173,271,000Source | 169,517,000Source |
| Assets, CurrentUSD | 2,696,177,000Source | 2,631,547,000Source | 3,576,578,000Source | 4,889,163,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 303,057,000Source | 280,876,000Source | 224,645,000Source | 52,932,000Source |
| Other Assets, NoncurrentUSD | 21,849,000Source | 21,840,000Source | 28,271,000Source | 735,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 533,010,000Source | 560,377,000Source | 978,582,000Source | 989,490,000Source |
| Stockholders’ equity: | ||||
| Retained Earnings (Accumulated Deficit)USD | 2,812,659,000Source | 2,983,173,000Source | 3,328,388,000Source | 2,898,843,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -252,910,000Source | -413,210,000Source | -293,997,000Source | -176,032,000Source |
| Stockholders' Equity Attributable to ParentUSD | 4,406,727,000Source | 4,361,192,000Source | 4,761,907,000Source | 4,807,376,000Source |
| Additional Paid in Capital, Common StockUSD | 2,464,548,000Source | 2,408,799,000Source | 2,340,084,000Source | 2,211,203,000Source |
| Liabilities and EquityUSD | 6,449,325,000Source | 6,418,243,000Source | 7,426,866,000Source | 7,594,096,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 501,622,000Source | 521,235,000Source | 836,429,000Source | 736,542,000Source |
| Accounts Payable, CurrentUSD | 26,628,000Source | 26,448,000Source | 92,879,000Source | 81,875,000Source |
| Deferred Income Tax Liabilities, NetUSD | 519,000Source | 544,000Source | 10,150,000Source | 80,540,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 1,509,588,000Source | 1,496,674,000Source | 1,686,377,000Source | 1,797,230,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 519,000Source | 544,000Source | 10,150,000Source | 80,540,000Source |
| Short-term InvestmentsUSD | — | — | 0Source | 13,927,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -216,083,000Source | -448,154,000Source | 652,886,000Source | 2,479,642,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Share-based Payment Arrangement, Noncash ExpenseUSD | 55,817,000Source | 71,790,000Source | 141,918,000Source | 307,447,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | 34,344,000Source | 62,583,000Source | 13,079,000Source | -138,258,000Source |
| Deferred Income Tax Expense (Benefit)USD | -24,877,000Source | -83,110,000Source | 7,887,000Source | 76,504,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 49,666,000Source | -435,423,000Source | 1,616,042,000Source | 2,462,652,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -134,228,000Source | -1,480,780,000Source | -1,195,955,000Source | -998,416,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 173,011,000Source | 358,828,000Source | 1,110,738,000Source | 1,205,330,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | 5,003,000Source | 485,931,000Source | 124,929,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -850,000Source | -47,356,000Source | -795,398,000Source | 1,472,091,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -58,057,000Source | -2,009,607,000Source | -472,395,000Source | 2,796,385,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 980,292,000Source | 1,038,349,000Source | 3,047,956,000Source | 3,520,351,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | — | 4,719,000Source | 7,926,000Source |
| Income Taxes Paid, NetUSD | 4,343,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 55,817,000Source | 68,081,000Source | 149,800,000Source | 315,000,000Source |
| DepreciationUSD | 236,672,000Source | 206,358,000Source | 148,889,000Source | 107,097,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 31,000Source | -2,378,000Source | -17,367,000Source | 680,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -2,286,000Source | -18,913,000Source | -4,379,000Source | -8,904,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -170,514,000Source | -345,215,000Source | 429,545,000Source | 1,819,801,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 2,479,642,000Source |
| Income Tax Expense (Benefit)USD | -21,034,000Source | -69,907,000Source | 165,588,000Source | 577,247,000Source |
| Inventory Write-downUSD | 21,523,000Source | 81,398,000Source | 4,519,000Source | 0Source |
| Net Income (Loss) Attributable to ParentUSD | -170,514,000Source | -345,215,000Source | 429,545,000Source | 1,819,801,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -45,569,000Source | -102,939,000Source | 223,341,000Source | 659,841,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | 1,819,801,000Source |
| Operating ExpensesUSD | 132,384,000Source | 351,160,000Source | 137,220,000Source | 367,296,000Source |
| Operating Lease, ExpenseUSD | 3,400,000Source | 3,300,000Source | 2,400,000Source | 1,200,000Source |
| Other Operating Income (Expense), NetUSD | 6,921,000Source | — | — | — |
| Payments to Acquire InvestmentsUSD | 2,796,200,000Source | 2,082,454,000Source | — | 46,192,000Source |
| Proceeds from Stock Options ExercisedUSD | — | 57,000Source | 4,000Source | 995,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | — | — | 149,758,000Source | 314,973,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 665,415,000Source | 1,029,080,000Source | 2,307,695,000Source | 4,608,350,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 118,224,000Source | 143,089,000Source | 213,241,000Source | 354,074,000Source |
| Operating Income (Loss)USD | -270,235,000Source | -564,092,000Source | 783,430,000Source | 3,040,626,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -237,117,000Source | -518,061,000Source | 818,474,000Source | 3,056,889,000Source |
| Income Tax Expense (Benefit)USD | -21,034,000Source | -69,907,000Source | 165,588,000Source | 577,247,000Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | -45,569,000Source | -102,939,000Source | 223,341,000Source | 659,841,000Source |
| Net Income (Loss) Attributable to ParentUSD | -170,514,000Source | -345,215,000Source | 429,545,000Source | 1,819,801,000Source |
| Earnings Per Share, BasicUSD per share | -0.51Source | -1.04Source | 1.15Source | 4.8Source |
| Earnings Per Share, DilutedUSD per share | -0.51Source | -1.04Source | 1.15Source | 4.67Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 336,756,038Source | 330,800,038Source | 373,586,004Source | 379,365,310Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 336,756,038Source | 330,800,038Source | 374,817,676Source | 386,459,841Source |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | 3,843,000Source | 13,203,000Source | 157,701,000Source | 500,743,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 31,000Source | -2,378,000Source | -17,367,000Source | 680,000Source |
| Gross ProfitUSD | -137,851,000Source | -212,932,000Source | 920,650,000Source | 3,407,922,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -170,514,000Source | -345,215,000Source | 429,545,000Source | 1,819,801,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 2,479,642,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | 1.15Source | 4.8Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | 1.15Source | 4.67Source |
| Interest Income (Expense), NetUSD | 9,029,000Source | 30,223,000Source | 52,302,000Source | 14,473,000Source |
| Investment Income, NetUSD | 24,058,000Source | 18,186,000Source | 109,000Source | 1,110,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | — | 1,819,801,000Source |
| Operating ExpensesUSD | 132,384,000Source | 351,160,000Source | 137,220,000Source | 367,296,000Source |
| Operating Lease, ExpenseUSD | 3,400,000Source | 3,300,000Source | 2,400,000Source | 1,200,000Source |
| Other Operating Income (Expense), NetUSD | 6,921,000Source | — | — | — |
| Research and Development ExpenseUSD | 2,584,000Source | 4,559,000Source | 10,116,000Source | 10,041,000Source |
| Share-based Payment Arrangement, Expensed and Capitalized, AmountUSD | — | — | 149,758,000Source | 314,973,000Source |
Filing attachments
tm2627498d1_ex99-1.htm · 6-K · 2026-10-13
Exhibit 99.1 Daqo New Energy to Announce Unaudited Financial Results for the Third Quarter of 2026 on October 27, 2026 Shanghai, China, October 13, 2026 -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it will release its unaudited financial results for the third quarter ended September 30, 2026, before U.S. markets open on Tuesday, October 27, 2026. The Company will ho…
Read attachment ↗tm2623691d1_ex99-1.htm · 6-K · 2026-08-20
Exhibit 99.1 Daqo New Energy Announces Unaudited Second Quarter 2026 Financial Results Shanghai, China - August 20, 2026 - Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" the "Company" or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the second quarter ended June 30, 2026. Second Quarter 2026 Financial and Operating Highlights Aggregate of cash, short-term investments, bank notes receivable…
Read attachment ↗tm2622429d1_ex99-1.htm · 6-K · 2026-08-06
Exhibit 99.1 Daqo New Energy to Announce Unaudited Financial Results for the Second Quarter of 2026 on August 20, 2026 Shanghai, China, August 6, 2026 -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it will release its unaudited financial results for the second quarter ended June 30, 2026, before U.S. markets open on Thursday, August 20, 2026. The Company will hold a c…
Read attachment ↗tm2616783d1_ex99-1.htm · 6-K · 2026-06-03
Exhibit 99.1 Daqo New Energy Signs Investment Agreement to Establish a Manufacturing Base for Next-Generation Energy Solutions for AI Data Centers Shanghai, China - June 3, 2026, - Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its subsidiary, Daqo Energy Technology (Shanghai) Co., Ltd. ("Daqo Shanghai"), has signed an investment agreement with the Management …
Read attachment ↗tm2613061d1_ex99-1.htm · 6-K · 2026-04-29
Exhibit 99.1 Daqo New Energy Announces Unaudited First Quarter 2026 Financial Results Shanghai, China - April 29, 2026 - Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" the "Company" or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operating Highlights Aggregate of cash, short-term investments, bank notes receivable, h…
Read attachment ↗tm2611876d1_ex99-1.htm · 6-K · 2026-04-15
Exhibit 99.1 Daqo New Energy to Announce Unaudited Financial Results for the First Quarter of 2026 on April 29, 2026 Shanghai, China, April 15, 2026 -- Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy” or the “Company”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it will release its unaudited financial results for first quarter ended March 31, 2026, before U.S. markets open on Wednesday, April 29, 2026. The Company will hold a confere…
Read attachment ↗