Daqo New Energy Corp. DQ
Annual
Quarterly
FY2025 · ended Dec 31, 2025 · Revenue $665.41M, -35.3% YoY · Filed Apr 20, 2026
Daqo New Energy Corp. (DQ) files with the SEC under industry code 3674, Semiconductors & Related Devices. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $665.4 million and a net loss of $170.5 million. Free cash flow was -$123.3 million.
Revenue
$665.41M
-35.3% vs prior year
Net income
$-170.51M
+50.6% vs prior year
Operating cash flow
$49.67M
+111.4% vs prior year
Free cash flow
$-123.34M
+84.5% vs prior year
EPS
$-0.51
+51.0% vs prior year
Dividend per share
None
Shares outstanding
338.33M
+1.4% vs prior year
Net cash
$1.00B
FY 2021
Operating margin
-40.6%
FY 2025
Company profile
- Industry
- Semiconductors & Related Devices (SIC 3674)
- Listed as
- DQ (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- Cayman Islands
- Headquarters
- Wanzhou, Chongqing
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1477641
Other Semiconductors & Related Devices companies
- Nvidia Corp NVDA
- Broadcom Inc. AVGO
- Micron Technology Inc MU
- Advanced Micro Devices Inc AMD
- Intel Corp INTC
- Applied Materials Inc /DE AMAT
- Texas Instruments Inc TXN
- Arm Holdings PLC /UK ARM
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $665.4M | $1.0B | $2.3B | $4.6B | $1.7B |
| Operating income | -$270.2M | -$564.1M | $783.4M | $3.0B | $1.1B |
| Net income | -$170.5M | -$345.2M | $429.5M | $1.8B | $748.9M |
| Diluted EPS | -$0.51 | -$1.04 | $1.15 | $4.67 | $1.95 |
| Operating cash flow | $49.7M | -$435.4M | $1.6B | $2.5B | $639.0M |
| Free cash flow | -$123.3M | -$794.3M | $505.3M | $1.3B | $140.5M |
| Total assets | $6.4B | $6.4B | $7.4B | $7.6B | $3.3B |
| Total liabilities | $533.0M | $560.4M | $978.6M | $989.5M | $679.8M |
| Stockholders' equity | $4.4B | $4.4B | $4.8B | $4.8B | $2.2B |
| Cash and investments | $856.1M | $1.0B | $3.0B | $3.5B | $1.0B |
| Total debt | — | — | — | — | $0 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 6-K | Current report (foreign issuer) | Oct 29, 2026 | Oct 29, 2026 |
| 6-K | Current report (foreign issuer) | Oct 13, 2026 | Oct 13, 2026 |
| 6-K | Current report (foreign issuer) | Aug 20, 2026 | Aug 20, 2026 |
| 6-K | Current report (foreign issuer) | Aug 6, 2026 | Aug 6, 2026 |
| 6-K | Current report (foreign issuer) | Jun 3, 2026 | Jun 3, 2026 |
| 6-K | Current report (foreign issuer) | Apr 29, 2026 | Apr 29, 2026 |
All 374 Daqo New Energy Corp. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.