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Daqo New Energy Corp. (DQ)

Daqo New Energy Corp. reported revenue of $665.4M in fiscal 2025, down 35.3% from a year earlier. It posted a net loss of $170.5M. In fiscal 2025 capital spending exceeded operating cash flow by $123.3M. At December 31, 2025 it held $856.1M in cash. Its latest periodic report to the SEC is the annual report (foreign issuer) (20-F) filed on April 20, 2026.

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Key facts about Daqo New Energy Corp.

Net worth

Daqo New Energy Corp. has a market value (market cap) of $789.7M at the latest share price, and shareholders' equity of $4.4B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Revenue and profit

In fiscal 2025 revenue was $665.4M (-35.3% year on year), with a net loss of $170.5M.

Cash flow

In fiscal 2025 operations brought in $49.7M of cash; after $173M of capital spending, free cash flow was -$123.3M.

Latest report

The latest periodic report (annual report (foreign issuer), 20-F) was filed with the SEC on April 20, 2026 and covers the period to December 31, 2025. Open on SEC EDGAR

What Daqo New Energy Corp. does

Daqo New Energy Corp. is registered with the SEC under industry code SIC 3674 (Semiconductors & Related Devices). Its shares trade on NYSE under the ticker DQ.

Revenue and profit by year

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Earnings: every quarter and the next report date

Full financial statements: income, balance sheet and cash flow

Where DQ ranks in Technology

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Technology

Latest SEC filings

What Daqo New Energy Corp. has filed recently, newest first. Each links to the original document on SEC EDGAR.

1. October 29, 2026
   Foreign issuer update 6-K
2. October 13, 2026
   Foreign issuer update 6-K
3. August 20, 2026
   Foreign issuer update 6-K
4. August 6, 2026
   Foreign issuer update 6-K
5. June 3, 2026
   Foreign issuer update 6-K
6. April 29, 2026
   Foreign issuer update 6-K
7. April 20, 2026
   Annual report (foreign issuer) 20-F · period to December 31, 2025Revenue fell 35% to $665.4M versus the prior year; diluted EPS -$0.51 versus -$1.04.
8. April 15, 2026
   Foreign issuer update 6-K
9. March 2, 2026
   Foreign issuer update 6-K
10. February 12, 2026
    Foreign issuer update 6-K

Recent insider filings (Forms 3, 4 and 144): 10, the latest on March 13, 2026. Insider transactions on SEC

Insider trades

What the people running Daqo New Energy Corp. did with its shares, from the Form 4 filings they must send the SEC within two business days.

No insider trades were reported in the last 90 days.

All insider filings on SEC.gov · Where insiders are buying across the market

Who owns DQ

Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.

5% holders

Anyone who owns more than 5% of a class of shares must say so on Schedule 13D (if they may seek to influence the company) or 13G (a passive holder). The latest filing of each holder is shown: 13G filings of the last 2 years, 13D of the last 3.

Largest institutional holders

No Form 13F positions imported for this company yet.

Insiders

Reported holdings of insiders who filed a Form 4 in the last 12 months: the shares each one held after their latest reported transaction. This is not the total held by all insiders.

No insider reported holdings on a Form 4 in the last 12 months.

Schedule 13D/13G filings on SEC.gov

All filings on SEC EDGAR

Questions about DQ

What does Daqo New Energy Corp. do?

Daqo New Energy Corp. is a company in the Technology sector, listed on NYSE as DQ. Its shares trade on NYSE under the ticker DQ.

What is Daqo New Energy Corp.'s net worth?

Daqo New Energy Corp. has a market value (market cap) of $789.7M at the latest share price, and shareholders' equity of $4.4B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.

Is Daqo New Energy Corp. profitable?

No. In fiscal 2025 it reported a net loss of $170.5M on revenue of $665.4M.

How much revenue does Daqo New Energy Corp. make?

In fiscal 2025 Daqo New Energy Corp. reported revenue of $665.4M. That is 35.3% less than a year earlier.

When did Daqo New Energy Corp. last report?

Its most recent periodic report is the annual report (foreign issuer) (20-F) filed on April 20, 2026. It covers the period to December 31, 2025. Its newest filing of any kind is the foreign issuer update from October 29, 2026.

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Get an email when Daqo New Energy Corp. files with the SEC: results, executive changes, material agreements and annual reports.

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Where the numbers come from

Financial figures are the values Daqo New Energy Corp. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.