Stocktoria
DAQO NEW ENERGY CORP. DQ
DAQO NEW ENERGY CORP. financials (annual)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $665.4M | $1.0B | $2.3B | $4.6B | $1.7B | $675.6M | $350.0M | $301.6M | $323.2M | $196.2M |
| Gross profit | -$137.9M | -$212.9M | $920.6M | $3.4B | $1.1B | $234.0M | $80.1M | $98.1M | $144.0M | $77.8M |
| R&D expense | $2.6M | $4.6M | $10.1M | $10.0M | $6.5M | $6.9M | $5.7M | $2.7M | $676,323 | $3.9M |
| SG&A expense | $118.2M | $143.1M | $213.2M | $354.1M | $39.9M | $39.5M | $32.5M | $27.1M | $16.0M | $15.1M |
| Operating income | -$270.2M | -$564.1M | $783.4M | $3.0B | $1.1B | $187.9M | $47.5M | $81.2M | $130.8M | $61.1M |
| Interest expense | — | — | — | — | $20.5M | $25.7M | $9.4M | $10.8M | $16.3M | $12.7M |
| Income tax | -$21.0M | -$69.9M | $165.6M | $577.2M | $170.1M | $28.2M | $9.6M | $11.7M | $17.3M | $7.4M |
| Net income | -$170.5M | -$345.2M | $429.5M | $1.8B | $748.9M | $129.2M | $29.5M | $38.1M | $92.8M | $43.5M |
| EPS (diluted) | $-0.51 | $-1.04 | $1.15 | $4.67 | $1.95 | $0.34 | $0.08 | $0.12 | $0.34 | $0.16 |
| Operating cash flow | $49.7M | -$435.4M | $1.6B | $2.5B | $639.0M | $209.8M | $181.0M | $95.6M | $142.7M | $98.7M |
| Free cash flow | -$123.3M | -$794.3M | $505.3M | $1.3B | $140.5M | $91.5M | -$98.1M | -$47.5M | $78.6M | $32.2M |
| Cash & equivalents | $856.1M | $1.0B | $3.0B | $3.5B | $723.8M | $76.6M | $52.7M | $66.4M | $60.7M | $16.0M |
| Inventory | $169.1M | $149.9M | $173.3M | $169.5M | $327.8M | $42.2M | $36.4M | $15.4M | $15.7M | $12.3M |
| Total assets | $6.4B | $6.4B | $7.4B | $7.6B | $3.3B | $1.2B | $1.2B | $854.9M | $748.8M | $656.7M |
| Total liabilities | $533.0M | $560.4M | $978.6M | $989.5M | $679.8M | $440.2M | $634.2M | $329.8M | $354.3M | $385.0M |
| Shareholders' equity | $5.9B | $5.9B | $6.4B | $6.6B | $2.7B | $798.9M | $567.2M | $525.1M | $394.5M | $271.7M |
Growth · year-over-year · Revenue CAGR 14.5%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -35.3% | -55.4% | -49.9% | +174.5% | +148.5% | +93.0% | +16.0% | -6.7% | +64.7% | +7.8% |
| Net income growth | — | -180.4% | -76.4% | +143.0% | +479.7% | +337.6% | -22.6% | -58.9% | +113.5% | +235.7% |
| EPS growth | — | -190.4% | -75.4% | +139.5% | +473.5% | +325.0% | -33.3% | -64.7% | +112.5% | +220.0% |
| Free cash flow growth | — | -257.2% | -59.8% | +795.0% | +53.6% | — | — | -160.4% | +144.4% | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.