Daqo New Energy Corp. (DQ)

NYSE: DQ · Semiconductors & Related Devices · filing with the SEC since 2010

Grade4.2

◀ Past 6.3● Present 4.1▶ Future 1.8

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Report filed	Apr 20, 2026	Apr 29, 2025	Apr 29, 2024	Apr 27, 2023	Mar 30, 2022	Apr 22, 2021	Apr 24, 2020	Apr 17, 2019	Mar 16, 2018	Mar 31, 2017
Revenue	665,415,000	1,029,080,000	2,307,695,000	4,608,350,000	1,678,793,000	675,602,000	349,991,000^r	301,600,000^r	323,199,694^r	196,219,101^r
For lenders
Net interest income	9,029,000	30,223,000	52,302,000	14,473,000	-20,482,000	-25,725,000	·	·	·	·
Cost of revenue	803,266,000	1,242,012,000	1,387,045,000	1,200,428,000	581,585,000	441,610,000	269,887,000^r	203,486,000^r	179,151,930^r	118,408,302^r
Gross profit	-137,851,000	-212,932,000	920,650,000	3,407,922,000	1,097,208,000	233,992,000	80,104,000^r	98,114,000^r	144,047,764^r	77,810,799^r
Research and development	2,584,000	4,559,000	10,116,000	10,041,000	6,495,000	6,856,000	5,708,000^r	2,737,000^r	676,323^r	3,878,414^r
Selling, general and administrative	118,224,000	143,089,000	213,241,000	354,074,000	39,904,000	39,472,000	32,457,000^r	27,077,000^r	16,042,494^r	15,081,878^r
Total operating expenses	132,384,000	351,160,000	137,220,000	367,296,000	45,790,000	46,137,000	32,619,000^r	16,910,000^r	13,235,336^r	16,674,961^r
Operating income	-270,235,000	-564,092,000	783,430,000	3,040,626,000	1,051,418,000	187,855,000	47,485,000^r	81,204,000^r	130,812,428^r	61,135,838^r
Interest expense	·	·	·	·	20,482,000	25,725,000^r	9,414,000^r	10,763,000^r	16,262,205^r	12,720,155^r
Interest and investment income	24,058,000	18,186,000	109,000	1,110,000	4,012,000	907,000	983,000^r	1,236,000^r	464,515^r	149,259^r
Income before income taxes	-237,117,000	-518,061,000	818,474,000	3,056,889,000	1,034,948,000	162,130,000	37,885,000^r	73,513,000^r	115,008,885^r	48,571,495^r
Income tax expense	-21,034,000	-69,907,000	165,588,000	577,247,000	170,101,000	28,182,000	9,623,000^r	11,717,000^r	17,332,226	7,358,089
Income from continuing operations	-170,514,000	-345,215,000	429,545,000	1,819,801,000	748,924,000	129,336,000	28,263,000^r	61,155,000^r	96,662,387^r	40,783,165
Income from discontinued operations	·	·	·	·	·	-141,000	1,261,000^r	-23,030,000^r	-3,821,259^r	2,710,591
Net income including non-controlling interests	-216,083,000	-448,154,000	652,886,000	2,479,642,000	864,847,000	133,807,000	29,523,000^r	38,766,000^r	93,855,400	43,923,997
Net income to non-controlling interests	-45,569,000	-102,939,000	223,341,000	659,841,000	115,923,000	4,612,000	-1,000^r	641,000^r	1,014,272	430,241
Net income	-170,514,000	-345,215,000	429,545,000	1,819,801,000	748,924,000	129,195,000	29,524,000^r	38,125,000^r	92,841,128	43,493,756
Net income to common shareholders	·	·	·	1,819,801,000	748,924,000	129,195,000	·	·	·	·
Earnings per share, basic	-0.51	-1.04	1.15	4.80	2.03	0.36	0.09	0.12	0.35	0.17
Earnings per share, diluted	-0.51	-1.04	1.15	4.67	1.95	0.34	0.08	0.12	0.34	0.16
Weighted average shares, basic	336,756,038	330,800,038	373,586,004	379,365,310	369,341,105	355,087,013	339,571,054	311,715,158	265,070,961	261,742,244
Weighted average shares, diluted	336,756,038	330,800,038	374,817,676	386,459,841	383,766,406	375,017,150	349,961,558	325,506,335	272,926,319	264,817,755

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earned

us-gaap:InvestmentIncomeNet
us-gaap:InvestmentIncomeInterest

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperations

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton DQ · research, not advice