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DQ

Daqo New Energy·NYSE
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DQ fundamentals

Daqo New Energy (DQ) released its earnings on Oct 27, 2025: revenue was 244.60M (YoY +23.22%), beat estimates; EPS was 0.05 (YoY +108.47%), beat estimates.
Revenue / YoY
244.60M
+23.22%
EPS / YoY
0.05
+108.47%
Report date
Oct 27, 2025
DQ Earnings Call Summary for Q3,2025
  • Profit Recovery: Q3 EBITDA of $45.8M and adjusted net income of $3.7M mark a turnaround, with cash costs hitting a record low of $4.54/kg.
  • Revenue Surge: Sales volume jumped 134% QoQ to 42,400 metric tons, driven by inventory liquidation and price recovery to RMB 49-55/kg.
  • Gross Margin Turnaround: Positive gross margin of 3.9% in Q3, with expectations for continued positivity in Q4 as industry consolidation curbs overcapacity.
  • Cost Efficiency: 12% QoQ production cost decline and 11% cash cost reduction highlight operational excellence, supporting long-term competitiveness.
  • Strategic Positioning: With $2.21B in financial assets and no debt, the company is well-positioned to capitalize on industry consolidation and solar growth.
EPS
Revenue

Revenue & Expenses

DQ has released its 2025 Q3 earnings report, with revenue of 244.60M, reflecting a YoY change of 23.23%, and net profit of -14.84M, showing a YoY change of 80.70%. The Sankey diagram below clearly presents DQ's revenue sources and cost distribution.

Key Indicators

Daqo New Energy (DQ) key financial stats and ratios, covering profitability, financial health, and leverage.
Daqo New Energy (DQ)'s revenue and profit trends over recent years, visualized with a waterfall chart to showcase the revenue-to-profit funnel.
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Daqo New Energy (DQ)'s asset and liability trends over recent years, visualized with a waterfall chart to illustrate changes in its asset-liability structure.
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Daqo New Energy (DQ)'s cash flow trends over recent years, visualized with a waterfall chart to illustrate changes in its operating, investing, and financing cash flows.
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Where does Daqo New Energy (DQ) generate its revenue? Explore its key revenue streams and top earning regions.
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Track Daqo New Energy (DQ) Dividend Yield, Payout Ratio & Sustainability Through Its Dividend History
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