Income Statement - DAQO NEW ENERGY CORP. (DQ)
$(Billion, Million)| Dec-25 | Dec-24 | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 | Dec-16 | Dec-15 | Dec-14 | Dec-13 | Dec-12 | Dec-11 | Dec-10 | Dec-09 | Dec-08 | Dec-07 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 665.42 | 1,029.08 | 2,307.70 | 4,608.35 | 1,678.79 | 675.60 | 349.99 | 301.60 | 352.85 | 229.10 | 182.04 | 182.57 | 109.00 | 86.86 | 255.83 | 242.69 | 111.19 | 56.37 | |
| Cost of revenue | 803.27 | 1,242.01 | 1,387.05 | 1,200.43 | 581.59 | 441.61 | 269.89 | 203.49 | 209.38 | 148.67 | 144.49 | 139.31 | 135.10 | 124.29 | 169.72 | 136.48 | 69.25 | 19.39 | |
| Gross profit | -137.85 | -212.93 | 920.65 | 3,407.92 | 1,097.21 | 233.99 | 80.10 | 98.11 | 143.47 | 80.43 | 37.55 | 43.26 | -26.10 | -37.43 | 86.11 | 106.20 | 41.94 | 36.98 | |
| Total operating expenses | 132.38 | 351.16 | 137.22 | 367.30 | 45.79 | 46.14 | 32.62 | 16.64 | 11.78 | 14.78 | 9.70 | 11.23 | 16.10 | 8.33 | 4.19 | 13.69 | 5.52 | 9.76 | 0.05 |
| Operating income | -270.24 | -564.09 | 783.43 | 3,040.63 | 1,051.42 | 187.86 | 47.49 | 81.48 | 128.71 | 65.45 | 26.22 | 32.04 | -200.63 | -88.52 | 43.41 | 92.51 | 36.42 | 27.21 | -0.05 |
| Non-operating income (net) | 33.12 | 46.03 | 35.04 | -23.87 | -16.47 | -25.73 | -9.60 | -7.69 | -17.52 | -14.17 | -12.04 | -15.39 | -19.19 | -14.47 | -7.78 | -10.52 | -6.25 | -3.76 | 0.00 |
| Income before tax | -237.12 | -518.06 | 818.47 | 3,016.75 | 1,034.95 | 162.13 | 37.89 | 73.79 | 111.19 | 51.28 | 14.19 | 16.65 | -219.82 | -102.99 | 35.63 | 81.99 | 30.18 | 23.45 | -0.05 |
| Income tax expense | -21.09 | -69.91 | 165.59 | 537.11 | 162.81 | 28.18 | 9.62 | 11.72 | 17.33 | 7.36 | 1.14 | 15.65 | 1.27 | 10.25 | 0.71 | 12.84 | 0.24 | 1.60 | |
| Net income | -170.51 | -345.22 | 429.55 | 1,819.80 | 756.22 | 129.20 | 29.53 | 38.13 | 92.84 | 43.49 | 12.96 | 16.65 | -70.94 | -111.93 | 33.32 | 68.57 | 30.84 | 21.53 | -0.05 |
Show Quarterly Income Statement
Income Statement - DAQO NEW ENERGY CORP. (DQ)
$(Billion, Million)| Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Mar-24 | Dec-23 | Sep-23 | Jun-23 | Mar-23 | Dec-22 | Sep-22 | Jun-22 | Mar-22 | Dec-21 | Sep-21 | Jun-21 | Mar-21 | Dec-20 | Sep-20 | Jun-20 | Mar-20 | Dec-19 | Sep-19 | Jun-19 | Mar-19 | Dec-18 | Sep-18 | Jun-18 | Mar-18 | Dec-17 | Sep-17 | Jun-17 | Mar-17 | Dec-16 | Sep-16 | Jun-16 | Mar-16 | Dec-15 | Sep-15 | Jun-15 | Mar-15 | Dec-14 | Sep-14 | Jun-14 | Mar-14 | Dec-13 | Sep-13 | Jun-13 | Mar-13 | Dec-12 | Sep-12 | Jun-12 | Mar-12 | Dec-11 | Sep-11 | Jun-11 | Mar-11 | Dec-10 | Sep-10 | Jun-10 | Mar-10 | Dec-09 | Sep-09 | Jun-09 | Mar-09 | Dec-08 | Sep-08 | Jun-08 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 26.72 | 221.71 | 244.92 | 75.45 | 123.91 | 195.36 | 198.50 | 219.66 | 414.64 | 415.31 | 484.87 | 629.89 | 709.83 | 709.83 | 1,219.69 | 1,244.09 | 1,282.09 | 395.55 | 585.78 | 441.37 | 255.60 | 247.73 | 125.53 | 133.52 | 168.23 | 118.92 | 83.91 | 65.96 | 81.20 | 75.60 | 67.39 | 66.95 | 103.27 | 103.68 | 89.37 | 76.00 | 83.81 | 46.12 | 54.29 | 71.02 | 57.68 | 59.28 | 46.56 | 34.33 | 41.87 | 49.47 | 47.29 | 43.72 | 42.09 | 37.04 | 29.64 | 27.84 | 14.49 | 6.19 | 21.12 | 30.56 | 34.05 | 38.24 | 59.56 | 70.72 | 87.31 | 81.89 | 63.21 | 52.48 | 45.10 | 31.72 | 30.32 | 23.58 | 26.61 | 36.65 | 19.72 | 0.00 |
| Cost of revenue | 166.09 | 206.27 | 235.26 | 157.15 | 205.45 | 260.62 | 259.09 | 378.64 | 342.67 | 343.23 | 417.05 | 373.76 | 203.10 | 203.10 | 241.07 | 297.22 | 467.41 | 155.72 | 150.58 | 138.13 | 136.89 | 138.24 | 80.28 | 110.82 | 111.88 | 83.80 | 65.83 | 57.39 | 62.86 | 58.67 | 54.54 | 39.78 | 57.05 | 56.78 | 52.93 | 51.76 | 47.91 | 31.94 | 34.15 | 41.64 | 40.94 | 42.36 | 37.99 | 30.74 | 33.40 | 36.91 | 35.70 | 33.63 | 33.06 | 36.08 | 33.59 | 38.06 | 27.38 | 17.25 | 31.91 | 36.50 | 45.01 | 49.43 | 39.71 | 37.77 | 42.81 | 36.12 | 36.32 | 33.07 | 30.97 | 23.63 | 20.75 | 17.43 | 0.00 | 10.26 | 9.13 | 0.00 |
| Gross profit | -139.37 | 15.44 | 9.66 | -81.69 | -81.54 | -65.26 | -60.59 | -158.98 | 71.97 | 72.09 | 67.82 | 256.13 | 506.73 | 506.73 | 978.62 | 946.87 | 814.68 | 239.83 | 435.20 | 303.24 | 118.71 | 109.49 | 45.25 | 22.70 | 56.35 | 35.12 | 18.08 | 8.57 | 18.34 | 16.94 | 12.85 | 27.17 | 46.22 | 46.89 | 36.44 | 24.25 | 35.89 | 14.18 | 20.14 | 29.38 | 16.74 | 16.92 | 8.57 | 3.59 | 8.47 | 12.56 | 11.59 | 10.09 | 9.02 | 0.96 | -3.95 | -10.22 | -12.89 | -11.05 | -10.79 | -5.95 | -10.97 | -11.20 | 19.85 | 32.96 | 44.50 | 45.77 | 26.89 | 19.41 | 14.13 | 8.08 | 9.58 | 0.00 | 0.00 | 26.39 | 0.00 | 0.00 |
| Total operating expenses | 11.45 | 36.33 | 32.89 | 33.03 | 32.52 | 235.68 | 37.45 | 39.32 | 39.91 | 39.97 | 92.46 | 44.94 | 42.93 | 42.93 | 285.57 | 19.28 | 17.59 | 11.74 | 13.48 | 10.82 | 10.21 | 11.51 | 11.92 | 11.95 | 10.51 | 5.03 | 9.26 | 8.97 | 9.16 | -3.32 | 8.87 | 6.16 | 4.48 | 0.33 | 3.67 | 4.04 | 3.73 | 4.43 | 3.69 | 3.24 | 3.43 | 1.03 | 1.92 | 2.36 | 4.39 | 4.95 | 2.14 | 1.75 | 2.40 | 5.03 | 1.04 | 6.31 | 3.73 | 2.08 | 5.44 | 4.43 | 1.13 | -1.61 | 4.48 | 0.31 | 1.01 | 4.37 | 3.00 | 2.92 | 3.53 | -0.52 | 1.49 | 0.00 | 0.00 | 2.91 | 0.00 | 0.00 |
| Operating income | -150.81 | -20.89 | -23.22 | -114.72 | -114.05 | -300.94 | -98.04 | -198.30 | 32.06 | 32.11 | -24.64 | 211.19 | 463.80 | 463.80 | 693.04 | 927.58 | 797.09 | 228.09 | 421.72 | 292.42 | 108.50 | 97.98 | 33.33 | 10.75 | 45.84 | 30.09 | 8.81 | -0.40 | 9.18 | 20.26 | 3.98 | 21.01 | 41.74 | 43.58 | 32.77 | 20.20 | 32.16 | 9.55 | 16.45 | 26.14 | 13.31 | 14.26 | 6.65 | 1.23 | 4.08 | 7.61 | 9.46 | 8.34 | 6.62 | -4.07 | -4.99 | -174.95 | -16.62 | -55.89 | -15.66 | -6.84 | -12.10 | -49.87 | 17.14 | 32.64 | 43.49 | 41.27 | 24.03 | 16.49 | 10.60 | 8.61 | 8.09 | 19.73 | 0.00 | 23.49 | 7.44 | 0.00 |
| Non-operating income (net) | 7.50 | 7.48 | 11.32 | 7.53 | 9.05 | 10.45 | 9.11 | 17.36 | 10.38 | 10.40 | 63.93 | -6.50 | 11.96 | 11.96 | 7.98 | -3.64 | 0.97 | 1.32 | -3.81 | -6.43 | -7.05 | -8.07 | -5.24 | -6.29 | -6.33 | -3.72 | -2.36 | -1.63 | -1.89 | -1.55 | 0.09 | -3.03 | -3.90 | -3.88 | -4.20 | -5.18 | -4.27 | -4.09 | -2.95 | -3.32 | -3.81 | -4.01 | -3.01 | -2.33 | -2.69 | -4.01 | -3.56 | -3.82 | -3.99 | -4.15 | -4.91 | -4.88 | -5.25 | -3.43 | -3.63 | -3.81 | -3.78 | -2.50 | -1.88 | -1.70 | -1.70 | -2.27 | -3.06 | -2.58 | -2.50 | -1.70 | -1.47 | -17.51 | 14.43 | -1.85 | -1.75 | 0.00 |
| Income before tax | -143.31 | -13.41 | -11.90 | -107.19 | -105.01 | -290.49 | -88.94 | -180.94 | 42.44 | 42.51 | 39.28 | 204.69 | 475.76 | 475.76 | 701.02 | 923.94 | 798.06 | 229.41 | 417.91 | 285.99 | 101.45 | 89.91 | 28.09 | 4.47 | 39.52 | 26.37 | 6.46 | -2.03 | 7.29 | 18.70 | 4.07 | 17.98 | 37.84 | 39.70 | 28.57 | 15.03 | 27.89 | 5.47 | 13.49 | 22.82 | 9.50 | 10.25 | 3.64 | -1.10 | 1.39 | 3.61 | 5.89 | 4.52 | 2.63 | -8.22 | -9.90 | -179.83 | -21.87 | -59.32 | -19.29 | -10.64 | -15.88 | -52.37 | 15.26 | 30.94 | 41.80 | 39.01 | 20.97 | 13.91 | 8.10 | 6.91 | 6.62 | 2.22 | 14.43 | 21.64 | 5.68 | 0.00 |
| Income tax expense | -21.64 | -3.56 | 2.96 | -8.20 | -12.29 | 48.97 | -12.01 | -23.26 | 14.33 | 14.36 | 21.44 | 44.25 | 81.07 | 81.07 | 155.20 | 143.46 | 130.09 | 43.10 | 62.14 | 43.08 | 14.46 | 13.61 | 6.19 | 2.04 | 6.32 | 5.97 | 1.56 | 0.66 | 1.43 | 1.56 | -0.09 | 4.38 | 5.86 | 5.61 | 4.22 | 2.77 | 4.74 | 1.28 | 2.16 | 2.80 | 1.11 | 0.54 | 0.56 | -0.18 | 0.22 | -7.03 | 3.65 | 3.86 | 4.11 | 0.06 | 1.07 | 0.14 | 2.07 | 19.92 | -5.45 | -2.65 | -1.57 | -13.20 | 2.88 | 4.51 | 6.53 | 5.96 | 3.02 | 2.15 | 1.71 | -3.15 | 0.92 | 0.38 | 2.10 | 1.39 | 0.82 | 0.00 |
| Net income | -88.38 | -7.28 | -14.94 | -76.75 | -71.84 | -180.18 | -60.72 | -119.64 | 15.45 | 15.47 | -6.31 | 102.61 | 278.80 | 278.80 | 323.41 | 627.82 | 536.58 | 141.28 | 292.33 | 232.10 | 83.06 | 72.83 | 20.76 | 2.38 | 33.11 | 20.09 | 4.98 | -2.19 | 6.64 | 11.38 | -18.30 | 13.41 | 31.63 | 33.71 | 24.11 | 12.13 | 22.89 | 4.13 | 11.20 | 19.84 | 8.33 | 9.62 | 3.08 | -0.93 | 1.18 | 3.61 | 5.89 | 4.52 | 2.63 | -8.01 | -10.30 | -33.97 | -18.66 | -75.59 | -15.54 | -7.07 | -13.73 | -39.42 | 12.07 | 25.69 | 35.00 | 32.83 | 16.61 | 10.65 | 6.29 | 9.97 | 5.76 | 2.02 | 13.09 | 19.93 | 4.86 | 0.00 |