DAQO NEW ENERGY CORP.
DQ · XNYSCIK 1477641fmd_1MTETQGVXE3NYS8Z1Y6FMRYGM3Manufacturing · Semiconductors & Related DevicesTemplate: Standard
Coverage: Jan 01, 2009 to Dec 31, 2025, 19 periods
| Line item | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 196 | 323 | 302 | 350 | 676 | 1,679 | 4,608 | 2,308 | 1,029 | 665 |
| Cost of revenue | 118 | 179 | 203 | 270 | 442 | 582 | 1,200 | 1,387 | 1,242 | 803 |
| Net interest income | – | – | – | – | (26) | (20) | 14 | 52 | 30 | 9 |
| Gross profit | 78 | 144 | 98 | 80 | 234 | 1,097 | 3,408 | 921 | (213) | (138) |
| Research and development | 4 | 1 | 3 | 6 | 7 | 6 | 10 | 10 | 5 | 3 |
| Selling, general and administrative | 15 | 16 | 27 | 32 | 39 | 40 | 354 | 213 | 143 | 118 |
| Total operating expenses | 17 | 13 | 17 | 33 | 46 | 46 | 367 | 137 | 351 | 132 |
| Operating income | 61 | 131 | 81 | 47 | 188 | 1,051 | 3,041 | 783 | (564) | (270) |
| Interest expense | 13 | 16 | 11 | 9 | 26 | 20 | – | – | – | – |
| Interest and investment income | 0 | 0 | 1 | 1 | 1 | – | – | – | – | – |
| Income before taxes | 49 | 115 | 74 | 38 | 162 | 1,035 | 3,057 | 818 | (518) | (237) |
| Income tax expense | 7 | 17 | 12 | 10 | 28 | 170 | 577 | 166 | (70) | (21) |
| Net income from continuing operations | 41 | 98 | 62 | 28 | 134 | 865 | 2,480 | 430 | (345) | (171) |
| Net income | 43 | 93 | 38 | 30 | 129 | 749 | 1,820 | 430 | (345) | (171) |
| Net income to common shareholders | – | – | – | – | 129 | 749 | 1,820 | 429 | (345) | (171) |