Daqo New Energy Corp. (DQ) Q1 2026 Earnings Call Transcript
Daqo New Energy (DQ) came out with a quarterly loss of $1.31 per share versus the Zacks Consensus Estimate of a loss of $0.13. This compares to a loss of $1.07 per share a year ago.
SHANGHAI, April 29, 2026 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter 2026 Financial and Operating Highlights Aggregate of cash, short-term investments, bank notes receivable, held-to-maturity investments and fixed term bank deposit balance was $2.00 billion at the end of Q1 2026, compared to $2.27 billion at the end of Q4 2025 Polysilicon production volume was 43,402 MT in Q1 2026, compared to 42,181 MT in Q4 2025 Polysilicon sales volume was 4,482 MT in Q1 2026, compared to 38,167 MT in Q4 2025 Polysilicon average total production cost(1) was $5.95/kg in Q1 2026, compared to $5.83/kg in Q4 2025 Polysilicon average cash cost(1) was $4.59/kg in Q1 2026, compared to $4.46/kg in Q4 2025 Polysilicon average selling price (ASP) was $5.96/kg in Q1 2026, compared to $5.83/kg in Q4 2025 Revenue was $26.7 million in Q1 2026, compared to $221.7 million in Q4 2025 Gross loss was $139.4 million in Q1 2026, compared to gross profit of $15.4 million in Q4 2025; gross margin was negative 521.5% in Q1 2026, compared to 7.0% in Q4 2025 Net loss attributable to Daqo New Energy Corp. shareholders was $88.4 million in Q1 2026, compared to $7.3 million in Q4 2025; loss per basic American Depositary Share (ADS)(3) was $1.31 in Q1 2026, compared to $0.11 in Q4 2025 Adjusted net loss (non-GAAP)(2) attributable to Daqo New Energy Corp. shareholders was $88.4 million in Q1 2026, compared to $7.3 million in Q4 2025 Adjusted loss per basic ADS(3) (non-GAAP)(2) was $1.31 in Q1 2026, compared to adjusted loss per basic ADS(3) (non-GAAP)(2) of $0.11 in Q4 2025; EBITDA (non-GAAP)(2) was negative $83.1 million in Q1 2026, compared to $52.5 million in Q4 2025; EBITDA margin (non-GAAP)(2) was negative 311.1% in Q1 2026, compared to 23.7% in Q4 2025 Three months ended US$ millions except as indicated otherwise Mar. 31,2026 Dec. 31,2025 Mar. 31,2025 Revenues 26.7 221.7 123.9 Gross (loss)/profit (139.4) 15.4 (81.5) Gross margin (521.5) % 7.0 % (65.8) % Loss from operations (150.8) (20.9) (114.1) Net loss attributable to Daqo New Energy Corp.shareholders (88.4) (7.3) (71.8) Loss per basic ADS(3) ($ per ADS) (1.31) (0.11) (1.07) Adjusted net loss (non-GAAP)(2) attributable to DaqoNew Energy Corp. shareholders (88.4) (7.3) (53.2) Adjusted loss per basic ADS(3) (non-GAAP)(2) ($ perADS) (1.31) (0.11) (0.80) EBITDA (non-GAAP)(2) (83.1) 52.5 (48.4) EBITDA margin (non-GAAP)(2) (311.1) % 23.7 % (39.1) % Polysilicon sales volume (MT) 4,482 38,167 28,008 Polysilicon average total production cost ($/kg)(1) 5.95 5.83 7.57 Polysilicon average cash cost (excl.
Daqo (DQ) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
SHANGHAI, April 20, 2026 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy," the "Company" or "we"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2025, which contains the Company's audited consolidated financial statements, with the Securities and Exchange Commission (the "SEC") on April 20, 2026. The annual report on Form 20-F can be accessed and downloaded from the SEC's website at www.sec.gov or through the investor relations section of the Company's website at https://www.dqsolar.com/.
SHANGHAI, April 15, 2026 /PRNewswire/ -- Daqo New Energy Corp. (NYSE: DQ) ("Daqo New Energy" or the "Company"), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced it will release its unaudited financial results for first quarter ended March 31, 2026, before U.S. markets open on Wednesday, April 29, 2026. The Company will hold a conference call to discuss the financial results at 8:00 AM U.S. Eastern Time on Wednesday, April 29, 2026 (8:00 PM Beijing / Hong Kong time on the same day).
JPMorgan Chase and Co. raised its position in DAQO New Energy Corp. (NYSE: DQ) by 165.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 96,270 shares of the semiconductor company's stock after buying an additional 60,002
Shares of DAQO New Energy Corp. (NYSE: DQ - Get Free Report) have been assigned a consensus recommendation of "Hold" from the six ratings firms that are covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and one
Daqo New Energy has been selling off for the better part of the past five months or so, but this may also have created an opportunity to take advantage of. A bit of technical analysis suggests the decline of the last few months could be over, which means now could be a good time to enter. DQ has been losing money, including in the recently concluded fiscal year, but there are several reasons why long DQ is worth considering.
Daqo New Energy Corp. (DQ) Q4 2025 Earnings Call Transcript
