Daqo New Energy Corp. (DQ) Earnings History
Annual and quarterly earnings data from 2007 to 2025
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DQ EPS Growth (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
DQ Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | -20.7% | -40.6% | -25.6% |
| 2024 | -20.7% | -54.8% | -33.5% |
| 2023 | 39.9% | 33.9% | 18.6% |
| 2022 | 74.0% | 66.0% | 39.5% |
| 2021 | 65.4% | 62.6% | 44.6% |
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Daqo New Energy Corp. (DQ) Earnings Overview
As of May 8, 2026, Daqo New Energy Corp. (DQ) reported trailing twelve-month net income of -$187M, reflecting +51.0% year-over-year growth. The company earned $-2.77 per diluted share over the past four quarters, with a net profit margin of -25.6%.
Looking at the long-term picture, DQ's historical earnings data spans multiple years. The company achieved its highest annual net income of $1.82B in fiscal 2022.
Daqo New Energy Corp. is currently reporting a net loss, though operating performance should be evaluated in the context of growth investments and industry dynamics View revenue history →
Compared to peers including RUN ($568M net income, 15.2% margin), FSLR ($1.67B net income, 29.3% margin), CSIQ (-$104M net income, -1.9% margin), DQ has room to improve margins relative to the peer group. Compare DQ vs RUN →
DQ Earnings vs Peers
Earnings metrics vs comparable public companies
DQ Historical Earnings Data (2007–2025)
19 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | -$171M | +50.6% | -$270M | $-2.55 | -25.6% | -40.6% |
| 2024 | -$345M | -180.4% | -$564M | $-5.20 | -33.5% | -54.8% |
| 2023 | $430M | -76.4% | $783M | $5.75 | 18.6% | 33.9% |
| 2022 | $1.82B | +143.0% | $3.04B | $23.55 | 39.5% | 66.0% |
| 2021 | $749M | +479.7% | $1.05B | $9.75 | 44.6% | 62.6% |
| 2020 | $129M | +337.6% | $188M | $1.70 | 19.1% | 27.8% |
| 2019 | $30M | -22.6% | $47M | $0.42 | 8.4% | 13.6% |
| 2018 | $38M | -58.9% | $81M | $0.60 | 12.6% | 27.0% |
| 2017 | $93M | +113.5% | $129M | $1.70 | 26.3% | 36.5% |
| 2016 | $43M | +235.7% | $65M | $0.80 | 19.0% | 28.6% |
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Start ComparisonDQ — Frequently Asked Questions
Quick answers to the most common questions about buying DQ stock.
Is DQ growing earnings?
DQ EPS is $-2.77, with earnings growth accelerating to +51.0%. This exceeds the 5-year CAGR of N/A. TTM net income reached $-187M.
What are DQ's profit margins?
Daqo New Energy Corp. net margin is -25.6%, with operating margin at -40.6%. Below-average margins reflect competitive or cost pressures.
How consistent are DQ's earnings?
DQ earnings data spans 2007-2025. The accelerating earnings trend is +51.0% YoY. Historical data enables comparison across business cycles.