# Daqo New Energy (DQ) — Earnings

DQ · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/dq/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | −$1.20 |
| EPS estimate | −$0.57 |
| EPS surprise | −110.53% |
| Revenue surprise | +18.38% |
| Revenue | $62.7M |
| Revenue estimate | $52.9M |
| Reported | Aug 20, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1477641/000110465926099218/tm2623691d1_6k.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/ff97143e-a664-83ac-4d68-49e2881f0298.html) |

Daqo New Energy reported Q2 2026 results on August 20, 2026. It posted a loss of $1.20 per share, against an expected loss of $0.57, a miss of 110.53%. Revenue was $62.7 million, 18.38% above the $52.9 million estimate. Compared with Q2 2025, the loss per share widened about 5% from $1.14, and revenue fell about 17% from $75.2 million. Revenue more than doubled from Q1 2026, whose $26.7 million is the lowest in the table.

The longer record shows a steep decline. Annual EPS was $24.06 in 2022 and $5.41 in 2023, followed by losses of $5.20 per share in 2024 and $2.54 in 2025. The first half of 2026 alone produced a loss of $2.51. Quarterly revenue peaked at $1.3 billion in Q1 2022, and the highest EPS in the table was $8.18 in Q2 2022. Every quarter since Q2 2024 has been a loss, the deepest at $2.71 in Q4 2024. Over the last 20 quarters, Daqo beat the EPS estimate five times.

Daqo reported Q3 between October 27 and November 2 in each of the past five years. That points to late October 2026. It will show whether the run of losses continues.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Aug 20, 2026 | −$0.57 | −$1.20 | -110.53% | $52.9M | $62.7M |
| Q1 2026 | Apr 29, 2026 | −$0.67 | −$1.31 | -96.49% | $96.9M | $26.7M |
| Q4 2025 | Mar 2, 2026 | −$0.20 | −$0.11 | 45.00% | $273.7M | $221.7M |
| Q3 2025 | Oct 27, 2025 | −$0.59 | −$0.22 | 62.55% | $176.8M | $244.6M |
| Q2 2025 | Aug 26, 2025 | −$1.28 | −$1.14 | 10.59% | $112.2M | $75.2M |
| Q1 2025 | Apr 29, 2025 | −$0.70 | −$1.07 | -53.96% | $182.1M | $123.9M |
| Q4 2024 | Feb 27, 2025 | −$2.08 | −$2.71 | -30.29% | $153.5M | $195.4M |
| Q3 2024 | Oct 30, 2024 | −$0.31 | −$0.92 | -196.77% | $187.9M | $198.5M |
| Q2 2024 | Aug 26, 2024 | −$0.70 | −$1.81 | -160.43% | $302.4M | $219.9M |
| Q1 2024 | Apr 29, 2024 | $0.56 | $0.24 | -57.14% | $491.9M | $415.3M |
| Q4 2023 | Feb 28, 2024 | $0.84 | $0.64 | -23.81% | $529.4M | $477.1M |
| Q3 2023 | Oct 30, 2023 | $1.70 | −$0.09 | -105.29% | $672.3M | $484.8M |
| Q2 2023 | Aug 3, 2023 | $4.50 | $1.34 | -70.24% | $1.0B | $636.7M |
| Q1 2023 | Apr 27, 2023 | $4.75 | $3.52 | -25.84% | $914.8M | $709.8M |
| Q4 2022 | Feb 28, 2023 | $6.35 | $4.71 | -25.77% | $959.7M | $864.3M |
| Q3 2022 | Oct 28, 2022 | $7.08 | $4.18 | -40.92% | $1.2B | $1.2B |
| Q2 2022 | Aug 3, 2022 | $8.39 | $8.18 | -2.50% | $1.3B | $1.2B |
| Q1 2022 | Apr 27, 2022 | $5.89 | $6.99 | 18.73% | $1.2B | $1.3B |
| Q4 2021 | Mar 1, 2022 | $3.18 | $1.94 | -38.99% | $550.7M | $395.5M |
| Q3 2021 | Nov 2, 2021 | $2.35 | $3.81 | 62.13% | $541.3M | $585.8M |

## Frequently Asked Questions

### When did Daqo New Energy (DQ) last report earnings?

Daqo New Energy last reported on Aug 20, 2026, covering fiscal Q2 2026.

### Did DQ beat earnings estimates?

No. Daqo New Energy reported EPS of −$1.20 for Q2 2026 against a −$0.57 estimate — a 110.53% miss.

### How much revenue did DQ report last quarter?

Daqo New Energy reported $62.7M in revenue for Q2 2026, against a consensus estimate of $52.9M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

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