Daqo New Energy (DQ) Change in Working Capital (2019 - 2026)

Daqo New Energy has disclosed Change in Working Capital across 8 years of filings, most recently posting -$185.9 million for Q1 2026.

• Change in Working Capital for Q1 2026 came in at -$185.9 million, down 165.83% year-over-year; the trailing twelve-month figure through Mar 2026 was -$189.4 million (up 53.32% YoY), and the FY2025 annual result was -$73.5 million, up 86.77% from the prior year.
• Change in Working Capital came in at -$185.9 million for Q1 2026 at Daqo New Energy, down from $125.2 million in the prior quarter.
• In the past five years, Change in Working Capital ranged from a high of $903.0 million in Q4 2022 to a low of -$2.9 billion in Q3 2022.
• The 5-year median for Change in Working Capital is -$69.9 million (2025), against an average of -$148.2 million.
• Across the five-year window, Change in Working Capital sank 2836.95% in 2022 and soared 1142.39% in 2025, its largest moves.
• Daqo New Energy's Change in Working Capital stood at $903.0 million in 2022, then slumped by 103.28% to -$29.6 million in 2023, then jumped by 134.0% to $10.1 million in 2024, then jumped by 1142.39% to $125.2 million in 2025, then plunged by 248.5% to -$185.9 million in 2026.
• The last three Change in Working Capital figures came in at -$185.9 million (Q1 2026), $125.2 million (Q4 2025), and -$37.5 million (Q3 2025), per Business Quant data.