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

Daqo New Energy has reported Change in Working Capital for 8 years, with the latest figure at -$185.9 million in 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.
• The five-year high for Change in Working Capital was $597.1 million in Q3 2023, with the low at -$467.5 million in Q1 2022.
• A 5-year average of -$35.6 million and a median of -$69.9 million in 2025 frame the typical range for Change in Working Capital.
• Annual changes were most pronounced in 2022 — Change in Working Capital sank 1035.46% — and 2025, when it surged 1142.39%.
• Daqo New Energy's Change in Working Capital stood at $217.6 million in 2022, then plunged by 113.62% to -$29.6 million in 2023, then soared by 134.0% to $10.1 million in 2024, then soared 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.