Daqo New Energy (DQ) Cost of Revenue (2009 - 2026)
Daqo New Energy (DQ) posted Cost of Revenue of $254.73 million for Q3 2026, up 8.4% from $234.95 million a year earlier and up 75.2% from the prior quarter.
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Analysis
Daqo New Energy (DQ) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Cost of Revenue at Daqo New Energy was $772.46 million, down 9.9% year-over-year; for FY2025, it was $803.27 million, down 35.3% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- In prior years, Daqo New Energy's Cost of Revenue was $1.24 billion in FY2024 (-10.5%), $1.39 billion in FY2023 (+15.5%), $1.2 billion in FY2022 (+106.4%) and $581.59 million in FY2021 (+31.7%).
- The Q3 2026 figure stands as the highest quarterly Cost of Revenue since Q4 2024.
- On a year-over-year basis, Cost of Revenue increased in 1 of the last eight quarters, with an average decline of 22.5%.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q1 2022, with growth of 240.3%; the weakest was Q2 2025, with a decline of 58.7%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $145.37 million (Q2 2026), $166.09 million (Q1 2026) and $206.27 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 4.96 Bn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 3.05 Bn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | 3.58 Bn |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 2.47 Bn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 7.00 Bn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | 3.95 Bn |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 2.59 Bn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 813.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | 1.04 Bn |
| 10 | Daqo New Energy | 790.34 Mn | -2.02 Bn | -60.58 Mn | 254.73 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 254.73 Mn |
| Jun 30, 2026 | 145.37 Mn |
| Mar 31, 2026 | 166.09 Mn |
| Dec 31, 2025 | 206.27 Mn |
| Sep 30, 2025 | 234.95 Mn |
| Jun 30, 2025 | 156.60 Mn |
| Mar 31, 2025 | 205.45 Mn |
| Dec 31, 2024 | 260.62 Mn |
| Sep 30, 2024 | 259.09 Mn |
| Jun 30, 2024 | 379.07 Mn |
| Mar 31, 2024 | 343.23 Mn |
| Dec 31, 2023 | 389.10 Mn |
| Sep 30, 2023 | 417.03 Mn |
| Jun 30, 2023 | 377.82 Mn |
| Mar 31, 2023 | 203.10 Mn |
| Dec 31, 2022 | 195.37 Mn |
| Sep 30, 2022 | 241.07 Mn |
| Jun 30, 2022 | 297.22 Mn |
| Mar 31, 2022 | 466.77 Mn |
| Dec 31, 2021 | 155.72 Mn |
API Access
Daqo New Energy Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "DQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=DQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();