Daqo New Energy (DQ) Net Margin (2009 - 2026)
Daqo New Energy (DQ) recorded Net Margin of -179.35% in Q2 2026, down 48.15 percentage points from -131.20% a year earlier but up 275.96 percentage points from the prior quarter.
Powered by 
Analysis
Daqo New Energy (DQ) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Daqo New Energy's Net Margin came in at -46.58% as of Jun 30, 2026, up 39.40 percentage points year-over-year; for FY2025, it came in at -32.47%, up 11.08 percentage points from FY2024.
- Annual Net Margin has a five-year change of -51.60 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -43.55% in FY2024 (-62.16 pp), 18.61% in FY2023 (-20.88 pp), 39.49% in FY2022 (-5.12 pp) and 44.61% in FY2021 (+25.49 pp).
- Quarterly Net Margin has ranged from -455.31% in Q1 2026 to 50.46% in Q2 2022 over the past five years.
- On a year-over-year basis, Net Margin rose in two of the last eight quarters, with an average year-over-year change of -74.00 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 119.18 percentage points in Q4 2025, against a drop of 380.47 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at -455.31% (Q1 2026), -4.45% (Q4 2025) and -6.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 231.79 Bn | 213.37 Bn | 4.43 Bn | 20.76% |
| 2 | Corning | 113.88 Bn | 106.45 Bn | 1.63 Bn | 12.41% |
| 3 | Sherwin Williams | 82.04 Bn | 81.08 Bn | 3.34 Bn | 12.43% |
| 4 | Air Products & Chemicals | 67.19 Bn | 62.37 Bn | 1.04 Bn | -45.58% |
| 5 | LyondellBasell Industries | 41.36 Bn | 30.86 Bn | 2.04 Bn | 6.08% |
| 6 | Nutrien | 33.48 Bn | 30.31 Bn | 3.25 Bn | 11.30% |
| 7 | Qnity Electronics | 24.86 Bn | 22.00 Bn | 666.00 Mn | 8.68% |
| 8 | Ati | 24.70 Bn | 22.73 Bn | 309.80 Mn | 11.97% |
| 9 | Ppg Industries | 24.26 Bn | 16.91 Bn | 1.81 Bn | 9.72% |
| 10 | Daqo New Energy | 694.05 Mn | -3.77 Bn | -82.71 Mn | -179.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -179.35% |
| Mar 31, 2026 | -455.31% |
| Dec 31, 2025 | -4.45% |
| Sep 30, 2025 | -6.10% |
| Jun 30, 2025 | -131.20% |
| Mar 31, 2025 | -74.84% |
| Dec 31, 2024 | -123.63% |
| Sep 30, 2024 | -38.76% |
| Jun 30, 2024 | -71.78% |
| Mar 31, 2024 | 3.73% |
| Dec 31, 2023 | 11.20% |
| Sep 30, 2023 | 3.68% |
| Jun 30, 2023 | 16.29% |
| Mar 31, 2023 | 39.28% |
| Dec 31, 2022 | 42.01% |
| Sep 30, 2022 | 26.52% |
| Jun 30, 2022 | 50.46% |
| Mar 31, 2022 | 41.85% |
| Dec 31, 2021 | 35.72% |
| Sep 30, 2021 | 49.90% |
API Access
Daqo New Energy Net Margin 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=net-margin&ticker=DQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=DQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();