Daqo New Energy (DQ) Operating Margin (2009 - 2026)
Daqo New Energy's (DQ) quarterly Operating Margin came in at 156.53% in Q2 2026, down 360.0% year-over-year from 60.2% in Q2 2025, and up 72.27% quarter-over-quarter from 564.37% in Q1 2026.
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Daqo New Energy (DQ) Operating Margin (2009 - 2026) Analysis & Trends
Daqo New Energy has disclosed Operating Margin across 18 years of filings, most recently posting 156.53% for Q2 2026.
- In Q2 2026, Operating Margin fell 360.0% year-over-year to 156.53%; the TTM figure through Jun 2026 stood at 52.2% (up 5371.0% YoY), while the FY2025 annual figure was 40.61%, up 1420.0% from the prior year.
- Operating Margin came in at 156.53% for Q2 2026 at Daqo New Energy, up from 564.37% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 74.56% in Q2 2022 to a low of 564.37% in Q1 2026.
- Average Operating Margin over 5 years is 48.99%, with a median of 1.83% recorded in 2023.
- Year-over-year, Operating Margin jumped 14462 bps in 2025 and tumbled 47233 bps in 2026.
- Over 5 years, Operating Margin stood at 72.09% in 2022, then tumbled by 76 bps to 17.49% in 2023, then slumped by 981 bps to 154.04% in 2024, then soared by 94 bps to 9.42% in 2025, then plunged by 1561 bps to 156.53% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 156.53% in Q2 2026, 564.37% in Q1 2026, and 9.42% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 16.81% |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 11.13% |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 10.03% |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | 35.25% |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | -13.39% |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 2.67% |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | -83.62% |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 7.75% |
| 10 | Daqo New Energy | 782.96 Mn | -22.35 Mn | -82.71 Mn | -156.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -156.53% |
| Mar 31, 2026 | -564.37% |
| Dec 31, 2025 | -9.42% |
| Sep 30, 2025 | -8.30% |
| Jun 30, 2025 | -152.93% |
| Mar 31, 2025 | -92.04% |
| Dec 31, 2024 | -154.04% |
| Sep 30, 2024 | -49.39% |
| Jun 30, 2024 | -88.95% |
| Mar 31, 2024 | 7.35% |
| Dec 31, 2023 | 17.49% |
| Sep 30, 2023 | 4.63% |
| Jun 30, 2023 | 33.59% |
| Mar 31, 2023 | 65.34% |
| Dec 31, 2022 | 72.09% |
| Sep 30, 2022 | 56.82% |
| Jun 30, 2022 | 74.56% |
| Mar 31, 2022 | 62.24% |
| Dec 31, 2021 | 57.67% |
| Sep 30, 2021 | 64.16% |