Daqo New Energy (DQ) Research & Development (2009 - 2026)
Daqo New Energy's Research & Development came in at $2.72 million for Q3 2026, up 386.6% from $559,000 a year earlier and up 75.5% from the prior quarter.
Powered by 
Analysis
Daqo New Energy (DQ) Research & Development (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Daqo New Energy reported Research & Development of $5.78 million, up 158.5% year-over-year; for FY2025, it was $2.58 million, down 43.3% from FY2024.
- Research & Development carries a five-year compound annual growth rate of -17.7% (FY2020 to FY2025).
- Going back by year, Research & Development was $4.56 million in FY2024 (-54.9%), $10.12 million in FY2023 (+0.7%), $10.04 million in FY2022 (+54.6%) and $6.5 million in FY2021 (-5.3%).
- The Q3 2026 figure represents the highest quarterly Research & Development since Q4 2023.
- Year-over-year, Research & Development has increased for four consecutive quarters, with growth averaging 48.3% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in Q3 2026 (growth of 386.6%), and the weakest in Q4 2024 (a decline of 88.6%).
- Business Quant data shows DQ's Research & Development at $1.55 million (Q2 2026), $783,000 (Q1 2026) and $722,000 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 239.54 Bn | 223.24 Bn | 4.44 Bn | 37.00 Mn |
| 2 | Corning | 96.61 Bn | 88.91 Bn | 1.81 Bn | 314.00 Mn |
| 3 | Sherwin Williams | 85.84 Bn | 84.86 Bn | 3.28 Bn | - |
| 4 | Air Products & Chemicals | 69.53 Bn | 72.40 Bn | - | 25.40 Mn |
| 5 | LyondellBasell Industries | 39.13 Bn | 27.31 Bn | 1.50 Bn | 35.00 Mn |
| 6 | Nutrien | 34.78 Bn | 31.35 Bn | 1.86 Bn | - |
| 7 | Ppg Industries | 27.48 Bn | 20.55 Bn | 1.76 Bn | 106.00 Mn |
| 8 | Qnity Electronics | 25.83 Bn | 22.27 Bn | 743.00 Mn | 105.00 Mn |
| 9 | Ati | 24.82 Bn | 22.90 Bn | 380.20 Mn | - |
| 10 | Daqo New Energy | 790.34 Mn | -2.02 Bn | -60.58 Mn | 2.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.72 Mn |
| Jun 30, 2026 | 1.55 Mn |
| Mar 31, 2026 | 783,000.00 |
| Dec 31, 2025 | 722,000.00 |
| Sep 30, 2025 | 559,000.00 |
| Jun 30, 2025 | 796,000.00 |
| Mar 31, 2025 | 507,000.00 |
| Dec 31, 2024 | 372,000.00 |
| Sep 30, 2024 | 813,000.00 |
| Jun 30, 2024 | 1.84 Mn |
| Mar 31, 2024 | 1.54 Mn |
| Dec 31, 2023 | 3.25 Mn |
| Sep 30, 2023 | 2.76 Mn |
| Jun 30, 2023 | 2.17 Mn |
| Mar 31, 2023 | 1.94 Mn |
| Dec 31, 2022 | 2.74 Mn |
| Sep 30, 2022 | 2.51 Mn |
| Jun 30, 2022 | 2.71 Mn |
| Mar 31, 2022 | 2.08 Mn |
| Dec 31, 2021 | 1.27 Mn |
API Access
Daqo New Energy Research & Development 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=research-and-development&ticker=DQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=DQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();