Daqo New Energy (DQ) Tax Provisions (2009 - 2026)
Daqo New Energy's (DQ) quarterly Tax Provisions came in at -$21.5 million in Q2 2026, down 363.58% year-over-year from $8.2 million in Q2 2025, and down 199.52% quarter-over-quarter from $21.6 million in Q1 2026.
Analysis
Daqo New Energy (DQ) Tax Provisions (2009 - 2026) Analysis & Trends
Daqo New Energy has disclosed Tax Provisions across 17 years of filings, most recently posting -$21.5 million for Q2 2026.
- In Q2 2026, Tax Provisions fell 363.58% year-over-year to -$21.5 million; the TTM figure through Jun 2026 stood at $692000.0 (down 99.15% YoY), while the FY2025 annual figure was $21.0 million, down 69.91% from the prior year.
- Tax Provisions came in at -$21.5 million for Q2 2026 at Daqo New Energy, down from $21.6 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $49.0 million in Q4 2024 to a low of -$155.2 million in Q3 2022.
- Average Tax Provisions over 5 years is -$36.2 million, with a median of -$16.4 million recorded in 2023.
- Year-over-year, Tax Provisions plunged 796.72% in 2022 and surged 366.85% in 2024.
- Over 5 years, Tax Provisions stood at -$148.7 million in 2022, then jumped by 87.66% to -$18.4 million in 2023, then jumped by 366.85% to $49.0 million in 2024, then tumbled by 92.76% to $3.5 million in 2025, then tumbled by 707.45% to -$21.5 million in 2026.
- Per Business Quant data, the three most recent Tax Provisions figures were -$21.5 million in Q2 2026, $21.6 million in Q1 2026, and $3.5 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | LyondellBasell Industries | 41.13 Bn | 38.50 Bn | 2.04 Bn | 236.00 Mn |
| 2 | Westlake | 9.05 Bn | 7.20 Bn | 652.00 Mn | 67.00 Mn |
| 3 | Celanese | 5.08 Bn | 3.72 Bn | 618.00 Mn | 11.00 Mn |
| 4 | Methanex | 4.57 Bn | 4.18 Bn | 638.01 Mn | -104.00 Mn |
| 5 | Chemours | 2.28 Bn | 1.61 Bn | 286.00 Mn | 273.00 Mn |
| 6 | Olin | 1.95 Bn | 1.78 Bn | 170.20 Mn | 17.10 Mn |
| 7 | Sino Green Land | 1.85 Bn | 1.85 Bn | -78,936.00 | - |
| 8 | Braskem | 1.65 Bn | -541.37 Mn | - | - |
| 9 | Ecovyst | 1.09 Bn | 997.78 Mn | 49.85 Mn | 4.19 Mn |
| 10 | Daqo New Energy | 782.96 Mn | -22.35 Mn | -82.71 Mn | -21.54 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.54 Mn |
| Mar 31, 2026 | 21.64 Mn |
| Dec 31, 2025 | 3.55 Mn |
| Sep 30, 2025 | -2.96 Mn |
| Jun 30, 2025 | 8.17 Mn |
| Mar 31, 2025 | 12.27 Mn |
| Dec 31, 2024 | 48.97 Mn |
| Sep 30, 2024 | 12.01 Mn |
| Jun 30, 2024 | 23.28 Mn |
| Mar 31, 2024 | -14.36 Mn |
| Dec 31, 2023 | -18.35 Mn |
| Sep 30, 2023 | -21.44 Mn |
| Jun 30, 2023 | -44.73 Mn |
| Mar 31, 2023 | -81.07 Mn |
| Dec 31, 2022 | -148.68 Mn |
| Sep 30, 2022 | -155.20 Mn |
| Jun 30, 2022 | -143.46 Mn |
| Mar 31, 2022 | -129.91 Mn |
| Dec 31, 2021 | -50.39 Mn |
| Sep 30, 2021 | -119.71 Mn |