Daqo New Energy (DQ) Tax Rate (2009 - 2026)

Daqo New Energy (DQ) posted Tax Rate of 15.1% for Q1 2026, up 42.9% sequentially from 26.45% in Q4 2025, and down 341.0% YoY from 6.27% in Q1 2025.

Daqo New Energy (DQ) Tax Rate (2009 - 2026) Analysis & Trends

Daqo New Energy (DQ) has 17 years of Tax Rate data on file, last reported at 15.1% in Q1 2026.

  • Quarterly Tax Rate fell 341.0% year-over-year to 15.1% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 7.66% (up 541.0% YoY) and the FY2025 annual result came in at 8.87%, down 462.0% from the prior year.
  • Tax Rate improved to 15.1% in Q1 2026 per DQ's latest filing, from 26.45% in the prior quarter.
  • The five-year high for Tax Rate was 24.89% in Q3 2025, with the low at 54.58% in Q3 2023.
  • Average Tax Rate over 5 years is 17.8%, with a median of 16.86% recorded in 2024.
  • Year-over-year, Tax Rate slumped 3244 bps in 2023 and soared 4108 bps in 2024.
  • Daqo New Energy's Tax Rate stood at 23.41% in 2022, then gained by 19 bps to 19.01% in 2023, then grew by 11 bps to 16.86% in 2024, then sank by 57 bps to 26.45% in 2025, then surged by 43 bps to 15.1% in 2026.
  • Business Quant data shows DQ's Tax Rate at 15.1% in Q1 2026, 26.45% in Q4 2025, and 24.89% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Applied Materials 516.82 Bn 510.08 Bn 3.95 Bn 12.99%
2 Lam Research 488.97 Bn 484.22 Bn 2.91 Bn 9.25%
3 Kla 348.47 Bn 343.51 Bn 2.09 Bn 15.23%
4 Teradyne 66.84 Bn 66.60 Bn 780.95 Mn 13.35%
5 Qnity Electronics 32.19 Bn 32.35 Bn 618.00 Mn 25.69%
6 Entegris 25.16 Bn 24.72 Bn 380.80 Mn 1.07%
7 Amkor Technology 19.80 Bn 17.99 Bn 239.03 Mn 12.77%
8 Formfactor 11.45 Bn 11.15 Bn 86.79 Mn 2.06%
9 ACM Research 7.71 Bn 7.32 Bn 107.24 Mn 12.57%
10 Daqo New Energy 859.36 Mn 1.09 Bn -139.37 Bn -15.10%

Historic Data

Download Data
DateValue
Mar 31, 2026 -15.10%
Mar 31, 2026 -15.10%
Dec 31, 2025 -26.45%
Dec 31, 2025 -26.45%
Sep 30, 2025 24.89%
Sep 30, 2025 24.89%
Jun 30, 2025 -7.65%
Jun 30, 2025 -7.65%
Mar 31, 2025 -11.69%
Mar 31, 2025 -11.69%
Dec 31, 2024 -16.86%
Dec 31, 2024 -16.86%
Sep 30, 2024 -13.50%
Sep 30, 2024 -13.50%
Jun 30, 2024 -12.85%
Jun 30, 2024 -12.85%
Mar 31, 2024 -33.77%
Mar 31, 2024 -33.77%
Dec 31, 2023 -19.01%
Dec 31, 2023 -19.01%