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| Date | Value |
|---|---|
| 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% |