Daqo New Energy (NYSE:DQ) reported second quarter 2026 revenue of $62.7 million, up from $26.7 million in the first quarter but below $75.2 million a year earlier, as higher polysilicon sales volume was offset by lower prices.
Daqo New Energy (NYSE:DQ), a leading manufacturer of high-purity polysilicon for the global solar PV industry, reported a challenging fiscal year 2025 as the sector grapples with persistent oversupply and depressed pricing.
Daqo New Energy's (NYSE:DQ) principal operating subsidiary, Xinjiang Daqo, expects a substantially smaller loss for 2025, signaling that the worst of the solar industry's recent price collapse may have passed.
