Quick Answer
DAQO NEW ENERGY CORP. reported Total Revenue of $1.03 billion for fiscal year 2024.
DAQO NEW ENERGY CORP. — Key Financials by Year
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Total Revenue | $1.03B -55.4% |
$2.31B -49.9% |
$4.61B +174.5% |
$1.68B +148.5% |
$675.60M +93.0% |
$349.99M +16.0% |
| Net Income | -$345.21M -180.4% |
$429.55M -76.4% |
$1.82B +143.0% |
$748.92M +479.7% |
$129.19M +337.6% |
$29.52M -22.6% |
| Diluted EPS | -$1.04 -190.4% |
$1.15 -75.4% |
$4.67 +139.5% |
$1.95 +473.5% |
$0.34 +325.0% |
$0.08 -33.3% |
| Total Assets | $6.42B -13.6% |
$7.43B -2.2% |
$7.59B +127.1% |
$3.34B +169.8% |
$1.24B +3.1% |
$1.20B +40.5% |
| Cash and Equivalents | $1.01B -66.9% |
$3.04B -13.2% |
$3.50B +383.5% |
$723.77M +844.9% |
$76.60M +45.4% |
$52.69M -20.7% |
| Long-Term Debt | — | — | — | $0.00 -100.0% |
$123.22M -18.7% |
$151.52M +13.7% |
| Stockholders Equity | $4.36B -8.4% |
$4.76B -0.9% |
$4.81B +122.4% |
$2.16B +181.8% |
$767.12M +35.4% |
$566.64M +7.9% |
| R&D Expense | $4.56M -54.9% |
$10.12M +0.7% |
$10.04M +54.6% |
$6.50M -5.3% |
$6.86M +20.1% |
$5.71M +108.5% |
| Operating Income | -$564.09M -172.0% |
$783.43M -74.2% |
$3.04B +189.2% |
$1.05B +459.7% |
$187.85M +295.6% |
$47.48M -41.5% |
| Gross Profit | -$212.93M -123.1% |
$920.65M -73.0% |
$3.41B +210.6% |
$1.10B +368.9% |
$233.99M +192.1% |
$80.10M -18.4% |
| Shares Outstanding | 333.76M +1.6% |
328.51M -16.0% |
391.02M +5.0% |
372.53M +2.0% |
365.24M +5.1% |
347.42M +4.6% |
- DAQO NEW ENERGY CORP. reported Total Revenue of $1.03 billion for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -55.4% in Total Revenue compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Net Income of -$345.21 million for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -180.4% in Net Income compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Diluted EPS of $1.04 per share (loss) for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -190.4% in Diluted EPS compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Total Assets of $6.42 billion for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -13.6% in Total Assets compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Cash and Equivalents of $1.01 billion for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -66.9% in Cash and Equivalents compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Long-Term Debt of $0.00 for fiscal year 2021.
- DAQO NEW ENERGY CORP. showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Stockholders Equity of $4.36 billion for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -8.4% in Stockholders Equity compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported R&D Expense of $4.56 million for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -54.9% in R&D Expense compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Operating Income of -$564.09 million for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -172.0% in Operating Income compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Gross Profit of -$212.93 million for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed a decrease of -123.1% in Gross Profit compared to the prior fiscal year.
- DAQO NEW ENERGY CORP. reported Shares Outstanding of 333.76 million shares for fiscal year 2024.
- DAQO NEW ENERGY CORP. showed an increase of +1.6% in Shares Outstanding compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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