Daqo New Energy Corp. (DQ)
NYSE: DQ · Real-Time Price · USD
14.93
+0.88 (6.26%)
Aug 20, 2026, 1:36 PM EDT - Market open
Daqo New Energy Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -191.72 | -170.51 | -345.22 | 429.55 | 1,820 | 748.92 |
Depreciation & Amortization | 236.67 | 236.67 | 206.36 | 148.89 | 107.1 | 77.37 |
Other Amortization | 3.36 | 3.36 | 3.32 | 2.37 | 1.22 | 0.82 |
Loss (Gain) From Sale of Assets | 2.29 | 2.29 | 18.91 | 4.38 | 8.9 | 2.75 |
Asset Writedown & Restructuring Costs | - | - | 175.63 | - | - | - |
Loss (Gain) From Sale of Investments | -1.36 | -1.36 | -0.03 | -0.11 | -1.11 | -2.41 |
Stock-Based Compensation | 55.82 | 55.82 | 71.79 | 141.92 | 307.45 | 10.08 |
Provision & Write-off of Bad Debts | 18.5 | 18.5 | 18.07 | - | - | - |
Other Operating Activities | -22.48 | -21.63 | -28.89 | 231.26 | 668.25 | 120.3 |
Change in Inventory | -45.13 | -45.13 | -59.01 | -26.62 | 140.6 | -275.43 |
Change in Accounts Payable | -0.86 | -0.86 | -64.83 | 13.37 | 7 | 61.07 |
Change in Unearned Revenue | 0.56 | 0.56 | -191.85 | -7.89 | -4.62 | 243.13 |
Change in Income Taxes | -0.51 | -0.51 | -88.12 | -126.12 | 160.06 | 47.45 |
Change in Other Net Operating Assets | -151.34 | -2.61 | -59.6 | 875.14 | -817.05 | -408.03 |
Operating Cash Flow | -121.12 | 49.67 | -435.42 | 1,616 | 2,463 | 638.99 |
Operating Cash Flow Growth | - | - | - | -34.38% | 285.40% | 204.71% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -140.37 | -173.01 | -358.83 | -1,111 | -1,205 | -498.51 |
Sale (Purchase) of Intangibles | - | - | -10.09 | -72.15 | -45.19 | -9.76 |
Investment in Securities | 189.21 | 38.78 | -1,112 | -13.07 | 252.1 | -273.63 |
Investing Cash Flow | 48.84 | -134.23 | -1,481 | -1,196 | -998.42 | -781.89 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | 140 | 178.75 | - |
Long-Term Debt Issued | - | - | - | - | - | 62.04 |
Total Debt Issued | - | - | - | 140 | 178.75 | 62.04 |
Short-Term Debt Repaid | - | - | - | -140 | -178.75 | - |
Long-Term Debt Repaid | - | - | - | - | - | -262.91 |
Total Debt Repaid | - | - | - | -140 | -178.75 | -262.91 |
Net Debt Issued (Repaid) | - | - | - | - | - | -200.87 |
Issuance of Common Stock | - | - | 0.06 | 0 | 1 | 2.14 |
Repurchase of Common Stock | - | - | -5 | -485.93 | -124.93 | - |
Other Financing Activities | -8.61 | -0.85 | -42.41 | -309.47 | 1,596 | 934.96 |
Financing Cash Flow | -8.61 | -0.85 | -47.36 | -795.4 | 1,472 | 736.23 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 37.64 | 27.36 | -46.05 | -97.08 | -139.94 | 12.24 |
Net Cash Flow | -43.25 | -58.06 | -2,010 | -472.4 | 2,796 | 605.56 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -261.49 | -123.35 | -794.25 | 505.3 | 1,257 | 140.48 |
Free Cash Flow Growth | - | - | - | -59.81% | 794.99% | 53.68% |
Free Cash Flow Margin | -47.06% | -18.54% | -77.18% | 21.90% | 27.28% | 8.37% |
Free Cash Flow Per Share | -3.88 | -1.83 | -12.01 | 6.74 | 16.27 | 1.83 |
Levered Free Cash Flow | -332.95 | -289.85 | -624.05 | 540.55 | 620.45 | -74.06 |
Unlevered Free Cash Flow | -332.95 | -289.85 | -624.05 | 540.55 | 620.45 | -61.26 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | - | - | - | 4.72 | 7.93 | 21.16 |
Cash Income Tax Paid | 4.34 | 4.34 | 102.5 | 289.53 | 350.58 | 108.1 |
Change in Working Capital | -222.19 | -73.46 | -555.37 | 657.8 | -448.96 | -318.84 |