Daqo Q2 FY26 net loss narrows to USD 81.2 million; revenue rises to USD 62.7 million
DQ•Guidance
Daqo guided Q3 polysilicon output at 40,000-45,000 MT; full-year production is seen at 160,000-180,000 MT.
Q2 FY26 results
Daqo New Energy posted Q2 2026 revenue of USD 62.7 million, up 134.8% quarter-on-quarter.
Net loss attributable to shareholders narrowed to USD 81.2 million; loss per basic ADS improved to USD 1.2.
Gross loss tightened to USD 82.7 million; gross margin improved 389.5 percentage points to negative 132%.
Polysilicon average selling price fell to USD 4.04/kg; sales volume climbed to 15,190 MT.
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