Daqo New Energy Announces Q3 2025 Financial Results

Daqo New Energy Corp. reported its unaudited financial results for the third quarter of 2025. The company saw significant improvements in key financial metrics compared to the previous quarter. Revenue increased to $244.6 million from $75.2 million in Q2 2025, driven by higher polysilicon sales volume and average selling price. Gross profit improved to $9.7 million from a gross loss of $81.4 million in Q2 2025. The company also reported a net loss of $14.9 million, a reduction from the $76.5 million loss in Q2 2025. Adjusted net income was $3.7 million, compared to an adjusted net loss of $57.9 million in the previous quarter. EBITDA was $45.8 million, a significant improvement from the -$48.2 million in Q2 2025. The company expects to produce between 39,500 MT to 42,500 MT of polysilicon in Q4 2025.