DAQO New Energy Corp.
DQ Technology Solar
DAQO New Energy Corp.’s revenue for fiscal 2025 (year ended December 2025) was $665.4 million, down 35.3% from fiscal 2024. In the quarter to June 2026, revenue fell 16.7%, EPS fell 5.26% and free cash flow fell 60.4%, each against the same quarter a year earlier.
Follow DQ
DAQO New Energy Corp. (DQ) EV/Sales
As of 16 October 2026, DAQO New Energy Corp. (DQ) trades at a EV/Sales of −2.6×. Over the past ten years it has ranged from −2.6× (June 2025) to 13.2× (February 2021); the current reading is higher than 0% of that period. That is below the Solar industry median of 0.6× and below the Technology sector median of 2.7×.
EV/Sales, daily
Embed this chart
Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 0.2× | — |
| FY2024 | −0.6× | — |
| FY2023 | −0.4× | — |
| FY2022 | −0.1× | — |
| FY2021 | 1.3× | (79.33%) |
| FY2020 | 6.1× | 149.59% |
| FY2019 | 2.5× | 113.58% |
| FY2018 | 1.2× | (52.55%) |
| FY2017 | 2.4× | 41.23% |
| FY2016 | 1.7× | (17.81%) |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | −2.5× | — |
| Mar 2026 | −0.5× | — |
| Dec 2025 | 0.2× | 34.45% |
| Sep 2025 | 0.1× | — |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| DQ DAQO New Energy Corp. | −2.6× |
| TOYO TOYO Co., Ltd. compare | n/m |
| JKS JinkoSolar Holding Company Limited compare | 0.1× |
| SPWR CSLM Acquisition Corp. compare | 0.6× |
| ARRY Array Technologies, Inc. compare | 0.7× |
| SEDG SolarEdge Technologies, Inc. compare | 1.5× |
| SHLS Shoals Technologies Group, Inc. compare | 2.4× |
| ENPH Enphase Energy, Inc. compare | 3.2× |
| RUN Sunrun Inc. compare | 4.5× |
| Solar industry median | 0.6× |
| Technology sector median | 2.7× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)