EL7.AI
StocksMediumUpdated×2•Originally published 20 August 2026•Updated 20 August 2026•
1 min read

Daqo New Energy Narrows Q2 Loss, Eyes AI Data Center Infrastructure

Key Facts

1Daqo New Energy reported a Q2 2026 net loss of $81.2 million, showing improvement from the previous quarter.
2Polysilicon sales volume increased significantly to 15,190 MT despite average selling prices falling below production costs.
3The company is diversifying into AI data center power infrastructure to hedge against solar PV cyclicality.

Amid the ongoing cyclical challenges in the global renewable energy sector, Daqo New Energy reported a net loss of $81.2 million for the second quarter of 2026. According to analyst reports, the company posted an EPS of -$1.20, missing the consensus estimate of -$0.57, although quarterly revenue of $62.70 million managed to surpass the expected $52.93 million.

The company is navigating a difficult environment as the average selling price for polysilicon fell to $4.04 per kilogram, dropping below its current production costs. Despite this, Daqo maintains a robust liquidity position with $1.92 billion in cash and zero debt, providing the capital needed to pivot toward power infrastructure for AI data centers as a strategic hedge against solar market volatility.

Looking ahead, the stabilization of polysilicon prices above the $4.04 mark remains the primary catalyst for a return to profitability.