Daqo New Energy Corp. reported unaudited financial results for the second quarter ended June 30, 2026, revealing a net loss of $81.2 million and revenue of $62.7 million. The company sold 15,190 metric tons of polysilicon at an average selling price of $4.04 per kilogram, while maintaining a total production cost of $5.95 per kilogram. Cash and short-term investments totaled $1.92 billion, with zero debt on the balance sheet. Management noted that sales resumed in June following a period of restricted activity due to below-cost pricing conditions, and provided third-quarter production guidance of 40,000 to 45,000 metric tons. Daqo New Energy Corp. is a leading manufacturer of high-purity polysilicon for the global solar photovoltaic industry.