Daqo NEW Energy vs Maxlinear
Daqo NEW Energy is the larger business, with $665m of revenue in fiscal 2025 against $468m for Maxlinear (1.4 times as much). Maxlinear grew faster (29.7% against -35.3%). Daqo NEW Energy kept more of each dollar of sales as profit: a net margin of -25.6% against -29.2%.
| Latest fiscal year | Daqo NEW EnergyDQ, 2025 | MaxlinearMXL, 2025 |
|---|---|---|
| Revenue | $665m | $468m |
| Revenue growth | -35.3% | 29.7% |
| Net income | −$171m | −$137m |
| Operating margin | — | -27.1% |
| Net margin | -25.6% | -29.2% |
| Return on equity | -3.9% | -28.2% |
| Free cash flow | −$123m | $7.0m |
| Cash | $856m | $72.8m |
| Total debt | $103m | $125m |
| Debt to equity | — | 27.7% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $20.0m |
| Employees | — | 1,115 |
| Market value | $733m | $5.77bn |
| Price vs our value range | — | — |
| Moat score | 32 (Weak) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 30 sales |