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Side-by-side financial comparison of Ascent Solar Technologies, Inc. (ASTI) and DAQO NEW ENERGY CORP. (DQ), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Ascent Solar Technologies, Inc. is a publicly traded photovoltaic (PV) company located in Thornton, Colorado. Its primary product is a flexible CIGS solar cell on a plastic substrate.

Daqo New Energy Corp. is a Chinese company engaged in the manufacture of monocrystalline silicon (mono-Si) and polysilicon (poly-Si), primarily for use in solar photovoltaic systems. The company operates a mono-Si and poly-Si manufacturing facility located in Shihezi, Xinjiang Province, China. Daqo formerly manufactured silicon wafers at a facility in Chongqing, China and photovoltaic modules at a facility in Nanjing, China.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
ASTI
ASTI
DQ
DQ
Q4 25
$15.6K
Q3 25
$28.5K
Q2 25
$17.0K
Q1 25
$15.6K
Q4 24
$0
Q3 24
$8.6K
Q2 24
$27.7K
Q1 24
$5.6K
Net Profit
ASTI
ASTI
DQ
DQ
Q4 25
$-2.1M
Q3 25
$-2.0M
Q2 25
$-2.1M
Q1 25
$-1.7M
Q4 24
$-1.5M
Q3 24
$-1.7M
Q2 24
$-3.4M
Q1 24
$-2.5M
Operating Margin
ASTI
ASTI
DQ
DQ
Q4 25
-13243.9%
Q3 25
-6892.3%
Q2 25
-12316.8%
Q1 25
-11177.9%
Q4 24
Q3 24
-26443.2%
Q2 24
-8490.7%
Q1 24
-44206.0%
Net Margin
ASTI
ASTI
DQ
DQ
Q4 25
-13245.2%
Q3 25
-7081.3%
Q2 25
-12177.3%
Q1 25
-10716.2%
Q4 24
Q3 24
-19776.2%
Q2 24
-12420.5%
Q1 24
-45316.8%
EPS (diluted)
ASTI
ASTI
DQ
DQ
Q4 25
$-0.17
Q3 25
$-0.62
Q2 25
$-1.17
Q1 25
$-1.13
Q4 24
$50.75
Q3 24
$-1.37
Q2 24
$-6.76
Q1 24
$-53.00

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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