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Financials · DWSN

Dawson Geophysical Company (DWSN) financials

For the twelve months ended Jun 30, 2026, Dawson Geophysical Company reported $104.31M of revenue and $3.64M of net income.

Revenue, TTM
$104.31M
Revenue growth, YoY
+86.3%
Net income, TTM
$3.64M
Net margin
3.5%
Free cash flow, TTM
-$4.45M
EPS, diluted, TTM
$0.13
Cash
$5.75M
Total debt
$10.13M
P/E
14.00
P/S
0.49
Market cap
$50.9M
Annual revenue$75.63M
FY2016FY2025
Annual net income-$1.94M
FY2016FY2025
Annual free cash flow$7.15M
FY2016FY2025

DWSN revenue and earnings growth

DWSN revenueQ2 2026$17.91M

Quarter YoY
+81.8%
QoQ
-51.2%
FY YoY
+2.0%
5Y CAGR
-2.6%
10Y CAGR
-10.7%

DWSN revenue was $17.91M in fiscal Q2 2026 (ended Jun 30, 2026), up 81.8% from a year earlier and down 51.2% from the prior quarter. For the full fiscal 2025 it was $75.63M, up 2.0% from fiscal 2024. Compound annual growth was -2.6% over 5 years and -10.7% over 10 years. It rose in 4 of the last 10 fiscal years.

DWSN net incomeQ2 2026-$3.44M

DWSN net income was -$3.44M in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$2.35M a year earlier. For the full fiscal 2025 it was -$1.94M, compared with -$4.12M in fiscal 2024.

DWSN EPSQ2 2026-$0.11

DWSN diluted EPS was -$0.11 in fiscal Q2 2026 (ended Jun 30, 2026), compared with -$0.08 a year earlier. For the full fiscal 2025 it was -$0.06, compared with -$0.13 in fiscal 2024.

DWSN free cash flowQ2 2026$6.24M

5Y CAGR
-15.7%
10Y CAGR
-6.3%

DWSN free cash flow was $6.24M in fiscal Q2 2026 (ended Jun 30, 2026). For the full fiscal 2025 it was $7.15M, compared with -$3.73M in fiscal 2024. Compound annual growth was -15.7% over 5 years and -6.3% over 10 years.

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Income statement

Income statement
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue$75.63M$74.15M$96.85M$51.63M$24.70M$86.10M$145.77M$154.16M$156.53M$137.64M
Cost of revenue$62.61M$63.02M$86.66M$46.55M$29.02M$69.00M$123.02M$132.94M$139.07M-
Gross profit$13.02M$11.13M$10.19M$5.08M-$4.32M$17.10M$22.75M$21.22M$17.46M-
Selling, general and admin$9.01M$9.95M$12.56M$15.46M$12.05M$13.92M$17.17M$16.29M$16.19M$16.82M
Operating income-$1.66M-$4.55M-$13.07M-$22.20M-$29.23M-$13.99M-$16.25M-$25.03M-$37.96M-$47.49M
Interest expense$536.0K$159.0K$103.0K$31.0K$21.0K$83.0K$435.0K$408.0K$158.0K$260.0K
Pre-tax income-$1.94M-$4.11M-$12.24M-$18.54M-$29.12M-$13.17M-$15.45M-$25.20M-$37.10M-$44.29M
Income tax$6.0K$7.0K-$96.0K$107.0K-$26.0K$24.0K-$239.0K-$798.0K-$5.31M-$5.96M
Net income-$1.94M-$4.12M-$12.15M-$18.64M-$29.09M-$13.20M-$15.21M-$24.41M-$31.79M-$38.33M
EPS, basic-$0.06-$0.13-$0.45-$0.75-$1.23-$0.56-$0.66-$1.07-$1.40-$1.69
EPS, diluted-$0.06-$0.13-$0.45-$0.75-$1.23-$0.56-$0.66-$1.07-$1.40-$1.69
Diluted shares31.0M30.9M26.8M25.0M23.6M23.4M23.2M22.9M22.8M22.7M

Balance sheet

Balance sheet
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Cash and equivalents$4.91M$1.39M$15.77M$23.60M$30.38M$45.95M$31.27M$28.73M$22.01M$14.62M
Short-term investments$370.0K$0$265.0K$265.0K$265.0K$583.0K$2.35M$10.58M$16.58M$40.25M
Receivables$9.36M$9.92M$12.73M$7.97M$8.90M$7.34M$24.36M$25.34M$33.16M$16.28M
Current assets$21.84M$14.54M$37.43M$43.83M$42.86M$58.59M$65.62M$77.03M$79.79M$75.73M
Total assets$56.01M$30.87M$57.52M$68.67M$74.04M$103.38M$127.61M$150.69M$167.92M$187.67M
Current liabilities$26.84M$9.93M$22.42M$16.19M$7.59M$7.44M$18.26M$27.29M$20.42M$15.00M
Long-term debt$11.32M$1.51M$1.29M$207.0K$8.0K$44.0K$96.0K$6.10M$5.15M-
Total debt$11.32M$1.51M$1.29M$207.0K$8.0K$44.0K$96.0K$6.10M$5.15M-
Total liabilities$40.20M$13.59M--------
Shareholders' equity$15.81M$17.28M$31.43M$48.80M$62.48M$90.97M$103.17M$117.02M$141.32M$171.47M

Cash flow

Cash flow
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Operating cash flow$13.98M-$1.87M$814.0K-$3.27M-$16.05M$19.64M$9.48M$12.87M-$6.70M$8.74M
Capital expenditures$6.83M$1.86M$3.72M$1.43M$505.0K$2.85M$4.40M$15.74M$8.68M$8.25M
Free cash flow$7.15M-$3.73M-$2.91M-$4.70M-$16.55M$16.79M$5.08M-$2.87M-$15.38M$491.0K
Investing cash flow-$6.73M-$735.0K-$4.50M-$1.09M$264.0K-$512.0K$4.18M-$8.60M$16.79M-$22.73M
Financing cash flow-$3.68M-$11.56M-$4.20M-$2.15M$95.0K-$4.53M-$11.26M$2.52M-$3.42M-$8.48M
Dividends paid-$9.86M-----$1.0K--
Stock-based compensation$130.0K$473.0K-$413.0K$479.0K$703.0K$1.21M$1.37M$976.0K$879.0K
Depreciation and amortization$5.67M$5.74M$8.49M$11.83M$12.86M$17.17M$21.83M$29.96M$39.23M$44.28M

Key ratios

Key ratios
Line item
FY2025
Dec 31, 2025
FY2024
Dec 31, 2024
FY2023
Dec 31, 2023
FY2022
Dec 31, 2022
FY2021
Dec 31, 2021
FY2020
Dec 31, 2020
FY2019
Dec 31, 2019
FY2018
Dec 31, 2018
FY2017
Dec 31, 2017
FY2016
Dec 31, 2016
Revenue growth, YoY2.0%-23.4%87.6%109.1%-71.3%-40.9%-5.4%-1.5%13.7%-41.4%
Gross margin17.2%15.0%10.5%9.8%-17.5%19.9%15.6%13.8%11.2%-
Operating margin-2.2%-6.1%-13.5%-43.0%-118.4%-16.3%-11.1%-16.2%-24.3%-34.5%
Net margin-2.6%-5.6%-12.5%-36.1%-117.8%-15.3%-10.4%-15.8%-20.3%-27.9%
Free cash flow margin9.4%-5.0%-3.0%-9.1%-67.0%19.5%3.5%-1.9%-9.8%0.4%
Return on equity-12.3%-23.8%-38.6%-38.2%-46.6%-14.5%-14.7%-20.9%-22.5%-22.4%
Return on assets-3.5%-13.3%-21.1%-27.2%-39.3%-12.8%-11.9%-16.2%-18.9%-20.4%
Current ratio0.811.461.672.715.657.873.592.823.915.05
Debt to equity0.720.090.040.000.000.000.000.050.04-

Source: XBRL data Dawson Geophysical Company files with the SEC, latest filing dated Aug 14, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures and share counts are restated for stock splits the filings show: 1-for-3, first reported Mar 16, 2015.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

DWSN peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
DWSN$104.31M+86.3%$3.64M3.5%$50.9M
SHEL$273.73B-5.3%$17.84B6.5%$274.09B
TTE$201.20B-6.2%$13.13B6.5%$191.61B
PBR$89.19B-2.4%$19.63B22.0%$119.38B
CNQC$38.76B+8.7%C$10.82B27.9%$100.44B
E€82.15B-7.5%€2.61B3.2%$87.24B
EOG$29.73B+31.7%$8.19B27.5%$77.17B
OXY$22.00B+7.8%$6.53B29.7%$56.35B
OKE$43.19B+36.8%$4.07B9.4%$53.71B

DWSN FAQ

9 questions
  • What is DWSN revenue?
    Dawson Geophysical Company (DWSN) reported $104.31M of revenue for the twelve months ended Jun 30, 2026. That is up 86.3% from the year before. Revenue for fiscal 2025 was $75.63M.
  • Is DWSN profitable?
    Yes. Dawson Geophysical Company earned $3.64M in net income for the twelve months ended Jun 30, 2026, a net margin of 3.5%.
  • How much cash and debt does DWSN have?
    Dawson Geophysical Company reported $5.75M in cash and cash equivalents and $10.13M of debt on its most recent balance sheet in SEC filings.
  • How fast is DWSN revenue growing?
    Dawson Geophysical Company's revenue changed +2.0% in fiscal 2025, to $75.63M. Its compound annual growth rate was -2.6% over 5 years and -10.7% over 10 years.
  • What is DWSN gross margin?
    Dawson Geophysical Company's gross profit was $23.27M on $104.31M of revenue for the twelve months ended Jun 30, 2026, a gross margin of 22.3%.
  • What is DWSN free cash flow?
    Dawson Geophysical Company generated -$4.45M of free cash flow for the twelve months ended Jun 30, 2026, which is operating cash flow of $3.35M less capital expenditures.
  • What is DWSN earnings per share?
    Diluted earnings per share were $0.13 for the twelve months ended Jun 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did DWSN last report financial results?
    The latest statements here come from Dawson Geophysical Company's 10-Q filed on Aug 14, 2026, covering the period ended Jun 30, 2026.
  • Where does this DWSN financial data come from?
    Quantisnow builds these statements from the structured XBRL data Dawson Geophysical Company files with the SEC. It is provided for information only and is not investment advice.