DWSN

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Dawson Geophysical Company

Cyclical demand Sells to businessesTags from an AI model reading the company description.

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Key Metrics

Previous Close: $2.60
52-Week Range: $1.50 – $7.85
Market Cap: $85.71M
P/E (TTM): 23.00
EPS (TTM): 0.12
Dividend Yield: 0.00%

Advanced Metrics

Price/Book: 4.28
PEG Ratio: 12.17
Return on Equity: 19.96%
Return on Assets: 6.57%
Gross Margin: 22.31%
Operating Margin: -16.91%
Profit Margin: 3.49%
Current Ratio: 0.88
Debt/Equity: 1.00
Total Debt: $20.05M
Free Cash Flow: $-5.56M
Revenue Growth: 81.80%
Earnings Growth: —
Enterprise Value: $99.63M

DWSN Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$51.63M	$96.85M	$74.15M	$75.63M
Cost of Revenue	$58.38M	$95.15M	$68.76M	$68.28M
Gross Profit	-$6.75M	$1.70M	$5.40M	$7.35M
Selling, General & Admin	$15.46M	$14.77M	$9.95M	$9.01M
Operating Expenses	$15.46M	$14.77M	$9.95M	$9.01M
Operating Income	-$22.20M	-$13.07M	-$4.55M	-$1.66M
EBITDA	-$6.68M	-$3.65M	$1.78M	$4.27M
Pretax Income	-$18.54M	-$12.24M	-$4.11M	-$1.94M
Income Tax	$107.00K	-$96.00K	$7.00K	$6.00K
Net Income	-$18.64M	-$12.15M	-$4.12M	-$1.94M
Diluted EPS	-0.86	-0.45	-0.13	-0.06
Diluted Shares	23.78M	26.75M	30.88M	31.02M

DWSN Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$18.60M	$10.77M	$1.39M	$4.91M
Receivables	$16.44M	$17.05M	$10.36M	$13.22M
Current Assets	$43.83M	$37.43M	$14.54M	$21.84M
Total Assets	$68.67M	$57.52M	$30.87M	$56.01M
Current Liabilities	$16.19M	$22.42M	$9.93M	$26.84M
Long-Term Debt	—	—	—	$9.85M
Total Debt	$4.93M	$6.23M	$5.78M	$20.66M
Total Liabilities	$19.87M	$26.09M	$13.59M	$40.20M
Retained Earnings	-$112.47M	-$123.64M	-$137.62M	-$139.56M
Shareholders' Equity	$48.80M	$31.43M	$17.28M	$15.81M
Working Capital	$27.63M	$15.01M	$4.61M	-$5.00M
Net Debt	—	—	—	$10.08M

DWSN Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	-$3.27M	$814.00K	-$1.87M	$13.98M
Capital Expenditure	-$1.43M	-$3.72M	-$1.86M	-$6.83M
Free Cash Flow	-$4.70M	-$2.91M	-$3.73M	$7.15M
Depreciation & Amortisation	$11.83M	$8.49M	$5.74M	$5.67M
Investing Cash Flow	-$1.09M	-$4.50M	-$735.00K	-$6.73M
Financing Cash Flow	-$2.15M	-$4.20M	-$11.56M	-$3.68M
Dividends Paid	—	$0.00	-$9.86M	$0.00
Net Change in Cash	-$6.51M	-$7.89M	-$14.16M	$3.56M

DWSN Income statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Revenue	$16.08M	$9.85M	$22.75M	$26.95M	$36.70M	$17.91M
Cost of Revenue	$1.27M	$1.17M	$21.81M	$23.53M	$2.00M	$1.99M
Gross Profit	$14.81M	$8.68M	$938.00K	$3.42M	$34.70M	$15.93M
Selling, General & Admin	$1.99M	$2.33M	$2.11M	$2.58M	$2.94M	$3.65M
Operating Expenses	$13.77M	$11.05M	$2.11M	$2.58M	$26.56M	$18.96M
Operating Income	$1.03M	-$2.37M	-$1.17M	$845.00K	$8.14M	-$3.03M
EBITDA	$2.34M	-$1.12M	$277.00K	$2.78M	$10.17M	-$1.01M
Pretax Income	$995.00K	-$2.36M	-$1.14M	$569.00K	$7.67M	-$3.42M
Income Tax	$3.00K	-$7.00K	$10.00K	$0.00	$10.00K	$15.00K
Net Income	$992.00K	-$2.35M	-$1.15M	$569.00K	$7.66M	-$3.44M
Diluted EPS	0.03	-0.08	-0.04	0.02	0.25	-0.11
Diluted Shares	31.04M	30.99M	31.05M	31.05M	31.11M	31.05M

DWSN Balance Sheet statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Cash & Equivalents	$2.67M	$16.23M	$5.08M	$4.91M	$1.37M	$5.75M
Receivables	$11.03M	$10.98M	$2.17M	$13.22M	$19.44M	$7.32M
Current Assets	$18.47M	$31.43M	$13.19M	$21.84M	$27.85M	$20.52M
Total Assets	$33.28M	$45.68M	$40.58M	$56.01M	$64.40M	$55.32M
Current Liabilities	$11.81M	$26.55M	$16.54M	$26.84M	$27.48M	$23.46M
Long-Term Debt	$1.33M	$1.13M	$6.54M	$9.85M	$11.73M	$10.13M
Total Debt	$6.62M	$5.61M	$13.51M	$20.66M	$21.98M	$20.05M
Total Liabilities	$14.99M	$29.27M	$25.39M	$40.20M	$41.07M	$35.29M
Retained Earnings	-$136.63M	-$138.98M	-$140.13M	-$139.56M	-$131.90M	-$135.34M
Shareholders' Equity	$18.29M	$16.41M	$15.19M	$15.81M	$23.33M	$20.04M
Working Capital	$6.66M	$4.88M	-$3.35M	-$5.00M	$376.00K	-$2.94M
Net Debt	$972.00K	—	$5.06M	$10.08M	$17.67M	$11.63M

DWSN Cash Flow statement, quarterly periods, in USD
USD	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026	Q2 2026
Operating Cash Flow	$1.75M	$14.88M	-$4.74M	$2.09M	-$465.00K	$6.46M
Capital Expenditure	—	—	-$5.43M	-$714.00K	-$1.43M	-$219.00K
Free Cash Flow	$1.75M	$14.19M	-$10.17M	$1.37M	-$1.90M	$6.24M
Depreciation & Amortisation	$1.27M	$1.17M	$1.35M	$1.88M	$2.00M	$1.99M
Investing Cash Flow	$185.00K	-$490.00K	-$5.42M	-$1.01M	-$1.34M	-$156.00K
Financing Cash Flow	-$631.00K	-$866.00K	-$954.00K	-$1.23M	-$1.69M	-$1.96M
Dividends Paid	—	—	$0.00	$0.00	—	—
Net Change in Cash	$1.31M	$13.52M	-$11.11M	-$155.00K	-$3.49M	$4.35M

Market Snapshot

About

Dawson Geophysical Company provides onshore seismic data acquisition and processing services to the oil and gas industry in the United States. The company uses seismic technology to create detailed images of subsurface rock formations, helping energy companies locate and evaluate potential drilling sites. Dawson operates a fleet of seismic crews equipped with advanced recording systems and specialized equipment. The company's business is closely tied to exploration and production activity levels in domestic oil and gas markets.