Dawson Geophysical Company

Dawson Geophysical Company

DWSN
Dawson Geophysical CompanyUS flagNASDAQ Global Select
4.17
USD
+0.16
- -
129.49MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
17.6
16.97
10.8
6.07
6.87
6.73
6.29
3.68
1.05
2.17
3.62
2.4
- -
3.1
Basic EPS, GAAP
-0.83
-1.03
-1.21
-1.69
-1.4
-1.07
-0.66
-0.56
-1.23
-0.78
-0.45
-0.13
- -
0.15
Free Cash Flow per Basic Share
3
2.13
0.95
0.39
-0.29
0.56
0.41
0.84
-0.68
-0.14
0.03
-0.06
- -
0.38
Dividend per Share
- -
0.08
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.32
- -
- -
Book Value per Share
5.47
11.56
3.19
1.3
-0.44
-1.5
-2.14
-2.68
-3.89
-4.72
-4.61
-4.45
- -
-4.24
Tangible Book Value per Share
9.02
22.9
9.64
7.51
6.18
5.09
4.43
3.87
2.63
2.04
1.16
0.55
- -
0.74
Basic Weighted Avg Shares
8
8
22
23
23
23
23
23
24
24
27
31
- -
31
Sales/Revenue/Turnover
135
144
235
138
157
154
146
86
25
52
97
74
76
96
Operating Margin (%)
-5.48
-8.47
-17.33
-34.5
-24.25
-16.23
-11.14
-16.25
-118.36
-43
-13.5
-6.13
-2.2
5.65
Depreciation Expense
25
24
47
44
39
30
22
17
13
12
8
6
6
6
Net Income, GAAP
-6
-9
-26
-38
-32
-24
-15
-13
-29
-19
-12
-4
-2
5
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.27
Profit Margin (%)
-4.69
-6.08
-11.2
-27.85
-20.31
-15.83
-10.44
-15.33
-117.8
-36.11
-12.54
-5.55
-2.57
4.91
Working Capital
18
69
71
61
59
50
47
51
35
28
15
5
-5
- -
LT Debt
7
4
2
- -
5
6
6
5
4
4
4
4
13
14
Total Equity
69
194
210
171
141
117
103
91
62
49
31
17
16
23
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
15.09
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-4.75
Return on Common Equity (%)
-14.02
-12.52
-31.41
-77.63
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5
7
8
LT Borrowings
7
10
12
LT Finance Leases
2
3
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
31
31
31
Market Capitalization
55
48
107

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
13
22
28
Cash, Cash Equivalents & STI
5
5
2
Accounts Receivable, Net
2
9
19
Inventories
- -
- -
- -
Total Current Liabilities
17
27
27
Payables & Accruals
7
12
11
ST Debt
5
7
8
Deferred Revenue
4
7
6

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-21.9%
-28.47%
-8.52%
Free Cash Flow
-201%
-312.91%
-849.04%
Net Income, GAAP
-11.46%
-13.86%
-52.88%
Sales/Revenue/Turnover
2.84%
20.78%
1.98%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
32
13
14
16
74
2025
16
10
23
27
76
2026
37
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.19
-0.12
-0.18
-0.03
-0.13
2025
0.03
-0.08
-0.04
0.02
- -
2026
0.25
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.32
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Anthony Clark
Full Time Employees
233
Sector
Energy
Industry
Oil & Gas Equipment & Services
Address
508 West Wall Midland TX United States of America 79701
IPO Date
Apr 5, 1994
Business
Dawson Geophysical Company Dawson Geophysical Company provides onshore seismic data acquisition and processing services to the oil and gas industry across North America, including the continental United States and Canada. The company offers a comprehensive suite of services encompassing seismic survey design and permitting; project management; surveying; field operations; equipment maintenance; and data processing for 2-D, 3-D, and multi-component seismic data, serving major oil and gas companies, independent operators, and providers of multi-client data libraries, with growing involvement in carbon capture, utilization, and storage (CCUS) seismic monitoring. Founded in 1952 by L. Decker Dawson and headquartered in Midland, Texas, with additional offices in Houston, Plano, Denver, Oklahoma City, and Calgary, Dawson Geophysical operates as a subsidiary of Wilks Brothers, LLC. In August 2025, the company entered a approximately $24 million agreement with Geospace Technologies Corporation Geospace Technologies Corporation to purchase Pioneer ultralight seismic land nodes, marking the first major sale of this product, with deliveries commencing in the third quarter of 2025 to enhance channel count, data quality, operational efficiencies, and competitiveness in high-resolution surveys. This strategic equipment investment follows a 2015 business combination with TGC Industries, Inc., and supports Dawson's focus on technological leadership amid industry demands for advanced subsurface imaging.

Company News

APIChat
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