Dawson Geophysical Company DWSN

2.89 (0.19) (6.17%) as of 25 Sep
Market cap
$95.7M
P/E
24.1×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 1.17%

Capital & Financial Ratios

Market Cap 95.65
Revenue 104.31
Net Income 3.64
Free Cash Flow (4.21)
Net Debt 4.01
Current Ratio 0.87
Debt/Equity 0.51
P/E ratio 24.08
P/S ratio 0.86
P/B ratio 4.48
Past 5Y EPS Growth 27.29%
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth 41.80%
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 16 1 5 6
Receivables 13 10 9 7
Inventory — — — —
Other — — — —
37 15 22 21
2023 2024 2025 Q'26
Payables 4 3 10 7
ST’ Debt — — — —
Other — — — —
22 10 27 23
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (10.71%) (2.56%) 13.57%
Cash Flow (3.81%) (6.58%) 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (22.78%) (29.53%) (31.32%)

Revenue

Mar Jun Sep Dec Year
’26 37 18 — — —
’25 16 10 23 27 76
’24 32 13 14 16 74
’23 29 20 23 24 97
’22 22 5 7 18 52
’21 12 0 2 11 25
’20 39 29 9 9 86
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 0 6 — — —
’25 2 15 (5) 2 14
’24 2 6 (4) (5) (2)
’23 (2) 8 (3) (2) 1
’22 (9) 11 (3) (2) (3)
’21 0 (1) (4) (11) (16)
’20 0 9 15 (5) 20
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (2) 6 — — —
’25 2 14 (10) 1 8
’24 1 5 (4) (6) (3)
’23 (3) 7 (4) (3) (3)
’22 (9) 11 (4) (2) (4)
’21 0 (1) (4) (11) (16)
’20 (2) 8 15 (5) 17
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.25 (0.11) — — —
’25 0.03 (0.08) (0.04) 0.02 (0.06)
’24 0.19 (0.12) (0.18) (0.03) (0.13)
’23 (0.02) (0.18) (0.20) (0.07) (0.45)
’22 (0.06) (0.32) (0.32) (0.12) (0.86)
’21 (0.22) (0.38) (0.33) (0.30) (1.23)
’20 0.04 0.06 (0.33) (0.33) (0.56)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

2
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
2.76 3.52 3.04 1.90 0.84 1.83 1.08 1.28 1.27 1.08

Analyst estimates 2026–2028

Powerpack
Low Price
8.57 8.14 8.40 4.28 2.93 4.47 2.69 2.65 2.22 5.54
High Price
814 851 582 455 219 190 226 281 233 269
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
138 157 154 146 86 25 52 97 74 76
Revenue
9.89% 11.15% 13.76% 15.61% 19.86% (17.50%) 9.85% 10.52% 15.01% 17.21%
Gross Margin
(44) (37) (25) (15) (13) (29) (19) (12) (4) (2)
EBT
(32.18%) (23.70%) (16.35%) (10.60%) (15.30%) (117.91%) (35.91%) (12.64%) (5.55%) (2.56%)
EBT Margin
(38) (32) (24) (15) (13) (29) (19) (12) (4) (2)
Net Income
44 39 30 22 17 13 12 8 6 6
Depreciation
6.07 6.87 6.73 6.29 3.68 1.05 2.07 3.62 2.40 2.44
Revenue/Sh
(1.75) (1.37) (1.07) (0.66) (0.56) (1.23) (0.86) (0.45) (0.13) (0.06)
Earnings/Sh
0.39 (0.29) 0.56 0.41 0.84 (0.68) (0.13) 0.03 (0.06) 0.45
Cash Flow/Sh
(0.28) (0.32) (0.67) (0.18) (0.10) 0.00 (0.04) (0.13) (0.04) (0.21)
Capex/Sh
0.11 (0.62) (0.11) 0.23 0.74 (0.68) (0.17) (0.10) (0.10) 0.25
Free CF/Sh
7.53 6.20 5.11 4.45 3.89 2.65 1.95 1.18 0.56 0.51
Book Value/Sh
23 23 23 23 23 24 25 27 31 31
Shares
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
1.25 0.70 0.50 0.38 0.58 2.21 0.96 0.48 0.56 0.64
PS Ratio
1.01 0.78 0.66 0.54 0.54 0.88 1.01 1.48 2.39 3.06
PB Ratio
0.85 0.49 0.29 0.15 0.04 0.97 0.50 0.33 0.56 0.72
EV/Sales
48.76 (5.45) (18.15) 4.11 0.18 (1.49) (5.92) (11.82) (12.98) 7.15
EV/FCF
9 (7) 13 9 20 (16) (3) 1 (2) 14
Op' Cash Flow
(6) (7) (15) (4) (2) 0 (1) (4) (1) (6)
Capex
2 (14) (2) 5 17 (16) (4) (3) (3) 8
FCF
61 59 50 47 51 35 28 15 5 (5)
Working Cap'
2 5 6 0 0 0 0 1 2 11
Total Debt
(55) (33) (33) (34) (46) (31) (24) (15) 0 6
Net Debt
171 141 117 103 91 62 49 31 17 16
Sh' Equity
(17.61%) (17.88%) (15.32%) (10.93%) (11.43%) (32.79%) (26.13%) (19.25%) (9.32%) (4.47%)
ROA
(25.58%) (22.00%) (18.67%) (14.58%) (19.66%) (57.37%) (55.19%) (48.96%) (16.33%) (4.76%)
ROIC
(20.14%) (20.37%) (18.90%) (13.82%) (13.59%) (37.92%) (33.51%) (30.28%) (16.91%) (11.73%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Dawson Geophysical Company (DWSN) key facts

  • Dawson Geophysical Company (DWSN) is an Oil & Gas Equipment & Services company in the Energy sector, listed on Nasdaq.
  • Dawson Geophysical Company’s revenue for fiscal 2025 (year ended December 2025) was $75.6 million, up 1.98% from fiscal 2024.
  • As of September 25, 2026, DWSN traded at $2.89, a market capitalization of $95.7 million.
  • Return on equity was −11.7% and debt-to-equity 0.51.

Source: company filings (standardised) and stockrow calculations.

Dawson Geophysical Company (DWSN) Latest News

News by impact score

Fine-tune

24 Aug

3

Dawson Geophysical reported a wider Q2 loss year-over-year driven by higher costs, triggering a 22% drop in its stock price. Wider quarterly losses from rising costs point to margin pressure that can affect near-term financial results and investor views.

13 Aug

3

Dawson Geophysical Company (DWSN) reported its second quarter 2026 financial results. Quarterly results update financial performance and can shift near-term investor views on Dawson Geophysical.

14 May

4

Dawson Geophysical Company (DWSN) reported first quarter 2026 results. Quarterly earnings disclosure provides critical financial data that significantly influences stock valuation and investor sentiment.

31 Mar

4

Dawson Geophysical Q4 earnings call highlights financial results, operational performance, and future outlook for the geophysical services company. Q4 earnings call highlights disclose key financial metrics, guidance, and strategies that significantly shape investor expectations and stock trajectory.

4

Dawson Geophysical Company (DWSN) released Q4 2025 earnings call summary detailing financial results, operational updates, and forward-looking guidance for the geophysical services provider. Q4 earnings call summary discloses financial performance, strategic updates, and guidance that significantly shape investor sentiment and company trajectory.

30 Mar

4

Dawson Geophysical Company reported fourth quarter and full-year 2025 financial results. Quarterly and annual earnings reports directly affect financial performance, investor sentiment, and stock trajectory.

3

Dawson Geophysical Company (NASDAQ:DWSN) reported a net loss of US$4.12 million for the full year 2024, a 66% improvement from the previous year's loss. Revenue decreased by 23% to US$74.2 million, with a loss per share of US$0.13, better than the US$0.45 loss in FY 2023. The company's shares have declined by 12% over the past week. A warning sign has been identified for the company. The significant narrowing of losses and improved earnings per share indicate a moderately noticeable influence on financial performance.

12 Nov

3

Dawson Geophysical Company reported its Q3 earnings, highlighting key financial metrics and operational performance. The company experienced fluctuations in revenue and net income compared to previous quarters, reflecting ongoing challenges in the geophysical services sector. Management provided insights into future strategies and market conditions, indicating a cautious outlook amid industry volatility. Fluctuations in revenue and net income suggest moderate influence on financial performance and market sentiment.

3

Dawson Geophysical Company reported its third quarter 2025 results, highlighting key financial metrics and operational updates. The company experienced fluctuations in revenue and net income compared to previous quarters, influenced by market conditions and demand for geophysical services. Management provided insights into future strategies and market outlook, emphasizing efforts to enhance operational efficiency and capitalize on emerging opportunities in the energy sector. Financial performance and operational updates indicate a moderately noticeable influence on the company's trajectory.

3

Dawson Geophysical Company (DWSN) reported its third quarter 2024 results. The financial performance of the company may be moderately influenced by the reported results.

12 Aug

4

Dawson Geophysical Company reported its second quarter 2025 results, highlighting a notable increase in revenue and improved operational efficiency. The company attributed its performance to successful project completions and strategic cost management. Additionally, Dawson announced plans for future investments in technology to enhance service offerings and maintain competitive advantage in the geophysical industry. Overall, the results reflect a positive trajectory for the company amidst a recovering market. The reported revenue increase and strategic investments indicate significant potential for future growth and improved market positioning.

3

Dawson Geophysical Company reported its Q2 earnings, highlighting key financial metrics and operational performance. The company experienced fluctuations in revenue and net income compared to previous quarters, reflecting ongoing challenges in the geophysical services sector. Management provided insights into future strategies aimed at improving profitability and market positioning amidst competitive pressures. Fluctuations in revenue and net income indicate moderate influence on financial performance and market sentiment.

3

Dawson Geophysical Company reported a decrease in revenues for the second quarter of 2024, with a net loss of $3.5 million. The company adjusted its operations to one crew in the US and plans to ramp up activity later in the year. They also divested under-utilized assets to improve return on capital. The company's financial performance and operational adjustments are expected to moderately influence its future trajectory.

11 Aug

4

Dawson Geophysical Company has acquired ultralight seismic land nodes from Geospace Technologies, enhancing its capabilities in seismic data acquisition. This purchase is expected to improve operational efficiency and expand the company's service offerings in the geophysical sector. The acquisition of advanced seismic technology is likely to significantly enhance operational capabilities and competitive positioning.

13 May

3

Dawson Geophysical Company reported its Q1 earnings, highlighting key financial metrics and operational performance. The company experienced fluctuations in revenue and expenses, reflecting ongoing challenges in the geophysical services sector. Management provided insights into strategic initiatives aimed at improving efficiency and addressing market conditions. Overall, the earnings report indicates a cautious outlook as Dawson navigates industry headwinds. The earnings report reflects moderate fluctuations in financial performance that could influence investor sentiment and operational strategies.

3

Dawson Geophysical Company reported its financial results for the first quarter of 2025, highlighting key metrics such as revenue, net income, and operational performance. The company experienced fluctuations in demand for its geophysical services, impacting overall profitability. Management provided insights into strategic initiatives aimed at enhancing operational efficiency and addressing market challenges. Future outlook remains cautiously optimistic, with plans for potential expansion and investment in technology. Fluctuations in demand and strategic initiatives may moderately influence financial performance and market positioning.

3

Dawson Geophysical Company reported solid financial results for the first quarter of 2024, with increased revenues and improved margins. The financial results and cost reduction initiatives are expected to moderately influence the company's future performance.

28 Mar

4

Dawson Geophysical Company reported its fourth quarter and fiscal year 2024 results, achieving $2 million in adjusted EBITDA, the first positive annual adjusted EBITDA since 2020. Revenues for Q4 2024 were $15.6 million, down 36% from Q4 2023, while annual revenues decreased by 23% to $74.2 million. The company reduced general and administrative expenses by 25% year-over-year and improved gross margin from 16% to 21%. Despite a net loss of $4.1 million for the year, the company has a strong project backlog for 2025 and plans to invest in new single node channels to enhance efficiency. A capital budget of $6 million for 2025 has been approved to support potential investments. The company has made significant operational improvements and has a strong backlog, indicating a potential shift in its financial trajectory.

4 Feb

3

Dawson Geophysical (NASDAQ:DWSN) reported a cash balance of US$7.0 million and a cash burn of US$744k, providing a cash runway of approximately 9.4 years. Despite an 8.1% drop in operating revenue, the company's cash burn has decreased by 72% over the past year. With a market capitalization of US$43 million, the cash burn represents about 1.7% of its market value, indicating that Dawson could easily raise funds through share issuance or borrowing. Overall, the company's cash management appears stable, although one warning sign has been identified. The decrease in cash burn and long cash runway suggest moderate stability, but declining revenue could limit growth potential.

15 Nov

3

Dawson Geophysical reported a US$0.18 loss per share in the third quarter of 2024, with revenue down 37% from the same period in 2023. The financial results show a moderately noticeable influence on Dawson Geophysical's future performance.

29 Jun

3

Dawson Geophysical Company (NASDAQ:DWSN) is up 37% in the last quarter, but the three year return is a loss of 26%. Revenue growth has been strong, but the share price has dropped. Total Shareholder Return (TSR) was a loss of 13% for the 3 years. The article highlights moderate influence expected on Dawson Geophysical Company's future and market performance due to the mixed results in revenue growth and share price decline.

3 Apr

3

Dawson Geophysical reported a US$0.45 loss per share for FY 2023, an improvement from the US$0.75 loss in FY 2022. The financial results show a moderately noticeable influence on Dawson Geophysical's future performance.

1 Apr

4

Dawson Geophysical reports Q4 and year-end 2023 results, including increased revenues, special cash dividend, and cost reduction initiatives. The financial results, cost reduction initiatives, and special cash dividend announcement are significant and likely to impact Dawson Geophysical's future performance.

21 Jan

4

Dawson Geophysical Company's share price dropped 57% in the last five years due to revenue decline. The significant drop in share price and revenue decline are likely to have a major impact on the company's future performance.

9 Nov

4

Dawson Geophysical reports third quarter 2023 results, including acquisition of assets from Breckenridge. Revenues increased significantly, but net loss persists. Company anticipates high channel count utilization and Canadian activity in the coming quarters. The acquisition of assets, increased revenues, and anticipated high utilization levels indicate a significant impact on Dawson Geophysical Company's future performance.

3

Dawson Geophysical Co (DWSN) reports Q3 revenue increase but net loss, anticipates improved utilization and activity in 2024. The financial results and strategic developments are expected to moderately influence Dawson Geophysical Company's future performance.

31 Jul

4

Dawson Geophysical reports Q2 2023 results, revenue up 86% YoY, net loss decreases, acquired assets from Breckenridge, plans for future crew deployment and capital spending. Significant impact likely on future performance due to improved financial results, acquisition of assets, and strategic crew deployment plans.

15 May

4

Dawson Geophysical reported first quarter 2023 results, including acquisition of Breckenridge assets, with increased revenues and improved financial performance. The acquisition of Breckenridge assets and improved financial performance are expected to have a significant impact on Dawson Geophysical Company's future trajectory.

stockrow.com/DWSN · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com