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Dawson Geophysical Company

DWSN

Dawson Geophysical Company is a leading provider of onshore seismic data acquisition services in North America, operating primarily in the United States and Canada.

Market cap
$222.65M+403%
Revenue$96.2M+64.1%
Net income$5.2M+225%
Free cash flow-$10.6M-3,052%
EPS (diluted)$0.16+223%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 7, 2026 (In 3 weeks)
Revenue estimate$39.6M
EPS estimate-$0.13

Financials

Q1 2026

Income statement

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Revenue$36.7M+128%
Gross profit$13.1M+204%
Operating income$8.1M+687%
Net income$7.7M+672%
EPS (diluted)$0.25+733%

Balance sheet

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Cash & equivalents$1.4M-48.4%
Total debt$24.6M+180%
Total equity$23.3M+27.6%
Total assets$64.4M+93.5%

Cash flow

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Operating cash flow-$465.0K-127%
CapEx$1.4M
Free cash flow-$1.9M

Valuation & ratios

Valuation

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Market cap$222.65M+403%
Enterprise value$245.9M+654%
P/E43.2×
P/S2.3×+1.6×

Profitability

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Gross margin22.6%+12.7pp

Returns & leverage

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Debt / equity1.1×+0.6×
Current ratio-0.6×

Segments

By segment

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United States Operations$24.9M+655%
Canada Operations$11.8M-7.5%

By product

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Fee Revenue$32.5M+113%
Reimbursable Revenue$4.2M+412%

Competitors

Profile

Dawson Geophysical Company is a leading provider of onshore seismic data acquisition services in North America, operating primarily in the United States and Canada. The company specializes in acquiring and processing 2-D, 3-D, and multi-component seismic data to help clients identify subsurface conditions favorable for hydrocarbon accumulation and carbon capture sequestration. Its core value proposition lies in utilizing high-resolution imaging technology to reduce drilling risks and optimize reservoir management for energy producers.

Competitive position

A leading provider of North American onshore seismic services with significant recording channel capacity and specialized heliportable expertise in Canada.

GeographiesUnited States, Canada
Customer segmentsExploration and Production (E&P) Companies, Geoscience Data Providers, Mining Companies
Business modelTurnkey service contracts, Term-based service agreements, Equipment-intensive services
SuppliersSeismic recording equipment manufacturers, Vibrator energy source unit suppliers, Specialized vehicle and sensor providers, Explosives suppliers
CustomersOil and natural gas exploration companies, Multi-client seismic library firms, Carbon sequestration project developers, Potash mining operators
Listed1994
Employees281.0
CEOAnthony Clark
SectorEnergy
FilingsSEC EDGAR

Questions, answered.

What is Dawson Geophysical Company's market cap?
Dawson Geophysical Company (DWSN) has a market capitalization of $222.6M and trades on NASDAQ.
What is Dawson Geophysical Company's revenue and profitability?
Dawson Geophysical Company generated $96.2M in trailing twelve-month revenue with net income of $5.2M, representing a net margin of -5.1%. Gross margin stands at 22.6%, with free cash flow of -$10.6M. These figures are based on the Q1 2026 filing.
Who are Dawson Geophysical Company's competitors?
Dawson Geophysical Company's key competitors include Geospace Technologies Corporation Common Stock, Patterson-UTI Energy Inc, Ocean Power Technologies, Inc., and others. These companies compete in similar markets and product categories.
Who does Dawson Geophysical Company partner with?
Dawson Geophysical Company's notable partners include Geospace Technologies Corporation, GTC, Inc..
What subsidiaries does Dawson Geophysical Company have?
Dawson Geophysical Company's subsidiaries include Eagle Canada Seismic Services ULC, Dawson Operating LLC.
Where is Dawson Geophysical Company headquartered?
Dawson Geophysical Company is headquartered in United States of America and employs approximately 281 people. It has been publicly traded since 1994.