# Dawson Geophysical Co: overview

DWSN · Nasdaq · CIK 799165 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/dwsn.md) · [Financials](/companies/dwsn/financials.md) · [Filings](/companies/dwsn/filings.md) · [Insiders](/companies/dwsn/insiders.md)

Latest reported revenue: [$17.9m](/filings/0001104659-26-097202.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 14, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax, accession 0001104659-26-097202).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [14.4](/filings/0001104659-25-111340.md) | [74.1 d](/filings/0001104659-26-037886.md) | [16.1](/filings/0001104659-26-062455.md) | [9.9](/filings/0001104659-26-097202.md) | [22.7](/filings/0001104659-25-111340.md) | [27.0 d](/filings/0001104659-26-037886.md) | [36.7](/filings/0001104659-26-062455.md) | [17.9](/filings/0001104659-26-097202.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(39.9%)](/filings/0001104659-25-111340.md) | [(1.1%) d](/filings/0001104659-26-037886.md) | [6.4%](/filings/0001104659-26-062455.md) | [(24.1%)](/filings/0001104659-26-097202.md) | [(5.2%)](/filings/0001104659-25-111340.md) | [3.1% d](/filings/0001104659-26-037886.md) | [22.2%](/filings/0001104659-26-062455.md) | [(16.9%)](/filings/0001104659-26-097202.md) |
| Net margin | % | [(39.0%)](/filings/0001104659-25-111340.md) | [(1.1%) d](/filings/0001104659-26-037886.md) | [6.2%](/filings/0001104659-26-097202.md) | [(23.8%)](/filings/0001104659-26-097202.md) | [(5.1%)](/filings/0001104659-25-111340.md) | [2.1% d](/filings/0001104659-26-037886.md) | [20.9%](/filings/0001104659-26-097202.md) | [(19.2%)](/filings/0001104659-26-097202.md) |
| Diluted EPS | $ per share | [(0.18)](/filings/0001104659-25-111340.md) | not reported | [0.03](/filings/0001104659-26-062455.md) | [(0.08)](/filings/0001104659-26-097202.md) | [(0.04)](/filings/0001104659-25-111340.md) | not reported | [0.25](/filings/0001104659-26-062455.md) | [(0.11)](/filings/0001104659-26-097202.md) |
| Free cash flow | $m | [(4.3) d](/filings/0001104659-25-111340.md) | [(5.7) d](/filings/0001104659-26-037886.md) | not reported | not reported | [(10.2) d](/filings/0001104659-25-111340.md) | [1.4 d](/filings/0001104659-26-037886.md) | [(1.9)](/filings/0001104659-26-062455.md) | [6.2 d](/filings/0001104659-26-097202.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [24.7](/filings/0001558370-23-003587.md) | [51.6](/filings/0001558370-24-004547.md) | [96.8](/filings/0001558370-25-004330.md) | [74.2](/filings/0001104659-26-037886.md) | [75.6](/filings/0001104659-26-037886.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | [(118.4%)](/filings/0001558370-23-003587.md) | [(43.0%)](/filings/0001558370-24-004547.md) | [(13.5%)](/filings/0001558370-25-004330.md) | [(6.1%)](/filings/0001104659-26-037886.md) | [(2.2%)](/filings/0001104659-26-037886.md) |
| Net margin | % | [(117.8%)](/filings/0001558370-23-003587.md) | [(36.1%)](/filings/0001558370-24-004547.md) | [(12.5%)](/filings/0001558370-25-004330.md) | [(5.6%)](/filings/0001104659-26-037886.md) | [(2.6%)](/filings/0001104659-26-037886.md) |
| Diluted EPS | $ per share | [(1.23)](/filings/0001558370-23-003587.md) | [(0.75)](/filings/0001558370-24-004547.md) | [(0.45)](/filings/0001558370-25-004330.md) | [(0.13)](/filings/0001104659-26-037886.md) | [(0.06)](/filings/0001104659-26-037886.md) |
| Free cash flow | $m | [(16.6)](/filings/0001558370-23-003587.md) | [(4.7)](/filings/0001558370-24-004547.md) | [(2.9)](/filings/0001558370-25-004330.md) | [(3.7)](/filings/0001104659-26-037886.md) | [7.1](/filings/0001104659-26-037886.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerIncludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/dwsn/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [GRACE & WHITE INC /NY](/funds/903064.md) | 2026-06-30 | $4.2m | 702,917 |  | Reduced −76,226 |
| [RBF Capital, LLC](/funds/1134621.md) | 2026-06-30 | $2.5m | 423,797 |  | Unchanged |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $931.8k | 156,877 |  | Added +43,636 |
| [GABELLI FUNDS LLC](/funds/1081407.md) | 2026-06-30 | $862.5k | 145,200 |  | Unchanged |
| [MARSHALL WACE, LLP](/funds/1318757.md) | 2026-06-30 | $515.6k | 86,797 |  | Added +45,778 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $496.9k | 83,645 |  | Added +2,459 |
| [Hillsdale Investment Management Inc.](/funds/1368465.md) | 2026-06-30 | $323.2k | 54,404 |  | Added +20,000 |
| [US BANCORP \\DE\\](/funds/36104.md) | 2026-06-30 | $317.5k | 53,443 |  | Unchanged |
| [CITADEL ADVISORS LLC](/funds/1423053.md) | 2026-06-30 | $238.7k | 40,178 |  | New +40,178 |
| [PINNACLE ASSOCIATES LTD](/funds/743127.md) | 2026-06-30 | $227.9k | 38,360 |  | Reduced −2,000 |

## Recent filings

[All 805 filings](/companies/dwsn/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-14 | 16:20 ET | [10-Q](/filings/0001104659-26-097202.md) | Quarterly report, period 2026-06-30 | 0001104659-26-097202 |
| 2026-08-13 | 17:10 ET | [8-K](/filings/0001104659-26-096033.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-096033 |
| 2026-05-15 | 16:01 ET | [10-Q](/filings/0001104659-26-062455.md) | Quarterly report, period 2026-03-31 | 0001104659-26-062455 |
| 2026-05-14 | 16:15 ET | [8-K](/filings/0001104659-26-061182.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-061182 |
| 2026-04-30 | 16:40 ET | [10-K/A](/filings/0001104659-26-053054.md) | Annual report, amended, period 2025-12-31 | 0001104659-26-053054 |
| 2026-03-31 | 17:11 ET | [10-K](/filings/0001104659-26-037886.md) | Annual report, period 2025-12-31 | 0001104659-26-037886 |
| 2026-03-31 | 18:44 ET | [8-K](/filings/0001104659-26-037073.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-26-037073 |
| 2026-01-05 | 19:21 ET | [SCHEDULE 13D/A](/filings/0001315863-26-000008.md) | Ownership report, active investor, amended | 0001315863-26-000008 |
| 2025-11-13 | 16:21 ET | [10-Q](/filings/0001104659-25-111340.md) | Quarterly report, period 2025-09-30 | 0001104659-25-111340 |
| 2025-11-12 | 16:19 ET | [8-K](/filings/0001104659-25-110404.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001104659-25-110404 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001104659-26-037886.md), filed Mar 31, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/3a72e571-f4a6-4100-a42e-f4b0209d8dda)

## About the filer

- CIK: 799165
- Tickers: DWSN
- Exchange: Nasdaq
- SIC code: 1382 Oil & Gas Field Exploration Services
- State of incorporation: TX
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 29, 2026, 16:04 ET. No prices; not investment advice.
