Company research
DAWSON GEOPHYSICAL CO
CIK 799165Updated Sep 25, 2026
SecurityDWSN · NASDAQ · equity
Name history
TGC INDUSTRIES INC · through Feb 11, 2015
DWSN price & chart
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NASDAQ:DWSN on TradingView ↗About the company
Dawson Geophysical Company is a leading provider of North American onshore seismic data acquisition services with operations throughout the continental United States and Canada. Dawson acquires and processes 2-D, 3-D and multi-component seismic data solely for its clients, ranging from major oil and gas companies to independent oil and gas operators, critical mineral and other non-traditional operators as well as providers of multi-client data libraries.
In the news
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Recent filings
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
4 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 56,010,000Source | 30,870,000Source | 57,519,000Source | 60,541,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 364,000Source | 348,000Source | 377,000Source | 369,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 4,907,000Source | 1,385,000Source | 10,772,000Source | 13,914,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 9,389,000Source | 9,970,000Source | 12,735,000Source | 6,945,000Source |
| Assets, CurrentUSD | 21,835,000Source | 14,541,000Source | 37,426,000Source | 38,035,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,169,000Source | 3,186,000Source | 8,654,000Source | 8,876,000Source |
| Operating Lease, Right-of-Use AssetUSD | 3,036,000Source | 3,002,000Source | 3,208,000Source | 4,010,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 40,202,000Source | — | — | — |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 311,000Source | 310,000Source | 308,000Source | 238,000Source |
| Retained Earnings (Accumulated Deficit)USD | -139,560,000Source | -137,619,000Source | -123,640,000Source | -112,469,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -2,097,000Source | -2,483,000Source | -1,912,000Source | -2,073,000Source |
| Stockholders' Equity Attributable to ParentUSD | 15,808,000Source | 17,281,000Source | 31,434,000Source | 41,109,000Source |
| Additional Paid in Capital, Common StockUSD | 157,154,000Source | 157,073,000Source | 156,678,000Source | 155,413,000Source |
| Liabilities and EquityUSD | 56,010,000Source | 30,870,000Source | 57,519,000Source | 60,541,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 26,837,000Source | 9,930,000Source | 22,418,000Source | 15,758,000Source |
| Operating Lease, Liability, CurrentUSD | 1,082,000Source | 1,125,000Source | 1,202,000Source | 1,118,000Source |
| Accounts Payable, CurrentUSD | 9,578,000Source | 3,381,000Source | 3,883,000Source | 4,015,000Source |
| Operating Lease, Liability, NoncurrentUSD | 2,024,000Source | 2,131,000Source | 2,363,000Source | 3,331,000Source |
| Deferred Income Tax Liabilities, NetUSD | 17,000Source | 16,000Source | 15,000Source | 136,000Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | 17,000Source | 16,000Source | 15,000Source | 136,000Source |
| Short-term InvestmentsUSD | 370,000Source | 0Source | 265,000Source | 265,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,941,000Source | -4,119,000Source | -12,147,000Source | -20,451,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 5,670,000Source | 5,736,000Source | 8,492,000Source | 9,795,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 130,000Source | 473,000Source | — | 413,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -830,000Source | -2,543,000Source | 5,802,000Source | -1,311,000Source |
| Increase (Decrease) in Accounts PayableUSD | 6,140,000Source | -128,000Source | 138,000Source | 873,000Source |
| Deferred Income Tax Expense (Benefit)USD | — | 1,000Source | -121,000Source | 116,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 13,977,000Source | -1,866,000Source | 814,000Source | -8,961,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -6,733,000Source | -735,000Source | -4,504,000Source | -669,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 6,831,000Source | 1,865,000Source | 3,721,000Source | 894,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 48,000Source | 76,000Source | — | 79,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -3,683,000Source | -11,563,000Source | -4,204,000Source | -1,567,000Source |
| Payments of Ordinary Dividends, Common StockUSD | — | 9,860,000Source | — | — |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -35,000Source | — | — | — |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 3,522,000Source | -14,387,000Source | -7,831,000Source | -11,462,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 4,907,000Source | 1,385,000Source | 15,772,000Source | 18,914,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 429,000Source | 159,000Source | 98,000Source | 31,000Source |
| Income Taxes Paid, NetUSD | -61,000Source | — | — | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 130,000Source | 473,000Source | — | 413,000Source |
| DepreciationUSD | — | — | — | 9,795,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 439,000Source | 409,000Source | 23,000Source | 219,000Source |
| General and Administrative ExpenseUSD | 9,010,000Source | 9,460,000Source | 11,430,000Source | 13,785,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | 0Source | 0Source | 0Source | 0Source |
| Income Tax Expense (Benefit)USD | 6,000Source | 7,000Source | -96,000Source | 107,000Source |
| InterestExpenseNonoperatingUSD | 536,000Source | 159,000Source | — | — |
| Investment Income, InterestUSD | 117,000Source | 308,000Source | 576,000Source | 316,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,941,000Source | -4,119,000Source | -12,147,000Source | -20,451,000Source |
| Other Nonoperating Income (Expense)USD | 148,000Source | 288,000Source | 612,000Source | 415,000Source |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 75,625,000Source | 74,154,000Source | 96,846,000Source | 37,480,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cost of RevenueUSD | 62,609,000Source | 63,021,000Source | 88,044,000Source | — |
| Operating Income (Loss)USD | -1,664,000Source | -4,549,000Source | -13,328,000Source | -24,010,000Source |
| Other Nonoperating Income (Expense)USD | 148,000Source | 288,000Source | 612,000Source | 415,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -1,935,000Source | -4,112,000Source | -12,243,000Source | -20,344,000Source |
| Income Tax Expense (Benefit)USD | 6,000Source | 7,000Source | -96,000Source | 107,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,941,000Source | -4,119,000Source | -12,147,000Source | -20,451,000Source |
| Earnings Per Share, BasicUSD per share | -0.06Source | -0.13Source | -0.45Source | -0.86Source |
| Earnings Per Share, DilutedUSD per share | -0.06Source | -0.13Source | -0.45Source | -0.86Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 31,016,792Source | 30,879,855Source | 26,752,055Source | 23,782,796Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 31,016,792Source | 30,879,855Source | 26,752,055Source | 23,782,796Source |
| Interest Expense (non-operating)USD | 536,000Source | 159,000Source | — | — |
| Additional Financial Items | ||||
| Costs and ExpensesUSD | 77,289,000Source | 78,703,000Source | 110,174,000Source | 61,490,000Source |
| Current Income Tax Expense (Benefit)USD | 6,000Source | 6,000Source | 25,000Source | -9,000Source |
| General and Administrative ExpenseUSD | 9,010,000Source | 9,460,000Source | 11,430,000Source | 13,785,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -4,076,000Source | — | — | -20,566,000Source |
| Interest ExpenseUSD | — | — | 103,000Source | 31,000Source |
| Investment Income, InterestUSD | 117,000Source | 308,000Source | 576,000Source | 316,000Source |
| Investment Income, NetUSD | -419,000Source | 149,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 75,625,000Source | 74,154,000Source | 96,846,000Source | 37,480,000Source |
Filing attachments
dwsn-20260813xex99d1.htm · 8-K · 2026-08-13
EX-99.1 2 dwsn-20260813xex99d1.htm EX-99.1 Exhibit 99.1 NEWS RELEASE Dawson Geophysical Company 508 W. Wall, Suite 800 Midland, TX 79701 Company contact: Tony Clark, CEO and President Ian Shaw, Chief Financial Officer (800) 332-9766 www.dawson3d.com DAWSON GEOPHYSICAL REPORTS SECOND QUARTER 2026 RESULTS MIDLAND, Texas, August 13, 2026/PR Newswire/Dawson Geophysical Company (NASDAQ: DWSN) (the “Company”) today reported unaudited financial results for its second qua…
Read attachment ↗dwsn-20260514xex99d1.htm · 8-K · 2026-05-14
EX-99.1 2 dwsn-20260514xex99d1.htm EX-99.1 Exhibit 99.1 NEWS RELEASE Dawson Geophysical Company 508 W. Wall, Suite 800 Midland, TX 79701 Company contact: Tony Clark, CEO and President Ian Shaw, Chief Financial Officer (800) 332-9766 www.dawson3d.com DAWSON GEOPHYSICAL REPORTS FIRST QUARTER 2026 RESULTS MIDLAND, Texas, May 14, 2026/PR Newswire/Dawson Geophysical Company (NASDAQ: DWSN) (the “Company”) today reported unaudited financial results for its first quarter …
Read attachment ↗dwsn-20260330xex99d1.htm · 8-K · 2026-03-31
EX-99.1 2 dwsn-20260330xex99d1.htm EX-99.1 Exhibit 99.1 NEWS RELEASE Dawson Geophysical Company 508 W. Wall, Suite 800 Midland, TX 79701 Company contact: Tony Clark, CEO and President Ian Shaw, Chief Financial Officer (800) 332-9766 www.dawson3d.com DAWSON GEOPHYSICAL REPORTS FOURTH QUARTER and YEAR END 2025 RESULTS MIDLAND, Texas, March 30, 2026/PR Newswire/Dawson Geophysical Company (NASDAQ: DWSN) (the “Company”) today reported unaudited financial results for it…
Read attachment ↗dwsn-20251112xex99d1.htm · 8-K · 2025-11-12
EX-99.1 2 dwsn-20251112xex99d1.htm EX-99.1 Exhibit 99.1 NEWS RELEASE Dawson Geophysical Company 508 W. Wall, Suite 800 Midland, TX 79701 Company contact: Tony Clark, CEO and President Ian Shaw, Chief Financial Officer (800) 332-9766 www.dawson3d.com DAWSON GEOPHYSICAL REPORTS THIRD QUARTER 2025 RESULTS MIDLAND, Texas, November 12, 2025/PR Newswire/Dawson Geophysical Company (NASDAQ: DWSN) (the “Company”) today reported unaudited financial results for its third qua…
Read attachment ↗dwsn-20250812xex99d1.htm · 8-K · 2025-08-12
EX-99.1 2 dwsn-20250812xex99d1.htm EX-99.1 Exhibit 99.1 NEWS RELEASE Dawson Geophysical Company 508 W. Wall, Suite 800 Midland, TX 79701 Company contact: Tony Clark, CEO and President Ian Shaw, Chief Financial Officer (800) 332-9766 www.dawson3d.com DAWSON GEOPHYSICAL REPORTS SECOND QUARTER 2025 RESULTS MIDLAND, Texas, August 12, 2025/PR Newswire/Dawson Geophysical Company (NASDAQ: DWSN) (the “Company”) today reported unaudited financial results for its second qua…
Read attachment ↗dwsn-20250808xex99d1.htm · 8-K · 2025-08-11
EX-99.1 2 dwsn-20250808xex99d1.htm EX-99.1 Exhibit 99.1 NEWS RELEASE FOR IMMEDIATE RELEASE Dawson Geophysical Company Purchases Ultralight Seismic Land Nodes from Geospace Technologies $24 Million Contract Represents the First Significant Sale of Pioneer™ Houston, TX - August 11, 2025 - Geospace Technologies Corporation (NASDAQ: GEOS) (“Geospace”) and Dawson Geophysical Company (NASDAQ: DWSN) (“Dawson”) today jointly announced the first major sale of the Geospace Pioneer™, ultralight se…
Read attachment ↗