Dawson Geophysical Co
DWSN Nasdaq· Oil & Gas Field Exploration Services
Last close · Oct 26, 2026
$2.02
KIRA · Stoqly’s AI analyst, in plain words
- Dawson Geophysical Co had $75.6M of revenue in fiscal 2025, up 2.0% on the year before. Over five years, revenue changed −2.6% a year on average.
- Its operating margin was −2.2%, up 3.9 pts: of every 100 in sales, about −2 is left after running the business.
- Dawson Geophysical Co lost $1.9M in fiscal 2025.
- Free cash flow was $7.1M in fiscal 2025, 9.4% of revenue.
- Dawson Geophysical Co owes $14.9M more than it holds in cash, about 3.7 years of operating profit.
Market cap
$62.7M
P/E
15.5x
Revenue
$75.6M
Net income
−$1.9M
Free cash flow
$7.1M
Operating margin
−2.2%
Dawson Geophysical Co in 30 seconds · fiscal 2025
Are sales growing?
+2.0%
Only a little. Sales grew 2.0% last year.
Does it make a profit?
−2.6%
No. It lost money last year.
Does profit turn into cash?
9.4%
Partly. 9.4% of sales ends up as free cash.
Is debt under control?
3.7x
Heavy. Repaying its debt would take 3.7 years of operating profit.
How healthy are the accounts?
4 / 9
Mixed. It passes 4 of 9 health tests.
How is the share priced?
15.5x
One share costs 15.5 times its yearly profit per share.
What Dawson Geophysical Co does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 31, 2026
- Legal name
- DAWSON GEOPHYSICAL CO
- CIK
- 0000799165
Dawson Geophysical Co · DWSN
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $24.7M | $51.6M | $96.8M | $74.2M | $75.6M |
| Revenue growth | −71.3% | 109.1% | 87.6% | −23.4% | 2.0% |
| Gross margin | −17.5% | 26.6% | 10.5% | 15.0% | 17.2% |
| Operating margin | −118.4% | −43.0% | −13.5% | −6.1% | −2.2% |
| Net income | −$29.1M | −$18.6M | −$12.1M | −$4.1M | −$1.9M |
| Net margin | −117.8% | −36.1% | −12.5% | −5.6% | −2.6% |
| Diluted EPS | −$1.23 | −$0.75 | −$0.45 | −$0.13 | −$0.06 |
| Cash | |||||
| Cash from operations | −$16.1M | −$3.3M | $0.8M | −$1.9M | $14.0M |
| Capital expenditure | $0.5M | $1.4M | $3.7M | $1.9M | $6.8M |
| Free cash flow | −$16.6M | −$4.7M | −$2.9M | −$3.7M | $7.1M |
| FCF margin | −67.0% | −9.1% | −3.0% | −5.0% | 9.4% |
| Dividends paid | — | — | — | $9.9M | — |
| Share count change | 0.8% | 5.9% | 7.1% | 15.4% | 0.4% |
| Debt and strength | |||||
| Cash and short-term investments | $25.6M | $18.9M | $11.0M | $1.4M | $5.3M |
| Debt incl. finance leases | $0.4M | $0.8M | $4.4M | $4.9M | $20.2M |
| Shareholders' equity | $62.5M | $48.8M | $31.4M | $17.3M | $15.8M |
| Net debt / EBITDA | — | — | — | 2.9x | 3.7x |
| Current ratio | 5.6x | 2.7x | 1.7x | 1.5x | 0.8x |
| Interest coverage | −1,391.9x | −716.2x | −126.9x | −28.6x | −3.1x |
| Returns and quality | |||||
| Return on capital | −62.2% | −57.7% | −44.8% | −19.5% | −4.7% |
| Return on equity | −37.9% | −33.5% | −30.3% | −16.9% | −11.7% |
| Return on tangible equity | −46.9% | −38.5% | −39.1% | −24.3% | −12.6% |
| Piotroski F-score | 1 | 4 | 4 | 4 | 4 |
| Altman Z'' | 2.1 | −2.3 | −5.6 | −13.2 | −8.5 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Dawson Geophysical Co · DWSN
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $2.02 a share, the company is worth $62.7M: 15.5 times its earnings of the last four quarters.
Source: SEC EDGAR XBRL filings (CIK 0000799165). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.