DWSN - NASDAQ

Dawson Geophysical Company

DWSN·NASDAQ

$4.41

-1.8%

EnergyOil & Gas Equipment & Services

Dawson Geophysical Company provides onshore seismic data acquisition and processing services in the United States and Canada. The company acquires and processes 2-D, 3-D, and multi-component seismic data for its clients, including oil and gas companies, and independent oil and gas operators, as well as providers of multi-client data libraries. Its seismic crews supply seismic data primarily to companies engaged in the exploration and development of oil and natural gas on land and in land-to-water transition areas. The company also serves the potash mining industry. Dawson Geophysical Company was founded in 1952 and is headquartered in Midland, Texas. Dawson Geophysical Company is a subsidiary of Wilks Brothers, LLC.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$136.94M

EPS-0.0626

P/E Ratio-70.45

Earnings Date08/07/2026

56.01M

Assets

81%

3Y-18.0%

5Y-46.0%

10Y-70.0%

40.20M

Total Liabilities

196%

3Y+102.0%

5Y+224.0%

10Y+140.0%

15.81M

Total Equity

-9%

3Y-68.0%

5Y-83.0%

10Y-91.0%

Dawson Geophysical Company Funding & Solvency Profile

DWSN · NASDAQ

Current Assets

Cash & Cash Equivalents4.91M

Net Receivables13.22M

Inventory0.00

Other Current Assets3.33M

Total Current Assets22 M

Non-Current Assets

Property, Plant & Equipment257.05M

Goodwill & Intangible Assets364.00K

Long-Term Investments0.00

Other Non-Current Assets-223.24M

Total Non-Current Assets34 M

Total Assets

56.01M

Financial Health Analysis

Current Ratio

0.81x

Warning: Liquidity concerns. Current assets may not be sufficient to cover short-term obligations.

Debt-to-Equity Ratio

2.54x

High financial leverage. Heavy reliance on debt may indicate increased financial risk and potential solvency concerns.

Working Capital

-5002000

Negative working capital indicates short-term liabilities exceed short-term assets—potential liquidity stress.

Asset Composition

39% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Financial stress indicators: Both liquidity and leverage metrics raise concerns. The company may face challenges meeting obligations and should focus on strengthening its balance sheet.

Dawson Geophysical Company Balance Sheet

DWSN • NASDAQ

Dawson Geophysical Company Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017	Dec 2016	Dec 2015	Dec 2014	Dec 2013	Dec 2012	Dec 2011	Dec 2010	Dec 2009	Dec 2008	Dec 2007	Dec 2006
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	4.9M	1.4M	15.8M	18.6M	25.4M	41M	26.3M	28.7M	22M	14.6M	37M	14.6M	16.1M	8.6M	15.7M	13.1M	25.5M	24.1M	4.5M	9.4M
Short-Term Investments	370K	0.0	265K	265K	265K	583K	2.4M	10.6M	16.6M	40.3M	21M	28.8M	23.5M	4M	0.0	0.0	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	5.3M	1.4M	16M	18.9M	25.6M	41.5M	28.6M	39.3M	38.6M	54.9M	58M	43.4M	16.1M	8.6M	15.7M	13.1M	25.5M	24.1M	4.5M	9.4M
Net Receivables	13.2M	10.4M	12.7M	13.4M	8.9M	7.3M	24.4M	25.4M	33.2M	16M	35.7M	37.1M	13.1M	41.9M	19.4M	17.2M	9.5M	8.2M	12.7M	8.4M
Accounts Receivables	13.2M	10M	12.7M	13.4M	8.9M	7.3M	24.4M	25.4M	33.2M	16M	35.7M	37.1M	10.7M	35.6M	19.4M	17.2M	9.5M	8.2M	12.7M	8.4M
Other Receivables	0.0	391K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	2.3M	6.3M	0.0	0.0	0.0	0.0	0.0	0.0
Inventory	0.0	391K	0.0	0.0	-8.9M	0.0	1.4M	0.0	0.0	0.0	0.0	6.5M	2.3M	6.3M	1.6M	5.2M	474.9K	1.9M	0.0	0.0
Prepaids	0.0	1.8M	3.2M	2.3M	1.1M	4.7M	7.6M	5.3M	7.3M	4.8M	6.2M	5.7M	5.7M	1.8M	1.6M	2.8M	1.6M	1.9M	100.4K	692.6K
Other Current Assets	3.3M	634K	1.1M	9.3M	16.1M	5M	3.6M	0.0	695K	0.0	0.0	2.8M	0.0	0.0	0.0	0.0	-811.0	0.0	0.0	9.1K
Total Current Assets	21.8M	14.5M	33.1M	43.8M	42.9M	58.6M	65.6M	77M	77.1M	75.7M	99.9M	89M	34.9M	52.3M	41.8M	38.2M	37M	34.2M	18M	18.5M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	257.1M	16M	19.7M	24.5M	30.8M	44.4M	60.2M	71.5M	86.6M	110.9M	147.6M	157.8M	63.1M	89.4M	57.8M	49.7M	47.6M	50.6M	42.9M	37.6M
Goodwill	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-486.5M	-360.6M	201.5K	201.5K	201.5K	201.5K	201.5K	1.4M	201.5K	201.5K	201.5K
Intangible Assets	364K	348K	377K	369K	395K	393K	385K	379K	494K	487M	361M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Goodwill & Intangible Assets	364K	348K	377K	369K	395K	393K	385K	379K	494K	487K	361K	201.5K	201.5K	201.5K	201.5K	201.5K	1.4M	201.5K	201.5K	201.5K
Long-Term Investments	0.0	0.0	0.0	0.0	0.0	0.0	1.4M	-379K	-494K	-487K	0.0	-1.4M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Tax Assets	0.0	0.0	673K	0.0	3M	0.0	57K	293K	224K	535K	0.0	1.2M	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	-223.2M	0.0	4.3M	0.0	-3M	0.0	0.0	1.8M	1.3M	487K	0.0	73.9K	89.5K	96.8K	77.9K	60.8K	191.6K	49.1K	24.6K	20.8K
Total Non-Current Assets	34.2M	16.3M	25.1M	24.8M	31.2M	44.8M	62M	73.7M	88.1M	111.9M	147.9M	157.8M	63.4M	89.7M	58.1M	50M	49.2M	50.9M	43.2M	37.9M
Total Assets	56M	30.9M	58.2M	68.7M	74M	103.4M	127.6M	150.7M	165.2M	187.7M	247.8M	246.8M	98.3M	142M	99.9M	88.2M	86.2M	85.1M	61.2M	56.4M
LIABILITIES
CURRENT LIABILITIES
Total Payables	9.6M	3.4M	3.9M	4.1M	2.6M	1.6M	4M	5.4M	5.9M	5.7M	8.4M	5.8M	4.1M	18.6M	11.3M	14.8M	11.2M	10.3M	6.3M	5.4M
Accounts Payable	9.6M	3.4M	3.9M	4.1M	2.6M	1.6M	4M	5.4M	5.9M	5.6M	8.4M	5.8M	4.1M	13.7M	9.3M	14.7M	11.2M	10.3M	6.3M	5.4M
Other Payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	78K	21K	0.0	0.0	4.9M	2M	7K	0.0	0.0	0.0	0.0
Accrued Expenses	0.0	2.8M	3.4M	3.3M	1.1M	2.9M	2M	1M	5.5M	885K	1.1M	6.2M	1.1M	2M	1.4M	1.4M	811.7K	476.7K	1.7M	849.8K
Short Term Debt	5.1M	168K	910K	205K	265K	40K	5.3M	6.7M	2.7M	2.4M	8.6M	6M	9.9M	10.6M	5.8M	6.3M	6.4M	5.2M	4.5M	4.7M
Capital Lease Obligations (Current)	2.2M	2M	1.7M	1.2M	998K	1.2M	1.2M	0.0	0.0	0.0	0.0	799K	1.4M	2M	1.3M	1.1M	780.5K	856.7K	0.0	0.0
Tax Payables	0.0	2M	-96K	0.0	0.0	0.0	0.0	0.0	0.0	39K	21K	391.6K	0.0	4.6M	2M	0.0	0.0	0.0	0.0	415.5M
Deferred Revenue	7.5M	1.6M	11.8M	0.0	1.3M	1.8M	3.5M	10.5M	3.7M	3.2M	6.1M	1.8M	653.2K	3.8M	4.6M	0.0	0.0	863.8K	0.0	1.1M
Other Current Liabilities	2.5M	0.0	709K	7.4M	1.3M	0.0	2.4M	3.6M	6.3M	2.9M	4.6M	953K	71.5K	3.2M	2.2M	388.5K	525.8K	387K	0.0	6.4M
Total Current Liabilities	26.8M	9.9M	22.4M	16.2M	7.6M	7.4M	18.3M	27.3M	17.8M	15M	28.8M	19.8M	17.2M	40.1M	21.9M	23.9M	19.7M	17.2M	12.5M	17.4M
NON-CURRENT LIABILITIES
Long Term Debt	9.9M	0.0	0.0	0.0	0.0	0.0	0.0	6.1M	5.2M	0.0	2.1M	4.2M	7.4M	14.4M	5.3M	4.7M	5.9M	10.9M	3.1M	2M
Deferred Revenue (Non-Current)	0.0	0.0	-15K	0.0	0.0	-19K	0.0	0.0	0.0	0.0	0.0	-28.6M	-7.4M	-1.9M	-1.6M	-1.3M	-631.8K	-600.2K	-679.1K	-1M
Deferred Tax Liabilities (Non-Current)	17K	16K	688K	0.0	20K	19K	0.0	134K	874K	146K	5.3M	28.6M	4.6M	7.6M	7.3M	5.4M	7.3M	6M	2M	942.2K
Other Non-Current Liabilities	0.0	0.0	15K	137K	0.0	19K	246K	150K	150K	1.6M	1.8M	0.0	0.0	0.0	0.0	0.0	-161.9K	0.0	0.0	0.0
Total Non-Current Liabilities	13.4M	3.7M	4.3M	3.7M	4M	5M	6.2M	6.4M	6.2M	1.8M	9.3M	32.8M	12M	23.9M	14.2M	11.4M	13.8M	17.4M	5.7M	4M
Capital Lease Obligations	5.7M	5.6M	5.3M	4.7M	4.9M	6.1M	7.1M	2.3M	7.9M	419K	418K	1.2M	2.3M	3.8M	3M	2.4M	1.4M	1.5M	679.1K	1M
Total Liabilities	40.2M	13.6M	26.8M	19.9M	11.6M	12.4M	24.4M	33.7M	24M	16.8M	38.1M	52.6M	29.2M	64M	36.2M	35.3M	33.5M	34.7M	18.2M	21.4M
SHAREHOLDERS' EQUITY
Treasury Stock	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-1.3M	-691K	-257.4K	-257.3K	-257.3K	-257.3K	-257.3K	-257.3K
Common Stock	311K	310K	308K	238K	237K	235K	233K	230K	218K	217K	216K	2.7M	220.9K	207.3K	193.5K	192.4K	183.2K	174.4K	166K	157.5K
Additional Paid-In Capital	157.2M	157.1M	156.7M	155.4M	155.3M	154.9M	154.2M	153.3M	152M	143M	142.3M	96.5M	31.5M	29.6M	28.2M	27.5M	27M	26.5M	26.5M	26.5M
Retained Earnings	-139.6M	-137.6M	-123.6M	-112.5M	-92M	-62.9M	-49.7M	-34.5M	-2M	29.3M	69.1M	95.3M	41.8M	48.1M	35.5M	24.7M	25.9M	24M	17.1M	9.5M
Accumulated Other Comprehensive Income/Loss	-2.1M	-2.5M	-1.9M	5.6M	-1M	-1.2M	-1.6M	-2M	-780K	-1.6M	-1.8M	-344K	-3.1M	821.7K	107.1K	748.7K	-133.7K	-49.8M	-601.2K	-822.2K
Other Total Stockholders' Equity	0.0	0.0	0.0	1.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	147.3K	0.0	0.0	0.0	0.0	49.8M	0.0	0.0
Total Stockholders' Equity	15.8M	17.3M	31.4M	48.8M	62.5M	91M	103.2M	117M	141.3M	170.9M	209.7M	194.2M	69.1M	78M	63.7M	52.9M	52.7M	50.4M	42.9M	35M
Total Equity	15.8M	17.3M	31.4M	48.8M	62.5M	91M	103.2M	117M	141.3M	170.9M	209.7M	194.2M	69.1M	78M	63.7M	52.9M	52.7M	50.4M	42.9M	35M
SUMMARY
Total Liabilities & Equity	56M	30.9M	58.2M	68.7M	74M	103.4M	127.6M	150.7M	165.2M	187.7M	247.8M	246.8M	98.3M	142M	99.9M	88.2M	86.2M	85.1M	61.2M	56.4M
Total Investments	370K	0.0	265K	265K	265K	583K	2.4M	10.6M	16.6M	40.3M	21M	28.8M	23.5M	4M	0.0	0.0	0.0	0.0	0.0	0.0
Total Debt	20.7M	5.8M	6.2M	4.9M	5.2M	6.1M	11.3M	12.8M	7.9M	2.4M	10.7M	10.2M	7.4M	16.3M	7M	6M	6.5M	17.5M	8.3M	7.8M
Net Debt	15.8M	4.4M	-9.5M	-13.7M	-20.2M	-34.8M	-15M	-15.9M	-14.1M	-12.3M	-26.3M	-4.4M	-8.7M	7.7M	-8.8M	-7.1M	-19M	-6.6M	3.8M	-1.6M
Shares Outstanding	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261	30,966,261

SEC Filings

DWSN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
10-Q 10-Q 2026 Q1 Q1	May 15, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 14, 2026	May 14, 2026	2026	View Filing
10-K/A 10-K/A 2025 FY (Amended) FY	April 30, 2026	December 31, 2025	2025	View Filing
10-K 10-K 2025 FY FY	March 31, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	March 31, 2026	March 30, 2026	2026	View Filing
10-Q 10-Q 2025 Q3 Q3	November 13, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 12, 2025	November 12, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 06, 2025	October 31, 2025	2025	View Filing
10-Q 10-Q 2025 Q2 Q2	August 13, 2025	June 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	August 12, 2025	August 12, 2025	2025	View Filing

Showing 1 to 10 of 385 filings

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