State Ledger
Company profile

DAWSON GEOPHYSICAL CO CIK 799165

Ticker
DWSN (Nasdaq)
Industry
Oil & Gas Field Exploration Services
Headquarters
Midland, TX 79701
Fiscal year end
2025 (FY)
Market Data
Close
$2.46
Change
-$0.12
Change %
-4.65%
Volume
1,704

DWSN · trading date Oct 13, 2026 · previous close $2.58 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
-$1.94M
Total assets
$56.01M
Total liabilities
$40.20M
Stockholders' equity
$15.81M
Cash & equivalents
$4.91M
Operating income
-$1.66M
Operating cash flow
$13.98M
Capital expenditures
$6.83M

Fiscal year 2025, via 10-K filed 2026-03-31. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
$7.15M
Free cash flow margin
—
Liabilities / assets
71.8%
Equity / assets
28.2%
CapEx / revenue
—
Operating cash flow / net income
-7.20×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — -$1.94M $56.01M $40.20M $15.81M
2024 — -$4.12M $30.87M $13.59M $17.28M
2023 — -$12.15M $57.52M — $31.43M
2022 — -$18.65M $68.67M — $48.80M
2021 — -$29.09M $74.04M — $62.48M
Company Details
SIC code
1382
State of incorporation
TX
Active filer
Yes
Most recent SEC filing
Form 10-Q
2026-08-14
Financials filed via
Form 10-K
filed 2026-03-31

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Midland, TX 79701
508 WEST WALL
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:55 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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