DWSN

Dawson's Q2 revenues surge 82% y/y, but higher strategic transaction, depreciation and interest costs widen the company's net loss.

MIDLAND, Texas, Aug. 13, 2026 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its second quarter ended June 30, 2026. Second quarter 2026 Highlights Recognized fee revenue of $14 million, a 60% increase over the second quarter of 2025 Net loss of $3.4 million, $0.11 per share, which included $1.7 million of strategic transaction costs Generated Adjusted EBITDA of $0.6 million, an improvement of $1.8 million over the second quarter of 2025 Fourth consecutive quarter of positive Adjusted EBITDA, for the first time since the three months ended September 30, 2018 Year-to-Date 2026 Highlights Increased fee revenue 94% to $46.5 million Net income of $4.2 million, $0.14 per share, which included $2.4 million of strategic transaction costs Generated Adjusted EBITDA of $11.5 million, an 875% increase over the six months ended June 30, 2025 Adjusted EBITDA is a non-GAAP financial measure.

BDCO and DWSN surge 195.7% and 182.1%, respectively, YTD, as refining gains and investments in seismic technology lift profits and expand opportunities.

Discover why Zacks, being the first on Wall Street to initiate the stock coverage, rates Dawson as "Neutral." Explore how DWSN's operational turnaround, fleet modernization and expanding growth opportunities support its outlook.

MIDLAND, Texas, May 14, 2026 /PRNewswire/ -- Dawson Geophysical Company (NASDAQ: DWSN) (the "Company") today reported unaudited financial results for its first quarter ended March 31, 2026. First quarter 2026 Highlights Recognized fee revenue of $32.5 million, an 113% increase over the first quarter of 2025 Net income of $7.7 million, $0.25 per share Generated Adjusted EBITDA of $10.9 million, an 364% increase over the first quarter of 2025 Adjusted EBITDA is a non-GAAP measure.