---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-103765"
form_type: "8-K"
ticker: "DWSN"
cik: "0000799165"
company_name: "DAWSON GEOPHYSICAL CO"
filed_at: "2021-08-12T23:59:59+00:00"
generated_at: "2026-06-29T14:14:59.438436+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dawson Geophysical Q2 2021 revenue $193K, net loss $9.0M; no crews operating

## Summary
- Q2 2021 revenues $193K vs $29.5M in Q2 2020; net loss $9.0M ($0.38/share) vs net income $1.5M ($0.06) prior year.
- No seismic data acquisition crew operated in Q2; one midsize crew deployed mid-July in US, Canada crew possible Q4.
- Six-month 2021: revenue $11.9M (down 83% YoY); net loss $14.2M ($0.61/share) vs net income $2.5M ($0.11) prior year.
- Cash and short-term investments $45.9M; working capital $44.4M; nearly debt-free with $0.4M in notes and finance leases.
- CapEx budget $1M for 2021; no capital expenditures incurred in first half.

## SEC filing metadata
- accession: 0001104659-21-103765
- form_type: 8-K
- ticker: DWSN
- cik: 0000799165
- company_name: DAWSON GEOPHYSICAL CO
- filed_at: 2021-08-12T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799165/000110465921103765/0001104659-21-103765-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799165/000110465921103765/tm2124737d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-103765
- JSON: https://secwatch.observer/filing/0001104659-21-103765.json
- Plain text: https://secwatch.observer/filing/0001104659-21-103765.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.