---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-061373"
form_type: "8-K"
ticker: "DWSN"
cik: "0000799165"
company_name: "DAWSON GEOPHYSICAL CO"
filed_at: "2022-05-16T23:59:59+00:00"
generated_at: "2026-06-25T15:56:18.931010+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dawson Geophysical Q1 revenue up 56% YoY to $18.4M; net loss narrows to $2.4M

## Summary
- Revenues of $18.36M, up 56% YoY from $11.75M; net loss of $2.39M ($0.10 loss per share) vs $5.23M loss prior year.
- Positive EBITDA of $229,000, compared to negative EBITDA of $1.86M in Q1 2021.
- Transaction costs of $2.87M incurred related to failed Wilks Brothers merger; Wilks owns ~74.5% of shares.
- No crews currently working; no Q2 crew expected and limited Q3 activity; demand remains weak despite high oil prices.

## SEC filing metadata
- accession: 0001104659-22-061373
- form_type: 8-K
- ticker: DWSN
- cik: 0000799165
- company_name: DAWSON GEOPHYSICAL CO
- filed_at: 2022-05-16T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799165/000110465922061373/0001104659-22-061373-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799165/000110465922061373/tm2215549d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-061373
- JSON: https://secwatch.observer/filing/0001104659-22-061373.json
- Plain text: https://secwatch.observer/filing/0001104659-22-061373.txt

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