---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-031829"
form_type: "8-K"
ticker: "DWSN"
cik: "0000799165"
company_name: "DAWSON GEOPHYSICAL CO"
filed_at: "2023-03-13T23:59:59+00:00"
generated_at: "2026-06-18T05:07:34.739417+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dawson Geophysical Q4 revenue up 35% to $14.7M; net loss narrows to $2.8M

## Summary
- Q4 2022 revenue $14.7M, up 35% YoY; net loss $2.8M vs $6.98M in Q4 2021.
- Full year 2022 revenue $37.5M, up 52% YoY; net loss $20.5M ($0.86/share) vs $29.1M ($1.23).
- Q4 EBITDA loss improved to $500K from $4.3M loss in prior year quarter.
- Cash and short-term investments $19.2M at Dec 31, 2022; working capital $22.3M.
- Board approved initial 2023 capital budget of $5M; currently running two mid-sized crews in US and four in Canada.

## SEC filing metadata
- accession: 0001104659-23-031829
- form_type: 8-K
- ticker: DWSN
- cik: 0000799165
- company_name: DAWSON GEOPHYSICAL CO
- filed_at: 2023-03-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/799165/000110465923031829/0001104659-23-031829-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/799165/000110465923031829/tm239326d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-031829
- JSON: https://secwatch.observer/filing/0001104659-23-031829.json
- Plain text: https://secwatch.observer/filing/0001104659-23-031829.txt

## Key facts
- Earnings Releases
  DAWSON GEOPHYSICAL CO reported preliminary financial results for fourth quarter and fiscal year ended December 31, 2022.
  - Period: fourth quarter and fiscal year ended December 31, 2022
  - Result: preliminary results
  source text: On March 13, 2023, Dawson Geophysical Company (the “Company”) issued a press release reporting its preliminary and unaudited financial results for its fourth quarter and full year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/799165/000110465923031829/0001104659-23-031829-index.htm

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