Dawson Geophysical Q4 revenue up 72% YoY, net income $0.6M; full-year net loss narrows to $1.9M

DAWSON GEOPHYSICAL CO

Q4 revenue $27.0M (+72% YoY); fee revenue $22.9M (+67%); net income $0.6M ($0.02 EPS).
Full-year revenue $75.6M (+2%); net loss $1.9M ($0.06/shr), improved from $4.1M loss in 2024.
Adjusted EBITDA Q4 $3.3M (+248% YoY); full-year $4.7M (+139%).
Operating cash flow $14.0M; cash rose to $4.9M; $5M credit facility undrawn.
Board approved $3M 2026 capex including $0.9M final equipment payment; AI tool cut mapping processing time.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.97

DAWSON GEOPHYSICAL CO reported year ended December 31, 2025 results: revenue revenues of $75.6 million, net income net loss of $1.9 million, EPS $0.06 per common share.

Period: year ended December 31, 2025
Revenue: revenues of $75.6 million
Net income: net loss of $1.9 million
EPS: $0.06 per common share
Result: preliminary results

Exact text from the filing

December 31, 2025, compared to Adjusted EBITDA of $0.9 million in the quarter ended December 31, 2024. For the year ended December 31, 2025, the Company reported revenues of $75.6 million, an increase of 2% compared to $74.2 million for the year ended December 31, 2024. Revenue included reimbursable revenue of $13.7 million and $20.7 million for the years ended

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Earnings Releases SEC 8-K Item 2.02 confidence 0.97

DAWSON GEOPHYSICAL CO reported fourth quarter and year ended December 31, 2025 results: revenue revenues of $27.0 million, net income net income of $0.6 million, EPS $0.02 per common share.

Period: fourth quarter and year ended December 31, 2025
Revenue: revenues of $27.0 million
Net income: net income of $0.6 million
EPS: $0.02 per common share
Result: preliminary results

Exact text from the filing

For the fourth quarter ended December 31, 2025, the Company reported revenues of $27.0 million, an increase of 72% compared to $15.6 million for the comparable quarter ended December 31, 2024.

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Source: SEC EDGAR

accession 0001104659-26-037073

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