secwatch.observer — SEC 8-K summary
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Issuer:     DAWSON GEOPHYSICAL CO (DWSN)
CIK:        0000799165
Form:       8-K
Filed at:   2026-03-31T23:59:59+00:00
Accession:  0001104659-26-037073
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/799165/000110465926037073/0001104659-26-037073-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/799165/000110465926037073/dwsn-20260330x8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-037073

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer