Dawson Geophysical Company (DWSN) AI Stock Analysis

Dawson Geophysical Company, based in Midland, Texas, specializes in onshore seismic data acquisition and processing services across the United States and Canada. Founded in 1952, the company acquires and processes 2-D, 3-D, and multi-component seismic data. Clients include major oil and gas companies, independent operators, and multi-client data library providers exploring land and transition areas between land and water. The company also provides seismic data for resource exploration to the potash mining industry. As a subsidiary of Wilks Brothers, LLC, Dawson Geophysical Company utilizes advanced seismic technology and subsurface imaging to help clients make exploration and production decisions.

Annual revenue fluctuated from $24.7M in FY2021 to $51.6M in FY2022 and $96.8M in FY2023, before dropping to $74.2M in FY2024 and rising 2.0% to $75.6M in FY2025. Gross margin improved from -13.1% in FY2022 to 9.7% in FY2025, while operating margin narrowed from -118.4% in FY2021 to -2.2% in FY2025. Net income was negative across all five years, though net losses narrowed from -$29.1M in FY2021 to -$1.9M in FY2025. Over the five years from FY2020 to FY2025, revenue posted a compound annual growth rate of -2.6%. For the trailing twelve months ended June 30, 2026, revenue stood at $104.3M with quarterly revenue growth of 81.8% and quarterly earnings growth of 722.4%.

As of June 30, 2026, Dawson Geophysical held $6.1M in cash and short-term investments against total debt of $20.0M, resulting in net debt of $13.9M. Total assets were $55.3M and shareholders' equity was $20.0M, producing a debt-to-equity ratio of 1.00 and a current ratio of 0.87. Operating cash flow improved to $14.0M in FY2025, supporting capital expenditures of $6.8M and generating positive free cash flow of $7.1M. Over the past five years, the company's share count increased 31.3%.

Dawson Geophysical has a market capitalization of $69.3M and an enterprise value of $106.2M. The stock trades at a trailing price-to-earnings multiple of 18.6x, compared to the median of 15.0x for its US-listed Energy peers. Its forward price-to-earnings ratio is 3.8x, below the peer median of 12.7x, while its enterprise value-to-EBITDA ratio of 8.7x is above the peer median of 8.0x. Over the past year, the shares gained 21.2%, outperforming the S&P 500 return of 16.8%, but its five-year return of 16.1% lagged the S&P 500 return of 83.0%.

Wall Street analysts report a mean price target of $4.00, representing a 79.4% premium over the last close of $2.23 on October 16, 2026. The company recorded 0 earnings beats over the last four quarters. Its next earnings report is scheduled for November 11, 2026.

This page is an AI-written research summary of Dawson Geophysical Company (DWSN). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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