Stocks · Energy · Oil & Gas Equipment & Services

Dawson Geophysical Company DWSN

$2.76 +6.15% Close, Oct 2, 2026 · NASDAQ · Market cap $85.7M

Strong growth

Next earnings report: Oct 29, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Revenue over the last four quarters was $104.3M, up 86.3% from a year earlier, accelerating from 64.1% a quarter earlier.
  2. Operating margin widened to 5.3% from -13.9% a year earlier.
  3. The stock is 64% below its highest close of the past year.

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth89Strong

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 3%
  • FCF growth (TTM, YoY)Bottom 9%
  • Revenue growth, 3-year CAGRTop 21%
  • Revenue growth accelerationTop 7%
Quality33Weak

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 18%
  • Gross marginBottom 42%
  • Operating marginBottom 31%
  • Cash conversion (OCF / net income)Bottom 16%
  • Accruals (lower is better)Bottom 12%
  • Net debt / EBITDA (lower is better)Top 48%
  • Interest coverTop 49%
Value49Neutral

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 48%
  • Free-cash-flow yieldBottom 20%
  • EBITDA / enterprise valueBottom 47%
  • Sales / enterprise valueTop 17%
Momentum52Neutral

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 11%
  • 6-month returnBottom 49%
  • 1-year return vs S&P 500Top 18%
  • Distance from 52-week highBottom 8%
  • Trend checklist (0–4)Bottom 45%
Revisions35Weak

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersBottom 32%
  • Consecutive EPS beatsTop 31%
  • Share of analysts rating BuyBottom 27%
Stability38Weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 1%
  • Maximum drawdown, 3 yearsBottom 25%
  • Beta vs S&P 500 (lower is better)Top 2%
  • Net debt / EBITDA (lower is better)Top 48%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)64.1%86.3%↑
Gross margin-48.5%26.6%↑
Operating margin-13.9%5.3%↑
FCF margin10.6%-4.3%↓

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)86.3%64.1%↑Top 3%
Gross margin26.6%-48.5%↑Bottom 42%
Operating margin5.3%-13.9%↑Bottom 31%
Net margin3.5%-13.9%↑—
Free-cash-flow margin-4.3%10.6%↓—
Return on invested capital13.5%—Top 18%
Revenue growth, 3-year CAGR13.6%—Top 21%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
0.92×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
0.5%
Stock-based compensation / revenueA cost to shareholders through dilution.
0.1%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+21.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
1.40×
Interest cover (operating income / interest)How many times operating profit covers interest.
4.1×

Shareholder returns

Dividend yield (dividends paid, TTM)
0.00%
Net buyback yield (TTM)
0.00%
Shareholder yield
0.00%
Share count change, 1 year
+0.2%
Share count change, 3-year CAGR
+7.5%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Aug 14, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
2
Beats in the last 8 reports
4 of 7
Average EPS surprise, last 4
-7.9%
Average 2-day reaction, last 8
+1.2%
Positive 20 days after report
4 of 8

Analysts

Analysts with a rating
5
Share rating Buy or Strong Buy
40%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Aug 13, 2026+15.4%+4.1%-35.2%-22.8%—
May 14, 2026+186.2%+13.2%+24.6%+39.3%+24.0%
Mar 30, 2026-66.7%-18.8%-9.8%+11.1%+33.8%
Nov 12, 2025-166.7%-1.9%-7.1%-13.3%+8.1%
Aug 11, 2025-233.3%-0.7%-5.1%+16.9%+51.5%
May 13, 2025+110.3%+9.3%+7.6%+14.4%+15.3%
Mar 28, 2025+89.7%+0.0%-6.2%-3.1%+35.7%
Nov 12, 2024—+4.7%-14.2%-9.5%-18.3%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Aug 13, 2026-$0.11-$0.13+15.4%$17.9M
May 14, 2026$0.25-$0.29+186.2%$36.7M
Mar 30, 2026$0.02$0.06-66.7%$10.8M
Nov 12, 2025-$0.04$0.06-166.7%$22.7M
Aug 11, 2025-$0.08$0.06-233.3%$9.9M
May 13, 2025$0.03-$0.29+110.3%$16.1M
Mar 28, 2025-$0.03-$0.29+89.7%—
Nov 12, 2024-$0.18——$14.4M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)22.6×——Bottom 48%
EV / EBITDA9.8×——Bottom 47%
EV / Sales0.96×——Top 17%
Free-cash-flow yield-5.19%——Bottom 20%
Earnings yield4.42%——Bottom 48%

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✗ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
0
50-day average slope (20 days)
-20.5%
200-day average slope (20 days)
+3.7%
Distance from 50-day average
-22.9%
Distance from 200-day average
-19.6%
RSI (14)
36.7
Relative volume
1.10×

Risk and drawdowns

Volatility, 60 days (annualized)
152.9%
Volatility vs own 5-year history
88th percentile · High for this stock
Beta vs S&P 500 (2 years, weekly)
-0.09
Correlation with S&P 500
-0.01
Current drawdown from 1-year high
-63.5%
Maximum drawdown, 3 years
-65.7%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Feb 23, 2021Sep 1, 2022-67.3%385 days873 days (Feb 26, 2026)
Jul 10, 2026Oct 1, 2026-65.6%58 daysNot yet recovered
Mar 17, 2026Mar 23, 2026-54.9%4 days66 days (Jun 26, 2026)
Oct 14, 2020Nov 2, 2020-21.7%13 days43 days (Jan 5, 2021)
Feb 4, 2021Feb 11, 2021-13.3%5 days2 days (Feb 16, 2021)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$85.7M
P/E (TTM)
22.6
EPS, diluted (TTM)
$0.12
Revenue (TTM)
$104.3M
52-week range
$1.50 – $7.85
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$24.7M$51.6M$96.8M$74.2M$75.6M
Gross profit$11.8M-$6.7M$1.7M$5.4M$7.3M
Operating income-$29.2M-$22.2M-$13.1M-$4.5M-$1.7M
Net income-$29.1M-$18.6M-$12.1M-$4.1M-$1.9M
EPS (diluted)-$1.23-$0.75-$0.45-$0.13-$0.06
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$14.4M$15.6M$16.1M$9.9M$22.7M$26.9M$36.7M$17.9M
Net income-$5.6M-$802,000$992,000-$2.3M-$1.2M$569,000$7.7M-$3.4M
EPS (diluted)-$0.18-$0.03$0.03-$0.08-$0.04$0.02$0.25-$0.11
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow-$16.1M-$3.3M$814,000-$1.9M$14.0M
Capital expenditure-$505,000-$1.4M-$3.7M-$1.9M-$6.8M
Free cash flow-$16.6M-$4.7M-$2.9M-$3.7M$7.1M
Dividends paid$0$0$0-$9.9M$0
Net share buybacks-$75,000$113,000$0$0$0

Cash outflows are shown as negative numbers.

Cash and short-term investments
$6.1M
Total assets
$55.3M
Total liabilities
$35.3M
Total debt
$20.0M
Net debt
$14.3M
Shareholders’ equity
$20.0M

As of Jun 30, 2026 (filed Aug 14, 2026).

Dividends

Ex-dateAmountPaid
Apr 19, 2024$0.32May 6, 2024
Nov 20, 2014$0.03Dec 8, 2014
Aug 13, 2014$0.03Aug 29, 2014
Feb 12, 2014$0.03Feb 24, 2014
Dec 13, 2012$0.15Dec 27, 2012

Short interest

Shares sold short
266,636
Days to cover
2.95
Change vs previous report
+1.9%

FINRA short interest, settlement date Sep 15, 2026.

Stock splits

May 11, 2018
21-for-20
Feb 12, 2015
1-for-3
Apr 26, 2013
21-for-20
Apr 26, 2012
21-for-20
Apr 28, 2010
21-for-20