Every material Form 8-K DAWSON GEOPHYSICAL CO has filed with the SEC since March 30, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Dawson Geophysical reported unaudited second-quarter 2026 revenue of $17.9 million, up 82% from a year earlier, but a net loss of $3.4 million, or $0.11 per share, which was wider than the $2.3 million loss in the second quarter of 2025. The loss included $1.7 million of strategic transaction costs tied to discussions with controlling stockholder Wilks Brothers, LLC, which the filing says controls about 80% of the common stock. There is no guarantee a definitive agreement will be reached, and a special committee of independent directors is evaluating any such transaction.
Second-quarter fee revenue was $14.0 million, up 60%; total revenue was $17.9 million, up 82% from $9.9 million.
Second-quarter net loss was $3.4 million, or $0.11 per share, including $1.7 million of strategic transaction costs; Adjusted EBITDA was $0.6 million versus negative $1.2 million a year earlier.
Six-month net income was $4.2 million, or $0.14 per share, including $2.4 million of strategic transaction costs.
Discussions with Wilks Brothers, LLC and its affiliates on possible transactions are ongoing; no definitive agreement has been reached.
Dawson Geophysical reported unaudited first quarter 2026 results, with total revenue up 128% from a year earlier and net income of $7.7 million, or $0.25 per share, versus $0.03 per share a year earlier. The company said high equipment utilization drove the gains, though operating cash flow was negative $0.5 million in the quarter.
Total revenue of $36.7 million for the quarter ended March 31, 2026, up from $16.1 million a year earlier
Net income of $7.7 million, or $0.25 per diluted share, compared with $1.0 million, or $0.03 per share, in Q1 2025
Adjusted EBITDA of $10.9 million, up from $2.3 million; cash used in operating activities was $0.5 million
Cash of $1.4 million at March 31, 2026; working capital of $0.4 million versus a $5 million deficit at December 31, 2025
Dawson Geophysical reported unaudited fourth-quarter and full-year 2025 results. Q4 revenue rose 72% to $27.0 million and the company posted net income of $0.6 million, compared with a net loss of $0.8 million a year earlier. Full-year net loss narrowed to $1.9 million from $4.1 million, though revenue grew only 2%. The filing also says Wilks Brothers and its affiliates, which control about 80% of the stock, are in discussions on possible transactions with the company, with no definitive agreement reached.
Q4 2025 total revenue was $27.0 million, up 72% from $15.6 million; Q4 net income was $0.6 million, or $0.02 per share, versus a net loss of $0.8 million in Q4 2024
Full-year 2025 revenue was $75.6 million, up 2% from $74.2 million; net loss was $1.9 million, or $0.06 per share, compared with $4.1 million, or $0.13 per share, in 2024
Wilks Brothers, LLC and affiliates control about 80% of common stock; discussions on possible transactions have no guarantee of a definitive agreement, and $528,000 of related expenses were incurred in Q4 2025
Cash from operations was $14.0 million in 2025; cash rose to $4.9 million at December 31, 2025, and the 2026 capital budget is $3 million
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