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AI brief of an SEC Form 8-K · DAWSON GEOPHYSICAL CO (DWSN)

Dawson Geophysical Q2 revenue rises 82% to $17.9 million; net loss $3.4 million

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyDAWSON GEOPHYSICAL CO (DWSN)
Form8-K, current report
Filed with the SECAug 13, 2026, 5:10 PM ET
Accession number0001104659-26-096033

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 13, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.