DAWSON GEOPHYSICAL REPORTS SECOND QUARTER 2026 RESULTS
Dawson Geophysical reported unaudited second quarter 2026 results through June 30, 2026, showing fee revenue of $14 million, up 60% from the prior-year quarter, and a net loss of $3.4 million ($0.11 per share) that included $1.7 million in strategic transaction costs. The company also generated $0.6 million in Adjusted EBITDA, its fourth consecutive quarter of positive Adjusted EBITDA and the first such streak since September 2018, with year-to-date fee revenue up 94% to $46.5 million and net income of $4.2 million.
Why it matters — For DWSN watchers, this marks sustained operational improvement, with a record multi-quarter Adjusted EBITDA streak, sharply higher revenue, and year-to-date profitability despite one-time strategic costs.