DAWSON GEOPHYSICAL COMPANY
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $75.6M | $74.2M | $96.8M | $51.6M | $24.7M | $86.1M | $145.8M |
| Cost of Revenue | — | $62.6M | $63.0M | $86.7M | $37.9M | $29.0M | $69.0M | $123.0M |
| Gross Profit | — | $13.0M | $11.1M | $10.2M | $13.7M | $-4.3M | $17.1M | $22.7M |
| Gross Margin | — | 17.2% | 15.0% | 10.5% | 26.6% | -17.5% | 19.9% | 15.6% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $9.0M | $9.9M | $12.6M | $15.5M | $12.0M | $13.9M | $17.2M |
| Operating Income | — | $-1.7M | $-4.5M | $-13.1M | $-22.2M | $-29.2M | $-14.0M | $-16.2M |
| Operating Margin | — | -2.2% | -6.1% | -13.5% | -43.0% | -118.4% | -16.3% | -11.1% |
| Interest Expense | — | — | — | $103.0K | $31.0K | $21.0K | $83.0K | $435.0K |
| Pretax Income | — | $-1.9M | $-4.1M | $-12.2M | $-18.5M | $-29.1M | $-13.2M | $-15.5M |
| Income Tax Expense | — | $6.0K | $7.0K | $-96.0K | $107.0K | $-26.0K | $24.0K | $-239.0K |
| Net Income | — | $-1.9M | $-4.1M | $-12.1M | $-18.6M | $-29.1M | $-13.2M | $-15.2M |
| Net Margin | — | -2.6% | -5.6% | -12.5% | -36.1% | -117.8% | -15.3% | -10.4% |
| EPS (Basic) | — | $-0.06 | $-0.13 | $-0.45 | $-0.75 | $-1.23 | $-0.56 | $-0.66 |
| EPS (Diluted) | — | $-0.06 | $-0.13 | $-0.45 | $-0.75 | $-1.23 | $-0.56 | $-0.66 |
| Shares Outstanding (Basic) | 31.1M | 31.0M | 30.9M | 26.8M | 25.0M | 23.6M | 23.4M | 23.2M |
| Shares Outstanding (Diluted) | 31.1M | 31.0M | 30.9M | 26.8M | 25.0M | 23.6M | 23.4M | 23.2M |
| Dividends Per Share | — | — | — | — | — | — | — | — |