DAWSON GEOPHYSICAL REPORTS FIRST QUARTER 2026 RESULTS
Dawson Geophysical reported Q1 2026 revenue of $36.7 million, a 128% increase year-over-year, driven by full utilization of new single-node seismic equipment. Net income rose to $7.7 million ($0.25 per share) from $1.0 million in the prior year, while Adjusted EBITDA surged 364% to $10.9 million.
Key figures
- Eps
- 0.25
- Revenue
- 36699000
- Revenue Yoy
- 128%
- Net income
- 7661000
- Fee revenue
- 32508000
- Gross margin
- 40%
- Adjusted ebitda
- 10855000
- Fee revenue yoy
- 113%
- Operating income
- 8140000
- Adjusted ebitda yoy
- 364%
- Capital budget 2026
- 3000000
- Cash and equivalents
- 1374000
- Credit facility borrowing base
- 4500000
AI analysis
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