Filing Flows › Dawson Geophysical (DWSN) › Q2 2026
Dawson Geophysical (DWSN) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Dawson Geophysical (DWSN) reported revenue of $17.9M for the second quarter 2026 (Q2 2026), +82% from a year earlier and -51% from the quarter before. Operating margin was -16.9%, net loss $3.4M (19.2% of revenue).
Dawson Geophysical, Q2 2026: revenue $17.9M (+82% year over year), operating margin -16.9%, net loss $3.4M, operating cash flow $6.5M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.9M | -51% | +82% |
| Operating profit | −$3.0M | -137% | — |
| Net earnings | −$3.4M | -145% | — |
| Operating cash flow | $6.5M | — | -57% |
| Free cash flow | $6.2M | — | — |
What changed
Revenue was $17.9M in Q2 2026, up 82% year over year and down 51% from the previous quarter. Fee Revenue was the largest line at 78% of revenue. Fee Revenue added $5.3M year over year (up 60%), 65% of the total change.
Operating costs exceeded revenue by $3.0M, an operating margin of -16.9%. Total costs grew 71% against revenue growth of 82%. The fastest-growing cost line was Cost of revenue (+76%). The quarter ended with a net loss of $3.4M, after a profit of $7.7M the previous quarter.
Operating cash flow was $6.5M (down 57% year over year). Non-cash charges added back $2.0M of depreciation and amortization and $69K of share-based compensation. Working capital and other items added $7.8M. Capital expenditures of $219K left free cash flow of $6.2M.
Questions
What was Dawson Geophysical's revenue in the second quarter 2026?
Dawson Geophysical (DWSN) reported revenue of $17.9M for the second quarter 2026 (Q2 2026), +82% from a year earlier and -51% from the quarter before.
Was Dawson Geophysical profitable in the second quarter 2026?
Operating loss was $3.0M (-16.9% of revenue) and net loss $3.4M.
Source: Dawson Geophysical 10-Q on SEC EDGAR.