Filing Flows › Dawson Geophysical (DWSN) › Q4 2024
Dawson Geophysical (DWSN) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Apr 2, 2025
Dawson Geophysical (DWSN) reported revenue of $15.6M for the fourth quarter 2024 (Q4 2024), -36% from a year earlier and +8% from the quarter before. Operating margin was -5.3%, net loss $802K (5.1% of revenue).
Dawson Geophysical, Q4 2024: revenue $15.6M (-36% year over year), operating margin -5.3%, net loss $802K, operating cash flow −$5.4M. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $15.6M | +8% | -36% |
| Operating profit | −$834K | — | — |
| Net earnings | −$802K | — | — |
| Operating cash flow | −$5.4M | — | — |
What changed
Revenue was $15.6M in Q4 2024, down 36% year over year and up 8% from the previous quarter. Fee Revenue was the largest line at 88% of revenue.
Operating costs exceeded revenue by $834K, an operating margin of -5.3%. Total costs fell 37% while revenue fell 36%. The quarter ended with a net loss of $802K, narrower than the previous quarter's $5.6M loss.
Operating cash flow was −$5.4M. Non-cash charges added back $1.4M of depreciation and amortization and $169K of share-based compensation. Working capital and other items used $6.1M. Capital expenditures of $308K exceeded it, leaving free cash flow of −$5.7M.
Questions
What was Dawson Geophysical's revenue in the fourth quarter 2024?
Dawson Geophysical (DWSN) reported revenue of $15.6M for the fourth quarter 2024 (Q4 2024), -36% from a year earlier and +8% from the quarter before.
Was Dawson Geophysical profitable in the fourth quarter 2024?
Operating loss was $834K (-5.3% of revenue) and net loss $802K.
Source: Dawson Geophysical 10-K on SEC EDGAR.