DWSN (Dawson Geophysical Co) Retained Earnings: $-135.3 Mil (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DWSN Dawson Geophysical Co DWSN
42 GF Score
Price $3.18
GF Value $2.04
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Dawson Geophysical Co Retained Earnings?

Dawson Geophysical Co DWSN +6.00% 42 Retained Earnings is $-135.3 Mil as of Jun. 2026. GuruFocus rates DWSN with a GF Score™ of 42/100 and a GF Value™ of $2.04 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dawson Geophysical Co's retained earnings for the quarter that ended in Jun. 2026 was $-135.3 Mil.

Dawson Geophysical Co's quarterly retained earnings increased from Dec. 2025 ($-139.6 Mil) to Mar. 2026 ($-131.9 Mil) but then declined from Mar. 2026 ($-131.9 Mil) to Jun. 2026 ($-135.3 Mil).

Dawson Geophysical Co's annual retained earnings declined from Dec. 2023 ($-123.6 Mil) to Dec. 2024 ($-137.6 Mil) and declined from Dec. 2024 ($-137.6 Mil) to Dec. 2025 ($-139.6 Mil).


Dawson Geophysical Co  (NAS:DWSN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Dawson Geophysical Co Retained Earnings Historical Data

* Premium members only.

The historical data trend for Dawson Geophysical Co's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dawson Geophysical Co Retained Earnings Chart

Dawson Geophysical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -92.02 -112.47 -123.64 -137.62 -139.56

Dawson Geophysical Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -138.98 -140.13 -139.56 -131.90 -135.34
DWSN
42GF Score
Dawson Geophysical Co DWSN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dawson Geophysical Co Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-135.3 Mil mean?
Dawson Geophysical Co (DWSN) has a Retained Earnings of $-135.3 Mil as of Jun. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dawson Geophysical Co and its competitors.
Is Dawson Geophysical Co's Retained Earnings too high?
Dawson Geophysical Co's current Retained Earnings is $-135.3 Mil. Overall, Dawson Geophysical Co has a GF Score™ of 42/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Dawson Geophysical Co's Retained Earnings compare to NINE and STAK?
Dawson Geophysical Co's Retained Earnings of $-135.3 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dawson Geophysical Co and its competitors. Dawson Geophysical Co's current Retained Earnings is $-135.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dawson Geophysical Co stock overvalued right now?
Based on GuruFocus' analysis, Dawson Geophysical Co (DWSN) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.04, compared to a current price of $3.18 — trading 55.9% above its estimated fair value. The current Retained Earnings is $-135.3 Mil. Dawson Geophysical Co's overall GF Score™ is 42/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Dawson Geophysical Co (DWSN), the current Retained Earnings is $-135.3 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dawson Geophysical Co (DWSN) Overvalued in 2026?

Based on GuruFocus' analysis, Dawson Geophysical Co stock appears to be overvalued. The current stock price of $3.18 is trading 55.9% above its estimated GF Value™ of $2.04. GuruFocus considers Dawson Geophysical Co to be Significantly Overvalued.

Key valuation signals for DWSN:

  • Retained Earnings: $-135.3 Mil
  • GF Value™: $2.04 vs. price of $3.18 (55.9% above fair value)
  • GF Score™: 42/100 with 1 warning sign

No single metric tells the full story. See the DWSN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dawson Geophysical Co Business Description

Industry EnergyOil & Gas
Other Exchanges RVS1:Germany
Address 508 West Wall, Suite 800, Midland, TX, USA, 79701
Dawson Geophysical Co provides seismic data acquisition services mainly to providers of multi-client data libraries and directly to onshore oil and natural gas exploration and development companies in the continental U.S. and Canada. The demand for seismic services is largely influenced by drilling and completion activity, exploration budgets, and prevailing and anticipated crude oil and natural gas prices. Its data acquisition crews serve companies engaged in the exploration and development of oil and gas on land and in land-to-water transition areas. The business operates through two reportable segments, with U.S. operations generating the majority of revenue and Canada operations contributing additionally.
42GF Score

Get the complete analysis for DWSN

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.18
Price
$2.04
GF Value