Dawson Geophysical Company reported preliminary unaudited financial results for the second quarter ended June 30, 2026. The company recognized fee revenue of $14 million, a 60% increase year-over-year, and generated Adjusted EBITDA of $0.6 million, marking its fourth consecutive quarter of positive Adjusted EBITDA since September 2018. Net loss was $3.4 million, or $0.11 per share, which included $1.7 million in strategic transaction costs related to discussions with controlling stockholder Wilks Brothers, LLC regarding potential asset transactions or business combinations. Year-to-date fee revenue increased 94% to $46.5 million, resulting in net income of $4.2 million, or $0.14 per share. The company also noted the start of a high-density channel count job and expects Canadian operations to resume in the fourth quarter of 2026. Dawson Geophysical Company is a leading provider of North American onshore seismic data acquisition services.