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Side-by-side financial comparison of DAWSON GEOPHYSICAL CO (DWSN) and Finwise Bancorp (FINW). Click either name above to swap in a different company.

Finwise Bancorp is the larger business by last-quarter revenue ($46.9M vs $26.9M, roughly 1.7× DAWSON GEOPHYSICAL CO). Finwise Bancorp runs the higher net margin — 8.4% vs 2.1%, a 6.2% gap on every dollar of revenue. On growth, Finwise Bancorp posted the faster year-over-year revenue change (121.7% vs 72.3%). Over the past eight quarters, Finwise Bancorp's revenue compounded faster (54.3% CAGR vs 5.4%).

Dawson Geophysical Co is a North American geophysical services provider specializing in seismic data acquisition, processing and analysis. It primarily serves the oil and gas exploration and production sector, supporting clients to assess subsurface energy reserves across major onshore resource basins in the U.S. and Canada.

Finwise Bancorp is a U.S.-based financial holding company that operates primarily through its community banking subsidiary. It offers a full suite of retail and commercial financial services, including deposit accounts, personal loans, mortgage products, small business financing, and wealth management solutions, serving local retail consumers and small to medium-sized business clients across its regional operating markets.

DWSN vs FINW — Head-to-Head

Bigger by revenue
FINW
FINW
1.7× larger
FINW
$46.9M
$26.9M
DWSN
Growing faster (revenue YoY)
FINW
FINW
+49.4% gap
FINW
121.7%
72.3%
DWSN
Higher net margin
FINW
FINW
6.2% more per $
FINW
8.4%
2.1%
DWSN
Faster 2-yr revenue CAGR
FINW
FINW
Annualised
FINW
54.3%
5.4%
DWSN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DWSN
DWSN
FINW
FINW
Revenue
$26.9M
$46.9M
Net Profit
$569.0K
$3.9M
Gross Margin
19.7%
Operating Margin
3.1%
11.7%
Net Margin
2.1%
8.4%
Revenue YoY
72.3%
121.7%
Net Profit YoY
170.9%
40.1%
EPS (diluted)
$0.03
$0.27

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DWSN
DWSN
FINW
FINW
Q4 25
$26.9M
$46.9M
Q3 25
$22.7M
$36.7M
Q2 25
$9.9M
$25.1M
Q1 25
$16.1M
$22.1M
Q4 24
$15.6M
$21.1M
Q3 24
$20.8M
Q2 24
$12.5M
$19.8M
Q1 24
$31.6M
$19.7M
Net Profit
DWSN
DWSN
FINW
FINW
Q4 25
$569.0K
$3.9M
Q3 25
$-1.2M
$4.9M
Q2 25
$-2.3M
$4.1M
Q1 25
$992.0K
$3.2M
Q4 24
$-802.0K
$2.8M
Q3 24
$3.5M
Q2 24
$-3.5M
$3.2M
Q1 24
$5.8M
$3.3M
Gross Margin
DWSN
DWSN
FINW
FINW
Q4 25
19.7%
Q3 25
10.1%
Q2 25
11.5%
Q1 25
26.7%
Q4 24
19.9%
Q3 24
Q2 24
1.0%
Q1 24
30.5%
Operating Margin
DWSN
DWSN
FINW
FINW
Q4 25
3.1%
11.7%
Q3 25
-5.2%
17.5%
Q2 25
-24.1%
21.7%
Q1 25
6.4%
20.1%
Q4 24
-5.3%
17.5%
Q3 24
22.2%
Q2 24
-30.1%
21.1%
Q1 24
18.4%
22.9%
Net Margin
DWSN
DWSN
FINW
FINW
Q4 25
2.1%
8.4%
Q3 25
-5.1%
13.3%
Q2 25
-23.8%
16.3%
Q1 25
6.2%
14.4%
Q4 24
-5.1%
13.2%
Q3 24
16.6%
Q2 24
-28.3%
16.1%
Q1 24
18.5%
16.9%
EPS (diluted)
DWSN
DWSN
FINW
FINW
Q4 25
$0.03
$0.27
Q3 25
$-0.04
$0.34
Q2 25
$-0.08
$0.29
Q1 25
$0.03
$0.23
Q4 24
$-0.02
$0.19
Q3 24
$0.25
Q2 24
$-0.12
$0.24
Q1 24
$0.19
$0.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DWSN
DWSN
FINW
FINW
Cash + ST InvestmentsLiquidity on hand
$5.3M
$163.4M
Total DebtLower is stronger
$11.3M
Stockholders' EquityBook value
$15.8M
$193.2M
Total Assets
$56.0M
$977.1M
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DWSN
DWSN
FINW
FINW
Q4 25
$5.3M
$163.4M
Q3 25
$5.1M
$105.6M
Q2 25
$16.2M
$90.1M
Q1 25
$2.7M
$120.3M
Q4 24
$1.4M
$109.2M
Q3 24
$85.8M
Q2 24
$11.4M
$89.0M
Q1 24
$11.7M
$115.8M
Total Debt
DWSN
DWSN
FINW
FINW
Q4 25
$11.3M
Q3 25
$6.5M
Q2 25
$1.1M
Q1 25
$1.3M
Q4 24
$1.5M
Q3 24
Q2 24
$1.4M
Q1 24
$1.5M
Stockholders' Equity
DWSN
DWSN
FINW
FINW
Q4 25
$15.8M
$193.2M
Q3 25
$15.2M
$187.8M
Q2 25
$16.4M
$182.0M
Q1 25
$18.3M
$177.4M
Q4 24
$17.3M
$173.7M
Q3 24
$170.4M
Q2 24
$23.8M
$165.8M
Q1 24
$27.3M
$162.5M
Total Assets
DWSN
DWSN
FINW
FINW
Q4 25
$56.0M
$977.1M
Q3 25
$40.6M
$899.9M
Q2 25
$45.7M
$842.5M
Q1 25
$33.3M
$804.1M
Q4 24
$30.9M
$746.0M
Q3 24
$683.0M
Q2 24
$41.0M
$617.8M
Q1 24
$57.8M
$610.8M
Debt / Equity
DWSN
DWSN
FINW
FINW
Q4 25
0.72×
Q3 25
0.43×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.09×
Q3 24
Q2 24
0.06×
Q1 24
0.06×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DWSN
DWSN
FINW
FINW
Operating Cash FlowLast quarter
$2.1M
$-28.4M
Free Cash FlowOCF − Capex
$-28.6M
FCF MarginFCF / Revenue
-61.1%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
3.67×
-7.26×
TTM Free Cash FlowTrailing 4 quarters
$-68.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DWSN
DWSN
FINW
FINW
Q4 25
$2.1M
$-28.4M
Q3 25
$-4.7M
$3.5M
Q2 25
$14.9M
$-18.3M
Q1 25
$1.8M
$-21.6M
Q4 24
$-5.4M
$-15.0M
Q3 24
$-9.8M
Q2 24
$5.9M
$-7.6M
Q1 24
$1.9M
$1.8M
Free Cash Flow
DWSN
DWSN
FINW
FINW
Q4 25
$-28.6M
Q3 25
$-10.2M
$3.4M
Q2 25
$-19.8M
Q1 25
$-23.3M
Q4 24
$-5.7M
$-16.1M
Q3 24
$-13.4M
Q2 24
$5.1M
$-7.7M
Q1 24
$1.2M
$568.0K
FCF Margin
DWSN
DWSN
FINW
FINW
Q4 25
-61.1%
Q3 25
-44.7%
9.4%
Q2 25
-79.0%
Q1 25
-105.3%
Q4 24
-36.7%
-76.0%
Q3 24
-64.3%
Q2 24
40.9%
-38.7%
Q1 24
3.8%
2.9%
Capex Intensity
DWSN
DWSN
FINW
FINW
Q4 25
0.5%
Q3 25
23.9%
0.1%
Q2 25
5.8%
Q1 25
7.4%
Q4 24
2.0%
5.1%
Q3 24
17.2%
Q2 24
6.4%
0.3%
Q1 24
2.2%
6.0%
Cash Conversion
DWSN
DWSN
FINW
FINW
Q4 25
3.67×
-7.26×
Q3 25
0.71×
Q2 25
-4.48×
Q1 25
1.77×
-6.78×
Q4 24
-5.37×
Q3 24
-2.84×
Q2 24
-2.39×
Q1 24
0.32×
0.53×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DWSN
DWSN

Fee Revenue$22.9M85%
Other$4.0M15%

FINW
FINW

Segment breakdown not available.

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