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Side-by-side financial comparison of DAWSON GEOPHYSICAL CO (DWSN) and KESTRA MEDICAL TECHNOLOGIES, LTD. (KMTS). Click either name above to swap in a different company.

DAWSON GEOPHYSICAL CO is the larger business by last-quarter revenue ($26.9M vs $22.6M, roughly 1.2× KESTRA MEDICAL TECHNOLOGIES, LTD.). DAWSON GEOPHYSICAL CO runs the higher net margin — 2.1% vs -145.3%, a 147.4% gap on every dollar of revenue.

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.

Kestra Medical Technologies, Ltd. is a medical device firm that develops, manufactures and commercializes innovative minimally invasive therapeutic solutions, mainly for interventional cardiology and structural heart disease treatment. It operates across North America, Europe and key Asia-Pacific markets, serving global healthcare providers and patients.

DWSN vs KMTS — Head-to-Head

Bigger by revenue
DWSN
DWSN
1.2× larger
DWSN
$26.9M
$22.6M
KMTS
Higher net margin
DWSN
DWSN
147.4% more per $
DWSN
2.1%
-145.3%
KMTS

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
DWSN
DWSN
KMTS
KMTS
Revenue
$26.9M
$22.6M
Net Profit
$569.0K
$-32.8M
Gross Margin
19.7%
50.6%
Operating Margin
3.1%
-140.7%
Net Margin
2.1%
-145.3%
Revenue YoY
72.3%
Net Profit YoY
170.9%
EPS (diluted)
$0.03
$-0.64

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
KMTS
KMTS
Q4 25
$26.9M
$22.6M
Q3 25
$22.7M
$19.4M
Q2 25
$9.9M
Q1 25
$16.1M
Q4 24
$15.6M
Q2 24
$12.5M
Q1 24
$31.6M
Q4 23
$24.3M
Net Profit
DWSN
DWSN
KMTS
KMTS
Q4 25
$569.0K
$-32.8M
Q3 25
$-1.2M
$-25.8M
Q2 25
$-2.3M
Q1 25
$992.0K
Q4 24
$-802.0K
Q2 24
$-3.5M
Q1 24
$5.8M
Q4 23
$-2.1M
Gross Margin
DWSN
DWSN
KMTS
KMTS
Q4 25
19.7%
50.6%
Q3 25
10.1%
45.7%
Q2 25
11.5%
Q1 25
26.7%
Q4 24
19.9%
Q2 24
1.0%
Q1 24
30.5%
Q4 23
22.4%
Operating Margin
DWSN
DWSN
KMTS
KMTS
Q4 25
3.1%
-140.7%
Q3 25
-5.2%
-149.1%
Q2 25
-24.1%
Q1 25
6.4%
Q4 24
-5.3%
Q2 24
-30.1%
Q1 24
18.4%
Q4 23
-8.4%
Net Margin
DWSN
DWSN
KMTS
KMTS
Q4 25
2.1%
-145.3%
Q3 25
-5.1%
-133.3%
Q2 25
-23.8%
Q1 25
6.2%
Q4 24
-5.1%
Q2 24
-28.3%
Q1 24
18.5%
Q4 23
-8.7%
EPS (diluted)
DWSN
DWSN
KMTS
KMTS
Q4 25
$0.03
$-0.64
Q3 25
$-0.04
$-0.50
Q2 25
$-0.08
Q1 25
$0.03
Q4 24
$-0.02
Q2 24
$-0.12
Q1 24
$0.19
Q4 23
$-0.05

Balance Sheet & Financial Strength

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

Metric
DWSN
DWSN
KMTS
KMTS
Cash + ST InvestmentsLiquidity on hand
$5.3M
$175.4M
Total DebtLower is stronger
$11.3M
Stockholders' EquityBook value
$15.8M
$164.1M
Total Assets
$56.0M
$246.7M
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DWSN
DWSN
KMTS
KMTS
Q4 25
$5.3M
$175.4M
Q3 25
$5.1M
$201.2M
Q2 25
$16.2M
Q1 25
$2.7M
Q4 24
$1.4M
Q2 24
$11.4M
Q1 24
$11.7M
Q4 23
$11.0M
Total Debt
DWSN
DWSN
KMTS
KMTS
Q4 25
$11.3M
Q3 25
$6.5M
Q2 25
$1.1M
Q1 25
$1.3M
Q4 24
$1.5M
Q2 24
$1.4M
Q1 24
$1.5M
Q4 23
$1.3M
Stockholders' Equity
DWSN
DWSN
KMTS
KMTS
Q4 25
$15.8M
$164.1M
Q3 25
$15.2M
$184.2M
Q2 25
$16.4M
Q1 25
$18.3M
Q4 24
$17.3M
Q2 24
$23.8M
Q1 24
$27.3M
Q4 23
$31.4M
Total Assets
DWSN
DWSN
KMTS
KMTS
Q4 25
$56.0M
$246.7M
Q3 25
$40.6M
$266.3M
Q2 25
$45.7M
Q1 25
$33.3M
Q4 24
$30.9M
Q2 24
$41.0M
Q1 24
$57.8M
Q4 23
$57.5M
Debt / Equity
DWSN
DWSN
KMTS
KMTS
Q4 25
0.72×
Q3 25
0.43×
Q2 25
0.07×
Q1 25
0.07×
Q4 24
0.09×
Q2 24
0.06×
Q1 24
0.06×
Q4 23
0.04×

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
KMTS
KMTS
Operating Cash FlowLast quarter
$2.1M
$-18.3M
Free Cash FlowOCF − Capex
$-25.6M
FCF MarginFCF / Revenue
-113.5%
Capex IntensityCapex / Revenue
32.2%
Cash ConversionOCF / Net Profit
3.67×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DWSN
DWSN
KMTS
KMTS
Q4 25
$2.1M
$-18.3M
Q3 25
$-4.7M
$-26.3M
Q2 25
$14.9M
Q1 25
$1.8M
Q4 24
$-5.4M
Q2 24
$5.9M
Q1 24
$1.9M
Q4 23
$-1.6M
Free Cash Flow
DWSN
DWSN
KMTS
KMTS
Q4 25
$-25.6M
Q3 25
$-10.2M
$-34.4M
Q2 25
Q1 25
Q4 24
$-5.7M
Q2 24
$5.1M
Q1 24
$1.2M
Q4 23
$-2.7M
FCF Margin
DWSN
DWSN
KMTS
KMTS
Q4 25
-113.5%
Q3 25
-44.7%
-177.8%
Q2 25
Q1 25
Q4 24
-36.7%
Q2 24
40.9%
Q1 24
3.8%
Q4 23
-11.3%
Capex Intensity
DWSN
DWSN
KMTS
KMTS
Q4 25
32.2%
Q3 25
23.9%
42.2%
Q2 25
Q1 25
Q4 24
2.0%
Q2 24
6.4%
Q1 24
2.2%
Q4 23
4.5%
Cash Conversion
DWSN
DWSN
KMTS
KMTS
Q4 25
3.67×
Q3 25
Q2 25
Q1 25
1.77×
Q4 24
Q2 24
Q1 24
0.32×
Q4 23

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%

KMTS
KMTS

Segment breakdown not available.

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