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

TAT TECHNOLOGIES LTD is the larger business by last-quarter revenue ($46.2M vs $26.9M, roughly 1.7× DAWSON GEOPHYSICAL CO). TAT TECHNOLOGIES LTD runs the higher net margin — 10.5% vs 2.1%, a 8.4% 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.

TAT Technologies Ltd. is a publicly traded company, headquartered in the United States, providing environmental control products and services for the commercial and military aviation industries. Its shares are traded on the NASDAQ Capital Market and on the Tel Aviv Stock Exchange.

DWSN vs TATT — Head-to-Head

Bigger by revenue
TATT
TATT
1.7× larger
TATT
$46.2M
$26.9M
DWSN
Higher net margin
TATT
TATT
8.4% more per $
TATT
10.5%
2.1%
DWSN

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DWSN
DWSN
TATT
TATT
Revenue
$26.9M
$46.2M
Net Profit
$569.0K
$4.8M
Gross Margin
19.7%
25.1%
Operating Margin
3.1%
11.4%
Net Margin
2.1%
10.5%
Revenue YoY
72.3%
Net Profit YoY
170.9%
EPS (diluted)
$0.03
$0.37

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
TATT
TATT
Q4 25
$26.9M
Q3 25
$22.7M
$46.2M
Q2 25
$9.9M
$43.1M
Q1 25
$16.1M
Q4 24
$15.6M
Q2 24
$12.5M
Q1 24
$31.6M
Q4 23
$24.3M
Net Profit
DWSN
DWSN
TATT
TATT
Q4 25
$569.0K
Q3 25
$-1.2M
$4.8M
Q2 25
$-2.3M
$3.4M
Q1 25
$992.0K
Q4 24
$-802.0K
Q2 24
$-3.5M
Q1 24
$5.8M
Q4 23
$-2.1M
Gross Margin
DWSN
DWSN
TATT
TATT
Q4 25
19.7%
Q3 25
10.1%
25.1%
Q2 25
11.5%
25.1%
Q1 25
26.7%
Q4 24
19.9%
Q2 24
1.0%
Q1 24
30.5%
Q4 23
22.4%
Operating Margin
DWSN
DWSN
TATT
TATT
Q4 25
3.1%
Q3 25
-5.2%
11.4%
Q2 25
-24.1%
10.3%
Q1 25
6.4%
Q4 24
-5.3%
Q2 24
-30.1%
Q1 24
18.4%
Q4 23
-8.4%
Net Margin
DWSN
DWSN
TATT
TATT
Q4 25
2.1%
Q3 25
-5.1%
10.5%
Q2 25
-23.8%
8.0%
Q1 25
6.2%
Q4 24
-5.1%
Q2 24
-28.3%
Q1 24
18.5%
Q4 23
-8.7%
EPS (diluted)
DWSN
DWSN
TATT
TATT
Q4 25
$0.03
Q3 25
$-0.04
$0.37
Q2 25
$-0.08
$0.30
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
TATT
TATT
Cash + ST InvestmentsLiquidity on hand
$5.3M
$47.1M
Total DebtLower is stronger
$11.3M
$9.9M
Stockholders' EquityBook value
$15.8M
$170.7M
Total Assets
$56.0M
$224.1M
Debt / EquityLower = less leverage
0.72×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DWSN
DWSN
TATT
TATT
Q4 25
$5.3M
Q3 25
$5.1M
$47.1M
Q2 25
$16.2M
$43.1M
Q1 25
$2.7M
Q4 24
$1.4M
Q2 24
$11.4M
Q1 24
$11.7M
Q4 23
$11.0M
Total Debt
DWSN
DWSN
TATT
TATT
Q4 25
$11.3M
Q3 25
$6.5M
$9.9M
Q2 25
$1.1M
$10.3M
Q1 25
$1.3M
Q4 24
$1.5M
Q2 24
$1.4M
Q1 24
$1.5M
Q4 23
$1.3M
Stockholders' Equity
DWSN
DWSN
TATT
TATT
Q4 25
$15.8M
Q3 25
$15.2M
$170.7M
Q2 25
$16.4M
$165.8M
Q1 25
$18.3M
Q4 24
$17.3M
Q2 24
$23.8M
Q1 24
$27.3M
Q4 23
$31.4M
Total Assets
DWSN
DWSN
TATT
TATT
Q4 25
$56.0M
Q3 25
$40.6M
$224.1M
Q2 25
$45.7M
$213.6M
Q1 25
$33.3M
Q4 24
$30.9M
Q2 24
$41.0M
Q1 24
$57.8M
Q4 23
$57.5M
Debt / Equity
DWSN
DWSN
TATT
TATT
Q4 25
0.72×
Q3 25
0.43×
0.06×
Q2 25
0.07×
0.06×
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
TATT
TATT
Operating Cash FlowLast quarter
$2.1M
$7.5M
Free Cash FlowOCF − Capex
$4.8M
FCF MarginFCF / Revenue
10.3%
Capex IntensityCapex / Revenue
5.9%
Cash ConversionOCF / Net Profit
3.67×
1.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DWSN
DWSN
TATT
TATT
Q4 25
$2.1M
Q3 25
$-4.7M
$7.5M
Q2 25
$14.9M
$6.9M
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
TATT
TATT
Q4 25
Q3 25
$-10.2M
$4.8M
Q2 25
$3.6M
Q1 25
Q4 24
$-5.7M
Q2 24
$5.1M
Q1 24
$1.2M
Q4 23
$-2.7M
FCF Margin
DWSN
DWSN
TATT
TATT
Q4 25
Q3 25
-44.7%
10.3%
Q2 25
8.5%
Q1 25
Q4 24
-36.7%
Q2 24
40.9%
Q1 24
3.8%
Q4 23
-11.3%
Capex Intensity
DWSN
DWSN
TATT
TATT
Q4 25
Q3 25
23.9%
5.9%
Q2 25
7.7%
Q1 25
Q4 24
2.0%
Q2 24
6.4%
Q1 24
2.2%
Q4 23
4.5%
Cash Conversion
DWSN
DWSN
TATT
TATT
Q4 25
3.67×
Q3 25
1.55×
Q2 25
2.02×
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%

TATT
TATT

Segment breakdown not available.

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