DocGo Inc. (DCGO) Financial Statements
Industry: Health Services (Services)
In fiscal 2025, DocGo reported revenue of $322.2M, down 47.7% from $616.6M the year before. Net income was -$182.4M (a -56.6% net margin), or -$1.84 per diluted share. Gross margin was 2.2% and operating margin was -55.3%. Operating activities generated $34.5M of cash, leaving $29.9M of free cash flow. At fiscal year end, DocGo held $217.1M in total assets against $91.2M in total liabilities, including $51.0M of cash and equivalents.
Open the full interactive DocGo financials → Quarterly statements, key ratios, valuation history and price charts.
DocGo Key Stats
| Share Price | $0.31 |
|---|---|
| Market Cap | $30.1M |
| Revenue YoY Growth | -47.7% |
| 52-Week Range | $0.31 – $1.49 |
| Shares Outstanding | 98.8 million (basic, 2026 Q2) |
DocGo Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $318.7M | $440.5M | $624.3M | $616.6M | $322.2M |
| Cost of Goods Sold | — | — | — | $445.2M | $315.2M |
| Gross Profit | — | -$83.4M | — | $171.3M | $7.0M |
| Operating Income | $15.4M | $21.8M | $15.1M | $28.7M | -$178.0M |
| Pre-Tax Income | $19.8M | $22.8M | $16.3M | $27.7M | -$187.5M |
| Income Tax | $615,697 | -$8.0M | $6.4M | $14.4M | $8.9M |
| Net Income | $19.2M | $34.6M | $6.9M | $20.0M | -$182.4M |
| Diluted EPS | $0.25 | $0.34 | $0.06 | $0.18 | -$1.84 |
DocGo Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $70.8M | $74.9M | $75.6M | $73.4M |
| Net Income | -$27.8M | -$134.1M | -$14.8M | -$15.8M |
| Diluted EPS | -$0.28 | -$1.35 | -$0.15 | -$0.16 |
DocGo Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $175.5M | — | $59.3M | $89.2M | $51.0M |
| Current Assets | $256.0M | $4.5M | $338.9M | $304.5M | $152.4M |
| Total Assets | $309.6M | $22.4M | $490.5M | $455.6M | $217.1M |
| Current Liabilities | $57.9M | $63.9M | $170.1M | $121.8M | $67.5M |
| Total Long-Term Debt | $2.5M | $2.6M | $69,717 | $17,730 | $235,583 |
| Total Liabilities | $82.5M | $63.9M | $185.3M | $140.4M | $91.2M |
| Shareholders' Equity | $219.6M | -$41.4M | $300.8M | $320.9M | $144.0M |
DocGo Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | -$1.9M | $28.9M | -$64.2M | $70.3M | $34.5M |
| Cash From Investing | -$8.6M | -$38.4M | -$29.9M | -$10.9M | -$39.1M |
| Cash From Financing | $155.2M | -$6.2M | $1.1M | -$24.2M | -$50.8M |
| Free Cash Flow | -$6.8M | $25.7M | -$71.8M | $66.5M | $29.9M |
Figures from DocGo's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full DocGo financials page for every line item.
DocGo Company Profile
| Ticker | DCGO |
|---|---|
| Exchange | Nasdaq |
| Industry | Health Services (Services) |
| Headquarters | New York, New York |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001822359 |
Frequently Asked Questions
What was DocGo's revenue in fiscal 2025?
DocGo (DCGO) reported revenue of $322.2M for fiscal 2025.
What is DocGo's annual revenue history?
DocGo's annual revenue by fiscal year: 2021: $318.7M; 2022: $440.5M; 2023: $624.3M; 2024: $616.6M; 2025: $322.2M.
What was DocGo's net income in fiscal 2025?
DocGo reported net income of -$182.4M for fiscal 2025.
What was DocGo's earnings per share (EPS) in fiscal 2025?
DocGo's diluted EPS was -$1.84 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did DocGo generate in fiscal 2025?
DocGo generated $29.9M of free cash flow in fiscal 2025.
What was DocGo's revenue last quarter?
In its most recent reported quarter (2026 Q2), DocGo reported revenue of $73.4M.
How much debt does DocGo have?
DocGo reported $235,583 of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of DocGo are outstanding?
DocGo reported a weighted average of 98.8 million basic shares outstanding in 2026 Q2.
What is DocGo's market cap?
Based on its latest closing price, DocGo (DCGO) has a market capitalization of about $30.1M.
When does DocGo's fiscal year end?
DocGo's fiscal year end, as registered with the SEC, is December 31.
Where is DocGo headquartered?
DocGo lists its business address in New York, New York in its SEC filings.