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MARKETS / NASDAQ / DCGO
NASDAQ · SERVICES-HEALTH SERVICES · MID CAP

DocGo Inc. DCGO

6 fiscal years on record · USD · FY2025 reported · SEC filings only
$322.2M
▼ 47.7% YoY
$-182.4M
▼ 1012.4% YoY
$29.9M
▼ 55.0% YoY
In brief

What this company does

DocGo Inc. operates a care delivery platform that provides mobile health services, virtual care management and ambulance services. The company's technology platform, network of health professionals and fleet of medical response vehicles provide services in all 50 states and the United Kingdom. As of December 31, 2025, the company had nearly 3,600 employees, including healthcare professionals, field management personnel and corporate support staff. DocGo has three reporting segments: Mobile Health Services, Transportation Services and Corporate. In fiscal year 2025, the Mobile Health Services segment accounted for approximately 38% of the company's revenues. Its Transportation Services segment offers digitally-enabled medical transportation solutions under the Ambulnz brand. As of December 31, 2025, the Transportation Services segment had 582 vehicles in service in the United States and another 288 in the United Kingdom, and it generated approximately 62% of the company's revenues for fiscal year 2025. The company was formed through a business combination completed on November 5, 2021, when it was known as Motion Acquisition Corp., and it changed its name to DocGo Inc. upon the closing of that combination.

Written from the business description in DocGo Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 16 March 2026. Every sentence was checked against that document before publication.

Growth
USD 322.2M
Revenue, FY2025 · full 6-year series below
Revenue $M Net income $M
FY2025 · Revenue 322.2 · Net income -182.4
250.0M500.0M-80.0M-160.0M202020212022202320242025
Compound annual growth
−9.9%
+27.9%
+83.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +27.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−61 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -55.3% · Net -60.9%
2%4%6%-20%-40%-60%202020212022202320242025
ROE
FY2025 · ROE -78.5%
5%10%15%-20%-40%-60%202020212022202320242025

Each USD of equity lost 78 cents this year.

Cash & shareholders
USD 10.8M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 29.9
25.0M50.0M-25.0M-50.0M202020212022202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends — · Net buybacks 10.8
-80M-160M20212022202320242025

USD 10.8M in buybacks went back to shareholders in a year without profit.

Total assetsUSD 217.1M
EquityUSD 144.0M
CashUSD 51.0M
Gross debtUSD 235,583.00
Net debtUSD -50.8M
Current ratio2.26×

The company holds more cash than debt.

The 6-year record
6 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 202520242023202220212020
Revenue $B0.30.60.60.40.30.1
Operating income $B−0.20.00.00.00.0−0.0
EBITDA $B−0.20.00.00.00.0−0.0
Income tax $B0.00.00.0−0.00.00.0
Net income $B−0.20.00.00.00.0−0.0
Free cash flow $B0.00.1−0.10.0−0.0−0.0
EPS, diluted $−1.840.180.060.340.25−0.25
Dividend / sh $······
Payout %······
ROE %−78.56.42.414.017.3−26.9
Shares out B0.100.100.100.100.100.08

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 25 reconciliationsAUDITED

Reconciled in 7 of 19 fiscal years. 68 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Health Services
Listed onNASDAQ
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2019

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