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DocGo Inc

docgo.com

DocGo Inc (NASDAQ: DCGO) is a healthcare services company that delivers mobile health and medical transportation services across all 50 U.S. states and the United Kingdom. Revenue comes from two operating segments: Mobile Health Services, which covers on-site clinical care, virtual care management, and care gap closure programs, and Transportation Services, which covers ambulance and patient transport. Customers include municipalities, hospital networks, health insurance payors, and government agencies. Government contracts represented a substantial portion of overall revenue in recent years, driven primarily by migrant-related services in New York City, though that work began winding down in mid-2024 and continued declining into FY2025. As of December 31, 2025, DocGo had been assigned over 1.45 million patients from seven insurance payors for care gap closure programs since inception. The company trades on Nasdaq under the ticker DCGO, has not paid cash dividends, and reported net interest expense of approximately $1.3 million for the year ended December 31, 2025.

Products & Services

Mobile health services including on-site clinical care, vaccines, bone density screenings, and virtual care management. Ambulance and medical transportation services. Care gap closure programs for health insurance payors. Proprietary technology platform supporting clinician connectivity and transport productivity.

Revenue Model

Transactional fee-for-service model across two segments: Mobile Health Services (mobile clinical visits, virtual care, care gap closure) and Transportation Services (ambulance and medical transport). Revenue is generated per service delivered to patients, with contracts structured through municipalities, hospital networks, insurance payors, and government agencies.

Customers & Markets

Municipalities, hospital networks, health insurance payors, and government agencies. Government contracts, including large migrant-related projects in New York City, represented a substantial portion of revenue in recent years but began winding down in 2024. Seven insurance payors had assigned over 1.45 million patients for care gap closure services as of December 31, 2025.

Geographic Exposure

All 50 U.S. states and the United Kingdom, as disclosed in the 10-K filed 2026-03-16.

Financial Snapshot

Revenue
TTM
$301.7M
Gross Margin
TTM
30.33%
Net Income
TTM
-$187.8M
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
178.93%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$111.2M
Cash
2026 Q1
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
$14.45M

Stock Price

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Market Cap: $50.98 Million

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