NASDAQ : DCGO
DocGo Inc. — Financial statements
Healthcare · Medical Care Facilities · United States
Last price 0.2469 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 24.43M
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Financial statements
DocGo Inc. (DCGO) reported revenue of 294.72M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 294.72M | 322.20M | 616.56M | 624.29M | 440.52M | 318.72M |
| Cost of Revenue | 205.94M | 223.44M | 402.98M | 428.91M | 285.79M | 208.97M |
| Gross Profit | 88.78M | 98.76M | 213.57M | 195.38M | 154.72M | 109.75M |
| Selling, General & Admin | 155.72M | 158.69M | 157.41M | 153.04M | 116.94M | 83.56M |
| Research & Development | 14.12M | 13.56M | 11.59M | 10.86M | 5.38M | 3.32M |
| Operating Expenses | 183.09M | 187.91M | 184.89M | 180.33M | 132.89M | 94.39M |
| Operating Income | -94.31M | -89.16M | 28.69M | 15.05M | 21.83M | 15.36M |
| Interest Expense | -1.16M | -1.97M | -2.94M | -959.57K | -677.26K | -763.03K |
| Interest & Investment Income | 586.09K | 730.50K | 1.01M | 2.44M | 1.44M | |
| Earnings From Equity Investments | -473.25K | -552.76K | -316.04K | -343.34K | 8.92K | -66.82K |
| Other Non Operating Income (Expenses) | 60.73K | -532.42K | 228.67K | 515.02K | 139.91K | 5.16M |
| EBT Excluding Unusual Items | -95.29M | -91.48M | 26.67M | 16.71M | 22.74M | 19.69M |
| Impairment of Goodwill | -58.23M | -58.23M | -2.92M | |||
| Gain (Loss) on Sale of Investments | -4.99M | -5.00M | ||||
| Gain (Loss) on Sale of Assets | -108.52K | -39.67K | 23.68K | -852.54K | -21.17K | -34.34K |
| Asset Writedown | -30.65M | -30.65M | -8.31M | |||
| Legal Settlements | -1.00M | |||||
| Other Unusual Items | -4.81M | -2.10M | 9.36M | 1.44M | 2.98M | 142.67K |
| Pretax Income | -189.40M | -187.50M | 27.75M | 16.29M | 22.78M | 19.80M |
| Income Tax Expense | 17.29M | 8.87M | 14.39M | 6.24M | -7.96M | 615.70K |
| Earnings From Continuing Operations | -206.69M | -196.37M | 13.36M | 10.05M | 30.74M | 19.18M |
| Minority Interest in Earnings | 14.27M | 13.97M | 6.63M | -3.19M | 3.84M | 4.56M |
| Net Income | -192.42M | -182.40M | 19.99M | 6.86M | 34.58M | 23.74M |
| Net Income to Common | -192.42M | -182.40M | 19.99M | 6.86M | 34.58M | 23.74M |
| Shares Outstanding (Basic) | 98.33M | 99.07M | 102.40M | 103.51M | 101.23M | 80.29M |
| Shares Outstanding (Diluted) | 98.33M | 99.07M | 109.42M | 105.62M | 102.98M | 94.86M |
| EPS (Basic) | -1.96 | -1.84 | 0.20 | 0.07 | 0.34 | 0.30 |
| EPS (Diluted) | -1.96 | -1.84 | 0.18 | 0.06 | 0.34 | 0.25 |
| Free Cash Flow | -25.83M | 29.91M | 66.50M | -71.81M | 25.67M | -6.76M |
| Free Cash Flow Per Share | -0.26 | 0.30 | 0.61 | -0.68 | 0.25 | -0.07 |
| Gross Margin | 30.12% | 30.65% | 34.64% | 31.30% | 35.12% | 34.43% |
| Operating Margin | -32.00% | -27.67% | 4.65% | 2.41% | 4.96% | 4.82% |
| Profit Margin | -65.29% | -56.61% | 3.24% | 1.10% | 7.85% | 7.45% |
| Free Cash Flow Margin | -8.77% | 9.28% | 10.79% | -11.50% | 5.83% | -2.12% |
| EBITDA | -81.05M | -73.50M | 44.57M | 31.49M | 32.40M | 22.43M |
| EBITDA Margin | -27.50% | -22.81% | 7.23% | 5.04% | 7.35% | 7.04% |
| D&A For EBITDA | 13.26M | 15.66M | 15.88M | 16.43M | 10.57M | 7.07M |
| EBIT | -94.31M | -89.16M | 28.69M | 15.05M | 21.83M | 15.36M |
| EBIT Margin | -32.00% | -27.67% | 4.65% | 2.41% | 4.96% | 4.82% |
| Effective Tax Rate | 51.85% | 38.33% | 3.11% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 25.23M | 51.02M | 89.24M | 59.29M | 157.34M | 175.54M |
| Cash & Short-Term Investments | 25.23M | 51.02M | 89.24M | 59.29M | 157.34M | 175.54M |
| Receivables | 86.22M | 92.89M | 210.90M | 262.08M | 103.00M | 78.38M |
| Prepaid Expenses | 4.40M | 4.79M | 4.01M | 17.50M | 6.27M | 2.11M |
| Other Current Assets | 3.94M | 3.70M | 338.67K | 4.48M | ||
| Total Current Assets | 119.80M | 152.40M | 304.49M | 338.87M | 271.08M | 256.03M |
| Property, Plant & Equipment | 38.73M | 43.50M | 42.18M | 38.42M | 39.37M | 26.24M |
| Long-Term Investments | 5.55M | 553.57K | 597.98K | 589.06K | ||
| Goodwill | 47.43M | 47.54M | 38.90M | 8.69M | ||
| Other Intangible Assets | 1.41M | 25.73M | 37.68M | 22.97M | 10.68M | |
| Long-Term Deferred Tax Assets | 561.90K | 538.86K | 8.42M | 11.89M | 9.96M | |
| Other Long-Term Assets | 26.32M | 20.67M | 21.83M | 15.50M | 10.40M | 7.38M |
| Total Assets | 186.82M | 217.10M | 455.62M | 490.45M | 393.28M | 309.60M |
| Accounts Payable | 14.02M | 11.11M | 28.36M | 19.83M | 21.58M | 15.83M |
| Accrued Expenses | 35.79M | 38.44M | 40.72M | 53.48M | 23.47M | 23.78M |
| Short-Term Debt | 30.00M | 25.00M | 25.88K | |||
| Current Portion of Long-Term Debt | 48.04K | 51.74K | 12.52K | 28.13K | 664.91K | 600.45K |
| Current Portion of Leases | 9.63M | 10.16M | 8.54M | 6.31M | 5.06M | 4.73M |
| Other Current Liabilities | 12.85M | 7.73M | 14.18M | 65.47M | 49.38M | 12.91M |
| Total Current Liabilities | 72.33M | 67.49M | 121.81M | 170.12M | 100.16M | 57.88M |
| Long-Term Debt | 159.34K | 183.84K | 5.21K | 41.59K | 1.24M | 1.30M |
| Long-Term Leases | 16.07M | 18.78M | 18.63M | 15.12M | 12.96M | 9.85M |
| Other Long-Term Liabilities | 2.48M | 4.78M | 13.52M | |||
| Total Liabilities | 91.04M | 91.23M | 140.44M | 185.28M | 114.35M | 82.55M |
| Common Stock | 9.89K | 9.86K | 10.19K | 10.41K | 10.24K | 10.01K |
| Additional Paid-In Capital | 331.26M | 325.42M | 321.09M | 320.69M | 301.45M | 283.16M |
| Retained Earnings | -214.39M | -183.80M | -1.40M | -21.39M | -28.97M | -63.56M |
| Comprehensive Income & Other | 2.17M | 2.39M | 1.22M | 1.48M | 741.21K | -32.50K |
| Total Common Equity | 119.05M | 144.01M | 320.92M | 300.79M | 273.23M | 219.58M |
| Minority Interest | -23.27M | -18.14M | -5.74M | 4.38M | 5.70M | 7.48M |
| Shareholders' Equity | 95.78M | 125.87M | 315.18M | 305.17M | 278.93M | 227.06M |
| Total Liabilities & Equity | 186.82M | 217.10M | 455.62M | 490.45M | 393.28M | 309.60M |
| Total Debt | 25.91M | 29.18M | 57.19M | 46.50M | 19.91M | 16.51M |
| Net Cash (Debt) | -672.81K | 21.84M | 32.05M | 12.79M | 137.42M | 159.03M |
| Net Cash Per Share | -0.01 | 0.22 | 0.29 | 0.12 | 1.33 | 1.68 |
| Filing Date Shares Outstanding | 98.93M | 98.75M | 101.98M | 104.17M | 102.51M | 100.17M |
| Total Common Shares Outstanding | 98.86M | 98.64M | 101.91M | 104.06M | 102.41M | 100.13M |
| Working Capital | 47.46M | 84.91M | 182.68M | 168.75M | 170.92M | 198.16M |
| Book Value Per Share | 1.20 | 1.46 | 3.15 | 2.89 | 2.67 | 2.19 |
| Tangible Book Value | 117.64M | 144.01M | 247.76M | 215.57M | 211.36M | 200.22M |
| Tangible Book Value Per Share | 1.19 | 1.46 | 2.43 | 2.07 | 2.06 | 2.00 |
| Land | 37.80K | 37.80K | 37.80K | 37.80K | 37.80K | 37.80K |
| Buildings | 527.28K | 527.28K | 527.28K | 527.28K | 527.28K | 527.28K |
| Machinery | 33.52M | 33.48M | 30.80M | 28.24M | 28.64M | 19.70M |
| Leasehold Improvements | 2.35M | 2.27M | 1.24M | 709.62K | 579.66K | 616.45K |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -192.42M | -182.40M | 19.99M | 6.86M | 34.58M | 23.74M |
| Depreciation & Amortization | 13.26M | 15.66M | 15.88M | 16.43M | 10.57M | 7.07M |
| Loss (Gain) From Sale of Assets | 108.52K | 39.67K | -23.68K | 922.83K | 21.17K | 34.34K |
| Asset Writedown & Restructuring Costs | 88.88M | 88.88M | 8.31M | 2.92M | ||
| Loss (Gain) From Sale of Investments | 5.00M | 5.00M | ||||
| Loss (Gain) on Equity Investments | 473.25K | 552.76K | 316.04K | 343.34K | -8.92K | 66.82K |
| Stock-Based Compensation | 13.67M | 17.44M | 13.63M | 20.97M | 8.05M | 1.38M |
| Provision & Write-off of Bad Debts | 12.40M | 12.05M | 5.24M | 3.60M | 3.82M | 4.47M |
| Other Operating Activities | 6.78M | -4.43M | -12.52M | -228.31K | -17.91M | -9.91M |
| Change in Accounts Receivable | 30.14M | 112.50M | 41.27M | -160.52M | -8.42M | -58.00M |
| Change in Accounts Payable | 3.42M | -17.64M | 8.31M | -2.05M | 3.64M | 11.88M |
| Change in Other Net Operating Assets | -4.41M | -13.19M | -30.29M | 49.18M | -8.40M | 17.31M |
| Operating Cash Flow | -22.71M | 34.45M | 70.12M | -64.49M | 28.87M | -1.95M |
| Capital Expenditures | -3.12M | -4.54M | -3.61M | -7.31M | -3.20M | -4.81M |
| Sale of Property, Plant & Equipment | 69.40K | 202.17K | 274.43K | 747.09K | 3.00K | 74.74K |
| Cash Acquisitions | -12.75M | -16.39M | -20.20M | -32.95M | -1.30M | |
| Sale (Purchase) of Intangibles | -2.81M | -2.89M | -2.00M | -2.54M | -2.30M | -1.85M |
| Investment in Securities | -4.78K | -4.78K | -5.31M | -298.93K | -655.88K | |
| Other Investing Activities | 4.42M | -15.45M | -50.50K | |||
| Investing Cash Flow | -14.19M | -39.08M | -10.65M | -29.61M | -38.45M | -8.59M |
| Short-Term Debt Issued | 45.00M | 25.00M | 8.00M | |||
| Long-Term Debt Issued | 258.70K | |||||
| Total Debt Issued | 258.70K | 258.70K | 45.00M | 25.00M | 8.00M | |
| Short-Term Debt Repaid | -30.00M | -40.00M | -25.88K | -8.00M | ||
| Long-Term Debt Repaid | -5.43M | -4.39M | -4.30M | -3.91M | -2.82M | |
| Total Debt Repaid | -35.70M | -35.43M | -44.39M | -4.30M | -3.94M | -10.82M |
| Net Debt Issued (Repaid) | -35.44M | -35.17M | 613.55K | 20.70M | -3.94M | -2.82M |
| Issuance of Common Stock | 26.33K | 1.58M | 1.98M | 178.73M | ||
| Repurchase of Common Stock | -509.43K | -12.64M | -14.93M | -2.31M | -3.73M | |
| Other Financing Activities | -3.09M | -3.01M | -9.87M | -18.86M | -492.09K | -20.70M |
| Financing Cash Flow | -39.04M | -50.82M | -24.15M | 1.12M | -6.18M | 155.21M |
| Foreign Exchange Rate Adjustments | -441.80K | 595.80K | -190.64K | 1.09M | 761.23K | -21.41K |
| Net Cash Flow | -76.38M | -54.85M | 35.12M | -91.89M | -15.00M | 144.65M |
| Free Cash Flow | -25.83M | 29.91M | 66.50M | -71.81M | 25.67M | -6.76M |
| Free Cash Flow Margin | -8.77% | 9.28% | 10.79% | -11.50% | 5.83% | -2.12% |
| Free Cash Flow Per Share | -0.26 | 0.30 | 0.61 | -0.68 | 0.25 | -0.07 |
| Levered Free Cash Flow | 1.74M | 56.60M | 48.81M | -85.13M | 35.01M | -10.40M |
| Unlevered Free Cash Flow | 2.47M | 57.83M | 50.64M | -84.53M | 35.44M | -9.92M |
| Cash Interest Paid | 1.79M | 2.67M | 2.91M | 850.34K | 756.60K | 840.75K |
| Cash Income Tax Paid | 558.54K | 6.48M | 5.88M | 10.28M | 1.51M | 615.70K |
| Change in Working Capital | 29.16M | 81.66M | 19.29M | -113.39M | -13.18M | -28.80M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 24.43M | 85.86M | 432.69M | 580.78M | 724.05M | 935.65M |
| Enterprise Value | 25.10M | 32.10M | 399.91M | 552.97M | 581.63M | 930.26M |
| Last Close Price | 0.25 | 0.88 | 4.24 | 5.59 | 7.07 | 9.35 |
| PE Ratio | 21.64 | 84.68 | 20.94 | 39.41 | ||
| Forward PE | 57.40 | 49.31 | 14.78 | 27.00 | 89.09 | |
| PS Ratio | 0.08 | 0.27 | 0.70 | 0.93 | 1.64 | 2.94 |
| PB Ratio | 0.21 | 0.68 | 1.37 | 1.90 | 2.60 | 4.12 |
| P/TBV Ratio | 0.21 | 0.60 | 1.75 | 2.69 | 3.43 | 4.67 |
| P/FCF Ratio | 2.87 | 6.51 | 28.20 | |||
| P/OCF Ratio | 2.49 | 6.17 | 25.08 | |||
| PEG Ratio | 12.94 | 11.11 | 0.49 | 1.31 | ||
| EV/Sales Ratio | 0.09 | 0.10 | 0.65 | 0.89 | 1.32 | 2.92 |
| EV/EBITDA Ratio | 8.97 | 17.56 | 17.95 | 41.48 | ||
| EV/EBIT Ratio | 13.94 | 36.73 | 26.64 | 60.58 | ||
| EV/FCF Ratio | 1.07 | 6.01 | 22.66 | |||
| Debt / Equity Ratio | 0.27 | 0.23 | 0.18 | 0.15 | 0.07 | 0.07 |
| Debt / EBITDA Ratio | 1.12 | 1.27 | 0.55 | 0.65 | ||
| Debt / FCF Ratio | 0.98 | 0.86 | 0.78 | |||
| Net Debt / Equity Ratio | 0.01 | -0.17 | -0.10 | -0.04 | -0.49 | -0.70 |
| Net Debt / EBITDA Ratio | -0.01 | 0.30 | -0.72 | -0.41 | -4.24 | -7.09 |
| Net Debt / FCF Ratio | -0.03 | -0.73 | -0.48 | 0.18 | -5.35 | 23.54 |
| Asset Turnover | 0.99 | 0.96 | 1.30 | 1.41 | 1.25 | 1.56 |
| Quick Ratio | 1.54 | 2.13 | 2.46 | 1.89 | 2.60 | 4.39 |
| Current Ratio | 1.66 | 2.26 | 2.50 | 1.99 | 2.71 | 4.42 |
| Return on Equity (ROE) | -107.79% | -89.05% | 4.31% | 3.44% | 12.15% | 13.05% |
| Return on Assets (ROA) | -19.81% | -16.57% | 3.79% | 2.13% | 3.88% | 4.69% |
| Return on Invested Capital (ROIC) | -94.08% | -46.06% | 4.80% | 4.28% | 20.84% | 25.55% |
| Return on Capital Employed (ROCE) | -82.40% | -59.60% | 8.60% | 4.70% | 7.40% | 6.10% |
| Earnings Yield | -792.61% | -212.44% | 4.62% | 1.18% | 4.78% | 2.54% |
| FCF Yield | -105.76% | 34.83% | 15.37% | -12.36% | 3.55% | -0.72% |
| Buyback Yield / Dilution | 2.75% | 9.46% | -3.60% | -2.57% | -8.55% | -62.52% |