earnings
confidence high
sentiment negative
materiality 0.80
DocGo Q3 revenue $70.8M, net loss $29.7M; migrant wind-down drives decline
DocGo Inc.
2025-Q3 EPS
reported -$0.49
vs consensus -$0.12
▼ miss
(-315.3%)
- Revenue $70.8M (-49% YoY); ex-migrant rev $62.4M (+8%). Migrant rev fell to $8.4M from $80.7M.
- GAAP net loss $29.7M (incl $16.7M impairments) vs $4.5M income; adj EBITDA loss $7.2M vs $17.9M.
- Cash $95.2M vs $128.7M; repaid $30M line of credit; operating cash flow $1.7M.
- FY2025 rev guidance narrowed to $315-320M (incl $68-70M migrant); adj EBITDA loss $25-28M.
- FY2026 rev outlook $280-300M (zero migrant); adj EBITDA loss $15-25M; base biz growth 12-20%.