secwatch.observer — SEC 8-K summary
======================================

Issuer:     DocGo Inc. (DCGO)
CIK:        0001822359
Form:       8-K
Filed at:   2025-11-10T23:59:59+00:00
Accession:  0001628280-25-051026
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocGo Q3 revenue $70.8M, net loss $29.7M; migrant wind-down drives decline
--------------------------------------------------------------------------

- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822359/000162828025051026/0001628280-25-051026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822359/000162828025051026/dcgo-20251110.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-051026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer