secwatch.observer — SEC 8-K summary
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Issuer:     DocGo Inc. (DCGO)
CIK:        0001822359
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001822359-25-000017
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DocGo Q4 revenue $120.8M, net loss $7.6M; FY 2025 EBITDA margin guidance cut to ~5%
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- Q4 2024 revenue $120.8M, down from $199.2M Q4 2023 on migrant wind-down; net loss $7.6M vs net income $8.0M.
- Full-year 2024 revenue $616.6M (down 1.2% YoY), net income $13.4M, adjusted EBITDA $60.3M (up from $54.0M).
- 2025 revenue guidance unchanged at $410-450M; adjusted EBITDA margin guidance cut to ~5% from previous 8-10%.
- Migrant program wind-down reduced Q4 revenue by ~$9M and EBITDA by $5.3M; increased loss reserves cut EBITDA by $3.2M.
- Surpassed 700,000 patient lives assigned for care gap closure programs; Q4 NPS of 86 for these programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822359/000182235925000017/0001822359-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822359/000182235925000017/dcgo-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001822359-25-000017

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