earnings
confidence high
sentiment negative
materiality 0.85
DocGo Q1 revenue $96M (down 50% YoY); slashes 2025 guidance to $300-330M, expects negative adjusted EBITDA
DocGo Inc.
2025-Q1 EPS reported
-$0.09
revenue$96,033,055
- Q1 2025 revenue $96.0M vs $192.1M YoY; net loss $11.1M vs net income $10.6M.
- Adjusted EBITDA loss $3.9M vs $24.1M YoY; GAAP gross margin 28.2% vs 32.8%.
- Full-year revenue guidance lowered to $300-330M (from $410-450M); adjusted EBITDA loss of $20-30M expected.
- Guidance revision driven by removal of all non-migrant Government Population Health revenue due to policy uncertainty.
- Cash $103.1M; repurchased 1.95M shares for $5.8M; expects positive cash flow from migrant receivables.