---
schema_version: "secwatch.filing_event.v1"
accession: "0001822359-25-000040"
form_type: "8-K"
ticker: "DCGO"
cik: "0001822359"
company_name: "DocGo Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T05:22:55.278031+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# DocGo Q1 revenue $96M (down 50% YoY); slashes 2025 guidance to $300-330M, expects negative adjusted EBITDA

## Summary
- 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.

## SEC filing metadata
- accession: 0001822359-25-000040
- form_type: 8-K
- ticker: DCGO
- cik: 0001822359
- company_name: DocGo Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822359/000182235925000040/0001822359-25-000040-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822359/000182235925000040/dcgo-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822359-25-000040
- JSON: https://secwatch.observer/filing/0001822359-25-000040.json
- Plain text: https://secwatch.observer/filing/0001822359-25-000040.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.