DocGo Q2 revenue halved to $80.4M from migrant wind-down; net loss $13.3M

DocGo Inc.

2025-Q2 EPS reported -$0.21 vs consensus -$0.10 ▼ miss (-118.3%)

Revenue $80.4M vs $164.9M YoY due to planned migrant program wind-down; net loss $13.3M vs net income $5.9M.
Adjusted EBITDA loss $6.1M vs positive $17.2M in Q2 2024.
Cash and investments $128.7M (up $25.6M QoQ); subsequent $30M debt paydown brings credit line to zero.
Mobile Health revenue $30.8M (-74% YoY); Transportation $49.6M (+3% YoY).
FY2025 guidance reiterated: revenue $300-330M, adj. EBITDA loss $20-30M.

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