DocGo Q4 2025 revenue $74.9M, net loss $142.3M; raises 2026 guidance; exploring strategic alternatives

DocGo Inc.

Q4 2025 revenue $74.9M (down 38% YoY due to migrant wind-down); net loss $142.3M vs $7.6M loss in Q4 2024.
Full year 2025 revenue $322.2M (down from $616.6M); net loss $196.4M; adjusted EBITDA loss $28.6M.
Raises 2026 guidance: revenue $290-310M (prev $280-300M), adj EBITDA loss $5-10M (prev $15-25M loss).
Initiated formal process to explore strategic alternatives to maximize shareholder value.
'Healthcare at any address' revenue tripled to $12.8M in Q4; record volumes across medical transportation and mobile health.

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DocGo Inc. reported the fourth quarter and full year ended December 31, 2025 results: revenue $74.9 million, net income Net loss for the fourth quarter of 2025 was $142.3 million. Guidance raised.

Period: the fourth quarter and full year ended December 31, 2025
Revenue: $74.9 million
Net income: Net loss for the fourth quarter of 2025 was $142.3 million
Guidance: raised
Result: reported results

Exact text from the filing

and operating results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Financial Highlights • Total revenue for the fourth quarter of 2025 was $74.9 million, compared to $120.8 million in the fourth quarter of 2024. This decline was entirely due to the wind-down of migrant-related programs, which generated $7.4 million of revenue in

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Source: SEC EDGAR

accession 0001822359-26-000009

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