DocGo Q1 revenue $75.6M (down 21% YoY) as migrant programs end; raises FY rev guidance to $300-315M

DocGo Inc.

2026-Q1 EPS reported -$0.15 vs consensus -$0.10 ▼ miss (-57.6%)

Total revenue $75.6M vs $96.0M YoY; migrant-related revenue zero vs $35M. Ex-migrant revenue up 19.3% to $75.6M.
GAAP net loss ($16.7M) vs ($11.1M); adjusted EBITDA loss ($10.2M) vs ($3.9M). Adjusted gross margin 31.6% vs 32.1%.
Mobile Health Services revenue $23.6M (ex-migrant up 131%); Medical Transportation $51.9M (+2.2%).
Cash $59.9M at Mar 31 vs $68.3M at Dec 31, 2025. Company raised FY2026 revenue guidance to $300-315M from $290-310M.
Achieved record volumes across major lines; SteadyMD signed virtual care contract with leading online pharmacy.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

DocGo Inc. reported the first quarter ended March 31, 2026 results: revenue $75.6 million, net income ($16.7) million. Guidance raised.

Period: the first quarter ended March 31, 2026
Revenue: $75.6 million
Net income: ($16.7) million
Guidance: raised
Result: reported results

Exact text from the filing

announced financial and operating results for the first quarter ended March 31, 2026. First Quarter 2026 Financial Highlights • Total revenue for the first quarter of 2026 was $75.6 million, compared to $96.0 million in the first quarter of 2025. This decline was entirely due to the wind-down of migrant-related programs, which generated zero revenue in the first

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Source: SEC EDGAR

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