secwatch.observer — SEC 8-K summary
======================================

Issuer:     DocGo Inc. (DCGO)
CIK:        0001822359
Form:       8-K
Filed at:   2026-05-11T20:09:20+00:00
Accession:  0001822359-26-000020
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822359/000182235926000020/0001822359-26-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822359/000182235926000020/dcgo-20260511.htm
  HTML page:      https://secwatch.observer/filing/0001822359-26-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer