DOCGO INC Financials

DCGO

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Key Financial Metrics

Revenue

$616.6M

YoY-1.2%

DOCGO INC generated $616.6M in revenue in fiscal year 2024. This represents a decrease of 1.2% from the prior year.

EBITDA

$44.6M

YoY+41.6%

DOCGO INC's EBITDA was $44.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 41.6% from the prior year.

Free Cash Flow

$66.5M

YoY+192.6%

DOCGO INC generated $66.5M in free cash flow in fiscal year 2024, representing cash available after capital expenditures. This represents an increase of 192.6% from the prior year.

Net Income

$13.4M

YoY+33.0%

DOCGO INC reported $13.4M in net income in fiscal year 2024. This represents an increase of 33.0% from the prior year.

EPS (Diluted)

$0.18

YoY+200.0%

DOCGO INC earned $0.18 per diluted share in fiscal year 2024. This represents an increase of 200.0% from the prior year.

Cash & Debt

$89.2M

YoY+50.5%

DOCGO INC held $89.2M in cash against $5K in long-term debt as of fiscal year 2024.

Dividends Per Share

N/A

Shares Outstanding

102M

YoY-2.1%

DOCGO INC had 102M shares outstanding in fiscal year 2024. This represents a decrease of 2.1% from the prior year.

Gross Margin

N/A

Operating Margin

4.7%

YoY+2.2pp

DOCGO INC's operating margin was 4.7% in fiscal year 2024, reflecting core business profitability. This is up 2.2 percentage points from the prior year.

Net Margin

2.2%

YoY+0.6pp

DOCGO INC's net profit margin was 2.2% in fiscal year 2024, showing the share of revenue converted to profit. This is up 0.6 percentage points from the prior year.

Return on Equity

4.2%

YoY+0.9pp

DOCGO INC's return on equity was 4.2% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 0.9 percentage points from the prior year.

R&D Spending

$11.6M

YoY+6.7%

DOCGO INC invested $11.6M in research and development in fiscal year 2024. This represents an increase of 6.7% from the prior year.

Share Buybacks

$13.8M

DOCGO INC spent $13.8M on share buybacks in fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

Capital Expenditures

$3.8M

YoY-49.4%

DOCGO INC invested $3.8M in capital expenditures in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 49.4% from the prior year.

DCGO Income Statement

Metric	FY24	FY24	FY24	FY23	FY21
Revenue	$616.6M-1.2%	$624.3M+41.7%	$440.5M+38.2%	$318.7M+238.7%	$94.1M
Cost of Revenue	N/A	N/A	$523.9M+16.0%	$451.7M	N/A
Gross Profit	N/A	N/A	-$83.4M+37.3%	-$133.0M	N/A
R&D Expenses	$11.6M+6.7%	$10.9M+101.7%	$5.4M+62.2%	$3.3M+179.1%	$1.2M
SG&A Expenses	$138.8M+1.2%	$137.2M+32.6%	$103.4M+38.1%	$74.9M+114.5%	$34.9M
Operating Income	$28.7M+90.6%	$15.1M-31.0%	$21.8M+42.2%	$15.4M+204.1%	-$14.8M
Interest Expense	N/A	$1.7M+120.9%	$763K+200.0%	-$763K-4914.7%	$16K
Income Tax	$14.4M+126.4%	$6.4M+179.8%	-$8.0M-1393.1%	$616K+267.7%	$167K
Net Income	$13.4M+33.0%	$10.0M-67.3%	$30.7M+60.3%	$19.2M+229.6%	-$14.8M
EPS (Diluted)	$0.18+200.0%	$0.06-82.4%	$0.34+36.0%	$0.25+200.0%	$-0.25

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Revenue	$70.8M-11.9%	$80.4M-16.3%	$96.0M	N/A	$138.7M-15.9%	$164.9M-14.1%	$192.1M	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$3.2M+8.0%	$3.0M-18.7%	$3.6M	N/A	$3.1M+32.8%	$2.4M-0.8%	$2.4M	N/A
SG&A Expenses	$30.1M-3.7%	$31.2M-5.0%	$32.9M	N/A	$28.8M-17.2%	$34.8M-13.5%	$40.2M	N/A
Operating Income	-$42.0M-140.1%	-$17.5M-24.9%	-$14.0M	N/A	$10.1M-0.1%	$10.1M-36.1%	$15.9M	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	-$369K	N/A
Income Tax	-$13.5M-192.0%	-$4.6M-24.3%	-$3.7M	N/A	$4.5M+21.0%	$3.7M-27.5%	$5.1M	N/A
Net Income	-$27.8M-148.9%	-$11.2M-18.6%	-$9.4M	N/A	$5.5M-15.8%	$6.5M-41.8%	$11.2M	N/A
EPS (Diluted)	$-0.28-154.5%	$-0.11-22.2%	$-0.09	N/A	$0.05-16.7%	$0.06-40.0%	$0.10	N/A

DCGO Balance Sheet

Metric	FY24	FY24	FY24	FY23	FY21
Total Assets	$455.6M-7.1%	$490.5M+24.7%	$393.3M+27.0%	$309.6M+209.1%	$100.2M
Current Assets	$304.5M-10.1%	$338.9M+25.0%	$271.1M+5.9%	$256.0M+338.2%	$58.4M
Cash & Equivalents	$89.2M+50.5%	$59.3M-62.3%	$157.3M-10.4%	$175.5M+37649.9%	$465K
Inventory	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	$103.0M+31.4%	$78.4M+215.4%	$24.9M
Goodwill	$47.4M-0.2%	$47.5M+22.2%	$38.9M+347.8%	$8.7M+31.4%	$6.6M
Total Liabilities	$140.4M-24.2%	$185.3M+62.0%	$114.4M+38.5%	$82.5M+148.4%	$33.2M
Current Liabilities	$121.8M-28.4%	$170.1M+69.8%	$100.2M+73.1%	$57.9M+146.3%	$23.5M
Long-Term Debt	$5K-87.5%	$42K	N/A	N/A	$143K
Total Equity	$320.9M+5.2%	$305.2M+9.4%	$278.9M+22.8%	$227.1M+239.2%	$66.9M
Retained Earnings	-$1.4M+93.4%	-$21.4M+26.2%	-$29.0M+54.4%	-$63.6M+27.2%	-$87.3M

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Total Assets	$353.8M-13.3%	$408.3M-5.2%	$430.8M-5.4%	$455.6M-7.7%	$493.9M+1.2%	$488.2M-0.5%	$490.7M0.0%	$490.5M
Current Assets	$190.2M-19.6%	$236.6M-9.9%	$262.5M-13.8%	$304.5M-7.3%	$328.3M-0.1%	$328.7M-1.9%	$335.1M-1.1%	$338.9M
Cash & Equivalents	$73.4M-29.6%	$104.2M+31.8%	$79.0M-11.5%	$89.2M-0.2%	$89.5M+35.4%	$66.1M+60.2%	$41.2M-30.4%	$59.3M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$41.1M-17.7%	$50.0M+0.8%	$49.6M+4.5%	$47.4M-0.9%	$47.9M+0.8%	$47.5M0.0%	$47.5M-0.1%	$47.5M
Total Liabilities	$93.1M-22.7%	$120.5M-6.5%	$128.9M-8.2%	$140.4M-16.9%	$169.0M-0.7%	$170.2M-3.1%	$175.6M-5.2%	$185.3M
Current Liabilities	$73.6M-26.5%	$100.1M-6.9%	$107.6M-11.7%	$121.8M-18.9%	$150.2M-2.5%	$154.1M-3.8%	$160.1M-5.9%	$170.1M
Long-Term Debt	$196K	$0-100.0%	$2K-58.7%	$5K-75.6%	$21K-21.9%	$27K-19.0%	$34K-18.9%	$42K
Total Equity	$270.5M-6.0%	$287.7M-4.7%	$301.9M-5.9%	$320.9M-1.2%	$324.9M+2.2%	$318.0M+0.9%	$315.1M+3.2%	$305.2M
Retained Earnings	-$49.7M-126.4%	-$22.0M-103.2%	-$10.8M-670.8%	-$1.4M-175.4%	$1.9M+151.2%	-$3.6M+64.2%	-$10.2M+52.5%	-$21.4M

DCGO Cash Flow Statement

Metric	FY24	FY24	FY24	FY23	FY21
Operating Cash Flow	$70.3M+209.5%	-$64.2M-322.5%	$28.9M+1582.5%	-$1.9M+81.7%	-$10.7M
Capital Expenditures	$3.8M-49.4%	$7.6M+137.1%	$3.2M-33.5%	$4.8M+10.2%	$4.4M
Free Cash Flow	$66.5M+192.6%	-$71.8M-379.7%	$25.7M+480.0%	-$6.8M+55.0%	-$15.0M
Investing Cash Flow	-$10.9M+63.6%	-$29.9M+22.3%	-$38.4M-347.6%	-$8.6M-42.2%	-$6.0M
Financing Cash Flow	-$24.2M-2259.2%	$1.1M+118.1%	-$6.2M-104.0%	$155.2M+19211.9%	-$812K
Dividends Paid	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$13.8M	$0-100.0%	$3.7M	$0	N/A

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Operating Cash Flow	N/A	N/A	$9.7M	N/A	N/A	N/A	-$10.6M	N/A
Capital Expenditures	N/A	N/A	$1.5M	N/A	$4.2M-12.2%	$4.8M+406.3%	$952K	N/A
Free Cash Flow	N/A	N/A	$8.2M	N/A	N/A	N/A	-$11.6M	N/A
Investing Cash Flow	N/A	N/A	-$5.7M	N/A	N/A	N/A	-$1.7M	N/A
Financing Cash Flow	N/A	N/A	-$8.5M	N/A	N/A	N/A	-$882K	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	$5.8M	N/A	N/A	N/A	$4.9M	N/A

DCGO Financial Ratios

Metric	FY24	FY24	FY24	FY23	FY21
Gross Margin	N/A	N/A	-18.9%+22.8pp	-41.7%	N/A
Operating Margin	4.7%+2.2pp	2.4%-2.5pp	5.0%+0.1pp	4.8%+20.5pp	-15.7%
Net Margin	2.2%+0.6pp	1.6%-5.4pp	7.0%+1.0pp	6.0%+21.8pp	-15.7%
Return on Equity	4.2%+0.9pp	3.3%-7.7pp	11.0%+2.6pp	8.5%	N/A
Return on Assets	2.9%+0.9pp	2.1%-5.8pp	7.8%+1.6pp	6.2%+21.0pp	-14.8%
Current Ratio	2.50+0.5	1.99-0.7	2.71-1.7	4.42+1.9	2.49
Debt-to-Equity	0.000.0	0.00-0.4	0.41+0.0	0.36+0.4	0.00
FCF Margin	10.8%+22.3pp	-11.5%-17.3pp	5.8%+8.0pp	-2.1%+13.8pp	-16.0%

Metric	Q3'25	Q2'25	Q1'25	Q3'25	Q3'25	Q2'25	Q1'25	Q4'24
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	-59.3%-37.5pp	-21.7%-7.2pp	-14.6%	N/A	7.3%+1.2pp	6.2%-2.1pp	8.3%	N/A
Net Margin	-39.2%-25.4pp	-13.9%-4.1pp	-9.8%	N/A	4.0%0.0pp	4.0%-1.9pp	5.8%	N/A
Return on Equity	N/A	N/A	N/A	N/A	1.7%-0.4pp	2.1%-1.5pp	3.6%	N/A
Return on Assets	-7.8%-5.1pp	-2.7%-0.6pp	-2.2%	N/A	1.1%-0.2pp	1.3%-0.9pp	2.3%	N/A
Current Ratio	2.59+0.2	2.36-0.1	2.44-0.1	2.50+0.3	2.19+0.1	2.13+0.0	2.09+0.1	1.99
Debt-to-Equity	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.000.0	0.00
FCF Margin	N/A	N/A	8.5%	N/A	N/A	N/A	-6.0%	N/A

Frequently Asked Questions

What is DOCGO INC's annual revenue?

DOCGO INC (DCGO) reported $616.6M in revenue for fiscal year 2024.

How fast is DOCGO INC's revenue growing?

DOCGO INC (DCGO) revenue declined by 1.2% year-over-year, from $624.3M to $616.6M in fiscal year 2024.

Is DOCGO INC profitable?

Yes, DOCGO INC (DCGO) reported a net income of $13.4M in fiscal year 2024, with a net profit margin of 2.2%.

What is DOCGO INC's earnings per share (EPS)?

DOCGO INC (DCGO) reported diluted earnings per share of $0.18 for fiscal year 2024.

What is DOCGO INC's EBITDA?

DOCGO INC (DCGO) had EBITDA of $44.6M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does DOCGO INC have?

As of fiscal year 2024, DOCGO INC (DCGO) had $89.2M in cash and equivalents against $5K in long-term debt.

What is DOCGO INC's operating margin?

DOCGO INC (DCGO) had an operating margin of 4.7% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is DOCGO INC's net profit margin?

DOCGO INC (DCGO) had a net profit margin of 2.2% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

What is DOCGO INC's return on equity (ROE)?

DOCGO INC (DCGO) has a return on equity of 4.2% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.

What is DOCGO INC's free cash flow?

DOCGO INC (DCGO) generated $66.5M in free cash flow during fiscal year 2024, representing cash available after capital expenditures.

What is DOCGO INC's operating cash flow?

DOCGO INC (DCGO) generated $70.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are DOCGO INC's total assets?

DOCGO INC (DCGO) had $455.6M in total assets as of fiscal year 2024, including both current and long-term assets.

What are DOCGO INC's capital expenditures?

DOCGO INC (DCGO) invested $3.8M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does DOCGO INC spend on research and development?

DOCGO INC (DCGO) invested $11.6M in research and development during fiscal year 2024.

Does DOCGO INC buy back shares?

Yes, DOCGO INC (DCGO) spent $13.8M on share buybacks during fiscal year 2024, returning capital to shareholders by reducing shares outstanding.

How many shares does DOCGO INC have outstanding?

DOCGO INC (DCGO) had 102M shares outstanding as of fiscal year 2024.

What is DOCGO INC's current ratio?

DOCGO INC (DCGO) had a current ratio of 2.50 as of fiscal year 2024, which is generally considered healthy.

What is DOCGO INC's debt-to-equity ratio?

DOCGO INC (DCGO) had a debt-to-equity ratio of 0.00 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is DOCGO INC's return on assets (ROA)?

DOCGO INC (DCGO) had a return on assets of 2.9% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.