Docgo Inc. income statement
In fiscal 2025, Docgo Inc. reported revenue of $322m, down 47.7% on the year before, operating income of −$178m (a -55.3% margin) and net income of −$182m, or −$1.84 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | 94 | 319 | 441 | 624 | 617 | 322 | 295 |
| Cost of revenue | — | 452 | 524 | — | — | — | — |
| Gross profit | — | −133 | −83 | — | — | — | — |
| Research and development | 1 | 3 | 5 | 11 | 12 | 14 | 14 |
| Selling and marketing | 1 | 5 | 5 | 3 | 2 | 1 | 2 |
| General and administrative | 35 | 75 | 103 | 137 | 139 | 133 | 130 |
| Operating income | −15 | 15 | 22 | 15 | 29 | −178 | −183 |
| Interest expense | 0 | 0 | 0 | — | — | — | — |
| Net interest income | −0 | −1 | 1 | 2 | — | — | — |
| Income before tax | −15 | 20 | 23 | 16 | 28 | −187 | −189 |
| Income tax | 0 | 1 | −8 | 6 | 14 | 9 | 17 |
| Net income | −15 | 24 | 35 | 7 | 20 | −182 | −192 |
| Diluted EPS | −$0.25 | $0.25 | $0.34 | $0.06 | $0.18 | −$1.84 | −$1.96 |
| Diluted shares (average) | 58m | 95m | 103m | 106m | 109m | 99m | 98m |
| EBITDA | −9 | 18 | 32 | 31 | 45 | −162 | −170 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 139 | 121 | 96 | 80 | 71 | 75 | 76 | 73 |
| Research and development | 3 | 4 | 4 | 3 | 3 | 4 | 4 | 3 |
| Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General and administrative | 29 | 35 | 33 | 31 | 30 | 39 | 31 | 30 |
| Operating income | 10 | −7 | −14 | −17 | −42 | −105 | −19 | −18 |
| Income before tax | 9 | −7 | −15 | −18 | −43 | −112 | −17 | −18 |
| Income tax | 4 | 1 | −4 | −5 | −14 | 31 | 0 | 0 |
| Net income | 5 | −3 | −9 | −11 | −28 | −134 | −15 | −16 |
| Diluted EPS | $0.05 | −$0.04 | −$0.09 | −$0.11 | −$0.28 | −$1.35 | −$0.15 | −$0.16 |
| EBITDA | 14 | −4 | −10 | −13 | −38 | −101 | −16 | −15 |
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