Company Analysis

DocGo Inc. (DCGO)

Nasdaq: DCGO · Services-Health Services · New York, NY · filing with the SEC since 2020
Grade3.9
◀ Past 4.1● Present 4.0▶ Future 3.4

The grade of DocGo Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.9/10
◀ Past4.130% of the headline
● Present4.040% of the headline
▶ Future3.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

4.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.3/10

Has it survived what it has been through?

8 warning events since 2020; the latest 2026-08-10.

weight 33% of this tense · 13th percentile among 15 sector filers · read for itself

From the record

DocGo Inc.'s filings since 2020 show 8 warning events of 4 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2026-07-31); a warning not to rely on past financial statements (8-K item 4.02, 2 times, the latest 2021-11-23); an auditor change (8-K item 4.01, the latest 2021-11-12); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2026-08-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.9/10

What has it actually done, year after year?

+27.9% a year over 6 filed years; profitable in 4 of 6.

weight 45% of this tense · 39th percentile among 14 sector filers · read for its customers

From the record

DocGo Inc.'s 6 filed years say what it did: revenue went from $94 million in fiscal 2020 to $322 million in fiscal 2025, up 27.9% a year; it rose in 3 of 5 years; the deepest fall was 48% from fiscal 2023 to fiscal 2025; net income was positive in 4 of 6 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span27.9%top 46% of its family
  • the share of years revenue rosebottom 18% of its family
  • the share of filed years with a profittop 25% of its family
  • the deepest fall from a revenue peak48.4%bottom 11% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
8.8/10

How has it treated the people who own it?

Share count shrank 1.3% a year. 61% of cash flow returned. Insiders: 1 sales, 0 purchases.

weight 22% of this tense · 88th percentile among 7 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, DocGo Inc.'s diluted share count shrank about 1.3% a year, and dividends and buybacks returned about 61% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 1 sale and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 4% of its family
  • cash returned against operating cash flowtop 21% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.4/10

Is it financially healthy right now?

ROE -145%: lost 145¢ per shareholder dollar. Leverage 42%: owes 42¢ per asset dollar.

weight 33% of this tense · 54th percentile among 14 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, DocGo Inc. lost about 145 cents for every dollar of shareholders' money. Leverage: it owed about 42 cents per dollar of assets, and net share issuance: its share count shrank 9.5% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 46% of its family
  • return on equitybottom 13% of its family
  • the share count against the year beforetop 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
2.3/10

How strong is its position in its industry?

bottom 23% of 14 in its family; net margin -56.6%.

weight 45% of this tense · 23rd percentile among 14 sector filers · read for its customers

From the record

DocGo Inc.'s standing among 14 graded names in its industry family: revenue of $322 million in fiscal 2025 ranks in the bottom 46% by size; a net margin of -56.6% ranks in the bottom 18%; revenue growth of -9.9% a year over the last 3 filed years ranks in the bottom 4% (its annual reports).

What it rests on

  • revenue against the family$322Mbottom 46% of its family
  • net margin-56.6%bottom 18% of its family
  • three-year revenue growth-9.9%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.6/10

What are the people in charge doing?

top 44% of 10 in its family for leadership; chief executive since 2023.

weight 22% of this tense · 56th percentile among 10 sector filers · read for its shareholders

From the record

DocGo Inc.'s leadership, from its insiders' filings and its current reports: the chief executive on the record is Bienstock, Lee (Chief Executive Officer, as filed), filing under that title since 2023-09-19, 3.2 years (top 45% of its family); the 9 officers and directors filing in the last fifteen months have been on the record a median of 5 years (top 41%); 3 officer or director changes were reported on Form 8-K since 2023-11-13, against the 9 people in charge now (top 46%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge3 in three years among 9 peopletop 46% of its family
  • the median years the people in charge have filed5.0 yearstop 41% of its family
  • the chief executive's years on the record3.2 yearstop 45% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

3.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
7.4/10

How much room does it have to grow?

top 26% of 14 in its family for room to expand.

weight 22% of this tense · 74th percentile among 14 sector filers · read for itself

From the record

DocGo Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $52 million against debt of $236 thousand leaves 24.1% of its assets as net cash, top 25% of its family; cash from operations less capital spending is 9.3% of revenue (top 4%); research spending of 4.2% of revenue (top 50%) (its annual report).

What it rests on

  • cash less debt against assets24.1%top 25% of its family
  • cash from operations less capital spending against revenue9.3%top 4% of its family
  • research spending against revenue4.2%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.7/10

What could actually drive growth from here?

bottom 37% of 14 in its family for growth drivers.

weight 45% of this tense · 37th percentile among 14 sector filers · read for its customers

From the record

DocGo Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9.9% a year over the last three filed years against 27.9% over all 6, slowing (bottom 4% of its family); the newest year grew -47.8% (bottom 4%); research spending grew 36% a year (top 10%); capital spending grew 12.4% a year (top 50%) (its annual reports). DocGo Inc. reported 2 lines of business in fiscal 2025: Transportation Services at $201 million (62%), Mobile Health Services at $121 million (38%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-37.8 points a yearbottom 4% of its family
  • the newest year's revenue growth-47.8%bottom 4% of its family
  • three-year growth of research spending36.0%top 10% of its family
  • three-year growth of capital spending12.4%top 50% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
0.4/10

Did its newest year beat what its own record pointed to?

bottom 4% of 12 in its family for expectations against reality.

weight 33% of this tense · 4th percentile among 12 sector filers · read for its shareholders

From the record

DocGo Inc.'s newest year against its own record: revenue of $322 million in fiscal 2025 came in 55.8% below the $729 million its prior three years' pace pointed to (bottom 4% of its family); net income of $182 million against a prior three-year average of $20 million (bottom 4%); a net margin of -56.6% against 4.1% before (bottom 4%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-55.8%bottom 4% of its family
  • net income against the prior three years' averagefive times below its prior average or morebottom 4% of its family
  • net margin against its prior average-60.7 pointsbottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DCGO · research, not advice