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DocGo Q1 FY26 net loss widens to $16.7 million; revenue drops 21.3% to $75.6 million

PUBT·05/11/2026 20:07:55
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DocGo Q1 FY26 net loss widens to $16.7 million; revenue drops 21.3% to $75.6 million
  • DocGo posted Q1 2026 revenue of $75.6 million, down 21.27%, while net loss widened to $16.7 million from $11.1 million.
  • GAAP gross margin held at 28.1%, down 0.1 percentage point, as adjusted EBITDA loss widened to $10.2 million from $3.9 million.
  • Medical Transportation Services revenue rose to $51.9 million from $50.8 million, while Mobile Health Services revenue fell to $23.6 million from $45.2 million.
  • Combined revenue from “healthcare at any address” businesses climbed sequentially to about $17.4 million from $12.8 million, with record volumes including 17% growth in US medical transportation and 37% growth in virtual care and lab orders.
  • Full-year 2026 revenue guidance increased to $300-$315 million from $290-$310 million, with CEO Lee Bienstock citing strong demand at virtual care provider SteadyMD and CFO Norm Rosenberg flagging near-term margin pressure from faster hiring and higher fuel prices.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. DocGo Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202605111605BIZWIRE_USPR_____20260511_BW043735) on May 11, 2026, and is solely responsible for the information contained therein.