DocGo Q2 FY26 net loss widens to $18 million; revenue falls 8.7% to $73.4 million
DCGO•Quarterly results
DocGo posted second-quarter 2026 revenue of $73.4 million, down 8.71% from a year earlier on the wind-down of migrant programs.
Net loss widened to $18 million. Adjusted EBITDA loss was $6.3 million, little changed from the prior-year quarter.
GAAP gross margin edged up 0.2 percentage points to 26.9%. Cash and cash equivalents were $25.23 million at June 30.
Business segments and outlook
Medical Transportation Services revenue rose to $52 million. Mobile Health Services revenue fell to $21.4 million due to no migrant-program revenue.
DocGo agreed to acquire Hicuity Health, assuming about $52 million of Perceptive Advisors debt.
The company narrowed its 2026 revenue outlook to $305 million to $310 million.
