Record Volumes in Base Business Offerings
DocGo experienced record volumes across all base business offerings in the third quarter of 2025, reflecting the success of their strategy in building a robust evergreen healthcare business.
Strong Balance Sheet
DocGo maintains a strong balance sheet, with cash intended to fund growth and capitalize on opportunities, and paid off $30 million in debt, becoming debt-free for the first time since late 2023.
Acquisition of SteadyMD
DocGo acquired SteadyMD, a virtual care provider with a 50-state network, expected to generate approximately $25 million in revenue in 2025, enhancing DocGo's scalability and service offerings.
Revenue Growth in Medical Transportation
Medical transportation revenue increased to $50.1 million in 2025 from $48 million in 2024, showing strong growth driven by long-term contracts and high utilization rates.
Expansion of Payer and Provider Services
DocGo's payer and provider vertical is expected to grow from $50 million in 2025 to $85 million in 2026, with substantial contributions from the SteadyMD acquisition and new contracts.