DocGo Inc. (DCGO) Stock Falls on Q3 2026 Earnings

DocGo Inc. $DCGO reported third-quarter 2026 revenue of $73.4 million, up 3.7% from a year earlier, but results remained under pressure below the line. Gross profit rose sharply to $24.5 million, reflecting a 35.0% increase year over year, even as operating losses widened to $17.3 million.

Net loss attributable to common shareholders came in at $16.6 million, or -$0.17 per diluted share. That compared with an earnings estimate of -$0.0938 per share and revenue expectations of $78.7 million, indicating the quarter fell short of Wall Street’s forecast.

Cash flow remained weak, with operating cash flow at -$3.6 million. The balance sheet showed $19.1 million in cash and cash equivalents, while total liabilities stood at $94.9 million. Shares fell 6.56% after the market close following the release.

• Revenue: $73.4 million, up 3.7% year over year
• Gross profit: $24.5 million, up 35.0% year over year
• Net loss: $16.6 million, or -$0.17 per share
• Operating cash flow: -$3.6 million
• Cash and cash equivalents: $19.1 million

Note: This financials data is sourced from a third-party provider and has not been independently verified by Investivoq.

DocGo Inc. Hedge Fund Activity

We have seen 39 institutional investors add shares of DocGo Inc. stock to their portfolio, and 75 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• BLACKROCK, INC. removed 4,911,965 shares (-77.2%) from their portfolio in Q2 2026, for an estimated $2,535,065
• PEAPOD LANE CAPITAL LLC removed 2,500,118 shares (-100.0%) from their portfolio in Q3 2026, for an estimated $999,547
• AQR CAPITAL MANAGEMENT LLC added 973,704 shares (+132.4%) to their portfolio in Q2 2026, for an estimated $502,528
• GOLDMAN SACHS GROUP INC removed 830,905 shares (-82.5%) from their portfolio in Q2 2026, for an estimated $428,830
• RENAISSANCE TECHNOLOGIES LLC added 744,009 shares (+49.3%) to their portfolio in Q2 2026, for an estimated $383,983
• GSA CAPITAL PARTNERS LLP added 660,639 shares (+193.6%) to their portfolio in Q2 2026, for an estimated $340,955
• RBF CAPITAL, LLC added 650,000 shares (+inf%) to their portfolio in Q2 2026, for an estimated $335,465

To track hedge funds' stock portfolios, check out Investivoq's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Investivoq API 13F endpoint.