DocGo (DCGO) Investor presentation summary

Business overview and strategy

• Leading provider of technology-enabled mobile healthcare, offering services at scale across the US and UK, including care in the home, virtual care, mobile phlebotomy, and medical transportation.

• Proprietary technology platform integrates with major EHRs, supports logistics, scheduling, and patient communications, and includes AI-driven solutions for efficiency and quality.

• Vertical integration includes clinical practice group, laboratory license, and managed care credentials, creating a defensible competitive moat.

• Mission-driven approach focuses on delivering care to any address, improving access for underserved and homebound populations.

• Growth strategy leverages long-term customer relationships, payer programs, virtual care management, and M&A to expand services and reach.

Financial performance and key metrics

• Q2 2026 total revenue was $73.4M, with a 30.5% adjusted gross margin and an adjusted EBITDA loss of $6.3M.

• Mobile health segment revenue reached $21.4M (27.0% margin); medical transportation segment revenue was $52.0M (32.0% margin).

• No long-term debt as of Q2 2026, with $25.2M in unrestricted cash; planned assumption of $52M debt for Hicuity Health acquisition.

• Record volumes in all major business lines, including 15% growth in US medical transportation and 58% growth in virtual care & lab orders year-over-year.

• Over 1.7 million patients assigned for care gap closure since inception, with strong growth in completed visits and virtual care engagements.

Market opportunity and industry trends

• Addressable US at-home care market estimated at $230B, with 30% of PCP market expected to shift to nontraditional providers.

• Medical transportation market size estimated at $7–$13B.

• Chronic disease drives 90% of US healthcare expenditures, creating demand for tailored solutions across the care continuum.

• Healthcare delivery is shifting toward integrated, technology-enabled models due to workforce shortages, financial pressures, rising demand, and an aging population.