DocGo (DCGOW) Gross Margin %: 31.61% (As of Mar. 2026) — Near Median


DCGOW DocGo Inc DCGOW
60 GF Score
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! 5 Warning Signs
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What is DocGo Gross Margin %?

DocGo DCGOW 60 Gross Margin % is 31.61% as of Mar. 2026, which is 5% below its 10-year median of 33.32. GuruFocus rates DCGOW with a GF Score™ of 60/100. The stock has 5 warning signs investors should review. Among 630 Healthcare Providers & Services companies, DocGo ranks worse than 64.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. DocGo's Gross Profit for the three months ended in Mar. 2026 was $23.88 Mil. DocGo's Revenue for the three months ended in Mar. 2026 was $75.55 Mil. Therefore, DocGo's Gross Margin % for the quarter that ended in Mar. 2026 was 31.61%.

Warning Sign:

DocGo Inc gross margin has been in long-term decline. The average rate of decline per year is -1.5%.


The historical rank and industry rank for DocGo's Gross Margin % or its related term are showing as below:

DCGOW' s Gross Margin % Range Over the Past 10 Years
Min: 27.31   Med: 33.32   Max: 35.12
Current: 30.42


During the past 7 years, the highest Gross Margin % of DocGo was 35.12%. The lowest was 27.31%. And the median was 33.32%.

DCGOW's Gross Margin % is ranked worse than
64.29% of 630 companies
in the Healthcare Providers & Services industry
Industry Median: 40.075 vs DCGOW: 30.42

DocGo had a gross margin of 31.61% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for DocGo was -1.50% per year.


DocGo  (NAS:DCGOW) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

DocGo had a gross margin of 31.61% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


DocGo Gross Margin % Related Terms


DocGo Gross Margin % Historical Data

* Premium members only.

The historical data trend for DocGo's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

DocGo Gross Margin % Chart

DocGo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 34.43 35.12 31.30 34.64 30.65

DocGo Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.12 31.61 25.60 32.51 31.61

DCGOW vs BTMD, PIII, EHSI: Gross Margin % Comparison

For the Medical Care Facilities subindustry, DocGo's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


DocGo Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, DocGo's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DocGo's Gross Margin % falls into.


DCGOW
60GF Score
DocGo Inc DCGOW
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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DocGo Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

DocGo's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=98.8 / 322.196
=(Revenue - Cost of Goods Sold) / Revenue
=(322.196 - 223.438) / 322.196
=30.65 %

DocGo's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=23.9 / 75.55
=(Revenue - Cost of Goods Sold) / Revenue
=(75.55 - 51.667) / 75.55
=31.61 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 31.61% mean?
DocGo (DCGOW) has a Gross Margin % of 31.61% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on DocGo and its competitors. This is near median its historical median of 33.32. Over the past decade, DocGo's Gross Margin % has ranged from 27.31 to 35.12. According to the industry distribution chart, DocGo ranks #405 out of 630 companies in the Healthcare Providers & Services industry, placing it in the top 64.3%.
Is DocGo's Gross Margin % too high?
DocGo's current Gross Margin % of 31.61% is near median its 10-year median of 33.32. Over the past 10 years, this metric has ranged from a low of 27.31 to a high of 35.12. The Healthcare Providers & Services industry median Gross Margin % is 40.08. DocGo's value of 31.61% is 21.1% below this industry median. Based on the distribution chart, DocGo ranks #405 out of 630 companies in the Healthcare Providers & Services industry, which is below the industry midpoint. Overall, DocGo has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does DocGo's Gross Margin % compare to BTMD and PIII?
According to the Healthcare Providers & Services industry distribution chart, DocGo ranks #405 out of 630 companies for Gross Margin %. This places DocGo in the lower half of its industry. The industry median Gross Margin % is 40.08. DocGo's value of 31.61% is 21.1% below this benchmark. Historically, DocGo's own Gross Margin % has ranged from 27.31 to 35.12 over the past decade. While the company's 10-year median is 33.32 vs. the industry median of 40.08, DocGo has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.08, based on 630 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. DocGo's current Gross Margin % of 31.61% is 21.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on DocGo and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DocGo's current Gross Margin % is 31.61%, which is near median its own 10-year median of 33.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DocGo stock overvalued right now?
DocGo (DCGOW) has a current Gross Margin % of 31.61%. The current Gross Margin % is 31.61%, which is near median its 10-year median of 33.32 and 21.1% below the Healthcare Providers & Services industry median of 40.08. DocGo's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For DocGo (DCGOW), the current Gross Margin % is 31.61% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

DocGo Business Description

Other Exchanges DCGO:USA
Address 685 Third Avenue, 9th Floor, New York, NY, USA, 10017
DocGo Inc is a provider of last-mile mobile health services and integrated medical mobility solutions. The company uses its care delivery platform to provide mobile health services, virtual care management, and ambulance services. It has two reporting segments: Mobile Health Services and Transportation Services. A majority of its revenue is generated from the Mobile Health Services segment, which includes various healthcare services performed at homes, offices, and other locations and event services such as on-site healthcare support at sporting events and concerts. Geographically, the company generates a majority of its revenue from the United States and the rest from the United Kingdom.
60GF Score

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