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DocGo vs GeneDx: revenue, profit, margins and growth compared

DocGo brought in $322.2M of revenue in fiscal 2025, GeneDx $427.5M in fiscal 2025. Revenue changed by -47.7% at DocGo and +40.0% at GeneDx on the year before, so GeneDx grew faster. DocGo kept -56.6% of its revenue as net profit, GeneDx -4.9%. Free cash flow was $29.9M at DocGo and $14.3M at GeneDx.

Side by side, latest fiscal year

DCGOWGS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$322.2M$427.5M
Revenue growth-47.7%+40.0%
Net income-$182.4M-$21M
Net margin-56.6%-4.9%
Free cash flow$29.9M$14.3M
Free cash flow margin9.3%3.3%
Earnings per share (diluted)-$1.84-$0.73
Cash$51M$105M
Debt$235.6K$54.5M
Price to earningsn/an/a
Market value$34.1M$2.6B
Dividend yieldn/an/a
Rank by revenue in sector#217 of 523 · Health care#199 of 523 · Health care

Over the years

Revenue
DCGO FY2020: $94.1MDCGO FY2021: $318.7MDCGO FY2022: $440.5MDCGO FY2023: $624.3MDCGO FY2024: $616.6MDCGO FY2025: $322.2MWGS FY2019: $196.2MWGS FY2020: $179.3MWGS FY2021: $212.2MWGS FY2022: $234.7MWGS FY2023: $202.6MWGS FY2024: $305.5MWGS FY2025: $427.5MFY19FY20FY21FY22FY23FY24FY25
DCGO $322.2MWGS $427.5M
Net income
DCGO FY2020: -$14.8MDCGO FY2021: $23.7MDCGO FY2022: $34.6MDCGO FY2023: $6.9MDCGO FY2024: $20MDCGO FY2025: -$182.4MWGS FY2019: -$29.7MWGS FY2020: -$241.3MWGS FY2021: -$245.4MWGS FY2022: -$549MWGS FY2023: -$175.8MWGS FY2024: -$52.3MWGS FY2025: -$21MFY19FY20FY21FY22FY23FY24FY25
DCGO -$182.4MWGS -$21M
Net margin
DCGO FY2020: -15.7%DCGO FY2021: 7.4%DCGO FY2022: 7.9%DCGO FY2023: 1.1%DCGO FY2024: 3.2%DCGO FY2025: -56.6%WGS FY2019: -15.1%WGS FY2020: -134.6%WGS FY2021: -115.6%WGS FY2022: -233.9%WGS FY2023: -86.8%WGS FY2024: -17.1%WGS FY2025: -4.9%FY19FY20FY21FY22FY23FY24FY25
DCGO -56.6%WGS -4.9%
Revenue growth
DCGO FY2021: +238.7%DCGO FY2022: +38.2%DCGO FY2023: +41.7%DCGO FY2024: -1.2%DCGO FY2025: -47.7%WGS FY2020: -8.6%WGS FY2021: +18.3%WGS FY2022: +10.6%WGS FY2023: -13.7%WGS FY2024: +50.8%WGS FY2025: +40.0%FY20FY21FY22FY23FY24FY25
DCGO -47.7%WGS +40.0%
Free cash flow
DCGO FY2020: -$15MDCGO FY2021: -$6.8MDCGO FY2022: $25.7MDCGO FY2023: -$71.8MDCGO FY2024: $66.5MDCGO FY2025: $29.9MWGS FY2019: -$30.7MWGS FY2020: -$117.2MWGS FY2021: -$199.8MWGS FY2022: -$326.3MWGS FY2023: -$185.4MWGS FY2024: -$34MWGS FY2025: $14.3MFY19FY20FY21FY22FY23FY24FY25
DCGO $29.9MWGS $14.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about DocGo and GeneDx

Which is bigger by revenue, DocGo or GeneDx?

GeneDx is bigger by revenue: $427.5M in fiscal 2025, against $322.2M for DocGo in fiscal 2025.

Which keeps more of its revenue as profit, DocGo or GeneDx?

DocGo had a net margin of -56.6% in fiscal 2025; GeneDx had -4.9% in fiscal 2025.

Which grew revenue faster, DocGo or GeneDx?

In their latest fiscal years revenue changed by -47.7% at DocGo and +40.0% at GeneDx.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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