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Side-by-side financial comparison of DocGo Inc. (DCGO) and LandBridge Co LLC (LB). Click either name above to swap in a different company.

DocGo Inc. is the larger business by last-quarter revenue ($74.9M vs $56.8M, roughly 1.3× LandBridge Co LLC). LandBridge Co LLC runs the higher net margin — 14.2% vs -190.0%, a 204.1% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs -38.0%). LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $-12.0M). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% CAGR vs -37.5%).

DocGo Inc. is a U.S.-headquartered mobile healthcare and on-demand medical service provider. It offers a range of solutions including in-home urgent care, diagnostic testing, telehealth consultations, and corporate wellness programs, serving individual patients, health systems, enterprise clients, and public sector organizations across North America.

DCGO vs LB — Head-to-Head

Bigger by revenue
DCGO
DCGO
1.3× larger
DCGO
$74.9M
$56.8M
LB
Growing faster (revenue YoY)
LB
LB
+93.5% gap
LB
55.6%
-38.0%
DCGO
Higher net margin
LB
LB
204.1% more per $
LB
14.2%
-190.0%
DCGO
More free cash flow
LB
LB
$134.0M more FCF
LB
$122.0M
$-12.0M
DCGO
Faster 2-yr revenue CAGR
LB
LB
Annualised
LB
72.8%
-37.5%
DCGO

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DCGO
DCGO
LB
LB
Revenue
$74.9M
$56.8M
Net Profit
$-142.3M
$8.1M
Gross Margin
Operating Margin
-139.6%
60.0%
Net Margin
-190.0%
14.2%
Revenue YoY
-38.0%
55.6%
Net Profit YoY
-1761.4%
-83.7%
EPS (diluted)
$-1.36
$0.24

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DCGO
DCGO
LB
LB
Q4 25
$74.9M
$56.8M
Q3 25
$70.8M
$50.8M
Q2 25
$80.4M
$47.5M
Q1 25
$96.0M
$44.0M
Q4 24
$120.8M
$36.5M
Q3 24
$138.7M
$28.5M
Q2 24
$164.9M
$26.0M
Q1 24
$192.1M
$19.0M
Net Profit
DCGO
DCGO
LB
LB
Q4 25
$-142.3M
$8.1M
Q3 25
$-27.8M
$8.1M
Q2 25
$-11.2M
$7.5M
Q1 25
$-9.4M
$6.5M
Q4 24
$-7.6M
$49.3M
Q3 24
$5.5M
$2.7M
Q2 24
$6.5M
$-57.7M
Q1 24
$11.2M
$10.8M
Operating Margin
DCGO
DCGO
LB
LB
Q4 25
-139.6%
60.0%
Q3 25
-59.3%
60.8%
Q2 25
-21.7%
60.0%
Q1 25
-14.6%
57.0%
Q4 24
-6.2%
49.4%
Q3 24
7.3%
11.2%
Q2 24
6.2%
-197.4%
Q1 24
8.3%
71.1%
Net Margin
DCGO
DCGO
LB
LB
Q4 25
-190.0%
14.2%
Q3 25
-39.2%
15.9%
Q2 25
-13.9%
15.8%
Q1 25
-9.8%
14.7%
Q4 24
-6.3%
135.2%
Q3 24
4.0%
9.3%
Q2 24
4.0%
-222.1%
Q1 24
5.8%
56.7%
EPS (diluted)
DCGO
DCGO
LB
LB
Q4 25
$-1.36
$0.24
Q3 25
$-0.28
$0.26
Q2 25
$-0.11
$0.24
Q1 25
$-0.09
$0.20
Q4 24
$-0.03
Q3 24
$0.05
$-0.04
Q2 24
$0.06
Q1 24
$0.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DCGO
DCGO
LB
LB
Cash + ST InvestmentsLiquidity on hand
$51.0M
$30.7M
Total DebtLower is stronger
$235.6K
$570.7M
Stockholders' EquityBook value
$144.0M
$340.3M
Total Assets
$217.1M
$1.4B
Debt / EquityLower = less leverage
0.00×
1.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DCGO
DCGO
LB
LB
Q4 25
$51.0M
$30.7M
Q3 25
$73.4M
$28.3M
Q2 25
$104.2M
$20.3M
Q1 25
$79.0M
$14.9M
Q4 24
$89.2M
$37.0M
Q3 24
$89.5M
$14.4M
Q2 24
$66.1M
$24.6M
Q1 24
$41.2M
Total Debt
DCGO
DCGO
LB
LB
Q4 25
$235.6K
$570.7M
Q3 25
$249.9K
$366.1M
Q2 25
$12.6K
$370.9M
Q1 25
$15.1K
$375.5M
Q4 24
$17.7K
$385.5M
Q3 24
$47.7K
$242.4M
Q2 24
$52.8K
$360.8M
Q1 24
$60.1K
Stockholders' Equity
DCGO
DCGO
LB
LB
Q4 25
$144.0M
$340.3M
Q3 25
$270.5M
$272.0M
Q2 25
$297.3M
$266.4M
Q1 25
$309.3M
$217.0M
Q4 24
$320.9M
$211.8M
Q3 24
$325.2M
$97.2M
Q2 24
$315.2M
$296.4M
Q1 24
$311.3M
$162.3M
Total Assets
DCGO
DCGO
LB
LB
Q4 25
$217.1M
$1.4B
Q3 25
$353.8M
$1.1B
Q2 25
$408.3M
$1.1B
Q1 25
$430.8M
$1.0B
Q4 24
$455.6M
$1.0B
Q3 24
$493.9M
$689.9M
Q2 24
$488.2M
$710.5M
Q1 24
$490.7M
Debt / Equity
DCGO
DCGO
LB
LB
Q4 25
0.00×
1.68×
Q3 25
0.00×
1.35×
Q2 25
0.00×
1.39×
Q1 25
0.00×
1.73×
Q4 24
0.00×
1.82×
Q3 24
0.00×
2.49×
Q2 24
0.00×
1.22×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DCGO
DCGO
LB
LB
Operating Cash FlowLast quarter
$-10.5M
$126.3M
Free Cash FlowOCF − Capex
$-12.0M
$122.0M
FCF MarginFCF / Revenue
-16.0%
214.9%
Capex IntensityCapex / Revenue
2.0%
7.5%
Cash ConversionOCF / Net Profit
15.68×
TTM Free Cash FlowTrailing 4 quarters
$29.9M
$207.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DCGO
DCGO
LB
LB
Q4 25
$-10.5M
$126.3M
Q3 25
$1.7M
$34.9M
Q2 25
$33.6M
$37.3M
Q1 25
$9.7M
$15.9M
Q4 24
$12.7M
$67.6M
Q3 24
$31.1M
$7.5M
Q2 24
$36.9M
$16.0M
Q1 24
$-10.6M
$17.2M
Free Cash Flow
DCGO
DCGO
LB
LB
Q4 25
$-12.0M
$122.0M
Q3 25
$782.6K
$33.7M
Q2 25
$32.9M
$36.1M
Q1 25
$8.2M
$15.8M
Q4 24
$12.0M
$66.7M
Q3 24
$30.2M
$7.1M
Q2 24
$35.9M
$15.7M
Q1 24
$-11.6M
$17.1M
FCF Margin
DCGO
DCGO
LB
LB
Q4 25
-16.0%
214.9%
Q3 25
1.1%
66.3%
Q2 25
40.9%
75.9%
Q1 25
8.5%
36.0%
Q4 24
9.9%
182.6%
Q3 24
21.8%
25.1%
Q2 24
21.7%
60.4%
Q1 24
-6.0%
90.1%
Capex Intensity
DCGO
DCGO
LB
LB
Q4 25
2.0%
7.5%
Q3 25
1.2%
2.3%
Q2 25
0.9%
2.6%
Q1 25
1.5%
0.2%
Q4 24
0.6%
2.7%
Q3 24
0.7%
1.1%
Q2 24
0.6%
1.4%
Q1 24
0.5%
0.5%
Cash Conversion
DCGO
DCGO
LB
LB
Q4 25
15.68×
Q3 25
4.31×
Q2 25
4.98×
Q1 25
2.46×
Q4 24
1.37×
Q3 24
5.67×
2.80×
Q2 24
5.65×
Q1 24
-0.95×
1.60×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DCGO
DCGO

Transportation Services Segment$50.2M67%
Mobile Health Services Segment$24.8M33%

LB
LB

Segment breakdown not available.

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