vs
Side-by-side financial comparison of DocGo Inc. (DCGO) and Neptune Insurance Holdings Inc. (NP). Click either name above to swap in a different company.
DocGo Inc. is the larger business by last-quarter revenue ($74.9M vs $37.8M, roughly 2.0× Neptune Insurance Holdings Inc.). Neptune Insurance Holdings Inc. runs the higher net margin — 0.1% vs -190.0%, a 190.1% gap on every dollar of revenue. On growth, Neptune Insurance Holdings Inc. posted the faster year-over-year revenue change (28.8% vs -38.0%).
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.
Neptune Insurance Holdings Inc. is a specialty insurance holding company that offers a broad portfolio of property and casualty insurance products, with a core focus on residential and commercial flood insurance for customers across the United States. It serves both individual consumers and small to mid-sized business clients, using advanced data analytics to support accurate policy pricing and robust risk management.
DCGO vs NP — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $74.9M | $37.8M |
| Net Profit | $-142.3M | $50.0K |
| Gross Margin | — | — |
| Operating Margin | -139.6% | — |
| Net Margin | -190.0% | 0.1% |
| Revenue YoY | -38.0% | 28.8% |
| Net Profit YoY | -1761.4% | 0.0% |
| EPS (diluted) | $-1.36 | $0.05 |
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.
| Q1 26 | — | $37.8M | ||
| Q4 25 | $74.9M | — | ||
| Q3 25 | $70.8M | $44.4M | ||
| Q2 25 | $80.4M | — | ||
| Q1 25 | $96.0M | — | ||
| Q4 24 | $120.8M | — | ||
| Q3 24 | $138.7M | $33.8M | ||
| Q2 24 | $164.9M | — |
| Q1 26 | — | $50.0K | ||
| Q4 25 | $-142.3M | — | ||
| Q3 25 | $-27.8M | $11.5M | ||
| Q2 25 | $-11.2M | — | ||
| Q1 25 | $-9.4M | — | ||
| Q4 24 | $-7.6M | — | ||
| Q3 24 | $5.5M | $12.1M | ||
| Q2 24 | $6.5M | — |
| Q1 26 | — | — | ||
| Q4 25 | -139.6% | — | ||
| Q3 25 | -59.3% | 46.7% | ||
| Q2 25 | -21.7% | — | ||
| Q1 25 | -14.6% | — | ||
| Q4 24 | -6.2% | — | ||
| Q3 24 | 7.3% | 58.6% | ||
| Q2 24 | 6.2% | — |
| Q1 26 | — | 0.1% | ||
| Q4 25 | -190.0% | — | ||
| Q3 25 | -39.2% | 25.9% | ||
| Q2 25 | -13.9% | — | ||
| Q1 25 | -9.8% | — | ||
| Q4 24 | -6.3% | — | ||
| Q3 24 | 4.0% | 35.8% | ||
| Q2 24 | 4.0% | — |
| Q1 26 | — | $0.05 | ||
| Q4 25 | $-1.36 | — | ||
| Q3 25 | $-0.28 | $0.06 | ||
| Q2 25 | $-0.11 | — | ||
| Q1 25 | $-0.09 | — | ||
| Q4 24 | $-0.03 | — | ||
| Q3 24 | $0.05 | $0.06 | ||
| Q2 24 | $0.06 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $51.0M | — |
| Total DebtLower is stronger | $235.6K | — |
| Stockholders' EquityBook value | $144.0M | — |
| Total Assets | $217.1M | — |
| Debt / EquityLower = less leverage | 0.00× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $51.0M | — | ||
| Q3 25 | $73.4M | $12.2M | ||
| Q2 25 | $104.2M | — | ||
| Q1 25 | $79.0M | — | ||
| Q4 24 | $89.2M | — | ||
| Q3 24 | $89.5M | — | ||
| Q2 24 | $66.1M | — |
| Q1 26 | — | — | ||
| Q4 25 | $235.6K | — | ||
| Q3 25 | $249.9K | $247.6M | ||
| Q2 25 | $12.6K | — | ||
| Q1 25 | $15.1K | — | ||
| Q4 24 | $17.7K | — | ||
| Q3 24 | $47.7K | — | ||
| Q2 24 | $52.8K | — |
| Q1 26 | — | — | ||
| Q4 25 | $144.0M | — | ||
| Q3 25 | $270.5M | $-509.5M | ||
| Q2 25 | $297.3M | — | ||
| Q1 25 | $309.3M | — | ||
| Q4 24 | $320.9M | — | ||
| Q3 24 | $325.2M | $-374.3M | ||
| Q2 24 | $315.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | $217.1M | — | ||
| Q3 25 | $353.8M | $89.6M | ||
| Q2 25 | $408.3M | — | ||
| Q1 25 | $430.8M | — | ||
| Q4 24 | $455.6M | — | ||
| Q3 24 | $493.9M | — | ||
| Q2 24 | $488.2M | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.00× | — | ||
| Q3 25 | 0.00× | — | ||
| Q2 25 | 0.00× | — | ||
| Q1 25 | 0.00× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | 0.00× | — | ||
| Q2 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-10.5M | — |
| Free Cash FlowOCF − Capex | $-12.0M | — |
| FCF MarginFCF / Revenue | -16.0% | — |
| Capex IntensityCapex / Revenue | 2.0% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $29.9M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-10.5M | — | ||
| Q3 25 | $1.7M | $38.9M | ||
| Q2 25 | $33.6M | — | ||
| Q1 25 | $9.7M | — | ||
| Q4 24 | $12.7M | — | ||
| Q3 24 | $31.1M | — | ||
| Q2 24 | $36.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | $-12.0M | — | ||
| Q3 25 | $782.6K | — | ||
| Q2 25 | $32.9M | — | ||
| Q1 25 | $8.2M | — | ||
| Q4 24 | $12.0M | — | ||
| Q3 24 | $30.2M | — | ||
| Q2 24 | $35.9M | — |
| Q1 26 | — | — | ||
| Q4 25 | -16.0% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 40.9% | — | ||
| Q1 25 | 8.5% | — | ||
| Q4 24 | 9.9% | — | ||
| Q3 24 | 21.8% | — | ||
| Q2 24 | 21.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 2.0% | — | ||
| Q3 25 | 1.2% | — | ||
| Q2 25 | 0.9% | — | ||
| Q1 25 | 1.5% | — | ||
| Q4 24 | 0.6% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | 0.6% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 3.38× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 5.67× | — | ||
| Q2 24 | 5.65× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DCGO
| Transportation Services Segment | $50.2M | 67% |
| Mobile Health Services Segment | $24.8M | 33% |
NP
Segment breakdown not available.
