Talkspace, Inc.TALKEarnings & Financial Report
Talkspace, Inc. is an American company that provides online and mobile therapy services. Founded in 2012 by Oren and Roni Frank, Talkspace connects users with licensed therapists and psychiatrists through web and mobile platforms. The service offers communication through text, audio, and video messaging, as well as live video sessions in some cases. The company is headquartered in New York City.
Revenue
$48.7M
Gross Profit
$21.5M
Operating Profit
$569.0K
Net Profit
$1.2M
Gross Margin
44.2%
Operating Margin
1.2%
Net Margin
2.5%
YoY Growth
14.9%
EPS
$0.01
Talkspace, Inc. Q4 FY2024 Financial Summary
Talkspace, Inc. reported revenue of $48.7M (up 14.9% YoY) for Q4 FY2024, with a net profit of $1.2M (up 193.0% YoY) (2.5% margin). Cost of goods sold was $27.2M, operating expenses totaled $21.0M.
Key Financial Metrics
| Total Revenue | $48.7M |
|---|---|
| Net Profit | $1.2M |
| Gross Margin | 44.2% |
| Operating Margin | 1.2% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
Talkspace, Inc. Q4 FY2024 revenue of $48.7M breaks down across 3 segments, led by Payor Revenue at $33.8M (69.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Payor Revenue | $33.8M | 69.5% |
| Dte Revenue | $9.6M | 19.6% |
| Consumer | $5.3M | 10.9% |
Talkspace, Inc. Revenue by Segment — Quarterly Trend
Talkspace, Inc. revenue by segment across the last 4 reported quarters, showing how each business line (such as Payor Revenue and Dte Revenue) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Payor Revenue | $47.7M | $45.5M | $40.5M | $37.8M |
| Dte Revenue | $11.6M | $9.3M | $9.4M | $9.6M |
| Consumer | $3.7M | $4.6M | $4.4M | $4.8M |
Talkspace, Inc. Annual Revenue by Year
Talkspace, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $228.9M).
| Year | Annual Revenue |
|---|---|
| 2025 | $228.9M |
| 2024 | $187.6M |
| 2023 | $150.0M |
| 2022 | $119.6M |
Talkspace, Inc. Quarterly Revenue & Net Profit History
Talkspace, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $63.0M | +29.3% | $4.8M | 7.6% |
| Q3 FY2025 | $59.4M | +25.3% | $3.3M | 5.5% |
| Q2 FY2025 | $54.3M | +17.9% | $-541.0K | -1.0% |
| Q1 FY2025 | $52.2M | +14.9% | $318.0K | 0.6% |
| Q4 FY2024 | $48.7M | +14.9% | $1.2M | 2.5% |
| Q3 FY2024 | $47.4M | +22.6% | $1.9M | 4.0% |
| Q2 FY2024 | $46.1M | +29.2% | $-474.0K | -1.0% |
| Q1 FY2024 | $45.4M | +36.2% | $-1.5M | -3.2% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $45.4M | $46.1M | $47.4M | $48.7M | $52.2M | $54.3M | $59.4M | $63.0M |
| YoY Growth | 36.2% | 29.2% | 22.6% | 14.9% | 14.9% | 17.9% | 25.3% | 29.3% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $138.3M | $133.8M | $138.2M | $138.7M | $134.2M | $132.8M | $129.1M | $134.9M |
| Liabilities | $18.7M | $19.7M | $20.6M | $21.3M | $20.8M | $19.8M | $20.0M | $17.8M |
| Equity | $119.6M | $114.0M | $117.6M | $117.4M | $113.4M | $112.9M | $109.1M | $117.0M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-3.4M | $4.8M | $6.2M | $3.7M | $-1.2M | $-351000 | $4.7M | $5.4M |