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Side-by-side financial comparison of Hippo Holdings Inc. (HIPO) and Talkspace, Inc. (TALK). Click either name above to swap in a different company.

Hippo Holdings Inc. is the larger business by last-quarter revenue ($120.4M vs $63.0M, roughly 1.9× Talkspace, Inc.). Talkspace, Inc. runs the higher net margin — 7.6% vs 5.0%, a 2.6% gap on every dollar of revenue. On growth, Talkspace, Inc. posted the faster year-over-year revenue change (29.3% vs 18.2%). Over the past eight quarters, Hippo Holdings Inc.'s revenue compounded faster (18.9% CAGR vs 17.8%).

Hippo Valley Estate is a sugar estate found near the town of Chiredzi in Chiredzi District of southeastern Zimbabwe, on the Runde River near the border with Mozambique.

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.

HIPO vs TALK — Head-to-Head

Bigger by revenue
HIPO
HIPO
1.9× larger
HIPO
$120.4M
$63.0M
TALK
Growing faster (revenue YoY)
TALK
TALK
+11.2% gap
TALK
29.3%
18.2%
HIPO
Higher net margin
TALK
TALK
2.6% more per $
TALK
7.6%
5.0%
HIPO
Faster 2-yr revenue CAGR
HIPO
HIPO
Annualised
HIPO
18.9%
17.8%
TALK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HIPO
HIPO
TALK
TALK
Revenue
$120.4M
$63.0M
Net Profit
$6.0M
$4.8M
Gross Margin
Operating Margin
5.6%
6.1%
Net Margin
5.0%
7.6%
Revenue YoY
18.2%
29.3%
Net Profit YoY
-86.4%
292.5%
EPS (diluted)
$0.31

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
HIPO
HIPO
TALK
TALK
Q4 25
$120.4M
$63.0M
Q3 25
$120.6M
$59.4M
Q2 25
$117.3M
$54.3M
Q1 25
$110.3M
$52.2M
Q4 24
$101.9M
$48.7M
Q3 24
$95.5M
$47.4M
Q2 24
$89.6M
$46.1M
Q1 24
$85.1M
$45.4M
Net Profit
HIPO
HIPO
TALK
TALK
Q4 25
$6.0M
$4.8M
Q3 25
$98.1M
$3.3M
Q2 25
$1.3M
$-541.0K
Q1 25
$-47.7M
$318.0K
Q4 24
$44.2M
$1.2M
Q3 24
$-8.5M
$1.9M
Q2 24
$-40.5M
$-474.0K
Q1 24
$-35.7M
$-1.5M
Gross Margin
HIPO
HIPO
TALK
TALK
Q4 25
Q3 25
Q2 25
Q1 25
44.6%
Q4 24
44.2%
Q3 24
45.6%
Q2 24
45.5%
Q1 24
47.8%
Operating Margin
HIPO
HIPO
TALK
TALK
Q4 25
5.6%
6.1%
Q3 25
81.3%
3.7%
Q2 25
3.4%
-3.3%
Q1 25
-41.3%
-2.1%
Q4 24
46.3%
1.2%
Q3 24
-5.4%
0.2%
Q2 24
-40.7%
-7.6%
Q1 24
-38.7%
-3.7%
Net Margin
HIPO
HIPO
TALK
TALK
Q4 25
5.0%
7.6%
Q3 25
81.3%
5.5%
Q2 25
1.1%
-1.0%
Q1 25
-43.2%
0.6%
Q4 24
43.4%
2.5%
Q3 24
-8.9%
4.0%
Q2 24
-45.2%
-1.0%
Q1 24
-42.0%
-3.2%
EPS (diluted)
HIPO
HIPO
TALK
TALK
Q4 25
$0.31
Q3 25
$3.77
$0.02
Q2 25
$0.05
Q1 25
$-1.91
$0.00
Q4 24
$1.81
$0.01
Q3 24
$-0.34
$0.01
Q2 24
$-1.64
$0.00
Q1 24
$-1.47
$-0.01

Balance Sheet & Financial Strength

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

Metric
HIPO
HIPO
TALK
TALK
Cash + ST InvestmentsLiquidity on hand
$218.3M
$37.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$436.1M
$117.0M
Total Assets
$1.9B
$134.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HIPO
HIPO
TALK
TALK
Q4 25
$218.3M
$37.4M
Q3 25
$247.7M
$39.5M
Q2 25
$198.9M
$54.3M
Q1 25
$140.9M
$60.1M
Q4 24
$197.6M
$76.7M
Q3 24
$191.2M
$119.0M
Q2 24
$175.9M
$114.9M
Q1 24
$223.4M
$120.3M
Stockholders' Equity
HIPO
HIPO
TALK
TALK
Q4 25
$436.1M
$117.0M
Q3 25
$421.5M
$109.1M
Q2 25
$332.5M
$112.9M
Q1 25
$322.8M
$113.4M
Q4 24
$362.1M
$117.4M
Q3 24
$326.4M
$117.6M
Q2 24
$322.6M
$114.0M
Q1 24
$351.2M
$119.6M
Total Assets
HIPO
HIPO
TALK
TALK
Q4 25
$1.9B
$134.9M
Q3 25
$1.9B
$129.1M
Q2 25
$1.7B
$132.8M
Q1 25
$1.5B
$134.2M
Q4 24
$1.5B
$138.7M
Q3 24
$1.5B
$138.2M
Q2 24
$1.5B
$133.8M
Q1 24
$1.5B
$138.3M

Cash Flow & Capital Efficiency

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

Metric
HIPO
HIPO
TALK
TALK
Operating Cash FlowLast quarter
$9.2M
$5.4M
Free Cash FlowOCF − Capex
$9.1M
FCF MarginFCF / Revenue
7.6%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
1.53×
1.13×
TTM Free Cash FlowTrailing 4 quarters
$14.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HIPO
HIPO
TALK
TALK
Q4 25
$9.2M
$5.4M
Q3 25
$16.9M
$4.7M
Q2 25
$24.7M
$-351.0K
Q1 25
$-35.6M
$-1.2M
Q4 24
$47.5M
$3.7M
Q3 24
$46.8M
$6.2M
Q2 24
$-10.6M
$4.8M
Q1 24
$17.7M
$-3.4M
Free Cash Flow
HIPO
HIPO
TALK
TALK
Q4 25
$9.1M
Q3 25
$16.8M
Q2 25
$24.6M
Q1 25
$-35.7M
Q4 24
$47.2M
Q3 24
Q2 24
$-10.7M
$4.5M
Q1 24
$17.6M
$-3.8M
FCF Margin
HIPO
HIPO
TALK
TALK
Q4 25
7.6%
Q3 25
13.9%
Q2 25
21.0%
Q1 25
-32.4%
Q4 24
46.3%
Q3 24
Q2 24
-11.9%
9.7%
Q1 24
20.7%
-8.3%
Capex Intensity
HIPO
HIPO
TALK
TALK
Q4 25
0.1%
Q3 25
0.1%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.3%
Q3 24
0.0%
Q2 24
0.1%
0.7%
Q1 24
0.1%
0.8%
Cash Conversion
HIPO
HIPO
TALK
TALK
Q4 25
1.53×
1.13×
Q3 25
0.17×
1.46×
Q2 25
19.00×
Q1 25
-3.90×
Q4 24
1.07×
3.02×
Q3 24
3.31×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

HIPO
HIPO

Segment breakdown not available.

TALK
TALK

Payor Revenue$47.7M76%
Dte Revenue$11.6M18%
Consumer$3.7M6%

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