vs
Talkspace, Inc.（TALK）与TELOS CORP（TLS）财务数据对比。点击上方公司名可切换其他公司
Talkspace, Inc.的季度营收约是TELOS CORP的1.3倍（$63.0M vs $46.8M），Talkspace, Inc.净利率更高（7.6% vs -34.9%，领先42.4%），TELOS CORP同比增速更快（77.4% vs 29.3%），过去两年TELOS CORP的营收复合增速更高（25.7% vs 17.8%）
Talkspace, Inc.是一家提供线上与移动端心理咨询服务的美国企业，由奥伦·弗兰克与罗尼·弗兰克创立于2012年，总部位于纽约。公司依托网页与移动端平台，帮助用户对接具备执业资质的心理咨询师与精神科医师，支持文字、音频、视频消息沟通，部分场景还可提供实时视频咨询服务。
泰洛斯公司（Telos Corporation）是一家信息技术与网络安全企业，总部位于美国弗吉尼亚州阿什本。公司主要服务对象为政府与企业客户，业务合同大部分来自美国国防部，核心客户涵盖美国军方、情报机构、民政部门以及北约盟友机构。
TALK vs TLS — 直观对比
营收规模更大
TALK
是对方的1.3倍
$46.8M
营收增速更快
TLS
高出48.1%
29.3%
净利率更高
TALK
高出42.4%
-34.9%
两年增速更快
TLS
近两年复合增速
17.8%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $63.0M | $46.8M |
| 净利润 | $4.8M | $-16.3M |
| 毛利率 | — | 35.0% |
| 营业利润率 | 6.1% | -39.6% |
| 净利率 | 7.6% | -34.9% |
| 营收同比 | 29.3% | 77.4% |
| 净利润同比 | 292.5% | -74.8% |
| 每股收益（稀释后） | — | $-0.22 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收TALKTLS
| Q4 25 | $63.0M | $46.8M | ||
| Q3 25 | $59.4M | $51.4M | ||
| Q2 25 | $54.3M | $36.0M | ||
| Q1 25 | $52.2M | $30.6M | ||
| Q4 24 | $48.7M | $26.4M | ||
| Q3 24 | $47.4M | $23.8M | ||
| Q2 24 | $46.1M | $28.5M | ||
| Q1 24 | $45.4M | $29.6M |
净利润TALKTLS
| Q4 25 | $4.8M | $-16.3M | ||
| Q3 25 | $3.3M | $-2.1M | ||
| Q2 25 | $-541.0K | $-9.5M | ||
| Q1 25 | $318.0K | $-8.6M | ||
| Q4 24 | $1.2M | $-9.3M | ||
| Q3 24 | $1.9M | $-28.1M | ||
| Q2 24 | $-474.0K | $-7.8M | ||
| Q1 24 | $-1.5M | $-7.4M |
毛利率TALKTLS
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 39.9% | ||
| Q2 25 | — | 33.2% | ||
| Q1 25 | 44.6% | 39.8% | ||
| Q4 24 | 44.2% | 40.3% | ||
| Q3 24 | 45.6% | 13.2% | ||
| Q2 24 | 45.5% | 34.1% | ||
| Q1 24 | 47.8% | 37.0% |
营业利润率TALKTLS
| Q4 25 | 6.1% | -39.6% | ||
| Q3 25 | 3.7% | -4.8% | ||
| Q2 25 | -3.3% | -27.5% | ||
| Q1 25 | -2.1% | -29.5% | ||
| Q4 24 | 1.2% | -37.6% | ||
| Q3 24 | 0.2% | -121.4% | ||
| Q2 24 | -7.6% | -30.3% | ||
| Q1 24 | -3.7% | -28.5% |
净利率TALKTLS
| Q4 25 | 7.6% | -34.9% | ||
| Q3 25 | 5.5% | -4.1% | ||
| Q2 25 | -1.0% | -26.5% | ||
| Q1 25 | 0.6% | -28.1% | ||
| Q4 24 | 2.5% | -35.4% | ||
| Q3 24 | 4.0% | -118.0% | ||
| Q2 24 | -1.0% | -27.2% | ||
| Q1 24 | -3.2% | -24.9% |
每股收益（稀释后）TALKTLS
| Q4 25 | — | $-0.22 | ||
| Q3 25 | $0.02 | $-0.03 | ||
| Q2 25 | — | $-0.13 | ||
| Q1 25 | $0.00 | $-0.12 | ||
| Q4 24 | $0.01 | $-0.13 | ||
| Q3 24 | $0.01 | $-0.39 | ||
| Q2 24 | $0.00 | $-0.11 | ||
| Q1 24 | $-0.01 | $-0.10 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $37.4M | $53.2M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $117.0M | $96.0M |
| 总资产 | $134.9M | $139.9M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资TALKTLS
| Q4 25 | $37.4M | $53.2M | ||
| Q3 25 | $39.5M | $59.0M | ||
| Q2 25 | $54.3M | $57.0M | ||
| Q1 25 | $60.1M | $57.8M | ||
| Q4 24 | $76.7M | $54.6M | ||
| Q3 24 | $119.0M | $69.8M | ||
| Q2 24 | $114.9M | $80.1M | ||
| Q1 24 | $120.3M | $93.9M |
股东权益TALKTLS
| Q4 25 | $117.0M | $96.0M | ||
| Q3 25 | $109.1M | $119.7M | ||
| Q2 25 | $112.9M | $118.4M | ||
| Q1 25 | $113.4M | $126.1M | ||
| Q4 24 | $117.4M | $127.1M | ||
| Q3 24 | $117.6M | $129.5M | ||
| Q2 24 | $114.0M | $149.1M | ||
| Q1 24 | $119.6M | $154.4M |
总资产TALKTLS
| Q4 25 | $134.9M | $139.9M | ||
| Q3 25 | $129.1M | $164.3M | ||
| Q2 25 | $132.8M | $165.0M | ||
| Q1 25 | $134.2M | $158.1M | ||
| Q4 24 | $138.7M | $158.2M | ||
| Q3 24 | $138.2M | $166.3M | ||
| Q2 24 | $133.8M | $182.4M | ||
| Q1 24 | $138.3M | $195.4M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $5.4M | $8.0M |
| 自由现金流经营现金流 - 资本支出 | — | $8.0M |
| 自由现金流率自由现金流/营收 | — | 17.0% |
| 资本支出强度资本支出/营收 | — | 0.1% |
| 现金转化率经营现金流/净利润 | 1.13× | — |
| 过去12个月自由现金流最近4个季度 | — | $29.4M |
8季度趋势，按日历期对齐
经营现金流TALKTLS
| Q4 25 | $5.4M | $8.0M | ||
| Q3 25 | $4.7M | $9.1M | ||
| Q2 25 | $-351.0K | $7.0M | ||
| Q1 25 | $-1.2M | $6.1M | ||
| Q4 24 | $3.7M | $-10.5M | ||
| Q3 24 | $6.2M | $-7.1M | ||
| Q2 24 | $4.8M | $-8.0M | ||
| Q1 24 | $-3.4M | $-350.0K |
自由现金流TALKTLS
| Q4 25 | — | $8.0M | ||
| Q3 25 | — | $8.7M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $-12.4M | ||
| Q3 24 | — | $-7.1M | ||
| Q2 24 | $4.5M | $-8.2M | ||
| Q1 24 | $-3.8M | $-447.0K |
自由现金流率TALKTLS
| Q4 25 | — | 17.0% | ||
| Q3 25 | — | 16.9% | ||
| Q2 25 | — | 19.0% | ||
| Q1 25 | — | 19.5% | ||
| Q4 24 | — | -47.0% | ||
| Q3 24 | — | -30.0% | ||
| Q2 24 | 9.7% | -28.9% | ||
| Q1 24 | -8.3% | -1.5% |
资本支出强度TALKTLS
| Q4 25 | — | 0.1% | ||
| Q3 25 | — | 0.9% | ||
| Q2 25 | — | 0.4% | ||
| Q1 25 | — | 0.4% | ||
| Q4 24 | — | 7.1% | ||
| Q3 24 | — | 0.2% | ||
| Q2 24 | 0.7% | 0.8% | ||
| Q1 24 | 0.8% | 0.3% |
现金转化率TALKTLS
| Q4 25 | 1.13× | — | ||
| Q3 25 | 1.46× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | -3.90× | — | ||
| Q4 24 | 3.02× | — | ||
| Q3 24 | 3.31× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
TALK
| Payor Revenue | $47.7M | 76% |
| Dte Revenue | $11.6M | 18% |
| Consumer | $3.7M | 6% |
TLS
| Security Solutions Segment | $44.8M | 96% |
| Secure Networks Segment | $1.9M | 4% |
