Talkspace, Inc.
2.7000-0.03 (-1.1%)
Oct 28, 4:00:00 PM EDT · NasdaqCM · TALK · USD
Key Stats
Market Cap
452.16MP/E (TTM)
135.00Basic EPS (TTM)
0.02Dividend Yield
0%Recent Filings
8-K
Talkspace acquires Wisdo Health
Talkspace announced its acquisition of Wisdo Health on October 6, 2025, integrating the AI-powered peer support platform to tackle loneliness and isolation affecting nearly half of U.S. adults. Wisdo's clinically proven tech, backed by peer-reviewed research showing up to 28% reductions in loneliness and depression, complements Talkspace's therapy services for holistic care. This move expands access across demographics while deepening engagement for payors and enterprises. Integration will enable seamless referrals and insights into care gaps.
10-Q
Q2 FY2025 results
Talkspace's revenue climbed 17.9% year-over-year to $54.3M in Q2 FY2025 ended June 30, 2025, fueled by a 35.3% surge in Payor revenue to $40.5M from more completed sessions, though Consumer revenue dropped 32.1% to $4.4M amid a strategic pivot. Gross margin held steady at 43.1%, while operating loss narrowed to $1.8M from $3.5M, thanks to lower general and administrative costs. YTD revenue rose 16.4% to $106.5M, with net loss shrinking to $0.2M and diluted EPS at $(0.00) on 168.1M shares, consistent with anti-dilutive effects. Cash and equivalents stood at $54.3M with $48.4M in marketable securities and no debt, but free cash flow turned negative at $(6.1M) (derived) due to software investments. Share repurchases totaled $8.4M YTD under the $40M program. Competition from new virtual health platforms remains a key risk.
8-K
Talkspace Q2 revenue surges
Talkspace reported Q2 2025 revenue of $54.3 million, up 18% year-over-year, fueled by 35% growth in Payor revenue to $40.5 million amid 29% more sessions and 25% more unique active Payor members, while Consumer revenue dropped 32%. Net loss narrowed to $0.5 million, with adjusted EBITDA surging 94% to $2.3 million, backed by tech and marketing investments yielding sequential user gains. The company repurchased $1.4 million in shares. Full-year guidance holds at $220-235 million revenue and $14-20 million adjusted EBITDA. Momentum builds, yet Consumer weakness lingers.
8-K
Annual meeting outcomes
Talkspace stockholders at the June 18, 2025 annual meeting elected Jon Cohen, Erez Shachar, and Madhu Pawar as Class I directors through 2028, with votes split notably on Shachar amid 78.71% turnout. They ratified Kost Forer Gabbay & Kasierer as auditors for the year ending December 31, 2025, with near-unanimous support. Advisory approval passed for executive compensation. Continuity holds firm.
10-Q
Q1 FY2025 results
Talkspace swung to a $0.3M net profit in Q1 2025 ended March 31, up from a $1.5M loss a year earlier, as revenue climbed 14.9% y/y to $52.2M on surging Payor demand—$37.8M, up 32.7%—while Consumer dipped 32.0% to $4.8M amid a strategic pivot. Gross margin slipped to 44.6% from 47.8%, yet operating loss narrowed 35.4% to $1.1M, with financial income at $1.5M boosting the bottom line; diluted EPS held at $0.00 on 175.5M shares, reconciling cleanly without anti-dilution flags. Cash burned $1.2M in operations but ended at $60.1M, plus $48.3M in marketable securities—no debt, and $22.1M left for share buybacks after retiring 2.5M shares. Free cash flow not disclosed in the 10-Q. Payor sessions hit 350K, a record. Regulatory hurdles in healthcare could still trip up scaling.
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