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Talkspace, Inc.(TALK)Earnings, Financials & Key Ratios
TALK•NASDAQ
130.3× P/E·Price updated Jun 19, 2026
AboutTalkspace, Inc. operates as a virtual behavior healthcare company. It delivers healthcare through encrypted web and mobile platform. The company offers treatment options for every need, including psychiatry or adolescent, individual, or couples therapy. The members can send text, video, and voice messages to their therapists and engage in live video sessions. Talkspace, Inc. is based in New York, New York.Show more
- Revenue$229M+22.0%
- EBITDA$6M+265.7%
- Net Income$8M+578.8%
- EPS (Diluted)0.04+515.4%
- Gross Margin42.97%-6.1%
- EBITDA Margin2.63%+235.8%
- Operating Margin1.38%+157.5%
- Net Margin3.4%+456.4%
- ROE6.65%+583.6%
TALK Key Insights
Talkspace, Inc. (TALK) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 86 (top 14%)
- ✓Strong 5Y sales CAGR of 24.6%
- ✓Trading near 52-week high
- ✓Efficient asset utilization: 1.7x turnover
✗Weaknesses
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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TALK Price & Volume
Talkspace, Inc. (TALK) stock price & volume — 10-year historical chart
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TALK Growth Metrics
Talkspace, Inc. (TALK) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years24.61%
3 Years24.16%
TTM22.64%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM281.8%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-78.79%
Return on Capital
10 Years-49.95%
5 Years-31.4%
3 Years-6.56%
Last Year2.66%
TALK Recent Earnings
Talkspace, Inc. (TALK) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (27%)●Beat Revenue 6/12 qtrs (50%)
Q2 2026Latest
May 11, 2026Metric
Actual
Est
EPS
$0.04-300.0%
$0.02
Rev
$63M-0.5%
$64M
Q1 2026
Feb 19, 2026Metric
Actual
Est
EPS
$0.03+50.0%
$0.02
Rev
$63M+1.7%
$62M
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$0.02+0.0%
$0.02
Rev
$59M+3.4%
$57M
Q3 2025
Aug 5, 2025Metric
Actual
Est
EPS
$0.00-132.2%
$0.01
Rev
$54M-5.7%
$58M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 11, 2026 | $0.04vs $0.02-300.0% | $63Mvs $64M-0.5% |
| Q1 2026 | Feb 19, 2026 | $0.03vs $0.02+50.0% | $63Mvs $62M+1.7% |
| Q4 2025 | Oct 30, 2025 | $0.02vs $0.02+0.0% | $59Mvs $57M+3.4% |
| Q3 2025 | Aug 5, 2025 | $0.00vs $0.01-132.2% | $54Mvs $58M-5.7% |
Based on last 12 quarters of dataView full earnings history →
TALK Peer Comparison
Talkspace, Inc. (TALK) competitors in Virtual and consumer health clinics — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 OPRX | 93.45M | 4.98 | 18.44 | 18.78% | 6.37% | 5.47% | 0.20 | |
 ACMR | 7.28B | 109.87 | 80.20 | 15.24% | 9.48% | 5.13% | 0.16 | |
 MNMD | 2.04B | 20.69 | -10.04 | -102.48% | ||||
 CLOV | 2.59B | 5.00 | -29.41 | 40.34% | -2.58% | -17.08% | ||
 DOCS | 3.83B | 20.46 | 20.88 | 13.05% | 30.4% | 19.36% | 0.01 | |
 TDOC | 1.46B | 8.07 | -7.08 | -1.54% | -6.81% | -12.37% | 0.75 | |
 AMWL | 140.85M | 8.43 | -1.41 | -1.98% | -48.16% | -33.48% | 0.02 | |
 HIMS | 7.79B | 35.47 | 69.55 | 59% | -0.56% | -2.48% | 2.34 |
Compare TALK vs Peers
Talkspace, Inc. (TALK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
TALK Income Statement
Talkspace, Inc. (TALK) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 38.18M | 76.19M | 113.67M | 119.57M | 150.04M | 187.59M | 228.87M | 238.37M |
Revenue Growth % | - | 99.57% | 49.19% | 5.19% | 25.49% | 25.02% | 22% | 22.64% |
Cost of Goods Sold | 18.04M | 26.35M | 46.9M | 59.23M | 75.67M | 101.76M | 130.52M | 137.69M |
COGS % of Revenue | 47.26% | 34.59% | 41.26% | 49.54% | 50.43% | 54.24% | 57.03% | - |
Gross Profit | 20.14M▲ 0% | 49.84M▲ 147.5% | 66.77M▲ 34.0% | 60.34M▼ 9.6% | 74.38M▲ 23.3% | 85.84M▲ 15.4% | 98.35M▲ 14.6% | 100.68M▲ 0% |
Gross Margin % | 52.74% | 65.41% | 58.74% | 50.46% | 49.57% | 45.76% | 42.97% | 42.24% |
Gross Profit Growth % | - | 147.5% | 33.98% | -9.64% | 23.27% | 15.4% | 14.58% | - |
Operating Expenses | 49.56M | 71.82M | 160.69M | 137.36M | 97.59M | 90.33M | 95.2M | 103.57M |
OpEx % of Revenue | 129.82% | 94.26% | 141.37% | 114.88% | 65.04% | 48.15% | 41.59% | - |
Selling, General & Admin | 32.9M | 57.9M | 135.41M | 109.11M | 73.86M | 73.28M | 75.57M | 83.05M |
SG&A % of Revenue | 86.16% | 76% | 119.13% | 91.26% | 49.22% | 39.06% | 33.02% | - |
Research & Development | 12M | 9.58M | 15.92M | 21.66M | 17.57M | 10.51M | 9.54M | 11.72M |
R&D % of Revenue | 31.42% | 12.58% | 14% | 18.11% | 11.71% | 5.6% | 4.17% | - |
Other Operating Expenses | 4.67M | 4.33M | 9.37M | 6.59M | 6.16M | 6.54M | 10.08M | 2M |
Operating Income | -29.43M▲ 0% | -21.98M▲ 25.3% | -93.92M▼ 327.3% | -77.02M▲ 18.0% | -23.21M▲ 69.9% | -4.5M▲ 80.6% | 3.15M▲ 170.1% | -2.89M▲ 0% |
Operating Margin % | -77.08% | -28.85% | -82.63% | -64.42% | -15.47% | -2.4% | 1.38% | -1.21% |
Operating Income Growth % | - | 25.3% | -327.27% | 17.99% | 69.87% | 80.62% | 170.09% | - |
EBITDA | -29.37M | -21.6M | -91.95M | -75.67M | -22.01M | -3.64M | 6.03M | 1.52M |
EBITDA Margin % | -76.93% | -28.35% | -80.89% | -63.28% | -14.67% | -1.94% | 2.63% | 0.64% |
EBITDA Growth % | - | 26.44% | -325.64% | 17.71% | 70.91% | 83.47% | 265.67% | 158.63% |
D&A (Non-Cash Add-back) | 59K | 379K | 1.97M | 1.36M | 1.2M | 859K | 2.88M | 4.41M |
EBIT | -29.43M | -21.98M | -62.7M | -79.42M | -23.21M | 1.24M | 8.37M | 1.78M |
Net Interest Income | 350K | -364K | 31.23M | 3.74M | 4.25M | 5.74M | 5.21M | 2.74M |
Interest Income | 350K | 0 | 31.23M | 3.74M | 4.25M | 5.74M | 5.21M | 3.69M |
Interest Expense | 0 | 364K | 0 | 0 | 0 | 0 | 0 | 945K |
Other Income/Expense | 350K | -364K | 31.23M | -2.39M | 4.25M | 5.74M | 5.21M | 4.63M |
Pretax Income | -29.08M▲ 0% | -22.35M▲ 23.2% | -62.7M▼ 180.6% | -79.42M▼ 26.7% | -18.96M▲ 76.1% | 1.24M▲ 106.5% | 8.37M▲ 573.7% | 1.74M▲ 0% |
Pretax Margin % | -76.16% | -29.33% | -55.15% | -66.42% | -12.64% | 0.66% | 3.66% | 0.73% |
Income Tax | 8K | 24K | 47K | 254K | 218K | 94K | 574K | 575K |
Effective Tax Rate % | -0.03% | -0.11% | -0.07% | -0.32% | -1.15% | 7.57% | 6.86% | 32.97% |
Net Income | -29.09M▲ 0% | -22.37M▲ 23.1% | -62.74M▼ 180.5% | -79.67M▼ 27.0% | -19.18M▲ 75.9% | 1.15M▲ 106.0% | 7.79M▲ 578.8% | 1.17M▲ 0% |
Net Margin % | -76.19% | -29.36% | -55.2% | -66.63% | -12.78% | 0.61% | 3.4% | 0.49% |
Net Income Growth % | - | 23.09% | -180.47% | -26.98% | 75.92% | 105.98% | 578.83% | 281.8% |
Net Income (Continuing) | -29.09M | -22.37M | -62.74M | -79.67M | -19.18M | 1.15M | 7.79M | 1.17M |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EPS (Diluted) | -0.00▲ 0% | -0.00▼ 100.0% | -0.72▼ 359900.0% | -0.51▲ 29.2% | -0.12▲ 76.5% | 0.01▲ 105.4% | 0.04▲ 515.4% | 0.01▲ 0% |
EPS Growth % | - | - | - | 29.17% | 76.47% | 105.42% | - | -78.79% |
EPS (Basic) | -0.00 | -0.00 | -0.72 | -0.51 | -0.12 | 0.01 | 0.05 | - |
Diluted Shares Outstanding | 133.59M | 165.18M | 154.08M | 156.89M | 165.04M | 176.5M | 173.75M | 173.75M |
Basic Shares Outstanding | 133.59M | 152.27M | 154.08M | 156.89M | 165.04M | 168.91M | 168.43M | 168.43M |
Dividend Payout Ratio | - | - | - | - | - | - | - | - |
TALK Balance Sheet
Talkspace, Inc. (TALK) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Total Current Assets | 41.35M | 20.68M | 213.33M | 152.56M | 139.8M | 130.18M | 111.06M | 110.5M |
Cash & Short-Term Investments | 39.63M | 13.25M | 198.26M | 138.54M | 123.91M | 117.81M | 92.59M | 84.21M |
Cash Only | 39.63M | 13.25M | 198.26M | 138.54M | 123.91M | 76.69M | 37.35M | 31.41M |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 41.12M | 55.23M | 52.8M |
Accounts Receivable | 897K | 5.91M | 5.51M | 9.64M | 10.17M | 9.64M | 16.06M | 23.59M |
Days Sales Outstanding | 8.58 | 28.33 | 17.7 | 29.43 | 24.75 | 18.76 | 25.61 | 26.8 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Days Inventory Outstanding | - | - | - | - | - | - | - | - |
Other Current Assets | 820K | 1.4M | 9.56M | 4.37M | 5.72M | 2.73M | 2.42M | 2.69M |
Total Non-Current Assets | 580K | 12.2M | 10.28M | 3.7M | 2.42M | 8.49M | 23.8M | 25.69M |
Property, Plant & Equipment | 133K | 175K | 624K | 677K | 314K | 6.26M | 15.79M | 18M |
Fixed Asset Turnover | 287.05x | 435.37x | 182.17x | 176.61x | 477.85x | 29.97x | 14.49x | 16.83x |
Goodwill | 0 | 6.13M | 6.13M | 0 | 0 | 0 | 3.32M | 3.43M |
Intangible Assets | 0 | 5.2M | 3.44M | 2.53M | 1.79M | 1.34M | 0 | 0 |
Long-Term Investments | 447K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Assets | 0 | 692K | 82K | 491K | 321K | 897K | 4.69M | 4.27M |
Total Assets | 41.93M▲ 0% | 32.87M▼ 21.6% | 223.61M▲ 580.2% | 156.25M▼ 30.1% | 142.22M▼ 9.0% | 138.68M▼ 2.5% | 134.86M▼ 2.8% | 136.19M▲ 0% |
Asset Turnover | 0.91x | 2.32x | 0.51x | 0.77x | 1.06x | 1.35x | 1.70x | 1.79x |
Asset Growth % | - | -21.6% | 580.21% | -30.12% | -8.98% | -2.49% | -2.75% | -8.68% |
Total Current Liabilities | 10.25M | 20.49M | 27.18M | 27.32M | 21.65M | 19.02M | 17.4M | 22.81M |
Accounts Payable | 5.34M | 7.9M | 7.43M | 6.46M | 6.11M | 7.71M | 8.5M | 11.65M |
Days Payables Outstanding | 108.03 | 109.43 | 57.82 | 39.82 | 29.48 | 27.66 | 23.77 | 25.44 |
Short-Term Debt | 0 | 0 | 0 | 200K | 0 | 0 | 0 | 0 |
Deferred Revenue (Current) | 3.14M | 5.17M | 7.19M | 4.36M | 3.07M | 3.28M | 2.22M | 11.18M |
Other Current Liabilities | 1.76M | 4.69M | 6.57M | 11.01M | 5.2M | 2.39M | 6.67M | 8.17M |
Current Ratio | 4.04x | 1.01x | 7.85x | 5.58x | 6.46x | 6.84x | 6.38x | 4.84x |
Quick Ratio | 4.04x | 1.01x | 7.85x | 5.58x | 6.46x | 6.84x | 6.38x | 4.84x |
Cash Conversion Cycle | - | - | - | - | - | - | - | 1.35 |
Total Non-Current Liabilities | 111.28M | 111.28M | 4.16M | 1.4M | 1.93M | 2.26M | 452K | 325K |
Long-Term Debt | 111.28M | 111.28M | 0 | 0 | 0 | 0 | 0 | 0 |
Capital Lease Obligations | 0 | 0 | 0 | 300K | 0 | 0 | 0 | 0 |
Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Current Liabilities | 0 | 0 | 4.16M | 1.1M | 1.93M | 2.26M | 452K | 325K |
Total Liabilities | 121.53M | 131.77M | 31.33M | 28.72M | 23.57M | 21.28M | 17.85M | 23.14M |
Total Debt | 111.28M | 111.28M | 0 | 500K | 0 | 0 | 0 | 0 |
Net Debt | 71.65M | 98.03M | -198.26M | -138.04M | -123.91M | -76.69M | -37.35M | -31.41M |
Debt / Equity | - | - | - | 0.00x | - | - | - | 0.00x |
Debt / EBITDA | - | - | - | - | - | - | - | 0.00x |
Net Debt / EBITDA | - | - | - | - | - | - | -6.20x | -20.64x |
Interest Coverage | - | -60.39x | - | - | - | - | - | 1.89x |
Total Equity | -79.6M▲ 0% | -98.9M▼ 24.2% | 192.27M▲ 294.4% | 127.54M▼ 33.7% | 118.65M▼ 7.0% | 117.39M▼ 1.1% | 117.02M▼ 0.3% | 113.06M▲ 0% |
Equity Growth % | - | -24.25% | 294.42% | -33.67% | -6.97% | -1.05% | -0.32% | -8.83% |
Book Value per Share | -0.60 | -0.60 | 1.25 | 0.81 | 0.72 | 0.67 | 0.67 | 0.65 |
Total Shareholders' Equity | -79.6M | -98.9M | 192.27M | 127.54M | 118.65M | 117.39M | 117.02M | 113.06M |
Common Stock | 11K | 1K | 15K | 16K | 16K | 17K | 17K | 17K |
Retained Earnings | -86.42M | -108.79M | -171.53M | -251.2M | -270.38M | -269.24M | -261.44M | -267.75M |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accumulated OCI | 0 | 0 | -223.61M | 0 | 0 | 2K | 57K | -43K |
Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
TALK Cash Flow Statement
Talkspace, Inc. (TALK) cash flow — operating, investing & free cash flow history
| Metric | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|
Cash from Operations | -21.19M | -15.18M | -65.71M | -61.08M | -16.39M | 11.7M | 8.53M | 5.36M |
Operating CF Margin % | -55.51% | -19.92% | -57.81% | -51.08% | -10.93% | 6.24% | 3.73% | - |
Operating CF Growth % | - | 28.39% | -333.02% | 7.05% | 73.16% | 171.4% | -27.08% | -355.63% |
Net Income | -29.09M | -22.37M | -62.74M | -79.67M | -19.18M | 1.15M | -5.21M | 1.17M |
Depreciation & Amortization | 59K | 379K | 1.97M | 1.36M | 1.2M | 859K | 2.88M | 3.46M |
Stock-Based Compensation | 3.4M | 2.98M | 27.41M | 12.12M | 8.39M | 9.17M | 8.45M | -10.18M |
Deferred Taxes | 0 | 0 | -31.78M | 0 | 0 | 0 | 0 | -472.84K |
Other Non-Cash Items | 0 | 0 | 175K | 3M | 748K | -371K | 10.66M | 17.89M |
Working Capital Changes | 4.43M | 3.84M | -738K | 2.12M | -7.55M | 895K | -8.23M | -6.8M |
Change in Receivables | -840K | -5.02M | 402K | -4.13M | -534K | 531K | -6.42M | -10.34M |
Change in Inventory | 0 | 0 | -3.66M | 0 | 0 | 0 | 0 | 0 |
Change in Payables | 3.28M | 2.56M | 503K | -968K | -350K | 1.6M | 791K | 1.13M |
Cash from Investing | -138K | -11.3M | -663K | -317K | -141K | -46.73M | -28.88M | -20.65M |
Capital Expenditures | -138K | -1.06M | -663K | -350K | -151K | -5.44M | 0 | -6.05M |
CapEx % of Revenue | 0.36% | 1.4% | 0.58% | 0.29% | 0.1% | 2.9% | 4.65% | 2.54% |
Acquisitions | 0 | -10.69M | 0 | 33K | 10K | 0 | -4.9M | -4.9M |
Investments | - | - | - | - | - | - | - | - |
Other Investing | 0 | 447K | 0 | 0 | 0 | -171K | -10.71M | 1.15M |
Cash from Financing | 51.5M | 94K | 251.38M | 1.68M | 1.9M | -12.19M | -19M | -13.37M |
Debt Issued (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Equity Issued (Net) | 51.2M | 94K | 251.43M | 3.18M | 2.71M | -11M | -16.29M | -10.48M |
Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Share Repurchases | 0 | 0 | 0 | 0 | 0 | -11M | -17.2M | -10.74M |
Other Financing | 297K | 0 | -50K | -1.5M | -810K | -1.19M | -2.71M | -2.89M |
Net Change in Cash | 30.17M▲ 0% | -26.38M▼ 187.4% | 185.01M▲ 801.2% | -59.71M▼ 132.3% | -14.64M▲ 75.5% | -47.22M▼ 222.6% | -39.34M▲ 16.7% | -28.67M▲ 0% |
Free Cash Flow | -21.33M▲ 0% | -15.3M▲ 28.3% | -66.37M▼ 333.8% | -61.43M▲ 7.5% | -16.54M▲ 73.1% | 6.26M▲ 137.8% | -2.11M▼ 133.7% | -6.49M▲ 0% |
FCF Margin % | -55.87% | -20.08% | -58.39% | -51.37% | -11.03% | 3.34% | -0.92% | -2.72% |
FCF Growth % | - | 28.27% | -333.79% | 7.45% | 73.07% | 137.84% | -133.65% | -195.46% |
FCF per Share | -0.16 | -0.09 | -0.43 | -0.39 | -0.10 | 0.04 | -0.01 | -0.04 |
FCF Conversion (FCF/Net Income) | 0.73x | 0.68x | 1.05x | 0.77x | 0.85x | 10.20x | 1.10x | -5.55x |
Interest Paid | 45K | 0 | 0 | 68K | 0 | 0 | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 122K | 219K | 96K | 0 | 33K |
TALK Key Ratios
Talkspace, Inc. (TALK) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | - | -134.39% | -49.82% | -15.58% | 0.97% | 6.65% | 1.03% |
Return on Invested Capital (ROIC) | - | - | - | - | -19.03% | 3.93% | -2.99% |
Gross Margin | 65.41% | 58.74% | 50.46% | 49.57% | 45.76% | 42.97% | 42.24% |
Net Margin | -29.36% | -55.2% | -66.63% | -12.78% | 0.61% | 3.4% | 0.49% |
Debt / Equity | - | - | 0.00x | - | - | - | 0.00x |
Interest Coverage | -60.39x | - | - | - | - | - | 1.89x |
FCF Conversion | 0.68x | 1.05x | 0.77x | 0.85x | 10.20x | 1.10x | -5.55x |
Revenue Growth | 99.57% | 49.19% | 5.19% | 25.49% | 25.02% | 22% | 22.64% |
Related:TALK Dividend History·TALK Revenue History·TALK Price History·TALK P/E History·TALK Financial Ratios·TALK Institutional Holders
TALK SEC Filings & Documents
Talkspace, Inc. (TALK) SEC filings — annual & quarterly reports (10-K, 10-Q)
TALK Frequently Asked Questions
Talkspace, Inc. (TALK) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Talkspace, Inc. (TALK) reported $238.4M in revenue for fiscal year 2025. This represents a 524% increase from $38.2M in 2019.
Talkspace, Inc. (TALK) grew revenue by 22.0% over the past year. This is strong growth.
Yes, Talkspace, Inc. (TALK) is profitable, generating $1.2M in net income for fiscal year 2025 (3.4% net margin).
Dividend & Returns
Talkspace, Inc. (TALK) has a return on equity (ROE) of 6.6%. This is below average, suggesting room for improvement.
Talkspace, Inc. (TALK) had negative free cash flow of $6.5M in fiscal year 2025, likely due to heavy capital investments.