Talkspace, Inc. (TALK)

Talkspace Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	214.59	187.59	150.05	119.57	113.67	76.19
Revenue Growth (YoY)	18.37%	25.02%	25.49%	5.19%	49.19%	99.56%
Cost of Revenue	129.12	108.3	81.82	65.82	56.26	30.69
Gross Profit	85.47	79.29	68.22	53.75	57.41	45.51
Selling, General & Admin	73.33	72.08	73.86	109.11	135.41	57.9
Research & Development	9.65	10.51	17.57	21.66	15.92	9.58
Operating Expenses	84.38	82.59	91.43	130.77	151.33	67.49
Operating Income	1.09	-3.3	-23.21	-77.02	-93.92	-21.98
Interest Expense	-0.41	-0.41	-0.15	-	-	-0.36
Interest & Investment Income	4.81	6	5.3	0.61	31.23	-
Other Non Operating Income (Expenses)	0.15	0.15	-0.9	3.13	-	-
EBT Excluding Unusual Items	5.64	2.44	-18.96	-73.28	-62.7	-22.35
Impairment of Goodwill	-	-	-	-6.13	-	-
Other Unusual Items	-1.2	-1.2	-	-	-	-
Pretax Income	4.44	1.24	-18.96	-79.42	-62.7	-22.35
Income Tax Expense	0.2	0.09	0.22	0.25	0.05	0.02
Net Income	4.24	1.15	-19.18	-79.67	-62.74	-22.37
Net Income to Common	4.24	1.15	-19.18	-79.67	-62.74	-22.37
Shares Outstanding (Basic)	168	169	165	157	87	13
Shares Outstanding (Diluted)	180	176	165	157	87	13
Shares Change (YoY)	7.07%	6.94%	5.20%	80.79%	549.55%	5.01%
EPS (Basic)	0.03	0.01	-0.12	-0.51	-0.72	-1.67
EPS (Diluted)	0.03	0.01	-0.12	-0.51	-0.72	-1.67
Free Cash Flow	7.24	11.7	-16.39	-61.08	-66.37	-15.3
Free Cash Flow Per Share	0.04	0.07	-0.10	-0.39	-0.77	-1.15
Gross Margin	39.83%	42.27%	45.47%	44.95%	50.50%	59.73%
Operating Margin	0.51%	-1.76%	-15.47%	-64.42%	-82.63%	-28.85%
Profit Margin	1.98%	0.61%	-12.78%	-66.63%	-55.20%	-29.36%
Free Cash Flow Margin	3.37%	6.24%	-10.93%	-51.08%	-58.39%	-20.08%
EBITDA	3.35	-2.44	-22.01	-75.67	-91.95	-21.6
EBITDA Margin	1.56%	-1.30%	-14.67%	-63.28%	-80.89%	-28.35%
D&A For EBITDA	2.26	0.86	1.2	1.36	1.97	0.38
EBIT	1.09	-3.3	-23.21	-77.02	-93.92	-21.98
EBIT Margin	0.51%	-1.76%	-15.47%	-64.42%	-82.63%	-28.85%
Effective Tax Rate	4.40%	7.57%	-	-	-	-

Updated Oct 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q