Talkspace, Inc.

Talkspace, Inc. reported full-year 2025 revenue of $228.9 million, achieving net income of $7.8 million. This represents a profitable year with operating income of $3.2 million. The company generated $8.5 million in net cash from operating activities. Key financial drivers included a gross profit of $98.4 million (calculated from revenue of $228.9M minus cost of revenue of $130.5M) and controlled operating expenses totaling $225.7 million. The balance sheet shows a strong liquidity position with total current assets of $111.1 million, including $37.4 million in cash and $55.2 million in marketable securities, against total current liabilities of $17.4 million. The company used $28.9 million in investing activities, primarily for purchases of marketable securities ($49.3M) and capitalized software costs ($10.6M), and used $19.0 million in financing activities, mainly for repurchasing common stock ($17.2M).

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