Talkspace Q3 revenue up 25%, beats estimates

Talkspace,.

30/10/2025 12:11

Overview

Talkspace Q3 revenue grows 25% yr/yr, beating analyst expectations

Net income for Q3 rises 73% yr/yr, driven by increased revenue

Company repurchased $8.8 mln in shares during Q3

Outlook

Talkspace expects 2025 revenue between $226 mln and $230 mln

Adjusted EBITDA for 2025 forecasted at $14 mln to $16 mln

Result Drivers

PAYOR REVENUE GROWTH - 42% year-over-year increase in Payor revenue drove overall revenue growth

PRODUCT ENHANCEMENTS - CEO credits product enhancements and new marketing strategies for positive momentum

ACQUISITION AND AI INITIATIVES - Acquisition of Wisdo Health and AI initiatives seen as key to expanding mental health services

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$59.38 mln
$57.46 mln (7 Analysts)
Q3 EPS
$0.02
Q3 Net Income
$3.25 mln
Q3 Adjusted EBITDA
Miss
$4.96 mln
$5.26 mln (7 Analysts)
Q3 Operating Income
$2.19 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the healthcare facilities & services peer group is "buy"

Wall Street's median 12-month price target for Talkspace Inc is $5.00, about 44.6% above its October 29 closing price of $2.77

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 39 three months ago

Press Release: ID:nGNXjJPnj

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)