Virtual behavioral healthcare provider Talkspace's Q2 revenue misses estimates

Talkspace,.

05/08/2025 13:12

Overview

Talkspace Q2 revenue grows 18% yr/yr to $54.3 mln, missing estimates

Adjusted EBITDA improves to $2.3 mln, but misses analyst expectations

Company repurchased $1.4 mln worth of shares in Q2

Outlook

Talkspace expects 2025 revenue between $220 mln and $235 mln

Company forecasts 2025 adjusted EBITDA between $14 mln and $20 mln

Talkspace sees strong visibility for second half of 2025

Result Drivers

PAYOR REVENUE GROWTH - 35% year-over-year increase in Payor revenue drove total revenue growth, per CEO Dr. Jon Cohen

CONSUMER REVENUE DECLINE - Consumer revenue fell 32% year-over-year, partially offsetting overall revenue growth

TECHNOLOGY AND MARKETING INVESTMENTS - Sequential growth in unique active payor members and completed sessions attributed to investments in technology and marketing, according to CEO

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$54.31 mln
$54.70 mln (6 Analysts)
Q2 Net Income
-$541,000
Q2 Adjusted EBITDA
Miss
$2.28 mln
$3.21 mln (6 Analysts)
Q2 Operating Income
-$1.79 mln


Press Release: ID:nGNX9bl8hX

(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.)