Talkspace, Inc. (TALKW) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	238.4M	228.9M	187.6M	150.0M	119.6M
Cost of Revenue	137.7M	130.5M	101.8M	75.7M	59.2M
Gross Profit	100.7M	98.3M	85.8M	74.4M	60.3M
Operating Expenses
R&D Expense	11.7M	9.5M	10.5M	17.6M	21.7M
SG&A Expense	83.0M	75.6M	73.3M	73.9M	109.1M
General & Admin Expense	29.4M	21.8M	22.6M	21.3M	36.3M
Selling & Marketing Expense	53.7M	53.8M	50.7M	52.5M	72.8M
Other Expenses	8.8M	10.1M	6.5M	6.2M	6.6M
Total Operating Expenses	103.6M	95.2M	90.3M	97.6M	137.4M
Cost and Expenses	241.3M	225.7M	192.1M	173.3M	196.6M
Operating Income (EBIT)	(2.9M)	3.2M	(4.5M)	(23.2M)	(77.0M)
Non-Operating
Interest Income	3.7M	5.2M	5.7M	4.2M	3.7M
Interest Expense	945.0K	—	—	—	—
Net Interest Income	2.7M	5.2M	5.7M	4.2M	3.7M
Other Non-Op Income/Expense	4.6M	5.2M	5.7M	4.2M	(2.4M)
Non-Operating Income (excl Interest)	(4.7M)	(5.2M)	(5.7M)	(4.2M)	2.4M
EBT (Pre-Tax Income)	1.7M	8.4M	1.2M	(19.0M)	(79.4M)
Income Tax Expense	575.0K	574.0K	94.0K	218.0K	254.0K
Bottom Line
Net Income	1.2M	7.8M	1.1M	(19.2M)	(79.7M)
Earnings from Cont. Ops	1.2M	7.8M	1.1M	(19.2M)	(79.7M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.2M	7.8M	1.1M	(19.2M)	(79.7M)
Per Share
Basic EPS	$0.00	$0.05	$0.01	($0.12)	($0.51)
Diluted EPS	$0.00	$0.04	$0.01	($0.12)	($0.51)
Revenue Per Share	$1.42	$1.36	$1.11	$0.91	$0.76
Shares
Basic Shares Outstanding	168.4M	168.4M	168.9M	165.0M	156.9M
Diluted Shares Outstanding	173.8M	173.8M	176.5M	165.0M	156.9M
Profitability Metrics
EBITDA	6.2M	11.2M	2.1M	(17.8M)	(78.1M)
D&A	4.4M	2.9M	859.0K	1.2M	1.4M
EBIT	1.8M	8.4M	1.2M	(19.0M)	(79.4M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026