Talkspace reported FY 2025 revenue of 228.87 million, up 22%, driven by a shift in revenue mix toward Payor. FY 2025 Payor revenue rose 38% to 171.52 million, supported by a 32% increase in completed Payor sessions to 1,617,000 and a 30% increase in health plan customers to 35. FY 2025 Consumer revenue fell 30% to 17.47 million as Consumer active members declined 30% to 5,000, which the company attributed to an intentional decision to focus marketing on attracting Payor members. FY 2025 net income was 7.79 million and adjusted EBITDA was 15.77 million. Talkspace said it entered into a merger agreement with Universal Health Services under which shareholders would receive USD 5.25 per share in cash, with the deal expected to close in Q3 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Talkspace Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-105146), on March 13, 2026, and is solely responsible for the information contained therein.
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