Talkspace, Inc. ("Talkspace") has reported its financial results for the fourth quarter and full year of 2025, revealing significant growth in various metrics.
For the fourth quarter of 2025, Talkspace's total revenue grew by 29% year-over-year to reach $63.0 million. This growth was driven by a 41% year-over-year increase in payor revenue, although it was partially offset by a 30% year-over-year decline in consumer revenue. The number of completed payor sessions also saw a 36% increase compared to the same period in the previous year.
In terms of profitability, the net income for the fourth quarter of 2025 was $4.8 million, marking a substantial 293% increase from the prior year. Similarly, the adjusted EBITDA for the same period stood at $6.6 million, reflecting a notable 147% increase compared to the fourth quarter of 2024.
Looking at the full year 2025, Talkspace's total revenue grew by 22% year-over-year to reach $228.9 million. This growth was primarily driven by a 38% year-over-year increase in payor revenue, although it was partially offset by a 30% year-over-year decline in consumer revenue. The number of completed payor sessions for the full year of 2025 increased by 32% compared to the previous year.
The company's net income for the full year 2025 was $7.8 million, representing a substantial 579% increase from the prior year. Additionally, the adjusted EBITDA for the full year of 2025 grew by an impressive 127% year-over-year to reach $15.8 million.
Looking ahead, Talkspace has provided financial guidance for 2026, expecting revenue to be in the range of $275 million to $290 million and adjusted EBITDA to be in the range of $30 million to $35 million.
Following these announcements, the company's shares moved 3.39%, and are now trading at a price of $3.96. For the full picture, make sure to review Talkspace's 8-K report.
