Talkspace Announces Fourth Quarter and Full Year 2025 Results 4Q 2025 total revenue grew 29% year-over-year to $63.0 million 4Q 2025 net income of $4.8 million and adjusted EBITDA1 of $6.6 million Full-year 2025 total revenue grew 22% year-over-year to $228.9 million Full-year 2025 net income of $7.8 million Full-year 2025 adjusted EBITDA1 grew 127% year-over-year to $15.8 million NEW YORK, New York - February 19, 2026 – Talkspace, Inc. ("Talkspace" or the "Company") (NASDAQ: TALK), today reported fourth qu ...

4Q 2025 total revenue grew 29% year-over-year to $63.0 million4Q 2025 net income of $4.8 million and adjusted EBITDA1 of $6.6 million Full-year 2025 total revenue grew 22% year-over-year to $228.9 millionFull-year 2025 net income of $7.8 millionFull-year 2025 adjusted EBITDA1 grew 127% year-over-year to $15.8 million NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Talkspace, Inc. (“Talkspace” or the “Company”) (NASDAQ: TALK), today reported fourth quarter and full year 2025 financial results. Three Months En ...

Core Insights - Talkspace, a leading behavioral healthcare company, will release its fourth quarter and full year 2025 results on February 19, 2026, before market open, followed by a conference call at 8:30am ET [1] Company Overview - Talkspace (NASDAQ: TALK) is a prominent virtual behavioral healthcare provider focused on improving mental health access and quality [3] - The company offers a wide range of mental health services, including therapy for individuals, teens, and couples, as well as psychiatric treatment and medication management for adults [4] - Talkspace's services are accessible through a fully-encrypted web and mobile platform that complies with HIPAA and other regulatory requirements [5] Service Accessibility - Most Americans can access Talkspace services through health insurance plans, employee assistance programs, and partnerships with leading healthcare companies, or as a free benefit via employers, schools, or government agencies [5]

Market Overview - The mental health services market is significantly large and underpenetrated, with 46 million Americans experiencing mental health issues, representing 23% of the adult commercial population [2] - Among the military population, 2 million out of 10 million are affected, while 17 million or 25% of the 66 million Medicare beneficiaries also face mental health challenges [2] - The teen demographic shows that upwards of 10 million of the 20 million teens aged 13 to 17 are affected, with 40% of Talkspace patients being new to therapy [2] Company Positioning - The top requested employer benefit is mental health services, with coverage being a primary motivator for individuals seeking Talkspace's services [3] - 44% of individuals aware of Talkspace have insurance that can be utilized for their mental health benefits [3] - Talkspace serves a market of 200 million covered lives, including commercial and Medicare beneficiaries, as well as 10 million TRICARE lives, positioning the company uniquely to address the growing and underserved mental health market [3]

Group 1 - The article does not contain relevant content regarding company or industry insights [1]

Summary of Talkspace Conference Call Company Overview - **Company**: Talkspace - **Industry**: Mental Health Services Key Points and Arguments 1. **Market Size and Opportunity**: The mental health services market is large and underpenetrated, with 46 million Americans affected, representing 23% of the adult commercial population. Among military personnel, 2 million out of 10 million are affected, and 25% of Medicare beneficiaries (17 million) also face mental health issues. Additionally, 50% of teens aged 13 to 17 are affected, indicating a significant market opportunity for Talkspace [2][3][12]. 2. **Growth Metrics**: Talkspace has seen an annualized revenue growth rate of approximately 23% over the past three years, driven by a nearly 30% annual increase in payer sessions. The company anticipates reaching EBITDA positive performance in 2025, with guidance suggesting an increase from $7 million to approximately $15 million [3][4]. 3. **Operating Efficiency**: Operating expenses as a percentage of revenue are decreasing, contributing to improved EBITDA and operational leverage. The company is focused on activating its 200 million covered lives through various strategies [4][5]. 4. **Consumer Awareness and Marketing**: Only 44% of insured individuals are aware that Talkspace is a covered service. The company is enhancing consumer awareness through targeted marketing strategies, including paid media and partnerships with distribution platforms like Amazon and Zocdoc [4][5][6]. 5. **Partnerships and Collaborations**: Talkspace has established strategic partnerships with over 20 entities, including Tia for women's health, which helps refer patients to Talkspace. These partnerships enhance patient access to mental health services at little to no out-of-pocket cost [6][7]. 6. **Innovations in Patient Journey**: The company has implemented targeted innovations that have led to a 22% increase in checkouts and nearly a 50% increase in patients booking three sessions within the first 30 days. AI integration has been a significant factor in improving the patient journey [8][9]. 7. **Psychiatry Services Expansion**: Talkspace has expanded its psychiatry services, resulting in a 50% growth in this segment. The company has approximately 300 prescribers qualified to manage medications, enhancing its service offerings [10][11]. 8. **Youth Mental Health Initiatives**: The company has provided over 500,000 teenagers with free access to Talkspace through contracts with various government entities, addressing the teen mental health crisis [12]. 9. **AI Development**: Talkspace is developing a specialized AI agent for mental health support, designed to adhere to clinical standards and protect patient privacy. This AI will assist in risk recognition and decision-making while keeping clinicians involved [15][19]. 10. **Future Growth and Market Positioning**: Talkspace aims to leverage its first-mover advantage in the payer strategy and continue to improve the patient journey. The company is positioned to be a leader in applying AI to mental health services, with plans for further integration and partnerships [21][44]. Additional Important Content - **Consumer Engagement**: The AI agent is expected to serve as a gateway to therapy, providing support and potentially referring users to in-person care when necessary. This could also act as a maintenance tool for existing therapy patients [32][37]. - **Market Differentiation**: Talkspace differentiates itself from competitors by being a curated network rather than a matching service, maintaining deep relationships with therapists and ensuring quality oversight [25][26]. - **Long-term Vision**: The company is focused on continuous improvement of the patient experience and expanding its service offerings, including peer-to-peer support through acquisitions like Wisdo [52][54]. This summary encapsulates the key insights and strategic directions discussed during the Talkspace conference call, highlighting the company's growth potential and innovative approaches in the mental health services industry.

Market Opportunity & Performance - The company operates in a large and underpenetrated market, with 75 million people facing mental health conditions[5] - 40%+ of Talkspace patients are new to therapy[5] - The U S Behavioral Health Market is projected to have a CAGR of 7 9% from 2025E to 2030E[5] - The company has demonstrated top-line growth with a 24% revenue CAGR from 2022 to 2025E[6] - The company is experiencing profitability with 115% YoY EBITDA Growth[9] Growth Strategy - The company is focused on expanding coverage and activating lives through diversified growth strategies[13] - The company is driving consumer awareness through diversified channels, including paid media, organic initiatives, and partnerships[14] - The company is establishing strategic partnerships to drive high-intent referrals[18] - The company is improving the patient journey, leading to a +22% checkout conversion rate and +50% members completing 3 sessions in month 1[23] - The company is expanding its offerings to include psychiatry, social health, military & Medicare, and youth services[25, 26, 27] AI Initiatives - The company is developing a "safe" AI agent specifically designed for mental health support, utilizing clinically recognized standards of care with continuous human oversight, and privacy (HIPAA) protection[31] - The company's AI agent is trained on a massive mental health dataset to improve risk recognition, support appropriate decision-making, and avoid the pitfalls already seen in general-purpose AI systems[32]

Core Insights - Talkspace, Inc. (TALK) has shown a significant year-over-year growth of 25% in its most recent reported quarter, indicating a positive trend in its telehealth services [1] Group 1: Company Performance - The company is highlighted for the first time since April of the previous year, suggesting renewed interest and analysis in its performance [1] - The growth rate of 25% year-over-year reflects the company's ability to expand its market presence and potentially increase its customer base [1] Group 2: Investment Context - The Busted IPO Forum, led by Bret Jensen, focuses on stocks that are significantly under their offering price, which may include Talkspace as a potential investment opportunity [1]

Core Insights - Talkspace, Inc. (TALK) has shown a 25% year-over-year growth in its most recent reported quarter, indicating strong performance in the telehealth sector [1] Company Overview - Talkspace is highlighted for the first time since April of the previous year, suggesting renewed interest in the company's performance and potential [1] Investment Group Information - The Busted IPO Forum, led by Bret Jensen, focuses on stocks that have been public for 18 months to 6 years and are significantly under their offering price, indicating a strategy to identify undervalued investment opportunities [1]

Core Insights - Talkspace, a leading behavioral healthcare company, will participate in the 44th Annual J.P. Morgan Healthcare Conference on January 15, 2026, with a presentation by CEO Dr. Jon Cohen and CFO Ian Harris [1] Company Overview - Talkspace is a prominent virtual behavioral healthcare provider focused on improving mental health access and quality [3] - The company offers a range of mental health services, including therapy for individuals, teens, and couples, as well as psychiatric treatment and medication management for adults [4] - Talkspace's services are accessible through a fully-encrypted web and mobile platform that complies with HIPAA and other regulatory requirements [5] Service Features - Talkspace allows users to connect with licensed therapists via text, video, audio, or chat sessions, and offers unlimited asynchronous text messaging [4] - Most Americans can access Talkspace services through health insurance plans, employee assistance programs, and partnerships with healthcare companies [5]