Talkspace
Connects members to virtual therapy, psychiatry, and payor-covered behavioral health access.
Something off on this page? Send us feedback.
Profile
Runs a virtual behavioral-health platform for therapy, psychiatry, and medication management, with Wisdo adding AI-enabled peer support. Access is increasingly routed through health plans and employer programs, while the pending UHS acquisition could shift the public listing and ownership structure.
Provides virtual behavioral-health care through an encrypted web and mobile platform, connecting members with licensed therapists for individual, couples, and teen therapy across messaging, audio, and video.
Psychiatry and medication management extend the service beyond talk therapy, while Wisdo Health adds AI-supported peer communities, group coaching, and referral paths into clinical care. The operating footprint is concentrated in the United States, supported by an employee base and a large independent-provider network.
Revenue access now leans toward payor and employer channels rather than direct consumer subscriptions. The business depends on regulated virtual-care delivery, insurer and enterprise relationships, and completion conditions for the pending UHS acquisition, which is expected to lead to delisting if it closes.
Company facts
Key statistics
Year to date +49.6% · Average volume (30d) 1.8M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Aug 6, 2026Q2 FY26 | $0.01 | −$0.01 | −181.3% | $67.8M | $61.7M | −9.0% | −0.19% |
| Aug 4, 2026Q2 FY26 | $0.03 | −$0.01 | −133.3% | $67.9M | $61.7M | −9.2% | +1.36% |
| May 11, 2026Q1 FY26 | $0.02 | −$0.04 | −300.0% | $63.3M | $61.7M | −2.6% | −0.19% |
| Feb 19, 2026Q4 FY25 | $0.02 | $0.03 | +50.0% | $61.9M | $63.0M | +1.7% | +3.31% |
Financial highlights
| 12 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $52.2M | $54.3M | $59.4M | $63.0M | $61.7M | $61.7M | |
| Gross profit | $23.3M | $23.4M | $24.8M | $26.9M | $25.6M | $24.8M | |
| Operating income | −$1.1M | −$1.8M | $2.2M | $3.8M | −$7.1M | −$2.1M | |
| Net income | $318.0K | −$541.0K | $3.3M | $4.8M | −$6.3M | −$1.5M | |
| Diluted EPS | $0.00 | −$0.00 | $0.02 | $0.03 | −$0.04 | −$0.01 | |
| Gross margin | 44.6% | 43.1% | 41.7% | 42.7% | 41.5% | 40.2% | |
| Operating margin | -2.1% | -3.3% | 3.7% | 6.1% | -11.6% | -3.4% |
Fiscal years (4-quarter sums)FY21 $113.7M · FY22 $119.6M · FY23 $150.0M · FY24 $187.6M · FY25 $228.9M
Balance sheet, Jun 30, 2026Cash & short-term investments $91.0M · Total debt $0 · Total assets $136.4M · Shareholders' equity $112.1M
Dividends
No dividends on record.
Ownership
Shares outstanding 167.51M · Float 129.63M · 77.4% free float
Insiders — no current Form 4 position.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 11.26M | 6.72% | 13F | Aug 7, 2026 |
| Hudson Executive Capital LP | 9.80M | 5.85% | 13F | Aug 14, 2026 |
| Balyasny Asset Management L.P. | 6.86M | 4.09% | 13F | Aug 14, 2026 |
| Nexpoint Asset Management, L.P. | 6.79M | 4.05% | 13F | Aug 14, 2026 |
| FIL Ltd | 6.70M | 4.00% | 13F | Aug 13, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 18, 2026 | John Charles Reilly | officer: Chief Legal Officer, Secretary | −40,289 | $5.20 |
| Jun 12, 2026 | John Charles Reilly | officer: Chief Legal Officer, Secretary | −55,144 | $5.21 |
| Dec 11, 2025 | Gil Margolin | officer: Chief Technology Officer | −14,542 | $3.26 |
| Dec 2, 2025 | Gil Margolin | officer: Chief Technology Officer | −3,516 | $3.15 |
| Sep 12, 2025 | Gil Margolin | officer: Chief Technology Officer | −19,563 | $2.58 |
Peers
- Teladoc Health
Broadest virtual behavioral-health overlap via BetterHelp and payors
- LifeStance Health
Hybrid outpatient mental-health network with in-network payor access
- Amwell
Enterprise virtual-care platform overlapping health-plan delivery
- Hims & Hers Health
Consumer digital-health overlap in online psychiatry and therapy
- Universal Health Services
Behavioral-health provider scale and pending-acquirer comparator
- Acadia Healthcare
Public behavioral-health facility peer with outpatient overlap
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Talkspace | $5.25 | 0.00% | $879.4M | — | 31.8 | 3.6 | +13.6% |
| Teladoc Health | $6.50 | 0.00% | $1.18B | — | — | 0.5 | −4.0% |
| LifeStance Health | $12.36 | +0.49% | $4.77B | 94.9 | 56.0 | 3.0 | +26.1% |
| Amwell | $11.93 | +0.34% | $202.9M | — | — | 0.9 | −26.6% |
| Hims & Hers Health | $28.86 | +0.10% | $6.43B | — | 110.6 | 2.5 | +38.3% |
| Universal Health Services | $172.00 | +0.09% | $10.39B | 7.0 | 7.4 | 0.6 | +8.3% |
| Acadia Healthcare | $28.55 | −0.04% | $2.66B | — | 17.2 | 0.8 | −0.4% |
| Median | 51.0 | 36.6 | 0.9 | +3.9% |