In the third quarter of 2025, Talkspace reported total revenue growth of 25% year-over-year to $59.4 million, with a 42% increase in Payor revenue. Net income was $3.3 million, and adjusted EBITDA was $5.0 million. Share repurchases totaled $8.8 million. The CEO highlighted product enhancements and new partnerships driving revenue growth.

Key metrics for the third quarter of 2025 show a 25% revenue increase driven by Payor revenue, with a 23% decline in Consumer revenue. Costs and operating expenses increased by 21%, leading to a net income of $3.3 million, up 73% from the previous year. Adjusted EBITDA improved to $5.0 million.

Talkspace updates its 2025 financial guidance, expecting revenue between $226 million to $230 million and adjusted EBITDA between $14 million to $16 million. The company’s focus on enhancing mental health services and AI initiatives aims to ensure affordable behavioral health access for more members.

A reconciliation of GAAP results to non-GAAP results shows adjusted EBITDA of $4.9 million for the third quarter of 2025, an increase from $2.4 million in the same period in 2024. Non-recurring expenses primarily consisted of acquisition-related expenses. The company continues to use adjusted EBITDA as a key performance measure.

Read more at GlobeNewswire: Talkspace Announces Third Quarter 2025 Results