Company research
Talkspace, Inc.
CIK 1803901Updated Sep 24, 2026
SecurityTALK · NASDAQ · equity
Name history
Hudson Executive Investment Corp. · through Jun 17, 2021
TALK price & chart
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NASDAQ:TALK on TradingView ↗About the company
Talkspace, a Universal Health Services, Inc. subsidiary, is a leading virtual behavioral healthcare provider committed to helping people lead healthier, happier lives through access to high-quality mental healthcare. Through its subsidiaries and affiliates, Talkspace offers a comprehensive suite of mental health services - including therapy for individuals, teens, and couples as well as psychiatry and medication management. Among its offerings is Tee, a standalone, clinician-informed AI mental health guide available to those 18+ for 24/7 behavioral support.
In the news
Health-E Commerce® Collaborates with Talkspace to Expand Mental Health Services Available on FSA Store® and HSA Store® ↗
Shareholder Alert: The Ademi Firm investigates whether Talkspace, Inc. is obtaining a Fair Price for its Public Shareholders ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 134,863,000Source | 138,677,000Source | 142,221,000Source | 156,254,000Source |
| Property, Plant and EquipmentUSD | — | — | 314,000Source | 677,000Source |
| GoodwillUSD | 3,318,000Source | — | — | 0Source |
| Intangible Assets, Net (Excluding Goodwill)USD | — | — | 1,786,000Source | 2,529,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 37,352,000Source | 76,692,000Source | 123,908,000Source | 138,545,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 16,061,000Source | 9,643,000Source | 10,174,000Source | 9,640,000Source |
| Assets, CurrentUSD | 111,062,000Source | 130,182,000Source | 139,800,000Source | 152,557,000Source |
| Operating Lease, Right-of-Use AssetUSD | — | — | — | 400,000Source |
| Other Assets, NoncurrentUSD | 4,689,000Source | 8,495,000Source | 321,000Source | 491,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 17,848,000Source | 21,282,000Source | 23,575,000Source | 28,718,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 17,000Source | 17,000Source | 16,000Source | 16,000Source |
| Additional Paid in CapitalUSD | 378,384,000Source | 386,612,000Source | 389,014,000Source | 378,722,000Source |
| Retained Earnings (Accumulated Deficit)USD | -261,443,000Source | -269,236,000Source | -270,384,000Source | -251,202,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 57,000Source | 2,000Source | — | — |
| Stockholders' Equity Attributable to ParentUSD | 117,015,000Source | 117,395,000Source | 118,646,000Source | 127,536,000Source |
| Liabilities and EquityUSD | 134,863,000Source | 138,677,000Source | 142,221,000Source | 156,254,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 17,396,000Source | 19,023,000Source | 21,648,000Source | 27,318,000Source |
| Accounts Payable, CurrentUSD | 8,501,000Source | 7,710,000Source | 6,111,000Source | 6,461,000Source |
| Other Liabilities, NoncurrentUSD | 452,000Source | 569,000Source | 85,000Source | 461,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 2,875,000Source | 859,000Source | 1,196,000Source | 1,357,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 8,445,000Source | 9,173,000Source | 8,395,000Source | 12,116,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 6,418,000Source | -531,000Source | 534,000Source | 4,126,000Source |
| Increase (Decrease) in Accounts PayableUSD | 791,000Source | 1,599,000Source | -350,000Source | -968,000Source |
| Deferred Income Tax Expense (Benefit)USD | 0Source | -121,000Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 8,534,000Source | 11,704,000Source | -16,393,000Source | -61,077,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 4,904,000Source | — | — | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -28,877,000Source | -46,732,000Source | -141,000Source | -317,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 72,000Source | 171,000Source | — | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | — | — | 151,000Source | 350,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 17,203,000Source | 11,003,000Source | — | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -18,997,000Source | -12,188,000Source | 1,897,000Source | 1,683,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -39,340,000Source | -47,216,000Source | -14,637,000Source | -59,711,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | — | 0Source | 0Source | 68,000Source |
| Income Taxes Paid, NetUSD | 417,000Source | 96,000Source | 219,000Source | 122,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 8,445,000Source | 9,173,000Source | 8,395,000Source | 12,116,000Source |
| Amortization of Debt Issuance CostsUSD | — | — | 0Source | 0Source |
| Amortization of Intangible AssetsUSD | 600,000Source | 400,000Source | 700,000Source | 900,000Source |
| Deferred Other Tax Expense (Benefit)USD | 0Source | 0Source | — | — |
| General and Administrative ExpenseUSD | 21,767,000Source | 22,627,000Source | 21,315,000Source | 36,270,000Source |
| GoodwillUSD | 3,318,000Source | — | — | 0Source |
| Goodwill, Impairment LossUSD | — | — | — | 6,100,000Source |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill)USD | — | 0Source | 0Source | 6,134,000Source |
| Income Tax Expense (Benefit)USD | 574,000Source | 94,000Source | 218,000Source | 254,000Source |
| Net Income (Loss) Attributable to ParentUSD | 7,793,000Source | 1,148,000Source | -19,182,000Source | -79,672,000Source |
| Operating ExpensesUSD | 225,719,000Source | 90,333,000Source | 97,589,000Source | 143,496,000Source |
| Proceeds from Stock Options ExercisedUSD | 913,000Source | 2,010,000Source | 2,707,000Source | 3,181,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 228,871,000Source | 187,593,000Source | 150,045,000Source | 119,567,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | 3,152,000Source | -4,497,000Source | -23,209,000Source | -83,158,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 8,367,000Source | 1,242,000Source | -18,964,000Source | -79,418,000Source |
| Income Tax Expense (Benefit)USD | 574,000Source | 94,000Source | 218,000Source | 254,000Source |
| Net Income (Loss) Attributable to ParentUSD | 7,793,000Source | 1,148,000Source | -19,182,000Source | -79,672,000Source |
| Earnings Per Share, BasicUSD per share | 0.05Source | 0.01Source | -0.12Source | -0.51Source |
| Earnings Per Share, DilutedUSD per share | 0.04Source | 0.01Source | -0.12Source | -0.51Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 167,089,060Source | 168,906,900Source | 165,039,920Source | 156,885,256Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 173,648,431Source | 176,495,872Source | 165,039,920Source | 156,885,256Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 600,000Source | 400,000Source | 700,000Source | 900,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 2,875,000Source | — | — | — |
| General and Administrative ExpenseUSD | 21,767,000Source | 22,627,000Source | 21,315,000Source | 36,270,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 6,100,000Source |
| Gross ProfitUSD | — | 85,836,000Source | 74,380,000Source | 60,338,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 8,200,000Source | 1,078,000Source | -19,576,000Source | -79,788,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 0.05Source | 0.01Source | -0.12Source | -0.51Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 0.04Source | 0.01Source | -0.12Source | -0.51Source |
| Operating ExpensesUSD | 225,719,000Source | 90,333,000Source | 97,589,000Source | 143,496,000Source |
| Other Cost and Expense, OperatingUSD | 7,208,000Source | 6,542,000Source | 6,159,000Source | 6,591,000Source |
| Research and Development ExpenseUSD | 9,544,000Source | 10,510,000Source | 17,571,000Source | 21,659,000Source |
| Selling and Marketing ExpenseUSD | 53,803,000Source | 50,654,000Source | 52,544,000Source | 72,842,000Source |
Filing attachments
ex99-1.htm · 8-K · 2026-08-17
EX-99.1 4 ex99-1.htm JOINT PRESS RELEASE, DATED AUGUST 17, 2026 Exhibit 99.1 Universal Health Services, Inc. Completes Acquisition of Talkspace, Inc. Creates nation's first full continuum of behavioral healthcare services, supporting people across every stage of their mental health journey KING OF PRUSSIA, PA and NEW YORK, NY (Aug. 17, 2026) - Universal Health Services, Inc. (NYSE: UHS) today announced the successful completion of its acquisition of Talkspace, Inc. (NASDAQ: TALK), bringin…
Read attachment ↗ex99-1.htm · 8-K · 2026-05-29
EX-99.1 2 ex99-1.htm PRESS RELEASE Exhibit 99.1 MAY 29, 2026 TALKSPACE STOCKHOLDERS VOTE TO APPROVE ACQUISITION BY UHS New York, NY, May 29, 2026 (GLOBE NEWSWIRE) - Talkspace, Inc. (“Talkspace”) (Nasdaq: TALK) today announced that at the special meeting of Talkspace stockholders held on May 29, 2026, the Talkspace stockholders voted to approve the acquisition of Talkspace by Universal Health Services, Inc. (“UHS”) pursuant to the terms and conditions of the Agreement and Plan of Merger, …
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