---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-016667"
form_type: "8-K"
ticker: "TALK"
cik: "0001803901"
company_name: "Talkspace, Inc."
filed_at: "2023-05-02T23:59:59+00:00"
generated_at: "2026-06-16T03:45:25.554693+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Talkspace Q1 revenue $33.3M (+11% YoY); net loss narrows; raises FY guidance

## Summary
- Revenue $33.3M (+11% YoY); B2B revenue up 71%; B2B sessions +90% to 171.7k.
- Net loss $(8.8)M improved from $(20.4)M; Adj. EBITDA loss $(6.4)M (65% improvement).
- FY 2023 revenue guidance raised to $130-135M; Adj. EBITDA loss improved to $(21)-(24)M.
- Expects break-even Adj. EBITDA by Q1 2024, one quarter earlier than prior guidance.
- Ends Q1 with $125M cash; total covered lives at 112M (including 14M added post-Q1).

## SEC filing metadata
- accession: 0000950170-23-016667
- form_type: 8-K
- ticker: TALK
- cik: 0001803901
- company_name: Talkspace, Inc.
- filed_at: 2023-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803901/000095017023016667/0000950170-23-016667-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803901/000095017023016667/talk-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-016667
- JSON: https://secwatch.observer/filing/0000950170-23-016667.json
- Plain text: https://secwatch.observer/filing/0000950170-23-016667.txt

## Key facts
- Earnings Releases
  Talkspace, Inc. reported first quarter ended March 31, 2023 results: revenue $33,336, net income $(8,758). Guidance raised.
  - Period: first quarter ended March 31, 2023
  - Revenue: $33,336
  - Net income: $(8,758)
  - Guidance: raised
  - Result: reported results
  source text: of B2B eligible lives at period end (in millions) 2 98 28 % Number of completed B2B sessions 171.7 90 % Number of B2C active members at period end 15.1 (32 )% Total revenue $ 33,336 11 % Gross profit $ 16,748 11 % Gross margin % 50.2 % 0.4 pts Operating expenses $ 25,787 (29 )% Net loss $ (8,758 ) 57 % Adjusted EBITDA 1 $ (6,430 ) 65 % Cash and cash
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803901/000095017023016667/0000950170-23-016667-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.