---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-057758"
form_type: "8-K"
ticker: "TALK"
cik: "0001803901"
company_name: "Talkspace, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-09T00:48:52.207904+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Talkspace Q3 revenue $38.6M (+32% YoY), net loss improves 75% to $4.4M

## Summary
- Revenue $38.6M (+32% YoY); B2B payor revenue up 79%, consumer revenue down 32%.
- Net loss $4.4M vs $18.0M last year; Adjusted EBITDA loss $2.8M, improved 82% YoY.
- FY2023 revenue guidance raised to ~$146M; Adjusted EBITDA loss narrowed to $16-17M.
- B2B sessions 228.6k (+105% YoY); eligible lives 113M (+31% YoY).
- Expects break-even Adjusted EBITDA by end of Q1 2024 with ~$120M cash balance.

## SEC filing metadata
- accession: 0000950170-23-057758
- form_type: 8-K
- ticker: TALK
- cik: 0001803901
- company_name: Talkspace, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803901/000095017023057758/0000950170-23-057758-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803901/000095017023057758/talk-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-057758
- JSON: https://secwatch.observer/filing/0000950170-23-057758.json
- Plain text: https://secwatch.observer/filing/0000950170-23-057758.txt

## Key facts
- Earnings Releases
  Talkspace, Inc. reported the third quarter ended September 30, 2023 results: revenue $38,646, net income $(4,414). Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2023
  - Revenue: $38,646
  - Net income: $(4,414)
  - Guidance: reaffirmed
  - Result: reported results
  source text: 113 31% 113 31% Number of completed B2B sessions during the period 228.6 105% 600.8 102% Number of Consumer active members at period end 13.3 (26)% 13.3 (26)% Total revenue $38,646 32% $107,627 20% Gross profit $18,849 29% $53,409 21% Gross margin % 48.8% 49.6% Operating expenses $24,028 (30)% $74,035 (30)% Net loss $(4,414) 75% $(17,876) 71% Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803901/000095017023057758/0000950170-23-057758-index.htm

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