---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-053962"
form_type: "8-K"
ticker: "TALK"
cik: "0001803901"
company_name: "Talkspace, Inc."
filed_at: "2024-05-07T23:59:59+00:00"
generated_at: "2026-06-02T19:38:47.639706+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Talkspace reports first profitable quarter, revenue up 36% YoY to $45.4M

## Summary
- Revenue $45.4M (+36% YoY); Payor revenue surged 92%, consumer revenue fell 29%.
- GAAP net loss narrowed to $1.5M from $8.8M; first positive adjusted EBITDA of $0.8M.
- Gross margin slipped to 47.8% from 50.2% due to mix shift toward payor revenue.
- FY 2024 guidance unchanged: revenue $185M-$195M, adjusted EBITDA $4M-$8M.
- Completed payor sessions rose 65% to 284.2K; eligible lives hit 131.4M (+34% YoY).

## SEC filing metadata
- accession: 0000950170-24-053962
- form_type: 8-K
- ticker: TALK
- cik: 0001803901
- company_name: Talkspace, Inc.
- filed_at: 2024-05-07T23:59:59+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/1803901/000095017024053962/0000950170-24-053962-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803901/000095017024053962/talk-20240507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-053962
- JSON: https://secwatch.observer/filing/0000950170-24-053962.json
- Plain text: https://secwatch.observer/filing/0000950170-24-053962.txt

## Key facts
- Earnings Releases
  Talkspace, Inc. reported the quarter ended March 31, 2024 results: revenue $45,416, net income $(1,466). Guidance reaffirmed.
  - Period: the quarter ended March 31, 2024
  - Revenue: $45,416
  - Net income: $(1,466)
  - Guidance: reaffirmed
  - Result: reported results
  source text: of eligible lives at period end (in millions) 131.4 34% Number of completed Payor sessions 284.2 65% Number of Consumer active members at period end 11.1 (26)% Total revenue $45,416 36% Gross profit $21,731 30% Gross margin % 47.8% Operating expenses $23,410 (9)% Net loss $(1,466) 83% Adjusted EBITDA 1 $774 112% Cash and cash equivalents at period end
  evidence_url: https://www.sec.gov/Archives/edgar/data/1803901/000095017024053962/0000950170-24-053962-index.htm

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