Talkspace, Inc.
A virtual therapy and psychiatry platform that connects users with licensed counselors through text, video, and audio sessions, serving employers, health plans, and individual subscribers. It was founded in 2012 by a husband-and-wife team who credited couples therapy with saving their own marriage and chose the name to evoke a safe space to talk. The company was acquired by Universal Health Services in 2026.
10-Q · Quarter ended Jun 30, 2026 · SEC filing ↗
The pending acquisition by Universal Health Services is reshaping Talkspace's financials before it closes. rose 13.6% to $61.7 million, driven by a 27.1% increase in payor revenue, but $0.9 million in merger-related costs contributed to a net loss of $1.5 million. The underlying business continues to grow, but the deal's costs and the approaching closure are now the dominant forces on the income statement.
Payor revenue grew 27% driven by session volume, while DTE and Consumer declined; merger costs widened net loss.
During the six months ended June 30, 2026, there were no material changes to the information contained in Part II, Item 7A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
During the six months ended June 30, 2026, there were no material changes to the information contained in Part II, Item 7A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.
Read original filing text →The Company has no material pending legal proceedings as of June 30, 2026. For more details see Note 6, “Commitments and Contingent Liabilities” in the Notes to the Condensed Consolidated Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q, whic…
The Company has no material pending legal proceedings as of June 30, 2026. For more details see Note 6, “Commitments and Contingent Liabilities” in the Notes to the Condensed Consolidated Financial Statements included in Part I, Item 1 of this Quarterly Report on Form 10-Q, which is incorporated herein by reference.
Read original filing text →In addition to the other information set forth in this Quarterly Report, you should carefully consider the factors discussed under Part I, Item 1A. “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. These factors could materially adv…
In addition to the other information set forth in this Quarterly Report, you should carefully consider the factors discussed under Part I, Item 1A. “Risk Factors” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. These factors could materially adversely affect our business, financial condition, liquidity, results of operations and capital position, and could cause our actual results to differ materially from our historical results or the results contemplated by any forward-looking statements contained in this Quarterly Report. During the six months ended June 30, 2026, there were no material changes to the information contained in Part I, Item 1A of the Company's Annual Report on Form 10-K for the year ended December 31, 2025.
Read original filing text →