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Talkspace Reports 25% Revenue Surge, Eyes AI Growth

11/1/2025

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Summary

Story summary

Talkspace reported Q3 2025 revenue of $59.4 million, up 25% year over year, driven by a 42% rise in payer revenue.
The company completed 432,000 insurance-covered mental health sessions, up 37% year over year.
Direct-to-consumer revenue declined by 23%.
Talkspace Chief Executive Officer Jon Cohen said the company will focus on AI integration, including a proprietary model that outperforms general-purpose chatbots in identifying high-risk behaviors, to support growth and partnerships.

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Story summary

Talkspace reported Q3 2025 revenue of $59.4 million, up 25% year over year, driven by a 42% rise in payer revenue.
The company completed 432,000 insurance-covered mental health sessions, up 37% year over year.
Direct-to-consumer revenue declined by 23%.
Talkspace Chief Executive Officer Jon Cohen said the company will focus on AI integration, including a proprietary model that outperforms general-purpose chatbots in identifying high-risk behaviors, to support growth and partnerships.