Growth Metrics

Talkspace (TALK) Cost of Revenue (2020 - 2026)

Talkspace recorded quarterly Cost of Revenue of $1.9 million in Q1 2026, down 98.5% quarter-over-quarter from $125.1 million in Q4 2025, and down 93.49% year-over-year from $28.8 million in Q1 2025.

Talkspace's Cost of Revenue history runs 7 years deep, the most recent figure standing at $1.9 million for Q1 2026.

  • In Q1 2026, Cost of Revenue fell 93.49% year-over-year to $1.9 million; the TTM figure through Mar 2026 stood at $192.6 million (up 47.65% YoY), while the FY2025 annual figure was $130.5 million, up 28.83% from the prior year.
  • Cost of Revenue came in at $1.9 million for Q1 2026 at Talkspace, down from $125.1 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $125.1 million in Q4 2025 to a low of -$53.5 million in Q4 2022.
  • A 5-year average of $25.9 million and a median of $18.5 million in 2022 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue slumped 179.93% in 2022 and soared 669.99% in 2023, its largest moves.
  • Talkspace's Cost of Revenue stood at -$53.5 million in 2022, then surged by 231.83% to $70.5 million in 2023, then declined by 11.0% to $62.8 million in 2024, then soared by 99.29% to $125.1 million in 2025, then slumped by 98.5% to $1.9 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $1.9 million, $125.1 million, and $34.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Veeva Systems 30.85 Bn 24.28 Bn 622.47 Mn 110.18 Mn
2 BrightSpring Health Services 12.29 Bn 11.41 Bn 482.22 Mn 260.92 Mn
3 Healthequity 7.80 Bn 7.48 Bn 256.31 Mn 26.83 Mn
4 Hinge Health 4.82 Bn 4.51 Bn 154.23 Mn 28.07 Mn
5 Doximity 4.21 Bn 3.46 Bn 125.97 Mn 112.73 Mn
6 Waystar Holding 4.18 Bn 4.03 Bn 268.04 Mn 45.83 Mn
7 10x Genomics 3.78 Bn 3.24 Bn 106.18 Mn 44.67 Mn
8 Privia Health 2.65 Bn 2.28 Bn 595.71 Mn 8.13 Mn
9 Omnicell 1.95 Bn 1.78 Bn 140.36 Mn 169.52 Mn
10 Talkspace 872.13 Mn 787.88 Mn 59.81 Mn 1.87 Mn

Historic Data

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DateValue
Mar 31, 2026 1.87 Mn
Mar 31, 2026 1.87 Mn
Dec 31, 2025 125.11 Mn
Dec 31, 2025 125.11 Mn
Sep 30, 2025 34.74 Mn
Sep 30, 2025 34.74 Mn
Jun 30, 2025 30.92 Mn
Jun 30, 2025 30.92 Mn
Mar 31, 2025 28.79 Mn
Mar 31, 2025 28.79 Mn
Dec 31, 2024 62.78 Mn
Dec 31, 2024 62.78 Mn
Sep 30, 2024 25.67 Mn
Sep 30, 2024 25.67 Mn
Jun 30, 2024 13.24 Mn
Jun 30, 2024 13.24 Mn
Mar 31, 2024 13.01 Mn
Mar 31, 2024 13.01 Mn
Dec 31, 2023 70.54 Mn
Dec 31, 2023 70.54 Mn
Sep 30, 2023 13.18 Mn
Sep 30, 2023 13.18 Mn
Jun 30, 2023 17.83 Mn
Jun 30, 2023 17.83 Mn
Mar 31, 2023 13.47 Mn
Mar 31, 2023 13.47 Mn
Dec 31, 2022 -53.51 Mn
Dec 31, 2022 -53.51 Mn
Sep 30, 2022 18.51 Mn
Sep 30, 2022 18.51 Mn
Jun 30, 2022 2.32 Mn
Jun 30, 2022 2.32 Mn
Mar 31, 2022 21.41 Mn
Mar 31, 2022 21.41 Mn
Dec 31, 2021 66.94 Mn
Dec 31, 2021 66.94 Mn
Sep 30, 2021 12.19 Mn
Sep 30, 2021 12.19 Mn
Jun 30, 2021 1.91 Mn
Jun 30, 2021 1.91 Mn
Mar 31, 2021 9.81 Mn
Mar 31, 2021 9.81 Mn
Dec 31, 2020 17.69 Mn
Dec 31, 2020 17.69 Mn
Sep 30, 2020 6.41 Mn
Sep 30, 2020 6.41 Mn
Jun 30, 2020 5.57 Mn
Jun 30, 2020 5.57 Mn