Talkspace (TALK) Gross Margin (2020 - 2026)
Talkspace's Gross Margin came in at 40.22% for Q2 2026, down 2.86 percentage points from 43.07% a year earlier and down 1.31 percentage points from the prior quarter.
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Analysis
Talkspace (TALK) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Talkspace reported Gross Margin of 41.50%, down 2.83 percentage points year-over-year; for FY2025, it was 42.97%, down 2.79 percentage points from FY2024.
- Gross Margin has declined in each of the last five years, with a five-year change of -22.44 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 45.76% in FY2024 (-3.82 pp), 49.57% in FY2023 (-0.89 pp), 50.46% in FY2022 (-8.28 pp) and 58.74% in FY2021 (-6.67 pp).
- The Q2 2026 figure represents the lowest quarterly Gross Margin in data going back to Q2 2020.
- Year-over-year, Gross Margin has declined for 12 consecutive quarters, with an average year-over-year change of -3.20 percentage points over the last eight quarters.
- The fastest year-over-year change in Gross Margin over five years came in Q2 2023 (a gain of 1.23 percentage points), and the weakest in Q3 2021 (a drop of 16.41 percentage points).
- Business Quant data shows TALK's Gross Margin at 41.53% (Q1 2026), 42.74% (Q4 2025) and 41.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 93.06 Bn | 92.50 Bn | - | - |
| 2 | Natera | 59.36 Bn | 55.04 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 25.72 Bn | 24.15 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 24.93 Bn | 22.69 Bn | 1.11 Bn | 29.80% |
| 5 | Guardant Health | 23.83 Bn | 19.89 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 20.58 Bn | 11.72 Bn | - | - |
| 7 | Tempus AI | 14.35 Bn | 11.38 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 11.99 Bn | 12.46 Bn | - | - |
| 9 | BrightSpring Health Services | 11.21 Bn | 9.55 Bn | 492.75 Mn | 12.72% |
| 10 | Talkspace | 870.58 Mn | 719.00 Mn | 24.80 Mn | 40.22% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.22% |
| Mar 31, 2026 | 41.53% |
| Dec 31, 2025 | 42.74% |
| Sep 30, 2025 | 41.49% |
| Jun 30, 2025 | 43.07% |
| Mar 31, 2025 | 44.62% |
| Dec 31, 2024 | 44.20% |
| Sep 30, 2024 | 45.61% |
| Jun 30, 2024 | 45.49% |
| Mar 31, 2024 | 47.85% |
| Dec 31, 2023 | 49.44% |
| Sep 30, 2023 | 48.77% |
| Jun 30, 2023 | 49.97% |
| Mar 31, 2023 | 50.24% |
| Dec 31, 2022 | 53.49% |
| Sep 30, 2022 | 49.76% |
| Jun 30, 2022 | 48.74% |
| Mar 31, 2022 | 49.82% |
| Dec 31, 2021 | 54.75% |
| Sep 30, 2021 | 53.77% |
API Access
Talkspace Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=TALK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "TALK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=TALK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();