Talkspace (TALK) Operating Expenses (2020 - 2026)

For the trailing twelve months through Jun 30, 2026, Operating Expenses at Talkspace was $248.94 million, up 21.5% year-over-year; for FY2025, it was $225.72 million, up 17.5% from FY2024.

• Annual Operating Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 25.7% (FY2020 to FY2025).
• In prior years, Talkspace's Operating Expenses was $192.09 million in FY2024 (+10.9%), $173.25 million in FY2023 (+20.7%), $143.5 million in FY2022 (-10.7%) and $160.7 million in FY2021 (+123.7%).
• Quarterly Operating Expenses has run from a low of $23.41 million in Q1 2024 to a high of $99.22 million in Q4 2023 over five years.
• On a year-over-year basis, Operating Expenses has increased in each of the last six quarters, with growth averaging 34.1% over the last eight quarters.
• The strongest year-over-year quarter for Operating Expenses in the past five years was Q4 2023, with growth of 166.7%; the weakest was Q4 2024, with a decline of 51.5%.
• According to Business Quant data, Operating Expenses for the three prior quarters was $68.81 million (Q1 2026), $59.17 million (Q4 2025) and $57.18 million (Q3 2025).