Talkspace (TALKW) 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 | - | - | 59.81 Mn | 1.87 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |