Revenue: As of FY2025 Q3, the actual value is USD 59.38 M, beating the estimate of USD 57.45 M.EPS: As of FY2025 Q3, the actual value is USD 0.02.EBIT: As of FY2025 Q3, the actual value is USD 2.198 M.<h3>Segment Revenue</h3><ul><li>Payor Revenue: $45.5 million for the three months ended September 30, 2025, up from $32.0 million for the same period in 2024, representing a 42.1% increase. For the nine months ended September 30, 2025, Payor revenue was $123.9 million, up from $90.5 million for the same period in 2024, representing a 36.9% increase.</li><li>DTE Revenue: $9.3 million for the three months ended September 30, 2025, down from $9.4 million for the same period in 2024, representing a 1.2% decrease. For the nine months ended September 30, 2025, DTE revenue was $28.2 million, down from $28.9 million for the same period in 2024, representing a 2.3% decrease.</li><li>Consumer Revenue: $4.6 million for the three months ended September 30, 2025, down from $6.0 million for the same period in 2024, representing a 23.1% decrease. For the nine months ended September 30, 2025, Consumer revenue was $13.8 million, down from $19.5 million for the same period in 2024, representing a 29.3% decrease.</li></ul><h3>Operational Metrics</h3><ul><li>Net Income: $3.3 million for the three months ended September 30, 2025, up from $1.9 million for the same period in 2024. For the nine months ended September 30, 2025, net income was $3.0 million, compared to a net loss of - $0.1 million for the same period in 2024.</li><li>Cost of Revenue: $34.7 million for the three months ended September 30, 2025, up from $25.7 million for the same period in 2024, representing a 35.4% increase. For the nine months ended September 30, 2025, cost of revenue was $94.4 million, up from $74.2 million for the same period in 2024, representing a 27.2% increase.</li><li>Research and Development Expenses: $1.8 million for the three months ended September 30, 2025, down from $2.3 million for the same period in 2024, representing a 22.4% decrease. For the nine months ended September 30, 2025, research and development expenses were $7.2 million, down from $8.0 million for the same period in 2024, representing a 10.7% decrease.</li><li>Sales and Marketing Expenses: $13.2 million for the three months ended September 30, 2025, up from $12.3 million for the same period in 2024, representing a 7.7% increase. For the nine months ended September 30, 2025, sales and marketing expenses were $41.4 million, up from $38.5 million for the same period in 2024, representing a 7.5% increase.</li><li>General and Administrative Expenses: $5.1 million for the three months ended September 30, 2025, consistent with the same period in 2024. For the nine months ended September 30, 2025, general and administrative expenses were $16.0 million, down from $17.7 million for the same period in 2024, representing a 9.3% decrease.</li><li>Depreciation and Amortization: $0.7 million for the three months ended September 30, 2025, up from $0.2 million for the same period in 2024, representing a 197.0% increase. For the nine months ended September 30, 2025, depreciation and amortization expenses were $2.1 million, up from $0.7 million for the same period in 2024, representing a 215.0% increase.</li></ul><h3>Cash Flow</h3><ul><li>Net Cash Provided by Operating Activities: $3.2 million for the nine months ended September 30, 2025, down from $7.6 million for the same period in 2024.</li><li>Net Cash Used in Investing Activities: - $17.7 million for the nine months ended September 30, 2025, up from - $3.8 million for the same period in 2024.</li><li>Net Cash Used in Financing Activities: - $18.5 million for the nine months ended September 30, 2025, up from - $8.7 million for the same period in 2024.</li></ul><h3>Future Outlook and Strategy</h3><ul><li>Core Business Focus: Talkspace, Inc. plans to continue focusing on increasing utilization within its Payor members and expanding enterprise customers. The company aims to leverage its scalable provider network to support multiple growth scenarios and achieve increased efficiencies and economies of scale.</li><li>Non-Core Business: The company has a share repurchase program in place, which was amended to authorize the repurchase of up to $40.0 million of its common stock. As of September 30, 2025, $11.8 million remained available under the Share Repurchase Program.</li></ul>

TalkSpace | 10-Q: FY2025 Q3 Revenue Beats Estimate at USD 59.38 M