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Talkspace Valuation Multiples
Discover revenue and EBITDA valuation multiples for Talkspace and similar public comparables like GoodRx, Guiyang Longmaster, Teladoc, Compass Pathways and more.
Talkspace Overview
About Talkspace
Talkspace Inc is a behavioral healthcare company offering access to licensed therapists, psychologists, and psychiatrists through its technology platform. It serves clients including health plans, enterprises, and individual subscribers. Therapists address various mental health conditions, while psychiatrists cater to a higher acuity demographic. Revenue stems from payor and direct-to-enterprise clients, with contracts lasting one to three years. The majority of the Company’s operations and revenues are based in the United States.
Founded
2019
HQ
Employees
521
Website
Financials (LTM)
EV
$773M
Talkspace Financials
Talkspace reported last 12-month revenue of $245M and EBITDA of $21M.
In the same LTM period, Talkspace generated $105M in gross profit, $21M in EBITDA, and $12M in net income.
Revenue (LTM)
Talkspace P&L
In the most recent fiscal year, Talkspace reported revenue of $229M and EBITDA of $16M.
Talkspace expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $245M | XXX | $229M | XXX | XXX | XXX |
| Gross Profit | $105M | XXX | $98M | XXX | XXX | XXX |
| Gross Margin | 43% | XXX | 43% | XXX | XXX | XXX |
| EBITDA | $21M | XXX | $16M | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBIT Margin | 3% | XXX | 1% | XXX | XXX | XXX |
| Net Profit | $12M | XXX | $8M | XXX | XXX | XXX |
| Net Margin | 5% | XXX | 3% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Talkspace Stock Performance
Talkspace has current market cap of $865M, and enterprise value of $773M.
Market Cap Evolution
Talkspace's stock price is $5.18.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $773M | $865M | 0.0% | XXX | XXX | XXX | $0.05 |
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Start Free TrialTalkspace Valuation Multiples
Talkspace trades at 3.2x EV/Revenue multiple, and 37.2x EV/EBITDA.
EV / Revenue (LTM)
Talkspace Financial Valuation Multiples
As of April 21, 2026, Talkspace has market cap of $865M and EV of $773M.
Equity research analysts estimate Talkspace's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Talkspace has a P/E ratio of 72.5x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $865M | XXX | $865M | XXX | XXX | XXX |
| EV (current) | $773M | XXX | $773M | XXX | XXX | XXX |
| EV/Revenue | 3.2x | XXX | 3.4x | XXX | XXX | XXX |
| EV/EBITDA | 37.2x | XXX | 49.0x | XXX | XXX | XXX |
| EV/EBIT | 94.0x | XXX | 243.3x | XXX | XXX | XXX |
| EV/Gross Profit | 7.4x | XXX | 7.9x | XXX | XXX | XXX |
| P/E | 72.5x | XXX | 111.1x | XXX | XXX | XXX |
| EV/FCF | 124.0x | XXX | (686.1x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Talkspace Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.
Talkspace Margins & Growth Rates
Talkspace's revenue in the last 12 month grew by 23%.
Talkspace's revenue per employee in the last FY averaged $0.4M, while opex per employee averaged $0.2M for the same period.
Talkspace's rule of 40 is 35% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Talkspace's rule of X is 70% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Talkspace Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 23% | XXX | 24% | XXX | XXX | XXX |
| EBITDA Margin | 8% | XXX | 7% | XXX | XXX | XXX |
| EBITDA Growth | 82% | XXX | 104% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 35% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 70% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.4M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.2M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 22% | XXX | 24% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 9% | XXX | 10% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 4% | XXX | 4% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 42% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Talkspace Public Comps
See public comps and valuation multiples for other Mental Health Technology and Telemedicine & Virtual Care comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Talkspace | XXX | XXX | XXX | XXX | XXX | XXX |
| GoodRx | XXX | XXX | XXX | XXX | XXX | XXX |
| Guiyang Longmaster | XXX | XXX | XXX | XXX | XXX | XXX |
| Teladoc | XXX | XXX | XXX | XXX | XXX | XXX |
| Compass Pathways | XXX | XXX | XXX | XXX | XXX | XXX |
| Medley Inc. | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Talkspace M&A Activity
Talkspace acquired XXX companies to date.
Last acquisition by Talkspace was on XXXXXXXX, XXXXX. Talkspace acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Talkspace
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialTalkspace Investment Activity
Talkspace invested in XXX companies to date.
Talkspace made its latest investment on XXXXXXXX, XXXXX. Talkspace invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Talkspace
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Talkspace
| When was Talkspace founded? | Talkspace was founded in 2019. |
| Where is Talkspace headquartered? | Talkspace is headquartered in United States. |
| How many employees does Talkspace have? | As of today, Talkspace has over 521 employees. |
| Who is the CEO of Talkspace? | Talkspace's CEO is Jon R. Cohen. |
| Is Talkspace publicly listed? | Yes, Talkspace is a public company listed on Nasdaq. |
| What is the stock symbol of Talkspace? | Talkspace trades under TALK ticker. |
| When did Talkspace go public? | Talkspace went public in 2021. |
| Who are competitors of Talkspace? | Talkspace main competitors are GoodRx, Guiyang Longmaster, Teladoc, Compass Pathways. |
| What is the current market cap of Talkspace? | Talkspace's current market cap is $865M. |
| What is the current revenue of Talkspace? | Talkspace's last 12 months revenue is $245M. |
| What is the current revenue growth of Talkspace? | Talkspace revenue growth (NTM/LTM) is 23%. |
| What is the current EV/Revenue multiple of Talkspace? | Current revenue multiple of Talkspace is 3.2x. |
| Is Talkspace profitable? | Yes, Talkspace is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Talkspace? | Talkspace's last 12 months EBITDA is $21M. |
| What is Talkspace's EBITDA margin? | Talkspace's last 12 months EBITDA margin is 8%. |
| What is the current EV/EBITDA multiple of Talkspace? | Current EBITDA multiple of Talkspace is 37.2x. |
| What is the current FCF of Talkspace? | Talkspace's last 12 months FCF is $6M. |
| What is Talkspace's FCF margin? | Talkspace's last 12 months FCF margin is 3%. |
| What is the current EV/FCF multiple of Talkspace? | Current FCF multiple of Talkspace is 124.0x. |
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