Completed Payor sessions increased 23% to 473,600; unique active Payor members rose 18.3% to 131,600.
Costs increased during the quarter
Cost of revenue rose 19.3% to USD 36.87 million, while general and administrative expense increased 12.7% to USD 6.46 million on USD 879,000 of merger-related costs.
Q2 revenue rises as Payor business grows
Talkspace posted Q2 revenue of USD 61.67 million, up 13.6% year over year, as Payor revenue climbed 27.1% to USD 51.5 million.
Net loss widened to USD 1.52 million; operating loss widened to USD 2.11 million.
Pending merger with Universal Health Services
A pending merger with Universal Health Services is expected to close in Q3 2026, with shares set to convert into USD 5.25 in cash.
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