Talkspace's gross profit for the
three
months ended in Dec. 2024 was $21.5 Mil. Talkspace's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $85.8 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Talkspace's gross profit for the
three
months ended in Dec. 2024 was $21.5 Mil. Talkspace's Revenue for the
three
months ended in Dec. 2024 was $48.7 Mil. Therefore, Talkspace's Gross Margin % for the quarter that ended in Dec. 2024 was 44.20%.
Talkspace had a gross margin of 44.20% for the quarter that ended in Dec. 2024 => Durable competitive advantage
During the past 6 years, the highestGross Margin % of Talkspace was 65.41%. The lowest was 45.76%. And the median was 51.60%.
Warning Sign:
Talkspace Inc gross margin has been in long-term decline. The average rate of decline per year is -4.7%.
Talkspace Gross Profit Historical Data
The historical data trend for Talkspace's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Talkspace's Gross Profit
For the Health Information Services subindustry, Talkspace's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Talkspace's Gross Profit Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Talkspace's Gross Profit distribution charts can be found below:
* The bar in red indicates where Talkspace's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $85.8 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Talkspace (NAS:TALK) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Talkspace had a gross margin of 44.20% for the quarter that ended in Dec. 2024 => Durable competitive advantage
Talkspace Gross Profit Related Terms
Thank you for viewing the detailed overview of Talkspace's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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