v3.26.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information
The following tables present the financial results of the Company's reportable segments, along with reconciliations of the segments' total consolidated Adjusted EBITDA to the consolidated net loss for the periods indicated (in thousands):

Three Months Ended September 30, 2026Integrated CareBetterHelpConsolidated
Revenue$398,461 $206,641 $605,102 
Cost of revenue, exclusive of depreciation, amortization, and stock-based compensation (1)128,677 61,478 
Advertising and marketing, exclusive of stock-based compensation (1)24,737 98,769 
Other segment expenses (2)170,166 41,917 
Adjusted EBITDA$74,881 $4,477 79,358 
Less adjustments to reconcile to consolidated net loss:
Stock-based compensation11,616 
Legal settlement costs and recoveries, net(600)
Acquisition, integration, and transformation costs1,565 
Restructuring costs4,404 
Amortization of intangible assets88,286 
Depreciation of property and equipment2,186 
Other expense (income), net285 
Interest expense4,935 
Interest income(7,040)
Loss before provision for income taxes(26,279)
Provision for income taxes655 
Net loss$(26,934)

Three Months Ended September 30, 2025Integrated CareBetterHelpConsolidated
Revenue$389,538 $236,901 $626,439 
Cost of revenue, exclusive of depreciation, amortization, and stock-based compensation (1)124,254 62,417 
Advertising and marketing, exclusive of stock-based compensation (1)32,302 134,599 
Other segment expenses (2)166,914 36,044 
Adjusted EBITDA$66,068 $3,841 69,909 
Less adjustments to reconcile to consolidated net loss:
Stock-based compensation16,996 
Goodwill impairment12,625 
Acquisition, integration, and transformation costs1,931 
Restructuring costs1,950 
Amortization of intangible assets85,757 
Depreciation of property and equipment2,612 
Other expense (income), net815 
Interest expense4,526 
Interest income(7,081)
Loss before provision for income taxes(50,222)
Provision for income taxes(715)
Net loss$(49,507)
Nine Months Ended September 30, 2026Integrated CareBetterHelpConsolidated
Revenue$1,188,211 $637,663 $1,825,874 
Cost of revenue, exclusive of depreciation, amortization, and stock-based compensation (1)394,454 183,593 
Advertising and marketing, exclusive of stock-based compensation (1)89,910 327,235 
Other segment expenses (2)507,447 119,995 
Adjusted EBITDA$196,400 $6,840 203,240 
Less adjustments to reconcile to consolidated net loss:
Stock-based compensation35,528 
Legal settlement costs and recoveries, net(600)
Acquisition, integration, and transformation costs4,319 
Restructuring costs17,283 
Amortization of intangible assets266,554 
Depreciation of property and equipment7,115 
Other expense (income), net2,672 
Interest expense15,412 
Interest income(20,011)
Loss before provision for income taxes(125,032)
Provision for income taxes4,647 
Net loss$(129,679)

Nine Months Ended September 30, 2025Integrated CareBetterHelpConsolidated
Revenue$1,170,516 $717,192 $1,887,708 
Cost of revenue, exclusive of depreciation, amortization, and stock-based compensation (1)381,649 191,308 
Advertising and marketing, exclusive of stock-based compensation (1)97,965 401,863 
Other segment expenses (2)517,005 100,605 
Adjusted EBITDA$173,897 $23,416 197,313 
Less adjustments to reconcile to consolidated net loss:
Stock-based compensation64,503 
Goodwill impairment71,763 
Acquisition, integration, and transformation costs6,777 
Restructuring costs11,989 
Amortization of intangible assets258,725 
Depreciation of property and equipment10,514 
Other expense (income), net(9,991)
Interest expense14,764 
Interest income(29,819)
Loss before provision for income taxes(201,912)
Provision for income taxes(26,733)
Net loss$(175,179)
(1)The significant segment expense categories and amounts align with the information that is regularly provided to the CODM.
(2)Other segment expenses for the corresponding reportable segment includes sales expenses, technology and development expenses, and general and administrative expenses, each exclusive of stock-based compensation.
Schedule of Geographic Data for Long-Lived Assets
Geographic data for long-lived assets (representing property and equipment, net) were as follows (in thousands):

As of
September 30,December 31,
20262025
United States$18,955 $22,796 
International5,451 4,176 
Total long-lived assets$24,406 $26,972