NASDAQ$THRY

Thryv Holdings Inc · Q1 2025 earnings

Q1 2025 earnings · · Before market open · Investor relations

Briefing

Thryv Holdings reported Q1 2025, revenue of $142.7M, net income of $8.4M, diluted EPS of $0.22.

For Q1 2025, Thryv Holdings reported revenue of $142.7M, net income of $8.4M, diluted EPS was $0.22. The filing highlights segment performance, liquidity, and management commentary on the period.

  • Revenue $142.7M.
  • Net income $8.4M.
  • Diluted EPS $0.22.

Headline financials

Total Revenue

$181M

Previous: $234M-22.4%
EPS (adj)

$0.22

Previous: $0.22+0.0%
SaaS Adj EBITDA Margin

9.7%

Previous: 4.6%+110.9%
SaaS revenue ex-Keap

$92.2M

Previous: $74.3M+24.1%
Consolidated Adjusted EBITDA

$20.9M

Previous: $54.1M-61.4%
Consolidated Adj EBITDA Margin

11.5%

Previous: 23.2%-50.4%
SaaS Adjusted EBITDA

$10.8M

Previous: $3.44M+214.8%
Marketing Services Adj EBITDA

$10.1M

Previous: $50.7M-80.1%
Marketing Services Adj EBITDA Margin

14.4%

Previous: 31.8%-54.7%
Consolidated Adjusted Gross Profit

$124M

Previous: $160M-22.5%
Consolidated Gross Margin

65.8%

Previous: 65.8%+0.0%
Consolidated Adj Gross Margin

68.2%

Previous: 68.3%-0.1%
SaaS Gross Profit

$78.8M

Previous: $49.1M+60.4%
SaaS Gross Margin

70.9%

Previous: 66.1%+7.3%
SaaS Adjusted Gross Profit

$81.5M

Previous: $50.9M+60.2%
SaaS Adj Gross Margin

73.3%

Previous: 68.4%+7.2%
Marketing Services Gross Profit

$40.5M

Previous: $105M-61.2%
Marketing Services Gross Margin

57.7%

Previous: 65.6%-12.0%
Marketing Services Adj Gross Profit

$42.2M

Previous: $109M-61.2%
Marketing Services Adj Gross Margin

60.1%

Previous: 68.3%-12.0%
SaaS Clients

111.0K

Previous: 70.0K+58.6%
Seasoned NRR

103.0%

Previous: 94.0%+9.6%
SaaS Monthly ARPU

$335.00

No prior period
Net Income

-$9.62M

Previous: $8.42M-214.2%
Operating Income

-$3.03M

Previous: $31.1M-109.7%
Gross Profit

$119M

Previous: $154M-22.4%

Revenue & EPS history

Thryv · Revenue · Quarterly

$181M

Q1 2025-22.4%vs Q1 2024
Beat estimate in 14 of 15 quarters(93%)
ActualEstimate

Revenue by segment

Thryv · $210M total across 2 segments · Q2 2025

  • SaaS
    $115M—
  • Marketing Services
    $95.5M—

Forward guidance

Management discusses operating priorities, capital allocation, and sector risks in the quarterly filing.

Tailwinds

  • Headline results and segment trends anchor the quarter.
  • Liquidity supports operations and strategic initiatives.
  • MD&A outlines near-term priorities.

Headwinds

  • Macro, rates, or input costs may pressure margins.
  • One-time items affect comparability.
  • Execution risk on growth or restructuring plans.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2025

Historical avgQ1 2025

-2.5%

Avg return

Earnings day

-2.9%

Avg return

5 days after

-1.6%

Avg return

30 days after

44%

12 / 27 earnings

Positive

+12.0%

Q3 2023

Best reaction

-46.6%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025———
Q1 2026-2.2%+4.1%+6.0%
Q4 2025-46.6%-25.0%-36.5%
Q3 2025-30.8%-43.7%-51.9%
Q1 2025-9.2%-1.3%-2.9%
Q4 2024-6.1%-9.5%-27.7%
Q3 2024-7.8%-7.0%+2.5%
Q2 2024-6.9%-14.8%-6.5%
Q1 2024-9.2%-9.3%-11.0%
Q4 2023-5.9%-3.7%+4.6%
Q3 2023+12.0%+13.3%+12.5%
Q2 2023+1.9%+3.5%-12.4%
Q1 2023-4.8%-7.8%+9.2%
Q4 2022-0.5%-2.7%-9.4%
Q3 2022-12.1%-7.5%-6.4%
Q2 2022+6.1%+9.1%+1.4%
Q1 2022+2.5%-5.1%-2.9%
Q4 2021-0.1%+4.4%-4.2%
Q3 2021+9.8%+9.7%+15.6%
Q2 2020-2.8%-9.2%-14.2%
Q2 2021-2.8%-9.2%-14.2%
Q1 2020+11.5%+8.5%+27.6%
Q1 2021+11.5%+8.5%+27.6%
Q4 2020+6.5%+4.1%+18.0%
Q4 2018+6.5%+4.1%+18.0%
Q3 2020+3.5%+2.3%+4.5%
Q4 2019+3.5%+2.3%+4.5%
Q3 2019+3.5%+2.3%+4.5%
Q4 2017———
Q3 2017———
Q1 2017———
Q3 2015———
Q2 2015———
Q1 2015———
Q4 2014———
Q3 2014———
Q2 2014———
Q1 2014———
Q4 2013———
Q3 2013———
Q3 2012———
Q2 2012———
Q2 2013———
Q1 2013———
Q4 2012———

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