NASDAQ$THRY

Thryv Holdings Inc · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Thryv Holdings Inc reported Q2 2025 revenue of $210.5 million and net income of $13.9 million.

Thryv Holdings Inc delivered Q2 2025 revenue of $210.5 million, down 6% year-over-year, with SaaS revenue growing 48% to $115.0 million while Marketing Services declined 35%. Net income rose to $13.9 million from $5.5 million in the prior year quarter, supported by lower interest expense and operating efficiencies.

  • SaaS revenue increased 48% year-over-year to $115.0 million, driven by the Keap acquisition and client conversions from Marketing Services.
  • Marketing Services revenue fell 35% to $95.5 million due to secular print declines and accelerated client migrations to the Thryv Platform.
  • Net income more than doubled to $13.9 million, aided by reduced interest expense and cost management.
  • Total clients stood at 261,000, with SaaS clients rising 25% to 106,000 while Marketing Services clients declined.

Headline financials

Total Revenue

$210M

Previous: $224M-6.1%
EPS (adj)

$0.32

Previous: $0.15+113.3%
Net Income

$13.9M

Previous: $5.55M+151.1%
Operating Income

$29.5M

Previous: $31.3M-5.7%
Gross Profit

$147M

Previous: $149M-1.3%
Cash & Equivalents

$10.8M

Previous: $15.5M-30.2%
Total Assets

$688M

Previous: $785M-12.4%

Revenue & EPS history

Thryv · Revenue · Quarterly

$210M

Q2 2025-6.1%vs Q2 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—

Historical earnings impact

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

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

-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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