NASDAQ$THRY

Thryv Holdings Inc · Q4 2025 earnings

Q4 2025 earnings · · Before market open · Investor relations

Briefing

Thryv reported Q4 2025 total revenue growth of 14% YoY and 34% for the full year.

Fourth-quarter total revenue increased 14% year over year; full-year revenue grew 34% with Marketing Center revenue up more than 100%. Net income was $0.3 million in Q4 versus a large prior-year loss as SaaS mix improved.

  • Q4 revenue +14% YoY.
  • FY revenue +34% YoY.
  • Marketing Center revenue doubled in 2025.
  • SaaS platform transition progressing.

Headline financials

Total Revenue

$192M

Previous: $187M+2.7%
EPS (adj)

-$0.22

Previous: $0.19-215.8%
Net Income

$307K

Previous: $7.9M-96.1%
Operating Income

$10.2M

Previous: -$7.2M+241.1%
Gross Profit

$130M

Previous: $123M+6.0%

Revenue & EPS history

Thryv · Revenue · Quarterly

$192M

Q4 2025+2.7%vs Q4 2024
Beat estimate in 13 of 14 quarters(93%)
ActualEstimate

Revenue by segment

Thryv · $184M total across 2 segments · Q3 2023

  • Marketing Services
    $117M-48.0%
  • SaaS
    $67.4M+19.1%

Forward guidance

SaaS ARPU and Marketing Center cross-sell support continued growth.

Tailwinds

  • High SaaS revenue growth rates.
  • Improved profitability vs prior year.

Headwinds

  • Legacy print revenue decline.
  • SMB churn in economic downturns.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 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
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 2018+6.5%+4.1%+18.0%
Q4 2020+6.5%+4.1%+18.0%
Q3 2020+3.5%+2.3%+4.5%
Q3 2019+3.5%+2.3%+4.5%
Q4 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 2012
Q3 2013
Q2 2013
Q2 2012
Q1 2013
Q4 2012

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