MARKETS / NASDAQ / THRY

NASDAQ · SERVICES-ADVERTISING · MID CAP

Thryv Holdings, Inc. THRY

12 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$785.0M

▼ 4.7% YoY

Net income

$307,000

Free cash flow

$31.1M

▼ 44.6% YoY

In brief

What this company does

Thryv operates the Thryv Platform, a SaaS platform designed for active daily use by business owners and operators, who use it to build an online presence, manage leads, automate workflows, communicate with customers, create websites, manage social media content, process payments, and make data-informed decisions. As of December 31, 2025, it served approximately 230,000 SMB clients through its two business segments, SaaS and Marketing Services. It reports its results based on two reportable segments: SaaS, which includes its unified SMB marketing platform, supporting software solutions, related extensions, payment solutions, and professional services, and Marketing Services, which includes its legacy print and digital solutions business, which it plans to exit by the end of 2028. As of December 31, 2025, it had approximately 171,000 Marketing Services clients. As of December 31, 2025, it had 2,729 employees. It has grown through acquisitions, including its October 2024 acquisition of Keap, obtaining new clients that also bought its SaaS solutions.

Written from the business description in Thryv Holdings, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 26 February 2026. Every sentence was checked against that document before publication.

Growth

USD 785.0M

Revenue, FY2025 · full 12-year series below

Revenue $B Net income $B

FY2025 · Revenue 0.8 · Net income 0.0

Compound annual growth

Revenue

−13.2%

−6.7%

Net income

−82.2%

−71.0%

EPS, diluted

−81.1%

Returned to shareholders

−23.8%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at −6.7% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

0 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 7.2% · Net 0.0%

ROE

FY2025 · ROE 0.1%

Gross margin67.9%

Operating margin7.2%

Net margin0.0%

Return on assets0.0%

EBITDAUSD 87.8M

Each USD of equity produced 0 cents of profit this year.

Cash & shareholders

USD 5.0M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 31.1

Net buybacks $M Dividends $M

FY2025 · Dividends — · Net buybacks 5.0

Dividends paid—

Net buybacksUSD 5.0M

Share of profit1628.3%

Consecutive raises—

USD 5.0M in buybacks — 1628% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 688.6M

EquityUSD 218.1M

CashUSD 10.8M

Gross debtUSD 253.5M

Net debtUSD 242.7M

Current ratio1.00×

Net debt stands at 111% of equity.

The 12-year record

12 fiscal years

Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2014	2013	2012	2011
Revenue $B	0.8	0.8	0.9	1.2	1.1	1.1	1.4	1.8	1.8	1.4	1.3	1.5
Operating income $B	0.1	−0.0	−0.2	0.1	0.2	0.2	0.2	0.2	−0.0	−0.8	0.1	−0.4
EBITDA $B	0.1	0.0	−0.2	0.1	0.2	0.2	0.2	0.4	0.6	−0.1	0.5	−0.2
Income tax $B	0.0	0.0	−0.0	0.0	0.0	−0.1	0.0	0.0	0.0	−0.4	0.0	−0.1
Net income $B	0.0	−0.1	−0.3	0.1	0.1	0.1	0.0	0.1	−0.4	−0.8	0.0	−0.5
Free cash flow $B	0.0	0.1	0.1	0.1	0.1	0.2	0.2	0.3	0.4	0.3	0.3	0.4
EPS, diluted $	0.01	−2.00	−7.47	1.49	2.78	4.42	0.82	0.88	−21.43	−54.89	4.09	−51.75
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	·	·	·	·
ROE %	0.1	−42.5	−96.9	15.6	39.7	133.2	15.6	12.2	·	·	820.0	·
Shares out B	0.04	0.04	0.04	0.03	0.00	0.03	0.03	·	0.02	0.02	0.01	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 51 reconciliationsAUDITED

Reconciled in 12 of 19 fiscal years. 39 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityServices-Advertising

Listed onNASDAQ

Incorporated inDelaware

Fiscal year endsDecember 31

SEC categorysmaller reporting company

Data on record since2011