Thryv Holdings, Inc. (THRY)

Thryv Holdings, Inc. provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States. It operates in two segments, Thryv Marketing Services and Thryv SaaS. The company provides print yellow pages, internet yellow pages, search engine marketing, and other digital media solutions, such as online display and social advertising, online presence and video, and search engine optimization tools. It also offers command center that enables SMBs to centralize all their communication through a modular, expandable, and customizable platform; and business center, a SMB day-to-day business operation, including customer relationship management, appointment scheduling, estimate and invoice creation, payments, document management, social media content, and online review management. In addition, the company provides marketing center, a marketing and advertising platform for AutoID, enhanced online presence, omni-channel paid campaigns, and marketing tools; Thryv Add-ons, which offers AI-assisted website development, SEO tools, google business profile optimization, Thryv Leads, and Hub by Thryv; and ThryvPay, a payment solution that allows users to get paid through credit card and ACH. Further, it provides Keap, a sales and marketing automation engine that helps small businesses. The company has a strategic partnership with Wix.com Ltd. to deliver integrated technology solutions to service-based small and medium businesses across the North America and globally. The company was formerly known as Dex Media Holdings, Inc. Thryv Holdings, Inc. was incorporated in 2012 and is headquartered in Grapevine, Texas.

Symbol
THRY
Exchange
Nasdaq
Sector
Technology
Industry
Software - Application
Market cap
$87.95M
52 week range
1.76 - 12.57

Valuation

Share price
$1.84 (close of 2026-09-23)
P/E (TTM)
-5.35x
Price to book
0.42x
Price to free cash flow
2.31x
Enterprise value
$322.54M
Book value per share
$4.76

Price performance

PeriodChange
1 day-8.00%
5 days-7.54%
1 month-11.54%
3 months-50.00%
6 months-38.05%
Year to date-69.59%
1 year-84.88%
3 years-89.99%
5 years-93.50%
All time-97.37%

Profitability and growth

Return on equity
0.14%
Return on invested capital
8.67%
Return on assets
0.04%
Return on capital employed
11.14%
Gross margin
67.86%
Net margin
0.04%
EBITDA margin
12.25%
Revenue growth
-4.75%
Net income growth
100.41%
Free cash flow growth
-44.64%

Cash flow and balance sheet

Free cash flow yield (TTM)
43.38%
Current ratio
1.00x
Net debt to EBITDA
3.61x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$785.01M
Cost of revenue
$252.31M
Gross profit
$532.71M
EBITDA
$96.17M
Net income
$307.00K
Earnings per share
$0.01
Research and development
$39.11M
Shares outstanding
43.62M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$785.01M$532.71M$307.00K$0.01
2024-12-31$824.16M$537.24M$-74.22M$-2.00
2023-12-31$916.96M$578.25M$-259.30M$-7.47
2022-12-31$1.20B$780.38M$54.35M$1.58
2021-12-31$1.11B$705.34M$101.58M$3.02
2020-12-31$1.11B$669.69M$149.22M$4.73
2019-12-31$1.42B$840.08M$35.50M$0.87
2018-12-31$1.78B$870.14M$52.27M$0.91
2014-12-31$1.81B$1.24B$-371.00M$-21.43
2013-12-31$1.44B$965.00M$-819.00M$-54.89

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3167.86%0.04%0.14%8.67%
2024-12-3165.19%-9.01%-37.69%-7.16%
2023-12-3163.06%-28.28%-169.81%-41.12%
2022-12-3164.90%4.52%14.22%6.54%
2021-12-3163.35%9.12%32.28%17.44%
2020-12-3160.36%13.45%75.83%20.32%
2019-12-3159.10%2.50%130.24%24.16%
2018-12-3148.76%2.93%12.20%39.03%
2014-12-3168.26%-20.44%33.07%-0.36%
2013-12-3166.83%-56.72%116.50%-26.10%

Cash and debt by year

Period endCashDebt
2025-12-31$10.75M$235.99M
2024-12-31$16.31M$271.21M
2023-12-31$18.22M$278.90M
2022-12-31$16.03M$399.81M
2021-12-31$11.26M$492.48M
2020-12-31$2.41M$528.40M
2019-12-31$1.91M$714.39M
2014-12-31$171.00M$2.27B
2013-12-31$156.00M$2.52B
2012-12-31$172.00M-

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$31.14M$25.25M
2024-12-31$56.25M$24.12M
2023-12-31$114.83M$22.20M
2022-12-31$119.34M$14.63M
2021-12-31$143.72M$8.09M
2020-12-31$205.01M$-2.90M
2019-12-31$244.53M$14.12M
2018-12-31$319.63M$39.60M
2014-12-31$370.00M$4.00M
2013-12-31$336.00M$4.00M

Investor relations

Next earnings report

Next confirmed report
2026-10-29

Past earnings dates

ReportedFiscal periodEPS estimate
2026-08-04Jun/2026$0.01
2026-04-30--
2026-02-26--
2025-10-30--
2025-07-30--
2025-05-01--
2025-02-27--
2024-11-07--

Filings and sources

Company website
thryv.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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