Thryv Holdings, Inc. (THRY) Earnings
Thryv Holdings, Inc. is expected to report next earnings on July 29, 2026 (in NaN days), with a consensus EPS estimate of $-0.10. THRY has beaten EPS estimates in 3 of its last 12 reported quarters (average surprise +32.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 30, 2026 | $0.04 | $0.10 | +150.0% | $168M | +3.7% |
| Feb 26, 2026 | $0.40 | $0.55 | +36.5% | $192M | +0.2% |
| Oct 30, 2025 | $0.43 | $0.23 | -46.5% | $202M | +5.4% |
| Jul 30, 2025 | $0.46 | $0.42 | -8.7% | $210M | +4.8% |
| May 1, 2025 | $0.24 | $-0.22 | -191.7% | $181M | -10.7% |
| Feb 27, 2025 | $-0.07 | $0.19 | +371.4% | $187M | +1.8% |
| Nov 7, 2024 | $-2.53 | $-2.65 | -4.7% | $180M | -0.8% |
| Aug 1, 2024 | $0.41 | $0.33 | -19.5% | $224M | +1.0% |
| May 2, 2024 | $0.44 | $0.22 | -50.0% | $234M | +3.1% |
| Feb 22, 2024 | $0.41 | $0.32 | -22.0% | $236M | +1.9% |
| Nov 2, 2023 | $-0.65 | $-0.78 | -20.0% | $184M | +0.5% |
| Aug 3, 2023 | $0.56 | $0.43 | -23.2% | $251M | -0.2% |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q1 FY2026 · April 30, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
Joe Walsh mentioned 2025 was a solid year with SAS growth and AI acceleration. Transition from legacy to SaaS, next phase of becoming platform for small businesses. Marketing Center is fastest growing product. Acquisition of Keep strategic for platform capabilities. Thrive platform to launch in 2026, centered on unified growth platform. Focus on quality customers spending 400+ a month. Sean Wechter discussed AI strategy, including partnering with AI solutions, AI programs like budget optimizer, New Zealand Directory Assistance Program. Paul Rouse went over quarter financials and 2026 guidance.
Guidance
For 2026 first quarter, SAS revenue expected in range of 114 million to 115 million. Full year SAS revenue expected in range of 461 million to 471 million. First quarter SAS adjusted EBITDA expected in range of 12 million to 13 million. Full year SAS adjusted EBITDA expected in range of 70 million to 75 million. Full year marketing services revenue expected in range of 150 million to 160 million. Full year marketing services adjusted EBITDA expected in range of 30 million to 35 million.
Segment performance
SAS revenues grew 14.1% to 119 million in the fourth quarter and 34.2% year over year to 461 million for the full year. SAS adjusted EBITDA was 20 million in the fourth quarter within guidance and 73.8 million for the full year. SAS adjusted gross margin was 70.4% in the fourth quarter and 72.7% for the full year. Marketing services revenue was 72.6 million in the fourth quarter and 324 million for the full year. Growth in quality customers spending 400 a month or more grew by 3,000 or 18% year over year and now represents more than 20% of the client base. Clients with two or more SaaS products grew to 19,000 or 23% of the base.
Analyst Q&A
Q: How envision adoption curve of new platform, migration of existing customers, disruption?
A: Marketing Center has been growing, Keep gave bottom of funnel ability. MarketSellGrow platform is replatformed, some cannibalization from business center to it.
Q: View retention metrics and LTV dynamics of quality customer cohort?
A: Some new customers over 400/month, legacy platform shutdown led to some churn but quality customers have better retention.
Q: How go-to-market evolve for quality customers?
A: In-person sales for larger businesses, product-led growth for smaller.
Q: Pricing of new platform, transition of quality SaaS customers?
A: Streamlined pricing with low end for small businesses, mid and high tiers.
Q: AI functionality embedding, value and efficiency for customers?
A: AI augments platform, helps with call transcripts, lead grading, follow-ups, eliminating complexity.