Thryv Holdings Returns to Profitability in 2025 with Strong 34% SaaS Revenue Growth
THRY is trading near its 52-week low of $3.455 (11% above the low).
Summary
Thryv Holdings, Inc. reported a significant turnaround to net income for the full year 2025, driven by robust 34.2% growth in SaaS revenue and a successful strategic shift towards its AI-enabled platform.
Key Events · Earnings and Guidance · THRY
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Return to Net Income
The company reported consolidated net income of $0.3 million for the full year 2025, a significant turnaround from a net loss of $74.2 million in 2024.
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Strong SaaS Revenue Growth
SaaS revenue increased by 34.2% year-over-year to $461.0 million for the full year 2025, with SaaS revenue now contributing over 62% of total revenue.
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Significant SaaS Adjusted EBITDA Expansion
SaaS Adjusted EBITDA grew by 79.3% year-over-year to $73.8 million for the full year 2025, demonstrating improved profitability in the core segment.
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Positive Cash Flow Generation
Thryv Holdings generated $63.5 million in operating cash flow and $31.1 million in free cash flow for the full year 2025.
Analysis · THRY · Trade & Services
This 8-K filing announces Thryv Holdings' full-year 2025 financial results, showcasing a pivotal shift in the company's financial performance and strategic direction. The return to net income from a substantial loss in the prior year, coupled with impressive SaaS revenue and Adjusted EBITDA growth, indicates a successful transition away from legacy marketing services. The company's focus on its AI-enabled platform and the increasing contribution of SaaS to total revenue position it for continued growth in the small business software market. Investors should view these results as a strong indicator of improved operational efficiency and a validated business model.
At the time of this filing, THRY was trading at $3.85 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $170.8M. The 52-week trading range was $3.46 to $20.92. This filing was assessed with positive market sentiment and an importance score of 9 out of 10.