Thryv Holdings Returns to Profitability in 2025 with Strong 34% SaaS Revenue Growth

summarizeSummary

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.

check_boxKey Events

• 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.

• 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.

• 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.

• 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.

auto_awesomeAnalysis

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.