Latest revenue
$167.7M
as of 2026-03-31
Latest net income
$4.5M
as of 2026-03-31
Net margin
2.7%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $176.1M
- Enterprise value
- $176.1M
- P/E (trailing)
- 573.5×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $14.28
- 52-wk low
- $1.91
- Beta
- —
- Shares out
- 44.3M
5-year trend
What this company does
Item 1. Business Overview Thryv is a software-led platform company focused on enabling small and medium-sized businesses (“SMBs”) to run and grow their businesses more efficiently with artificial intelligence (“AI”) tools and automations. Our strategy is centered on delivering a unified, extensible SaaS platform that supports customer acquisition, engagement, operations, and retention across the SMB lifecycle. As of December 31, 2025, we serve approximately 230,000 SMB clients through our two business segments: SaaS and Marketing Services. SaaS represents the strategic growth engine of the Company. Marketing Services is our legacy segment that we are actively managing and exiting as part of…
AI summary unavailable — showing raw filing excerpt
Generated from THRY's filing dated 2026-02-26
Key risks
Item 1A. Risk Factors Risk Factor Summary Our business and owning our common stock are subject to numerous risks and uncertainties, including those highlighted in “Risk Factors.” As a summary, these risks include, but are not limited to, the following: •significant competition for our Marketing Services solutions and SaaS offerings, which include companies who use components of our SaaS offerings provided by third parties; •our ability to transition our Marketing Services clients to our Thryv Platform, maintain transitioned clients on that platform and sell them additional or upgraded products, sell our platform into new markets or further penetrate existing markets; •variability in our…
AI summary unavailable — showing raw filing excerpt
Generated from THRY's filing dated 2026-02-26
Profitability
Gross margin
67.9%
4.1%Operating margin
7.2%
278.8%Net margin
0.0%
100.4%Return on equity
0.2%
100.3%Return on assets
0.0%
100.4%Leverage
Debt / equity
2.50×
31.9%Long-term debt / equity
1.07×
33.9%Debt / assets
71.4%
9.1%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $167.7M | -7.5% | $4.5M | +147.2% | 2.7% |
Q4 2025 2025-12-31 | $191.6M | +2.7% | $-42.0K | +99.3% | -0.0% |
Q3 2025 2025-09-30 | $201.6M | +12.1% | $5.7M | +106.9% | 2.8% |
Q2 2025 2025-06-30 | $210.5M | -6.1% | $4.3M | -22.3% | 2.0% |
Q1 2025 2025-03-31 | $181.4M | -22.4% | $-9.6M | -214.2% | -5.3% |
Q4 2024 2024-12-31 | $186.6M | — | $-6.1M | — | -3.3% |
Q3 2024 2024-09-30 | $179.9M | -2.2% | $-82.1M | -4580.7% | -45.6% |
Q2 2024 2024-06-30 | $224.1M | -10.9% | $5.5M | -65.3% | 2.5% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Advertising · SIC 7310
Your notes
Keep private notes on THRY — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$6.5M
Insider selling
$0
Net activity
+$6.5M
Distinct insiders
6
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns THRY
Institutional value
$30.7M
Total shares held
13.4M
Distinct holders
67
-91 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 3.8M | $10.5M | -6.2K (-0.2%) | Trimmed |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 1.8M | $4.9M | — | New |
| 3 | BROOKTREE CAPITAL MANAGEMENT | 923.6K | $2.5M | -435.3K (-32.0%) | Trimmed |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 634.6K | $1.7M | — | New |
| 5 | JANE STREET GROUP, LLC | 592.3K | $1.6M | -61.3K (-9.4%) | Trimmed |
| 6 | DIMENSIONAL FUND ADVISORS LP | 380.3K | $1.0M | -206.6K (-35.2%) | Trimmed |
| 7 | FEDERATED HERMES, INC. | 323.9K | $887.5K | +260.5K (+410.6%) | Added |
| 8 | VANGUARD FIDUCIARY TRUST CO | 273.1K | $748.4K | — | New |
| 9 | Nuveen, LLC | 270.0K | $739.7K | +201.0K (+291.4%) | Added |
| 10 | Vanguard Global Advisers, LLC | 260.4K | $713.4K | — | New |
| 11 | PARTHENON LLC | 184.7K | $506.1K | +0 (+0.0%) | No change |
| 12 | UBS Group AG | 154.7K | $423.8K | +67.4K (+77.2%) | Added |
| 13 | Minerva Advisors LLC | 144.3K | $395.5K | -4.0K (-2.7%) | Trimmed |
| 14 | BLAIR WILLIAM & CO/IL | 134.7K | $369.1K | -96.6K (-41.8%) | Trimmed |
| 15 | HSBC HOLDINGS PLC | 126.2K | $345.9K | -102.4K (-44.8%) | Trimmed |
| 16 | Bank of New York Mellon Corp | 123.6K | $338.6K | -4.2K (-3.3%) | Trimmed |
| 17 | ROYCE & ASSOCIATES LP | 119.1K | $326.2K | +0 (+0.0%) | No change |
| 18 | Invesco Ltd. | 115.8K | $317.3K | +7.3K (+6.8%) | Added |
| 19 | WINTON GROUP Ltd | 94.3K | $258.3K | +55.3K (+141.7%) | Added |
| 20 | Russell Investments Group, Ltd. | 85.8K | $235.1K | +82.3K (+2392.5%) | Added |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once THRY's latest filing finishes processing.