Thryv Holdings Reports Strong Q1 2026 Earnings with SaaS Growth
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 30 2026
0mins
Should l Buy THRY?
Source: seekingalpha
- Revenue Beat: Thryv Holdings reported Q1 SaaS revenue of $116.7 million, reflecting a 5% year-over-year increase and exceeding expectations, indicating strong performance in the SaaS sector that is likely to drive future market share growth.
- Quality Customer Base: With 70% of revenue derived from quality customers and annualized client spending surpassing $4,500, the company demonstrates success in customer acquisition and retention, enhancing its competitive position in a crowded market.
- Marketing Services Revenue Shift: Although marketing services billings fell 33% year-over-year in Q1, management emphasized this as part of a strategic transition, aiming for long-term growth through upgrades to the SaaS platform, with plans to exit marketing services by 2028.
- Optimistic Outlook: The company raised its 2026 SaaS revenue guidance to a range of $463 million to $471 million, reflecting confidence in future growth, while maintaining adjusted EBITDA guidance, which is expected to continue bolstering investor confidence.
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Analyst Views on THRY
Wall Street analysts forecast THRY stock price to rise
5 Analyst Rating
2 Buy
3 Hold
0 Sell
Moderate Buy
Current: 3.810
Low
13.00
Averages
14.00
High
15.00
Current: 3.810
Low
13.00
Averages
14.00
High
15.00
About THRY
Thryv Holdings, Inc. is a provider of software-as-a-service (SaaS) solutions to small and medium-sized businesses (SMBs). Its segments include Thryv Marketing Services and Thryv SaaS. Thryv Marketing Services segment, which includes the Company’s Print and Digital solutions business. Thryv SaaS segment, which includes the Company's SaaS flagship all-in-one small business management modular software platform, which includes Command Center, Business Center, Marketing Center, ThryvPay, Thryv Add-Ons, and Keap Automations. Its solutions enable its SMB clients to attract and generate new business leads, manage their customer relationships efficiently with artificial intelligence (AI) tools and automations, and run their day-to-day operations. Its Business Center is designed to allow an SMB to streamline day-to-day business operations, including customer relationship management, appointment scheduling, estimate and invoice creation, and online review management.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Thryv Holdings Reports Strong Q1 2026 Earnings with SaaS Growth
- Revenue Beat: Thryv Holdings reported Q1 SaaS revenue of $116.7 million, reflecting a 5% year-over-year increase and exceeding expectations, indicating strong performance in the SaaS sector that is likely to drive future market share growth.
- Quality Customer Base: With 70% of revenue derived from quality customers and annualized client spending surpassing $4,500, the company demonstrates success in customer acquisition and retention, enhancing its competitive position in a crowded market.
- Marketing Services Revenue Shift: Although marketing services billings fell 33% year-over-year in Q1, management emphasized this as part of a strategic transition, aiming for long-term growth through upgrades to the SaaS platform, with plans to exit marketing services by 2028.
- Optimistic Outlook: The company raised its 2026 SaaS revenue guidance to a range of $463 million to $471 million, reflecting confidence in future growth, while maintaining adjusted EBITDA guidance, which is expected to continue bolstering investor confidence.
See More
Thryv Holdings Q1 Earnings Highlights
- Earnings Performance: Thryv Holdings reported a Q1 GAAP EPS of $0.10 with revenues of $167.7 million, indicating the company's stability in the market.
- SaaS Revenue Growth: The SaaS revenue reached $116.7 million, reflecting a 5.0% year-over-year increase, showcasing the company's ongoing growth potential in the software-as-a-service sector.
- Marketing Services Revenue Decline: Marketing services revenue fell to $50.9 million, a 27.5% decrease year-over-year, highlighting challenges faced by this business line amid competitive pressures.
- Adjusted EBITDA Performance: The consolidated adjusted EBITDA stood at $24.1 million, with an adjusted EBITDA margin of 14.4%, demonstrating stable overall profitability, although the SaaS segment's adjusted EBITDA margin was lower at 9.3%.
See More
Thryv Q1 SaaS Revenue Grows to 70% of Total Revenue
- SaaS Revenue Growth: Thryv's Q1 SaaS revenue reached $116.7 million, a 5% year-over-year increase, now representing 70% of total revenue, indicating the company's ongoing expansion in the small business market and strengthening customer base.
- Marketing Services Revenue Decline: Despite SaaS growth, marketing services revenue fell to $50.9 million, down 27.5% year-over-year, reflecting challenges from increased market competition and reduced customer spending.
- Net Income Turnaround: The company reported a net income of $4.5 million for Q1, translating to $0.10 per diluted share, a significant turnaround from a net loss of $9.6 million last year, enhancing investor confidence in the company's financial health.
- Stable Customer Retention: The seasoned net revenue retention rate stood at 93% for Q1, indicating Thryv's strong performance in maintaining existing customer relationships, while the SaaS client count reached 96,000, further solidifying its market position.
See More
Thryv Holdings Set to Release Q1 Earnings on April 30
- Earnings Announcement: Thryv Holdings (THRY) is set to announce its Q1 2023 earnings on April 30 before market open, with a consensus EPS estimate of $0.06, reflecting a significant year-over-year increase of 127.3%, indicating potential improvements in profitability.
- Revenue Expectations: Despite the optimistic EPS outlook, the revenue estimate stands at $161.68 million, representing a 10.9% year-over-year decline, which suggests challenges in revenue growth that could impact investor confidence.
- Historical Performance Review: Over the past year, THRY has not met EPS estimates 0% of the time, while it has achieved revenue estimates 75% of the time, indicating relative stability in revenue performance but a need for improvement in profitability.
- Expectation Revisions: In the last three months, there have been no upward revisions to EPS estimates, with one downward revision, while revenue estimates saw one upward revision and three downward revisions, reflecting a cautious market outlook on the company's future performance.
See More
Thryv (THRY) Q4 2024 Earnings Call Transcript
See More
Thryv Holdings to Release Q1 2026 Financial Results
- Earnings Release Schedule: Thryv Holdings will announce its Q1 2026 financial results on April 30 before the market opens, reflecting its ongoing performance and growth potential in the small business sector.
- Conference Call Details: Following the earnings release, Thryv will hold a conference call at 8:30 a.m. ET to discuss the financial results with the investment community, enhancing transparency and investor confidence.
- Registration Recommendation: The company advises investors to register a day in advance or at least 30 minutes before the call starts, emphasizing its commitment to a smooth investor experience.
- Global User Base: Thryv's platform is utilized by over 200,000 small businesses worldwide, offering AI-driven marketing solutions, showcasing its extensive influence and growth potential in the small business market.
See More
Thryv Holdings Reports Strong Q1 2026 Earnings with SaaS Growth
- Revenue Beat: Thryv Holdings reported Q1 SaaS revenue of $116.7 million, reflecting a 5% year-over-year increase and exceeding expectations, indicating strong performance in the SaaS sector that is likely to drive future market share growth.
- Quality Customer Base: With 70% of revenue derived from quality customers and annualized client spending surpassing $4,500, the company demonstrates success in customer acquisition and retention, enhancing its competitive position in a crowded market.
- Marketing Services Revenue Shift: Although marketing services billings fell 33% year-over-year in Q1, management emphasized this as part of a strategic transition, aiming for long-term growth through upgrades to the SaaS platform, with plans to exit marketing services by 2028.
- Optimistic Outlook: The company raised its 2026 SaaS revenue guidance to a range of $463 million to $471 million, reflecting confidence in future growth, while maintaining adjusted EBITDA guidance, which is expected to continue bolstering investor confidence.
See More
Thryv Holdings Q1 Earnings Highlights
- Earnings Performance: Thryv Holdings reported a Q1 GAAP EPS of $0.10 with revenues of $167.7 million, indicating the company's stability in the market.
- SaaS Revenue Growth: The SaaS revenue reached $116.7 million, reflecting a 5.0% year-over-year increase, showcasing the company's ongoing growth potential in the software-as-a-service sector.
- Marketing Services Revenue Decline: Marketing services revenue fell to $50.9 million, a 27.5% decrease year-over-year, highlighting challenges faced by this business line amid competitive pressures.
- Adjusted EBITDA Performance: The consolidated adjusted EBITDA stood at $24.1 million, with an adjusted EBITDA margin of 14.4%, demonstrating stable overall profitability, although the SaaS segment's adjusted EBITDA margin was lower at 9.3%.
See More
Thryv Q1 SaaS Revenue Grows to 70% of Total Revenue
- SaaS Revenue Growth: Thryv's Q1 SaaS revenue reached $116.7 million, a 5% year-over-year increase, now representing 70% of total revenue, indicating the company's ongoing expansion in the small business market and strengthening customer base.
- Marketing Services Revenue Decline: Despite SaaS growth, marketing services revenue fell to $50.9 million, down 27.5% year-over-year, reflecting challenges from increased market competition and reduced customer spending.
- Net Income Turnaround: The company reported a net income of $4.5 million for Q1, translating to $0.10 per diluted share, a significant turnaround from a net loss of $9.6 million last year, enhancing investor confidence in the company's financial health.
- Stable Customer Retention: The seasoned net revenue retention rate stood at 93% for Q1, indicating Thryv's strong performance in maintaining existing customer relationships, while the SaaS client count reached 96,000, further solidifying its market position.
See More
Thryv Holdings Set to Release Q1 Earnings on April 30
- Earnings Announcement: Thryv Holdings (THRY) is set to announce its Q1 2023 earnings on April 30 before market open, with a consensus EPS estimate of $0.06, reflecting a significant year-over-year increase of 127.3%, indicating potential improvements in profitability.
- Revenue Expectations: Despite the optimistic EPS outlook, the revenue estimate stands at $161.68 million, representing a 10.9% year-over-year decline, which suggests challenges in revenue growth that could impact investor confidence.
- Historical Performance Review: Over the past year, THRY has not met EPS estimates 0% of the time, while it has achieved revenue estimates 75% of the time, indicating relative stability in revenue performance but a need for improvement in profitability.
- Expectation Revisions: In the last three months, there have been no upward revisions to EPS estimates, with one downward revision, while revenue estimates saw one upward revision and three downward revisions, reflecting a cautious market outlook on the company's future performance.
See More
Thryv (THRY) Q4 2024 Earnings Call Transcript
See More
Thryv Holdings to Release Q1 2026 Financial Results
- Earnings Release Schedule: Thryv Holdings will announce its Q1 2026 financial results on April 30 before the market opens, reflecting its ongoing performance and growth potential in the small business sector.
- Conference Call Details: Following the earnings release, Thryv will hold a conference call at 8:30 a.m. ET to discuss the financial results with the investment community, enhancing transparency and investor confidence.
- Registration Recommendation: The company advises investors to register a day in advance or at least 30 minutes before the call starts, emphasizing its commitment to a smooth investor experience.
- Global User Base: Thryv's platform is utilized by over 200,000 small businesses worldwide, offering AI-driven marketing solutions, showcasing its extensive influence and growth potential in the small business market.
See More
