(THRY) Thryv Holdings - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US8860292064

Stock: Software, Platform, Marketing, Payments, Directory

Total Rating 14
Risk 33
Buy Signal -2.16

EPS (Earnings per Share)

EPS (Earnings per Share) of THRY over the last years for every Quarter: "2020-12": 3.31, "2021-03": 1.1, "2021-06": 0.72, "2021-09": 0.95, "2021-12": 0.13, "2022-03": 0.88, "2022-06": 1.61, "2022-09": 0.37, "2022-12": 0.88, "2023-03": 0.25, "2023-06": 0.43, "2023-09": -0.78, "2023-12": 0.32, "2024-03": 0.22, "2024-06": 0.15, "2024-09": -2.65, "2024-12": 0.1293, "2025-03": 0.0055, "2025-06": 0.31, "2025-09": 0.13, "2025-12": 0,

Revenue

Revenue of THRY over the last years for every Quarter: 2020-12: 246.928, 2021-03: 280.606, 2021-06: 291.047, 2021-09: 297.29, 2021-12: 244.439, 2022-03: 308.375, 2022-06: 333.995, 2022-09: 280.65, 2022-12: 279.368, 2023-03: 245.555, 2023-06: 251.421, 2023-09: 183.822, 2023-12: 236.163, 2024-03: 233.624, 2024-06: 224.084, 2024-09: 179.852, 2024-12: 186.596, 2025-03: 181.371, 2025-06: 210.47, 2025-09: 201.555, 2025-12: null,
Risk 5d forecast
Volatility 59.4%
Relative Tail Risk -3.81%
Reward TTM
Sharpe Ratio -2.22
Alpha -102.14
Character TTM
Beta 1.651
Beta Downside 1.795
Drawdowns 3y
Max DD 85.04%
CAGR/Max DD -0.54

Description: THRY Thryv Holdings December 26, 2025

Thryv Holdings, Inc. (NASDAQ: THRY) delivers an integrated suite of digital marketing and cloud-based business-operations tools to U.S. small- and medium-sized enterprises (SMBs). Its two operating segments-Thryv Marketing Services and Thryv SaaS-cover legacy print and online yellow-pages listings, search-engine marketing, social and display advertising, and a modular “Command Center” that consolidates communications, CRM, scheduling, invoicing, payments, document handling, and online-review management. Additional offerings include AI-assisted website creation, SEO optimization, ThryvPay payment processing, and the Keap automation engine, all aimed at helping SMBs run and market their businesses from a single platform.

In its most recent fiscal year (2023), Thryv reported revenue of roughly $630 million, with subscription-based SaaS revenue accounting for about 70 % of total sales and a gross margin near 80 %. The company’s annual recurring revenue (ARR) grew at an estimated 12 % YoY, while churn remained under 5 %, reflecting strong customer stickiness. The SMB SaaS market is expanding at a 10-12 % compound annual growth rate, driven by ongoing digital transformation and a shift of ad spend from traditional media to performance-based online channels-trends that underpin Thryv’s growth outlook.

If you want a data-rich, side-by-side comparison of Thryv’s financials and peer metrics, ValueRay’s platform provides the granular analytics that can sharpen your investment thesis.

Piotroski VR‑10 (Strict, 0-10) 3.0

Net Income: 29.5m TTM > 0 and > 6% of Revenue
FCF/TA: 0.07 > 0.02 and ΔFCF/TA -3.90 > 1.0
NWC/Revenue: 3.15% < 20% (prev 1.03%; Δ 2.12% < -1%)
CFO/TA 0.10 > 3% & CFO 67.5m > Net Income 29.5m
Net Debt (256.6m) to EBITDA (96.2m): 2.67 < 3
Current Ratio: 1.15 > 1.5 & < 3
Outstanding Shares: last quarter (44.5m) vs 12m ago 22.45% < -2%
Gross Margin: 67.36% > 18% (prev 0.66%; Δ 6670 % > 0.5%)
Asset Turnover: 115.0% > 50% (prev 133.4%; Δ -18.45% > 0%)
Interest Coverage Ratio: 1.92 > 6 (EBITDA TTM 96.2m / Interest Expense TTM 33.6m)

Altman Z'' -3.01

A: 0.04 (Total Current Assets 193.9m - Total Current Liabilities 169.4m) / Total Assets 701.8m
B: -0.80 (Retained Earnings -562.5m / Total Assets 701.8m)
C: 0.09 (EBIT TTM 64.4m / Avg Total Assets 678.3m)
D: -1.20 (Book Value of Equity -577.2m / Total Liabilities 480.7m)
Altman-Z'' Score: -3.01 = D

Beneish M -3.20

DSRI: 0.90 (Receivables 151.0m/188.1m, Revenue 780.0m/873.7m)
GMI: 0.98 (GM 67.36% / 65.69%)
AQI: 1.11 (AQ_t 0.66 / AQ_t-1 0.59)
SGI: 0.89 (Revenue 780.0m / 873.7m)
TATA: -0.05 (NI 29.5m - CFO 67.5m) / TA 701.8m)
Beneish M-Score: -3.20 (Cap -4..+1) = AA

What is the price of THRY shares?

As of February 07, 2026, the stock is trading at USD 3.90 with a total of 1,481,724 shares traded.
Over the past week, the price has changed by -18.92%, over one month by -34.78%, over three months by -43.31% and over the past year by -78.99%.

Is THRY a buy, sell or hold?

Thryv Holdings has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy THRY.
  • StrongBuy: 3
  • Buy: 1
  • Hold: 1
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the THRY price?

Issuer Target Up/Down from current
Wallstreet Target Price 13 233.3%
Analysts Target Price 13 233.3%
ValueRay Target Price 2.1 -45.6%

THRY Fundamental Data Overview February 03, 2026

P/E Trailing = 9.62
P/E Forward = 13.3869
P/S = 0.2709
P/B = 0.9501
Revenue TTM = 780.0m USD
EBIT TTM = 64.4m USD
EBITDA TTM = 96.2m USD
Long Term Debt = 259.4m USD (from longTermDebt, last quarter)
Short Term Debt = 8.75m USD (from shortTermDebt, last quarter)
Debt = 268.2m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 256.6m USD (from netDebt column, last quarter)
Enterprise Value = 468.0m USD (211.3m + Debt 268.2m - CCE 11.6m)
Interest Coverage Ratio = 1.92 (Ebit TTM 64.4m / Interest Expense TTM 33.6m)
EV/FCF = 9.20x (Enterprise Value 468.0m / FCF TTM 50.9m)
FCF Yield = 10.87% (FCF TTM 50.9m / Enterprise Value 468.0m)
FCF Margin = 6.52% (FCF TTM 50.9m / Revenue TTM 780.0m)
Net Margin = 3.78% (Net Income TTM 29.5m / Revenue TTM 780.0m)
Gross Margin = 67.36% ((Revenue TTM 780.0m - Cost of Revenue TTM 254.6m) / Revenue TTM)
Gross Margin QoQ = 67.71% (prev 69.66%)
Tobins Q-Ratio = 0.67 (Enterprise Value 468.0m / Total Assets 701.8m)
Interest Expense / Debt = 2.18% (Interest Expense 5.83m / Debt 268.2m)
Taxrate = 21.0% (US default 21%)
NOPAT = 50.9m (EBIT 64.4m * (1 - 21.00%))
Current Ratio = 1.15 (Total Current Assets 193.9m / Total Current Liabilities 169.4m)
Debt / Equity = 1.21 (Debt 268.2m / totalStockholderEquity, last quarter 221.1m)
Debt / EBITDA = 2.67 (Net Debt 256.6m / EBITDA 96.2m)
Debt / FCF = 5.04 (Net Debt 256.6m / FCF TTM 50.9m)
Total Stockholder Equity = 206.5m (last 4 quarters mean from totalStockholderEquity)
RoA = 4.35% (Net Income 29.5m / Total Assets 701.8m)
RoE = 14.28% (Net Income TTM 29.5m / Total Stockholder Equity 206.5m)
RoCE = 13.82% (EBIT 64.4m / Capital Employed (Equity 206.5m + L.T.Debt 259.4m))
RoIC = 10.42% (NOPAT 50.9m / Invested Capital 488.3m)
WACC = 6.25% (E(211.3m)/V(479.5m) * Re(12.0%) + D(268.2m)/V(479.5m) * Rd(2.18%) * (1-Tc(0.21)))
Discount Rate = 12.0% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 12.93%
[DCF Debug] Terminal Value 81.26% ; FCFF base≈59.7m ; Y1≈45.1m ; Y5≈27.3m
Fair Price DCF = 11.60 (EV 762.1m - Net Debt 256.6m = Equity 505.4m / Shares 43.6m; r=6.25% [WACC]; 5y FCF grow -28.95% → 2.90% )
EPS Correlation: -46.10 | EPS CAGR: -7.29% | SUE: -0.32 | # QB: 0
Revenue Correlation: -79.13 | Revenue CAGR: -5.01% | SUE: 0.27 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.13 | Chg30d=-0.060 | Revisions Net=+1 | Analysts=2
EPS next Year (2026-12-31): EPS=0.82 | Chg30d=-0.275 | Revisions Net=-1 | Growth EPS=-24.8% | Growth Revenue=-16.5%

Additional Sources for THRY Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle