Earnings ·
Thryv Holdings reported a net loss of $16.7 million ($0.38 per diluted share) for Q2 2026, compared to net income of…
THRYThryv Holdings, Inc.
Thryv Holdings reported a net loss of $16.7 million ($0.38 per diluted share) for Q2 2026, compared to net income of $13.9 million in the prior year period. Consolidated revenue declined 28.4% year-over-year to $150.7 million, driven by a 62% drop in Marketing Services revenue as clients transitioned to the SaaS platform. SaaS revenue was $114.5 million, with ARPU increasing 12% to $394 and SaaS representing 76% of total revenue. The company announced a strategic restructuring plan to improve operating efficiencies, expecting charges of $20–$25 million and annualized cost savings of $55–$60 million by 2027. Thryv issued Q3 2026 guidance projecting SaaS revenue of $111–$112 million and total revenue of $145–$147 million. The company operates in the technology sector, providing an AI-native growth platform for local service businesses.