Thryv Holdings AI Stock Analysis
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Thryv Holdings (THRY) AI Stock Analysis
Thryv Holdings
(NASDAQ:THRY)
The score is held down primarily by weakening financial performance (revenue contraction and TTM return to losses and cash burn) and bearish technicals (price below key moving averages with negative MACD). Offsetting factors include an improved leverage profile from debt reduction and a more positive longer-term pivot toward an AI-driven SaaS platform, though near-term guidance remains challenging.
Thryv Holdings (THRY) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $46.23M
- Dividend Yield
- ―
- Average Volume (3M)
- 653.58K
- Price to Earnings (P/E)
- -0.4
- Beta (1Y)
- 1.39
- Revenue Growth
- -19.36%
- EPS Growth
- -769.34%
- Country
- US
- Employees
- 2,716
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
Thryv Holdings Business Overview & Revenue Model
Company Description
Thryv Holdings, Inc. focuses on providing comprehensive digital marketing tools and cloud-based software solutions tailored for small and medium-sized businesses (SMBs). The company operates through three primary business units: Software as a Service...
Thryv Holdings Earnings Call Summary
The call was broadly positive about the new AI-centered growth platform, with sales at approximately 190% of plan, 16% year-over-year growth in growth products, improving SaaS margins, higher ARPU, and expected balance-sheet benefits from the print sale. However, the near-term outlook includes revenue headwinds from exiting legacy businesses, restructuring-related reporting effects, negative Marketing Services EBITDA, a goodwill impairment, negative fourth-quarter SaaS adjusted EBITDA guidance, and lower full-year SaaS guidance. Highlights significantly outweighed the stated challenges, although management characterized the fourth quarter as messy during the transition.
Q3-2026 Updates
Positive Updates
Negative Updates
Company Guidance
For the fourth quarter, Marketing Services revenue is expected in the range of $2 million to $3 million and Marketing Services adjusted EBITDA in the range of negative $11 million and negative $12 million; for the full year, Marketing Services revenue is expected in the range of $35 million to $36 million and Marketing Services adjusted EBITDA in the range of negative $21 million and negative $22 million. For the fourth quarter, SaaS revenue is expected in the range of $110 million to $111 million and SaaS adjusted EBITDA in the range of negative $4.5 million and negative $5.5 million; for the full year, SaaS revenue guidance is a range of $453 million to $454 million and SaaS adjusted EBITDA guidance is a range of $16.5 million to $17.5 million. The reduction plan is expected to impact R&D in the quarter to the tune of a few million, the restructuring plan will run from the middle of this year to the middle of 2027, the remaining marketing services customers will either be upgraded to the software platform or cease to be customers in 2027, and the business will cease to be a reporting segment for the second half of 2027.
Thryv Holdings Financial Statement Overview
Summary
Fundamentals are pressured by a multi-year revenue decline and a recent swing back to net losses and negative EBITDA in TTM. The balance sheet has de-risked meaningfully via sharp debt reduction (debt-to-equity ~0.31x), but TTM operating and free cash flow turning negative raises near-term liquidity and execution risk.
Income Statement
26NegativeBalance Sheet
58NeutralCash Flow
34Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 628.97M | 785.01M | 824.16M | 916.96M | 1.20B | 1.11B |
| Gross Profit | 407.85M | 508.17M | 537.24M | 578.25M | 780.38M | 705.34M |
| EBITDA | -83.35M | 91.26M | 33.56M | -135.56M | 247.77M | 306.16M |
| Net Income | -124.85M | 307.00K | -74.22M | -259.30M | 54.35M | 101.58M |
Balance Sheet | ||||||
| Total Assets | 554.21M | 688.59M | 712.16M | 783.17M | 1.18B | 1.30B |
| Cash, Cash Equivalents and Short-Term Investments | 8.75M | 10.75M | 16.31M | 18.22M | 16.03M | 11.26M |
| Total Debt | 35.00M | 256.69M | 294.99M | 362.03M | 493.18M | 598.59M |
| Total Liabilities | 233.62M | 470.45M | 515.25M | 630.47M | 795.61M | 985.79M |
| Stockholders Equity | 112.61M | 218.14M | 196.92M | 152.70M | 382.27M | 314.71M |
Cash Flow | ||||||
| Free Cash Flow | -25.56M | 31.14M | 56.25M | 114.83M | 119.34M | 143.72M |
| Operating Cash Flow | -15.66M | 63.53M | 89.78M | 148.23M | 148.57M | 170.57M |
| Investing Cash Flow | -9.90M | -32.53M | -110.42M | -42.52M | -52.03M | -196.57M |
| Financing Cash Flow | -14.54M | -38.47M | 19.22M | -103.49M | -91.10M | 39.09M |
Thryv Holdings Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For THRY, the sentiment is Negative. The current price of 1.04 is below the 20-day moving average (MA) of 1.20, below the 50-day MA of 1.51, and below the 200-day MA of 2.91, indicating a bearish trend. The MACD of -0.10 indicates Negative momentum. The RSI at 31.73 is Neutral, neither overbought nor oversold. The STOCH value of 46.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for THRY.
Thryv Holdings Risk Analysis
Thryv Holdings disclosed 65 risk factors in its most recent earnings report. Thryv Holdings reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
3 New RisksThryv Holdings Peers Comparison
Overall Rating
SPT69Neutral
CMRC61Neutral
EGHT59Neutral
UPLD51Neutral- THRY46Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| SPT | 69Neutral | $655.47M | -25.36 | -12.46% | ― | 10.73% | 44.80% |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| CMRC | 61Neutral | $307.57M | -45.02 | -14.19% | ― | 1.55% | 50.60% |
| EGHT | 59Neutral | $316.60M | 48.52 | 4.98% | ― | 4.31% | ― |
| UPLD | 51Neutral | $10.73M | -0.22 | 640.69% | ― | -17.37% | 17.97% |
| THRY | 46Neutral | $47.34M | -0.37 | -65.05% | ― | -19.36% | -769.34% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| THRY | Thryv Holdings, Inc. | 1.04 | -5.00 | -82.78% | |
| EGHT | 8x8 Inc | 2.30 | 0.33 | 16.75% | |
| UPLD | Upland Software | 3.08 | -15.62 | -83.53% | |
| SPT | Sprout Social Inc Class A | 11.41 | 0.84 | 7.95% | |
| CMRC | Commerce.Com, Inc. | 3.66 | -1.44 | -28.24% |
Thryv Holdings Corporate Events
Thryv Reports Third-Quarter Results and SaaS EBITDA Growth
NegativeOn November 9, 2026, Thryv reported third-quarter results, with SaaS revenue of $112.0 million, down 3.3% year over year; growth products revenue rose 16%, while total revenue was $118.9 million. Net loss was $116.0 million, including a $94.8 million...
Thryv Sells Print Directories to Accelerate SaaS Transition
PositiveOn September 14, 2026, Thryv Holdings said its wholly owned unit Thryv, Inc. agreed on September 12 to sell its print Yellow and White Pages directories in the United States, Australia and New Zealand, their digital editions, and the Australia White...
Thryv Holdings Adopts Revised H2 2026 Incentive Plan
NeutralOn August 10, 2026, Thryv Holdings’ compensation committee terminated its previously approved 2026 Short-Term Incentive Plan, originally set in December 2025, and replaced it with an H2 2026 Short-Term Incentive Plan effective July 1, 2026. This chan...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 11, 2026