Thryv Q3 SaaS revenue beats estimates as ARPU grows

Thryv Holdings

30/10/2025 11:48

Overview

Thryv Q3 SaaS revenue grows 33% yr/yr, total revenue beats analyst expectations

Adjusted EBITDA for Q3 misses analyst expectations

Company's SaaS monthly ARPU increased 19% yr/yr to $365

Outlook

Thryv projects Q4 2025 SaaS revenue between $118 mln and $121 mln

Company expects full-year 2025 SaaS revenue of $460 mln to $463 mln

Thryv anticipates Q4 2025 Marketing Services revenue between $71.6 mln and $73.6 mln

Result Drivers

SAAS REVENUE GROWTH - Co reports 33% yr/yr increase in SaaS revenue, driven by strategy to increase customer spend

ARPU EXPANSION - SaaS monthly ARPU increased 19% yr/yr to $365, reflecting deeper customer relationships

AI UTILIZATION - Co leverages AI to enhance small business growth and deepen customer relationships

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$201.55 mln
$200.80 mln (5 Analysts)
Q3 EPS
$0.13
Q3 Net Income
$5.65 mln
Q3 Adjusted EBITDA
Miss
$40.80 mln
$41.50 mln (5 Analysts)
Q3 Adjusted EBITDA Margin
20.30%
Q3 Adjusted Gross Profit
$140.30 mln
Q3 EBIT
$20.03 mln
Q3 Gross Profit
$136.46 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advertising & marketing peer group is "buy"

Wall Street's median 12-month price target for Thryv Holdings Inc is $20.00, about 41.5% above its October 29 closing price of $11.70

The stock recently traded at 16 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw64hry0a

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)