Thryv Q4 SaaS revenue grows 14%, EBITDA beats estimates

Thryv Holdings

26/02/2026 12:39

Overview

Small business marketing software provider's Q4 SaaS revenue grew 14% yr/yr

Adjusted EBITDA for Q4 beat analyst expectations

Q4 revenue slightly missed analyst expectations

Outlook

Thryv shifts focus to AI-enabled Thryv Platform to empower SMBs

Company aims to transition clients from legacy services to Thryv Platform

Thryv did not provide specific financial guidance for future quarters

Result Drivers

SaaS REVENUE GROWTH - Thryv's Q4 SaaS revenue increased 14% year-over-year, driven by expansion of its AI-enabled platform

MARKETING CENTER GROWTH - Q4 Marketing Center revenue grew 56% year-over-year, contributing positively to overall results

MARKETING SERVICES DECLINE - Marketing Services revenue decreased 11.7% year-over-year, partially offsetting SaaS gains

Company press release: ID:nBw5TVbcxa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Slight Miss*
$191.62 mln
$193.14 mln (5 Analysts)
Q4 EPS
-$0.22
Q4 Net Income
-$9.66 mln
Q4 Adjusted EBITDA
Beat
$38.90 mln
$38.22 mln (5 Analysts)
Q4 Adjusted EBITDA Margin
20.30%
Q4 Adjusted Gross Profit
$133.60 mln
Q4 EBIT
$10.16 mln
Q4 Gross Profit
$130.34 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "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 $12.00, about 206.1% above its February 25 closing price of $3.92

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 18 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)