newsfilter
← Latest News
Business Wire·

Thryv Reports Third Quarter 2026 Results, Focuses on Execution as a Pure-Play SaaS Business

THRY
  • Thryv Holdings reported Q3 2026 results with consolidated revenue of $118.9 million, down 13.5% year-over-year.
  • SaaS revenue was $112.0 million, a 3.3% decrease, driven by 16% growth in growth products offset by declines in legacy CRM.
  • Marketing Services revenue fell to $6.9 million, a 67.9% drop, as the print business is classified as discontinued operations.
  • Consolidated net loss was $116.0 million ($2.61 per share), including a $94.8 million non-cash goodwill impairment charge.
  • Consolidated Adjusted EBITDA improved to $4.2 million from a loss of $4.6 million in the prior year period.
  • SaaS Adjusted EBITDA reached $9.5 million with an 8.5% margin, up from $5.6 million (4.8% margin) in Q3 2025.
  • SaaS monthly ARPU grew 2.2% year-over-year to $373, while seasoned net revenue retention stood at 89%.
  • The company announced a $142.0 million sale of its Print Business to Coldwater YP LLC, expected to close in Q4 2026.
  • Q3 2026 SaaS Adjusted EBITDA guidance was updated to $2.9 million–$3.9 million due to cost allocation changes from discontinued operations.
  • Q4 2026 SaaS revenue guidance is $110.0 million–$111.0 million, with full-year SaaS revenue guidance of $453.0 million–$454.0 million.
  • Full-year 2026 SaaS Adjusted EBITDA guidance is $16.5 million–$17.5 million, while Marketing Services Adjusted EBITDA is projected at ($21.0) million–($22.0) million.
  • Thryv aims to operate as a pure-play SaaS company following the strategic exit from its print directory business.