Thryv Holdings, Inc. ( (THRY) ) has released its Q2 earnings. Here is a breakdown of the information Thryv Holdings, Inc. presented to its investors.
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Thryv Holdings, Inc. is a company specializing in providing a leading marketing and sales software platform for small businesses, operating primarily in the software-as-a-service (SaaS) sector. The company’s platform helps small businesses manage day-to-day operations and grow efficiently through AI-supported marketing and business automations.
In its latest earnings report for the second quarter of 2025, Thryv Holdings, Inc. announced a significant increase in SaaS revenue, which grew by 48% year-over-year, surpassing previous guidance. The company also reported a record SaaS Adjusted EBITDA margin, reflecting strong operational performance.
Key financial highlights from the report include SaaS revenue reaching $115 million, a 48% increase from the previous year, and a consolidated net income of $13.9 million, up from $5.5 million in the same quarter of 2024. Despite a 6% decrease in consolidated total revenue, the company managed to reduce term debt by $26 million, enhancing financial flexibility. Additionally, the number of SaaS clients increased by 25% year-over-year, reaching 106 thousand.
Looking ahead, Thryv Holdings, Inc. has raised its full-year 2025 adjusted EBITDA guidance, indicating confidence in continued growth and financial stability. The company’s management anticipates further improvements in cash flow and a reduction in leverage, supporting a stronger balance sheet and future growth opportunities.