Thryv Holdings, Inc.
For the period ended Jun 30, 2025. Filed Jul 30, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2025 · Filed Jul 30, 2025
THRY$1.18-1.3%Stored close · as of Nov 6, 2026
Contents
Item 1. Financial Statements
Part I. FINANCIAL INFORMATION
Item 1. Financial Statements
Consolidated Statements of Operations and Comprehensive Income
| Three Months Ended · Six Months Ended | ||||
|---|---|---|---|---|
| June 30, | June 30, | |||
| (in thousands, except share and per share data) | 2025 | 2024 | 2025 | 2024 |
| Revenue | $210,470 | $224,084 | $391,841 | $457,708 |
| Cost of services | 63,850 | 75,496 | 125,933 | 155,479 |
| Gross profit | 146,620 | 148,588 | 265,908 | 302,229 |
| Operating expenses: | ||||
| Sales and marketing | 64,724 | 65,409 | 134,775 | 135,500 |
| General and administrative | 52,356 | 51,841 | 104,627 | 104,257 |
| Total operating expenses | 117,080 | 117,250 | 239,402 | 239,757 |
| Operating income | 29,540 | 31,338 | 26,506 | 62,472 |
| Other income (expense): | ||||
| Interest expense | (5,981) | (10,001) | (12,048) | (23,360) |
| Interest expense, related party | (2,971) | (2,174) | (5,977) | (2,174) |
| Other components of net periodic pension cost | (778) | (1,581) | (1,546) | (3,162) |
| Other income (expense) | 2,557 | (5,416) | 2,949 | (7,789) |
| Income before income tax expense | 22,367 | 12,166 | 9,884 | 25,987 |
| Income tax expense | (8,436) | (6,618) | (5,571) | (12,015) |
| Net income | $13,931 | $5,548 | $4,313 | $13,972 |
| Other comprehensive income (loss): | ||||
| Foreign currency translation adjustment, net of tax | (72) | 67 | (259) | (198) |
| Comprehensive income | $13,859 | $5,615 | $4,054 | $13,774 |
| Net income per common share: | ||||
| Basic | $0.32 | $0.15 | $0.10 | $0.39 |
| Diluted | $0.31 | $0.15 | $0.10 | $0.37 |
| Weighted-average shares used in computing basic and diluted net income per common share: | ||||
| Basic | 43,744,144 | 36,004,324 | 43,579,171 | 35,818,549 |
| Diluted | 44,303,331 | 37,631,825 | 44,586,162 | 38,032,132 |
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