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Thryv Holdings (THRY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 4, 2026

Thryv Holdings (THRY) reported revenue of $151M for the second quarter 2026 (Q2 2026), -28% from a year earlier and -10% from the quarter before. Operating margin was -0.8%, net loss $16.7M (11.1% of revenue).

Revenue$151M
Year over year-28%
Quarter over quarter-10%
Operating margin-0.8%
Net earnings−$16.7M

Thryv Holdings, Q2 2026: revenue $151M (-28% year over year), operating margin -0.8%, net loss $16.7M, operating cash flow $25.9M. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$151M-10%-28%
Operating profit−$1.1M-128%-104%
Net earnings−$16.7M-467%-220%
Operating cash flow$25.9M18×-12%
Free cash flow$16.7M—-23%

What changed

Revenue was $150.7M in Q2 2026, down 28% year over year and down 10% from the previous quarter. SaaS was the largest line at 76% of revenue. Marketing Services lost $59.2M year over year (down 62%), 99% of the total change.

Gross margin was 62.7%, down 6.9 points from Q2 2025. Operating costs exceeded revenue by $1.1M, an operating margin of -0.8%. Operating expenses fell 18% while revenue fell 28%. The quarter ended with a net loss of $16.7M, after a profit of $4.5M the previous quarter.

Operating cash flow was $25.9M (down 12% year over year). Non-cash charges added back $10.9M of depreciation and amortization and $2.8M of share-based compensation. Working capital and other items added $28.9M. After itions to fixed assets and capitalized software ($9.2M), free cash flow as the company reports it was $16.7M.

Questions

What was Thryv Holdings' revenue in the second quarter 2026?

Thryv Holdings (THRY) reported revenue of $151M for the second quarter 2026 (Q2 2026), -28% from a year earlier and -10% from the quarter before.

Was Thryv Holdings profitable in the second quarter 2026?

Operating loss was $1.1M (-0.8% of revenue) and net loss $16.7M.

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Source: Thryv Holdings 10-Q on SEC EDGAR.