Thryv Reports Second Quarter 2026 Results and Launches Thryv Growth Platform
Thryv reported Q2 total revenue of $150.7 million, down 28.4% year-over-year, with a net loss of $16.7 million compared to a net income of $13.9 million in the prior year. SaaS revenue remained flat at $114.5 million but now represents 76% of total revenue, while SaaS ARPU increased 12% to $394. The company announced a strategic restructuring plan expected to incur $20 million to $25 million in charges, aimed at achieving $55 million to $60 million in annualized cost savings by 2027. Management emphasized that this realignment focuses on a pure SaaS operating model and expanding agentic AI capabilities.
Key figures
- Revenue
- $150.7 million
- Guidance
- FY 2026 SaaS revenue $453.0 million - $457.0 million; FY 2026 SaaS Adjusted EBITDA $42.0 million - $44.0 million
- Revenue Yoy
- -28.4%
- Saas arpu
- 394
- Saas revenue
- $114.5 million
- Saas arpu yoy
- 12%
- Adjusted ebitda
- $20.8 million
- Saas revenue yoy
- -0.5%
- Restructuring charges
- $20 million - $25 million
- Restructuring savings
- $55 million - $60 million
AI analysis
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