Thryv Holdings, Inc. (THRY)
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
$2.08+8.33%
Close 2026-09-04 · 1-day change
NASDAQInformation TechnologySoftware - ApplicationSnapshot 2026-09-04
QuarterlyIQ Insights · THRY
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | 89.5% |
| Our one-year growth estimate | diamond |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
| -14.6% |
Growth built into the price is above our model estimate.
The price assumes 104.1 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Worth watching into the next print: this name has erratic recent earnings surprises and is a smaller-cap name (higher miss base rate). A fundamental tilt, not a price call.
Model as of 2026-09-04 · Compared with 120 industry peers
THRY — earnings miss
Dated 2026-08-04
Results of Operations and Financial Condition. On August 4, 2026, Thryv Holdings, Inc. (the “Company”) issued a press release announcing its earnings f or the six months ended June 30, 2026 . This press release is attached as Exhibit 99.1 and is incorporated herein by reference.
Why it matters: Total revenue results will show if the company is reversing the decline from last year.
Supportive ifTotal company revenue for Q2 2026 exceeds $160 million.
Worry ifTotal company revenue for Q2 2026 falls below $157 million.
Why it matters: Stable revenue would mean good management of the drop in Marketing Services.
Supportive ifMarketing Services made over $34M in revenue.
Worry ifMarketing Services made less than $34M in revenue.
Why it matters: SaaS revenue is crucial as it now makes up 70% of total revenue.
Supportive ifSaaS revenue for Q2 2026 exceeds $115 million.
Worry ifSaaS revenue for Q2 2026 falls below $114 million.
Why it matters: This shows if the company can reverse past revenue declines. Meeting the guidance is a positive sign.
Supportive ifTotal company revenue is between $620 million and $634 million for 2026.
Worry ifTotal company revenue falls below $620 million for 2026.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$239 on $10,000 · ±2.4% | How much price usually moves either way. |
| Bad day | $829 loss on $10,000 · 8.3% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,616 loss on $10,000 · 86.2% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Early cost savings would show that the restructuring plan is working well.
Supportive ifManagement says they saved money from the restructuring plan in 2027.
Worry ifNo cost savings reported in 2027 as planned.
Why it matters: A drop in sector revenue growth could signal a broader slowdown affecting Thryv.
Worry ifSector revenue growth reported below its median in the next quarterly report.
Less concerning ifSector revenue growth stays above its median in the next quarterly report.
Why it matters: This guidance is a key indicator of growth in Thryv's SaaS business. It shows if management is on track with their growth priority.
Supportive ifSaaS revenue guidance for Q3 2026 is within the range of $111M to $112M.
Worry ifGuidance falls below $111M for Q3 2026.
Why it matters: A decline in Marketing Services revenue shows problems in this area. This affects overall profits.
Worry ifMarketing Services revenue for Q3 2026 guidance is below $34M.
Less concerning ifMarketing Services revenue exceeds $35M in Q3 2026.
Why it matters: This guidance shows how Thryv is managing costs. It also shows growth in profits for SaaS.
Supportive ifQ3 Adjusted EBITDA guidance is between $8.5M and $9.5M.
Worry ifGuidance is below $8.5M for Q3 Adjusted EBITDA.
Why it matters: Seeing these charges means progress on the restructuring plan. It affects future savings and profits.
Watch forTotal restructuring charges are between $20M and $25M.
Also watch forCharges recognized are much lower than $20M.