Thryv Holdings, Inc. reported its second quarter 2025 financial results on July 30, 2025, announcing a 48% year-over-year increase in SaaS revenue. SaaS revenue, excluding the Keap acquisition, grew by 25% year-over-year, reaching $97.286 million.
The company achieved a record SaaS Adjusted EBITDA margin of 20.3% in Q2 2025, demonstrating increasing profitability within its software segment. Thryv also successfully navigated a critical 'pinch point' in its SaaS transformation, reducing Term Debt by $26 million, which lowers future required amortization payments.
Thryv exceeded its prior guidance for the quarter and raised its full-year 2025 Adjusted EBITDA guidance to a range of $70.5 million to $73.5 million, up from the previous range of $67.0 million to $71.0 million. Marketing Services revenue for the quarter was $95.465 million, representing a 34.7% year-over-year decline, consistent with the company's managed exit strategy for this segment.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.