Revenue: As of FY2026 Q1, the actual value is USD 167.68 M, beating the estimate of USD 161.68 M.EPS: As of FY2026 Q1, the actual value is USD 0.1, beating the estimate of USD -0.11.EBIT: As of FY2026 Q1, the actual value is USD 10.67 M.<h3>First Quarter Financial Highlights (Q1 2026 vs Q1 2025)</h3><h4>Segment Revenue</h4><ul><li>SaaS revenue was $116.7 million, a 5.0% increase year-over-year . SaaS revenue grew to $116,738 thousand in Q1 2026 from $111,129 thousand in Q1 2025 .</li><li>Marketing Services revenue was $50.9 million, a 27.5% decrease year-over-year . Marketing Services revenue decreased to $50,946 thousand in Q1 2026 from $70,242 thousand in Q1 2025 .</li><li>Consolidated total revenue was $167.7 million, a decrease of 7.5% year-over-year . Consolidated total revenue was $167,684 thousand in Q1 2026, down from $181,371 thousand in Q1 2025 .</li></ul><h4>Net Income</h4><ul><li>Consolidated net income increased to $4.5 million in Q1 2026, compared to a net loss of -$9.6 million for Q1 2025 . The company achieved a net income of $4,542 thousand in Q1 2026, a significant improvement from a net loss of -$9,618 thousand in Q1 2025 . This resulted in a net income margin of 2.7% for Q1 2026, up from -5.3% in Q1 2025 .</li></ul><h4>Adjusted EBITDA</h4><ul><li>Consolidated Adjusted EBITDA was $24.1 million, representing an Adjusted EBITDA margin of 14.4% . Consolidated Adjusted EBITDA increased to $24,064 thousand in Q1 2026 from $20,901 thousand in Q1 2025, with the Adjusted EBITDA Margin rising to 14.4% from 11.5% year-over-year .</li><li>SaaS Adjusted EBITDA was $10.8 million, with an Adjusted EBITDA margin of 9.3% . Adjusted EBITDA for the SaaS segment was $10,816 thousand in Q1 2026, nearly flat compared to $10,815 thousand in Q1 2025 . The SaaS Adjusted EBITDA Margin was 9.3% in Q1 2026, a slight decrease from 9.7% in Q1 2025 .</li><li>Marketing Services Adjusted EBITDA was $13.2 million, representing an Adjusted EBITDA margin of 26.0% . Marketing Services Adjusted EBITDA increased to $13,248 thousand in Q1 2026 from $10,086 thousand in Q1 2025 . The Adjusted EBITDA Margin for this segment significantly improved to 26.0% in Q1 2026 from 14.4% in Q1 2025 .</li></ul><h4>Gross Profit</h4><ul><li>Consolidated Gross Profit was $109.3 million .</li><li>Consolidated Adjusted Gross Profit was $112.9 million .</li><li>SaaS Gross Profit was $75.6 million, with a Gross Margin of 64.8% .</li><li>SaaS Adjusted Gross Profit was $78.2 million, representing an Adjusted Gross Margin of 67.0% . The Adjusted Gross Margin for the SaaS segment was 67.0% in Q1 2026, compared to 73.3% in Q1 2025 .</li><li>The Adjusted Gross Margin for the Marketing Services segment was 68.2% in Q1 2026, up from 60.1% in Q1 2025 .</li></ul><h4>Operating Expenses</h4><ul><li>Sales and marketing expenses were $47,948 thousand in Q1 2026, down from $59,842 thousand in Q1 2025 .</li><li>Research and development expenses were $11,431 thousand in Q1 2026, up from $10,209 thousand in Q1 2025 .</li><li>General and administrative expenses were $45,819 thousand in Q1 2026, down from $52,271 thousand in Q1 2025 .</li><li>Total operating expenses were $105,198 thousand in Q1 2026, compared to $122,322 thousand in Q1 2025 .</li></ul><h4>Operating Income/Loss</h4><ul><li>Operating income was $4,058 thousand in Q1 2026, compared to an operating loss of -$3,034 thousand in Q1 2025 .</li></ul><h4>Cash Flow</h4><ul><li>Net cash provided by operating activities was $1,473 thousand in Q1 2026, compared to net cash used in operating activities of -$10,481 thousand in Q1 2025 . Net cash provided by operating activities was $1,473 thousand for the three months ended March 31, 2026, compared to net cash used in operating activities of -$10,481 thousand for the same period in 2025 .</li><li>Additions to fixed assets and capitalized software were -$6,926 thousand in Q1 2026 . This was calculated after accounting for additions to fixed assets and capitalized software of -$6,926 thousand in Q1 2026 and -$7,085 thousand in Q1 2025 .</li><li>Free Cash Flow was -$5,453 thousand in Q1 2026, compared to -$17,566 thousand in Q1 2025 . Free cash flow for Q1 2026 was -$5,453 thousand, an improvement from -$17,566 thousand in Q1 2025 .</li></ul><h4>Other Key Operational Metrics</h4><ul><li>SaaS revenue now represents 70% of total revenue .</li><li>Marketing Center revenue increased by 29% year-over-year . Key operational highlights for SaaS include a 29% year-over-year increase in Marketing Center Revenue .</li><li>SaaS monthly Average Revenue per Unit (“ARPU”) was $378, an increase of 12.8% year-over-year . ARPU increased by 13% year-over-year to $378 .</li><li>Quality customers, defined as those contributing more than $400 in monthly recurring revenue, accounted for 70% of SaaS revenue . Quality Customers accounted for 70% of SaaS revenue .</li><li>SaaS clients totaled 96 thousand at the end of the first quarter of 2026 .</li><li>Seasoned Net Revenue Retention was 93% for the first quarter of 2026 .</li><li>Quality Customer Count grew by 6% year-over-year .</li></ul><h3>Outlook / Guidance</h3>Thryv Holdings, Inc. provided guidance for Q2 2026 and the full year 2026 . For Q2 2026, the company anticipates SaaS revenue between $114 million and $115 million, and Marketing Services revenue between $31 million and $33 million, with consolidated Adjusted EBITDA projected between $15 million and $17 million . For the full fiscal year 2026, Thryv Holdings, Inc. forecasts total revenue of $620 million to $634 million and consolidated Adjusted EBITDA of $100 million to $110 million .

Thryv | 8-K: FY2026 Q1 Revenue Beats Estimate at USD 167.68 M