Thryv Q2 FY26 net loss widens to $16.66 million; revenue drops 28.4% to $150.73 million

Thryv posted Q2 2026 revenue of $150.7 million; net results swung to a loss of $16.7 million, or $0.38 per share.

Adjusted EBITDA (non-GAAP) fell 59.4% to $20.8 million; margin slid 10.5 percentage points to 13.8%.

SaaS revenue dipped 0.5% to $114.5 million; management cited 21% growth in Market, Sell, Grow initiatives offset by legacy CRM headwinds.

Marketing Services revenue totaled $36.2 million; SaaS clients ended the quarter at 95,000, with ARPU up 11.9% to $394.

Thryv launched the Thryv Growth Platform.

The company outlined $20 million-$25 million in restructuring charges targeting $55 million-$60 million in annualized savings, starting in 2027.