Thryv Holdings (THRY) Gross Margin (2012 - 2026)
Thryv Holdings' (THRY) quarterly Gross Margin came in at 65.16% in Q1 2026, down 61.0% year-on-year from 167.07% in Q1 2025, and down 4.21% on a QoQ basis from 68.02% in Q4 2025.
Thryv Holdings (THRY) Gross Margin (2012 - 2026) Analysis & Trends
Thryv Holdings (THRY) has 13 years of Gross Margin data on file, last reported at 65.16% in Q1 2026.
- On a quarterly basis, Gross Margin fell 61.0% year-over-year to 65.16% in Q1 2026; TTM through Mar 2026 was 67.76%, a 261.0% increase from a year earlier, with the FY2025 full-year figure at 67.86%, up 267.0% from the prior year.
- Gross Margin for Q1 2026 stood at 65.16%, down from 68.02% in the prior quarter.
- Over the last five years, Gross Margin for THRY reached as high as 69.66% in Q2 2025 and fell as low as 56.38% in Q3 2023.
- Historically, Gross Margin has averaged 65.08% across 5 years, with a median of 65.76% in 2024.
- Across the five-year window, Gross Margin soared 695 bps in 2022 and slumped 620 bps in 2023, its largest moves.
- Year by year, Gross Margin stood at 64.04% in 2022, then advanced by 6 bps to 67.63% in 2023, then slipped by 3 bps to 65.93% in 2024, then rose by 3 bps to 68.02% in 2025, then declined by 4 bps to 65.16% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 65.16% in Q1 2026, 68.02% in Q4 2025, and 67.71% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 48.77% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 45.03% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 76.92% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 70.68% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 48.28% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 66.61% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 95.85% |
| 10 | Thryv Holdings | 165.78 Mn | 157.83 Mn | 109.26 Mn | 65.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.16% |
| Dec 31, 2025 | 68.02% |
| Sep 30, 2025 | 67.71% |
| Jun 30, 2025 | 69.66% |
| Mar 31, 2025 | 65.77% |
| Dec 31, 2024 | 65.93% |
| Sep 30, 2024 | 62.26% |
| Jun 30, 2024 | 66.31% |
| Mar 31, 2024 | 65.76% |
| Dec 31, 2023 | 67.63% |
| Sep 30, 2023 | 56.38% |
| Jun 30, 2023 | 63.67% |
| Mar 31, 2023 | 63.04% |
| Dec 31, 2022 | 64.04% |
| Sep 30, 2022 | 62.58% |
| Jun 30, 2022 | 68.26% |
| Mar 31, 2022 | 64.16% |
| Dec 31, 2021 | 61.91% |
| Sep 30, 2021 | 64.96% |
| Jun 30, 2021 | 61.31% |