Thryv Holdings (THRY) Research & Development (2012 - 2026)
Thryv Holdings' (THRY) quarterly Research & Development came in at $47.9 million in Q1 2026, down 19.88% year-on-year from $59.8 million in Q1 2025, and up 113.03% on a QoQ basis from $22.5 million in Q4 2025.
Thryv Holdings (THRY) Research & Development (2012 - 2026) Analysis & Trends
Thryv Holdings (THRY) has 13 years of Research & Development data on file, last reported at $47.9 million in Q1 2026.
- On a quarterly basis, Research & Development fell 19.88% year-over-year to $47.9 million in Q1 2026; TTM through Mar 2026 was $203.6 million, a 3626.01% increase from a year earlier, with the FY2025 full-year figure at $225.7 million, up 1336.34% from the prior year.
- Research & Development for Q1 2026 stood at $47.9 million, up from $22.5 million in the prior quarter.
- Over the last five years, Research & Development for THRY reached as high as $94.0 million in Q1 2022 and fell as low as -$214.0 million in Q4 2023.
- Historically, Research & Development has averaged $38.5 million across 5 years, with a median of $68.4 million in 2025.
- Across the five-year window, Research & Development sank 346.67% in 2023 and surged 112.08% in 2025, its largest moves.
- Year by year, Research & Development stood at $86.8 million in 2022, then sank by 346.67% to -$214.0 million in 2023, then increased by 12.97% to -$186.3 million in 2024, then jumped by 112.08% to $22.5 million in 2025, then jumped by 113.03% to $47.9 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $47.9 million in Q1 2026, $22.5 million in Q4 2025, and $68.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -1.99 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -37.02 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 496.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 1.33 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 3.77 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 1.37 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 253.90 Mn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 588.95 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 508.44 Mn |
| 10 | Thryv Holdings | 165.78 Mn | 157.83 Mn | 109.26 Mn | 47.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 47.95 Mn |
| Dec 31, 2025 | 22.51 Mn |
| Sep 30, 2025 | 68.41 Mn |
| Jun 30, 2025 | 64.72 Mn |
| Mar 31, 2025 | 59.84 Mn |
| Dec 31, 2024 | -186.27 Mn |
| Sep 30, 2024 | 66.48 Mn |
| Jun 30, 2024 | 65.41 Mn |
| Mar 31, 2024 | 70.09 Mn |
| Dec 31, 2023 | -214.04 Mn |
| Sep 30, 2023 | 74.76 Mn |
| Jun 30, 2023 | 75.68 Mn |
| Mar 31, 2023 | 76.34 Mn |
| Dec 31, 2022 | 86.77 Mn |
| Sep 30, 2022 | 89.89 Mn |
| Jun 30, 2022 | 91.81 Mn |
| Mar 31, 2022 | 93.96 Mn |
| Dec 31, 2021 | 99.54 Mn |
| Sep 30, 2021 | 94.34 Mn |
| Jun 30, 2021 | 87.39 Mn |