THRY (Thryv Holdings) Gross Margin %: 65.16% (As of Mar. 2026) — Near Median


THRY Thryv Holdings Inc THRY
51 GF Score
Price $3.70
GF Value $11.30
Valuation Possible Value Trap
! 5 Warning Signs
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What is Thryv Holdings Gross Margin %?

Thryv Holdings THRY -2.12% 51 Gross Margin % is 65.16% as of Mar. 2026, which is 3% above its 10-year median of 63.54. GuruFocus rates THRY with a GF Score™ of 51/100 and a GF Value™ of $11.30 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,683 Software companies, Thryv Holdings ranks better than 77.75% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Thryv Holdings's Gross Profit for the three months ended in Mar. 2026 was $109.3 Mil. Thryv Holdings's Revenue for the three months ended in Mar. 2026 was $167.7 Mil. Therefore, Thryv Holdings's Gross Margin % for the quarter that ended in Mar. 2026 was 65.16%.


The historical rank and industry rank for Thryv Holdings's Gross Margin % or its related term are showing as below:

THRY' s Gross Margin % Range Over the Past 10 Years
Min: 58.03   Med: 63.54   Max: 68.26
Current: 67.76


During the past 13 years, the highest Gross Margin % of Thryv Holdings was 68.26%. The lowest was 58.03%. And the median was 63.54%.

THRY's Gross Margin % is ranked better than
77.75% of 2683 companies
in the Software industry
Industry Median: 40.45 vs THRY: 67.76

Thryv Holdings had a gross margin of 65.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Thryv Holdings was 1.90% per year.


Thryv Holdings  (NAS:THRY) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Thryv Holdings had a gross margin of 65.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Thryv Holdings Gross Margin % Related Terms


Thryv Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Thryv Holdings's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Thryv Holdings Gross Margin % Chart

Thryv Holdings Annual Data
Trend Dec14 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.35 64.90 63.06 65.19 67.86

Thryv Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.77 69.66 67.71 68.02 65.16

THRY vs PERF, MRT, RYDE: Gross Margin % Comparison

For the Software - Application subindustry, Thryv Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thryv Holdings Gross Margin % vs Software Industry

For the Software industry and Technology sector, Thryv Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Thryv Holdings's Gross Margin % falls into.


THRY
51GF Score
Thryv Holdings Inc THRY
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Thryv Holdings Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Thryv Holdings's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=532.7 / 785.015
=(Revenue - Cost of Goods Sold) / Revenue
=(785.015 - 252.305) / 785.015
=67.86 %

Thryv Holdings's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=109.3 / 167.684
=(Revenue - Cost of Goods Sold) / Revenue
=(167.684 - 58.428) / 167.684
=65.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 65.16% mean?
Thryv Holdings (THRY) has a Gross Margin % of 65.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Thryv Holdings and its competitors. This is near median its historical median of 63.54. Over the past decade, Thryv Holdings' Gross Margin % has ranged from 58.03 to 68.26. According to the industry distribution chart, Thryv Holdings ranks #597 out of 2683 companies in the Software industry, placing it in the top 22.3%.
Is Thryv Holdings' Gross Margin % too high?
Thryv Holdings' current Gross Margin % of 65.16% is near median its 10-year median of 63.54. Over the past 10 years, this metric has ranged from a low of 58.03 to a high of 68.26. The Software industry median Gross Margin % is 40.45. Thryv Holdings' value of 65.16% is 61.1% above this industry median. Based on the distribution chart, Thryv Holdings ranks #597 out of 2683 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Thryv Holdings has a GF Score™ of 51/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Thryv Holdings' Gross Margin % compare to PERF and MRT?
According to the Software industry distribution chart, Thryv Holdings ranks #597 out of 2683 companies for Gross Margin %. This places Thryv Holdings in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Thryv Holdings' value of 65.16% is 61.1% above this benchmark. Historically, Thryv Holdings' own Gross Margin % has ranged from 58.03 to 68.26 over the past decade. While the company's 10-year median is 63.54 vs. the industry median of 40.45, Thryv Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,683 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thryv Holdings's current Gross Margin % of 65.16% is 61.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Thryv Holdings and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thryv Holdings's current Gross Margin % is 65.16%, which is near median its own 10-year median of 63.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thryv Holdings stock overvalued right now?
Based on GuruFocus' analysis, Thryv Holdings (THRY) is currently considered Possible Value Trap. The stock's GF Value™ is $11.30, compared to a current price of $3.70 — trading 67.3% below its estimated fair value. The current Gross Margin % is 65.16%, which is near median its 10-year median of 63.54 and 61.1% above the Software industry median of 40.45. Thryv Holdings' overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Thryv Holdings (THRY), the current Gross Margin % is 65.16% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thryv Holdings (THRY) Overvalued in 2026?

Based on GuruFocus' analysis, Thryv Holdings stock appears to be undervalued. The current stock price of $3.70 is trading 67.3% below its estimated GF Value™ of $11.30. GuruFocus considers Thryv Holdings to be Possible Value Trap.

Key valuation signals for THRY:

  • Gross Margin %: 65.16% (near median its 10-year median of 63.54)
  • GF Value™: $11.30 vs. price of $3.70 (67.3% below fair value)
  • GF Score™: 51/100 with 5 warning signs
  • Industry Position: 61.1% above the Software median (#597 of 2683)

No single metric tells the full story. See the THRY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thryv Holdings Business Description

Address 1301 Municipal Way, Suite 220, Grapevine, TX, USA, 76051
Thryv Holdings Inc is dedicated to supporting local, independent service-based businesses and emerging franchises by providing a cloud-based software platform, and marketing solutions to entrepreneurs. The group are provider of SaaS all-in-one small business management software in addition to providing print and digital marketing solutions to SMBs. Its solutions enable small and medium-sized business clients to attract and generate new business leads, manage their customer relationships efficiently with artificial intelligence (AI) tools and automation. The group has two business segments; Thryv SaaS deriving maximum revenue and Thryv Marketing Services.
51GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$3.70
Price
$11.30
GF Value