Q2 vs Thryv
Q2 reported revenue of $795 million in fiscal 2025, about the same as Thryv's $785 million in fiscal 2025. Q2's revenue grew 14.1% in its latest year, and Thryv's fell 4.8%. Q2 had an operating margin of 5.0%, against 7.2% at Thryv. Free cash flow was $195 million at Q2 and $31 million at Thryv.
Side by side
| Q2 | Thryv | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $795M | $785M |
| Revenue growth | 14.1% | −4.8% |
| Revenue growth a year, last 5 years | 14.6% | −6.7% |
| Gross margin | 54.1% | 67.9% |
| Operating margin | 5.0% | 7.2% |
| Net margin | 6.5% | 0.0% |
| Free cash flow | $195M | $31M |
| Free cash flow margin | 24.5% | 4.0% |
| Return on capital | 6.9% | 6.1% |
| Net debt to EBITDA | −1.4x | 2.6x |
| Dividends and buybacks | $5M | $5M |
| Change in diluted share count | 8.3% | 19.8% |
| Last close | $73.92 | $1.18 |
| P/E at the last close | 43.7× | — |
| Insider trades, last 12 months | sold $31.5 million | — |
| Piotroski F-score | 7 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Q2Thryv
Operating margin
Percent of revenue
Q2Thryv
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Q2Thryv