Thryv Holdings, Inc. Earnings Per Share Disclosure
| Years Ended December 31, | |||||||||||||||||
| (in thousands, except share and per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Basic net income (loss) per share: | |||||||||||||||||
| Net income (loss) | $ | 307 | $ | (74,216) | $ | (259,295) | |||||||||||
Weighted-average basic shares outstanding | 43,621,796 | 37,142,271 | 34,723,491 | ||||||||||||||
| Basic net income (loss) per share | $ | 0.01 | $ | (2.00) | $ | (7.47) | |||||||||||
| Years Ended December 31, | |||||||||||||||||
| (in thousands, except share and per share amounts) | 2025 | 2024 | 2023 | ||||||||||||||
| Diluted net income (loss) per share: | |||||||||||||||||
| Net income (loss) | $ | 307 | $ | (74,216) | $ | (259,295) | |||||||||||
Weighted-average basic shares outstanding | 43,621,796 | 37,142,271 | 34,723,491 | ||||||||||||||
Plus: Common stock equivalents | 855,073 | — | — | ||||||||||||||
Weighted-average diluted shares outstanding | 44,476,869 | 37,142,271 | 34,723,491 | ||||||||||||||
| Diluted net income (loss) per share | $ | 0.01 | $ | (2.00) | $ | (7.47) | |||||||||||
| Years Ended December 31, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| Outstanding stock options | 2,147,606 | 2,704,862 | 3,309,222 | ||||||||||||||
| Outstanding RSUs | 1,194,153 | 1,187,634 | 992,464 | ||||||||||||||
| Outstanding PSUs | 261,102 | 1,472,599 | 1,130,779 | ||||||||||||||
| Outstanding ESPP shares | 362,757 | 121,097 | 122,799 | ||||||||||||||
| Outstanding stock warrants | — | — | 3,489,662 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 26, 2026 | Showing above |
| 2020 | Mar 25, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.