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Side-by-side financial comparison of COMMUNITY FINANCIAL SYSTEM, INC. (CBU) and Thryv Holdings, Inc. (THRY). Click either name above to swap in a different company.

COMMUNITY FINANCIAL SYSTEM, INC. is the larger business by last-quarter revenue ($214.5M vs $167.7M, roughly 1.3× Thryv Holdings, Inc.). COMMUNITY FINANCIAL SYSTEM, INC. runs the higher net margin — 26.7% vs 2.7%, a 24.0% gap on every dollar of revenue. On growth, COMMUNITY FINANCIAL SYSTEM, INC. posted the faster year-over-year revenue change (8.7% vs -7.5%). Over the past eight quarters, COMMUNITY FINANCIAL SYSTEM, INC.'s revenue compounded faster (7.9% CAGR vs -13.5%).

Community Health Systems (CHS) is a Fortune 500 company based in Franklin, Tennessee. It was the largest provider of general hospital healthcare services in the United States in terms of number of acute care facilities. In 2014, CHS had around 200 hospitals, but the number had declined to around 85 in 2021.

Thryv Holdings, Inc. is a publicly traded software as a service (SaaS) company, providing customer relationship management and online reputation management software for small businesses. It has headquarters in Dallas, Texas, and operates in 48 states across the United States of America with more than 2,400 employees. The company began as a conglomerate of Yellow Pages companies. In June 2020, Thryv reported $1.3 billion in revenue over a twelve-month period.

CBU vs THRY — Head-to-Head

Bigger by revenue
CBU
CBU
1.3× larger
CBU
$214.5M
$167.7M
THRY
Growing faster (revenue YoY)
CBU
CBU
+16.2% gap
CBU
8.7%
-7.5%
THRY
Higher net margin
CBU
CBU
24.0% more per $
CBU
26.7%
2.7%
THRY
Faster 2-yr revenue CAGR
CBU
CBU
Annualised
CBU
7.9%
-13.5%
THRY

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
CBU
CBU
THRY
THRY
Revenue
$214.5M
$167.7M
Net Profit
$57.2M
$4.5M
Gross Margin
65.2%
Operating Margin
37.3%
Net Margin
26.7%
2.7%
Revenue YoY
8.7%
-7.5%
Net Profit YoY
15.3%
147.2%
EPS (diluted)
$1.15
$0.10

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CBU
CBU
THRY
THRY
Q1 26
$214.5M
$167.7M
Q4 25
$217.0M
$191.6M
Q3 25
$208.1M
$201.6M
Q2 25
$200.5M
$210.5M
Q1 25
$197.3M
$181.4M
Q4 24
$197.4M
$186.6M
Q3 24
$190.3M
$179.9M
Q2 24
$184.3M
$224.1M
Net Profit
CBU
CBU
THRY
THRY
Q1 26
$57.2M
$4.5M
Q4 25
$54.4M
$-9.7M
Q3 25
$55.1M
$5.7M
Q2 25
$51.3M
$13.9M
Q1 25
$49.6M
$-9.6M
Q4 24
$49.8M
$7.9M
Q3 24
$43.9M
$-96.1M
Q2 24
$47.9M
$5.5M
Gross Margin
CBU
CBU
THRY
THRY
Q1 26
65.2%
Q4 25
68.0%
Q3 25
67.7%
Q2 25
69.7%
Q1 25
65.8%
Q4 24
65.9%
Q3 24
62.3%
Q2 24
66.3%
Operating Margin
CBU
CBU
THRY
THRY
Q1 26
37.3%
Q4 25
33.1%
5.3%
Q3 25
35.2%
9.9%
Q2 25
32.9%
14.0%
Q1 25
32.6%
-1.7%
Q4 24
32.7%
-3.9%
Q3 24
30.0%
-49.2%
Q2 24
33.7%
14.0%
Net Margin
CBU
CBU
THRY
THRY
Q1 26
26.7%
2.7%
Q4 25
25.1%
-5.0%
Q3 25
26.5%
2.8%
Q2 25
25.6%
6.6%
Q1 25
25.1%
-5.3%
Q4 24
25.2%
4.2%
Q3 24
23.1%
-53.4%
Q2 24
26.0%
2.5%
EPS (diluted)
CBU
CBU
THRY
THRY
Q1 26
$1.15
$0.10
Q4 25
$1.03
$-0.21
Q3 25
$1.04
$0.13
Q2 25
$0.97
$0.31
Q1 25
$0.93
$-0.22
Q4 24
$0.94
$0.28
Q3 24
$0.83
$-2.65
Q2 24
$0.91
$0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CBU
CBU
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$572.2M
$8.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.0B
$225.4M
Total Assets
$17.5B
$693.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CBU
CBU
THRY
THRY
Q1 26
$572.2M
$8.0M
Q4 25
$301.8M
$10.8M
Q3 25
$245.2M
$11.6M
Q2 25
$237.2M
$10.8M
Q1 25
$518.0M
$11.0M
Q4 24
$197.0M
$16.3M
Q3 24
$346.1M
$12.5M
Q2 24
$201.5M
$15.5M
Total Debt
CBU
CBU
THRY
THRY
Q1 26
Q4 25
$253.5M
Q3 25
$268.2M
Q2 25
$275.6M
Q1 25
$299.0M
Q4 24
$990.2M
$284.3M
Q3 24
$307.8M
Q2 24
$342.1M
Stockholders' Equity
CBU
CBU
THRY
THRY
Q1 26
$2.0B
$225.4M
Q4 25
$2.0B
$218.1M
Q3 25
$1.9B
$221.1M
Q2 25
$1.9B
$214.9M
Q1 25
$1.8B
$193.2M
Q4 24
$1.8B
$196.9M
Q3 24
$1.8B
$94.5M
Q2 24
$1.7B
$183.1M
Total Assets
CBU
CBU
THRY
THRY
Q1 26
$17.5B
$693.7M
Q4 25
$17.3B
$688.6M
Q3 25
$17.0B
$701.8M
Q2 25
$16.7B
$687.7M
Q1 25
$16.8B
$703.7M
Q4 24
$16.4B
$712.2M
Q3 24
$16.4B
$654.8M
Q2 24
$15.9B
$785.5M
Debt / Equity
CBU
CBU
THRY
THRY
Q1 26
Q4 25
1.16×
Q3 25
1.21×
Q2 25
1.28×
Q1 25
1.55×
Q4 24
0.56×
1.44×
Q3 24
3.26×
Q2 24
1.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CBU
CBU
THRY
THRY
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$-5.5M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CBU
CBU
THRY
THRY
Q1 26
Q4 25
$301.9M
$22.2M
Q3 25
$101.1M
$22.2M
Q2 25
$53.7M
$29.6M
Q1 25
$62.5M
$-10.5M
Q4 24
$242.3M
$26.1M
Q3 24
$56.9M
$36.0M
Q2 24
$39.8M
$22.2M
Free Cash Flow
CBU
CBU
THRY
THRY
Q1 26
$-5.5M
Q4 25
$233.3M
$12.3M
Q3 25
$83.4M
$14.6M
Q2 25
$36.4M
$21.8M
Q1 25
$52.0M
$-17.6M
Q4 24
$221.6M
$17.3M
Q3 24
$51.9M
$27.5M
Q2 24
$33.8M
$13.3M
FCF Margin
CBU
CBU
THRY
THRY
Q1 26
-3.3%
Q4 25
107.5%
6.4%
Q3 25
40.1%
7.2%
Q2 25
18.1%
10.4%
Q1 25
26.3%
-9.7%
Q4 24
112.2%
9.3%
Q3 24
27.3%
15.3%
Q2 24
18.3%
5.9%
Capex Intensity
CBU
CBU
THRY
THRY
Q1 26
Q4 25
31.6%
5.2%
Q3 25
8.5%
3.8%
Q2 25
8.6%
3.7%
Q1 25
5.3%
3.9%
Q4 24
10.5%
4.7%
Q3 24
2.6%
4.7%
Q2 24
3.3%
4.0%
Cash Conversion
CBU
CBU
THRY
THRY
Q1 26
Q4 25
5.55×
Q3 25
1.84×
3.93×
Q2 25
1.05×
2.12×
Q1 25
1.26×
Q4 24
4.87×
3.32×
Q3 24
1.30×
Q2 24
0.83×
4.01×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CBU
CBU

Segment breakdown not available.

THRY
THRY

SaaS$116.7M70%
Other$50.9M30%

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