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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) and Thryv Holdings, Inc. (THRY). Click either name above to swap in a different company.

PARK NATIONAL CORP is the larger business by last-quarter revenue ($168.3M vs $167.7M, roughly 1.0× Thryv Holdings, Inc.). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 2.7%, a 22.6% gap on every dollar of revenue. On growth, PARK NATIONAL CORP posted the faster year-over-year revenue change (2.2% vs -7.5%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $-5.5M). Over the past eight quarters, PARK NATIONAL CORP's revenue compounded faster (4.9% CAGR vs -13.5%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, United States.

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.

PRK vs THRY — Head-to-Head

Bigger by revenue
PRK
PRK
1.0× larger
PRK
$168.3M
$167.7M
THRY
Growing faster (revenue YoY)
PRK
PRK
+9.7% gap
PRK
2.2%
-7.5%
THRY
Higher net margin
PRK
PRK
22.6% more per $
PRK
25.3%
2.7%
THRY
More free cash flow
PRK
PRK
$197.4M more FCF
PRK
$191.9M
$-5.5M
THRY
Faster 2-yr revenue CAGR
PRK
PRK
Annualised
PRK
4.9%
-13.5%
THRY

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PRK
PRK
THRY
THRY
Revenue
$168.3M
$167.7M
Net Profit
$42.6M
$4.5M
Gross Margin
65.2%
Operating Margin
37.3%
Net Margin
25.3%
2.7%
Revenue YoY
2.2%
-7.5%
Net Profit YoY
10.4%
147.2%
EPS (diluted)
$2.62
$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
PRK
PRK
THRY
THRY
Q1 26
$167.7M
Q4 25
$168.3M
$191.6M
Q3 25
$169.5M
$201.6M
Q2 25
$168.7M
$210.5M
Q1 25
$157.9M
$181.4M
Q4 24
$164.7M
$186.6M
Q3 24
$170.3M
$179.9M
Q2 24
$157.7M
$224.1M
Net Profit
PRK
PRK
THRY
THRY
Q1 26
$4.5M
Q4 25
$42.6M
$-9.7M
Q3 25
$47.2M
$5.7M
Q2 25
$48.1M
$13.9M
Q1 25
$42.2M
$-9.6M
Q4 24
$38.6M
$7.9M
Q3 24
$38.2M
$-96.1M
Q2 24
$39.4M
$5.5M
Gross Margin
PRK
PRK
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
PRK
PRK
THRY
THRY
Q1 26
37.3%
Q4 25
5.3%
Q3 25
34.3%
9.9%
Q2 25
35.2%
14.0%
Q1 25
32.4%
-1.7%
Q4 24
-3.9%
Q3 24
27.4%
-49.2%
Q2 24
30.6%
14.0%
Net Margin
PRK
PRK
THRY
THRY
Q1 26
2.7%
Q4 25
25.3%
-5.0%
Q3 25
27.8%
2.8%
Q2 25
28.5%
6.6%
Q1 25
26.7%
-5.3%
Q4 24
23.5%
4.2%
Q3 24
22.4%
-53.4%
Q2 24
25.0%
2.5%
EPS (diluted)
PRK
PRK
THRY
THRY
Q1 26
$0.10
Q4 25
$2.62
$-0.21
Q3 25
$2.92
$0.13
Q2 25
$2.97
$0.31
Q1 25
$2.60
$-0.22
Q4 24
$2.38
$0.28
Q3 24
$2.35
$-2.65
Q2 24
$2.42
$0.15

Balance Sheet & Financial Strength

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

Metric
PRK
PRK
THRY
THRY
Cash + ST InvestmentsLiquidity on hand
$233.5M
$8.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$225.4M
Total Assets
$9.8B
$693.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
THRY
THRY
Q1 26
$8.0M
Q4 25
$233.5M
$10.8M
Q3 25
$218.9M
$11.6M
Q2 25
$193.1M
$10.8M
Q1 25
$237.6M
$11.0M
Q4 24
$160.6M
$16.3M
Q3 24
$201.7M
$12.5M
Q2 24
$261.5M
$15.5M
Total Debt
PRK
PRK
THRY
THRY
Q1 26
Q4 25
$253.5M
Q3 25
$268.2M
Q2 25
$275.6M
Q1 25
$299.0M
Q4 24
$284.3M
Q3 24
$307.8M
Q2 24
$342.1M
Stockholders' Equity
PRK
PRK
THRY
THRY
Q1 26
$225.4M
Q4 25
$1.4B
$218.1M
Q3 25
$1.3B
$221.1M
Q2 25
$1.3B
$214.9M
Q1 25
$1.3B
$193.2M
Q4 24
$1.2B
$196.9M
Q3 24
$1.2B
$94.5M
Q2 24
$1.2B
$183.1M
Total Assets
PRK
PRK
THRY
THRY
Q1 26
$693.7M
Q4 25
$9.8B
$688.6M
Q3 25
$9.9B
$701.8M
Q2 25
$9.9B
$687.7M
Q1 25
$9.9B
$703.7M
Q4 24
$9.8B
$712.2M
Q3 24
$9.9B
$654.8M
Q2 24
$9.9B
$785.5M
Debt / Equity
PRK
PRK
THRY
THRY
Q1 26
Q4 25
1.16×
Q3 25
1.21×
Q2 25
1.28×
Q1 25
1.55×
Q4 24
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
PRK
PRK
THRY
THRY
Operating Cash FlowLast quarter
$198.3M
Free Cash FlowOCF − Capex
$191.9M
$-5.5M
FCF MarginFCF / Revenue
114.1%
-3.3%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
4.65×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$43.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
THRY
THRY
Q1 26
Q4 25
$198.3M
$22.2M
Q3 25
$52.6M
$22.2M
Q2 25
$49.7M
$29.6M
Q1 25
$37.9M
$-10.5M
Q4 24
$178.8M
$26.1M
Q3 24
$43.8M
$36.0M
Q2 24
$50.9M
$22.2M
Free Cash Flow
PRK
PRK
THRY
THRY
Q1 26
$-5.5M
Q4 25
$191.9M
$12.3M
Q3 25
$51.1M
$14.6M
Q2 25
$48.4M
$21.8M
Q1 25
$36.8M
$-17.6M
Q4 24
$169.7M
$17.3M
Q3 24
$41.7M
$27.5M
Q2 24
$49.0M
$13.3M
FCF Margin
PRK
PRK
THRY
THRY
Q1 26
-3.3%
Q4 25
114.1%
6.4%
Q3 25
30.1%
7.2%
Q2 25
28.7%
10.4%
Q1 25
23.3%
-9.7%
Q4 24
103.0%
9.3%
Q3 24
24.5%
15.3%
Q2 24
31.1%
5.9%
Capex Intensity
PRK
PRK
THRY
THRY
Q1 26
Q4 25
3.8%
5.2%
Q3 25
0.9%
3.8%
Q2 25
0.8%
3.7%
Q1 25
0.7%
3.9%
Q4 24
5.6%
4.7%
Q3 24
1.2%
4.7%
Q2 24
1.2%
4.0%
Cash Conversion
PRK
PRK
THRY
THRY
Q1 26
Q4 25
4.65×
Q3 25
1.11×
3.93×
Q2 25
1.03×
2.12×
Q1 25
0.90×
Q4 24
4.63×
3.32×
Q3 24
1.14×
Q2 24
1.29×
4.01×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRK
PRK

Segment breakdown not available.

THRY
THRY

SaaS$116.7M70%
Other$50.9M30%

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