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Thryv Holdings, Inc.（THRY）与VIRTUS INVESTMENT PARTNERS, INC.（VRTS）财务数据对比。点击上方公司名可切换其他公司
VIRTUS INVESTMENT PARTNERS, INC.的季度营收约是Thryv Holdings, Inc.的1.2倍（$199.5M vs $167.7M），VIRTUS INVESTMENT PARTNERS, INC.净利率更高（3.6% vs 2.7%，领先0.8%），VIRTUS INVESTMENT PARTNERS, INC.同比增速更快（-4.1% vs -7.5%），过去两年VIRTUS INVESTMENT PARTNERS, INC.的营收复合增速更高（-5.7% vs -13.5%）
Thryv Holdings, Inc.是一家上市软件服务（SaaS）企业，面向中小企业提供客户关系管理与网络声誉管理软件解决方案。公司总部位于得克萨斯州达拉斯，业务覆盖美国48个州，现有员工超过2400名，其前身是多家黄页企业组成的集团。
Virtus Investment Partners是一家美国多管理人资产管理企业，旗下汇集多家具备独立投资流程与自有品牌的关联投资管理人，同时也提供非关联子投资顾问服务，为客户提供多元化的资产管理解决方案。
THRY vs VRTS — 直观对比
营收规模更大
VRTS
是对方的1.2倍
$167.7M
营收增速更快
VRTS
高出3.5%
-7.5%
净利率更高
VRTS
高出0.8%
2.7%
两年增速更快
VRTS
近两年复合增速
-13.5%
损益表 — Q1 FY2026 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $167.7M | $199.5M |
| 净利润 | $4.5M | $7.1M |
| 毛利率 | 65.2% | — |
| 营业利润率 | 37.3% | 7.7% |
| 净利率 | 2.7% | 3.6% |
| 营收同比 | -7.5% | -4.1% |
| 净利润同比 | 147.2% | -78.1% |
| 每股收益（稀释后） | $0.10 | $1.05 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收THRYVRTS
| Q1 26 | $167.7M | $199.5M | ||
| Q4 25 | $191.6M | $208.0M | ||
| Q3 25 | $201.6M | $216.4M | ||
| Q2 25 | $210.5M | $210.5M | ||
| Q1 25 | $181.4M | $217.9M | ||
| Q4 24 | $186.6M | $233.5M | ||
| Q3 24 | $179.9M | $227.0M | ||
| Q2 24 | $224.1M | $224.4M |
净利润THRYVRTS
| Q1 26 | $4.5M | $7.1M | ||
| Q4 25 | $-9.7M | $33.9M | ||
| Q3 25 | $5.7M | $31.3M | ||
| Q2 25 | $13.9M | $42.7M | ||
| Q1 25 | $-9.6M | $28.1M | ||
| Q4 24 | $7.9M | $39.5M | ||
| Q3 24 | $-96.1M | $49.1M | ||
| Q2 24 | $5.5M | $26.0M |
毛利率THRYVRTS
| 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% | — |
营业利润率THRYVRTS
| Q1 26 | 37.3% | 7.7% | ||
| Q4 25 | 5.3% | 19.1% | ||
| Q3 25 | 9.9% | 21.7% | ||
| Q2 25 | 14.0% | 21.5% | ||
| Q1 25 | -1.7% | 16.8% | ||
| Q4 24 | -3.9% | 21.7% | ||
| Q3 24 | -49.2% | 24.3% | ||
| Q2 24 | 14.0% | 19.7% |
净利率THRYVRTS
| Q1 26 | 2.7% | 3.6% | ||
| Q4 25 | -5.0% | 16.3% | ||
| Q3 25 | 2.8% | 14.5% | ||
| Q2 25 | 6.6% | 20.3% | ||
| Q1 25 | -5.3% | 12.9% | ||
| Q4 24 | 4.2% | 16.9% | ||
| Q3 24 | -53.4% | 21.6% | ||
| Q2 24 | 2.5% | 11.6% |
每股收益（稀释后）THRYVRTS
| Q1 26 | $0.10 | $1.05 | ||
| Q4 25 | $-0.21 | $5.15 | ||
| Q3 25 | $0.13 | $4.65 | ||
| Q2 25 | $0.31 | $6.12 | ||
| Q1 25 | $-0.22 | $4.05 | ||
| Q4 24 | $0.28 | $4.65 | ||
| Q3 24 | $-2.65 | $5.71 | ||
| Q2 24 | $0.15 | $2.43 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $8.0M | $136.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $225.4M | $93.6B |
| 总资产 | $693.7M | — |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资THRYVRTS
| Q1 26 | $8.0M | $136.6M | ||
| Q4 25 | $10.8M | — | ||
| Q3 25 | $11.6M | — | ||
| Q2 25 | $10.8M | — | ||
| Q1 25 | $11.0M | — | ||
| Q4 24 | $16.3M | — | ||
| Q3 24 | $12.5M | — | ||
| Q2 24 | $15.5M | — |
总债务THRYVRTS
| Q1 26 | — | — | ||
| Q4 25 | $253.5M | $390.0M | ||
| Q3 25 | $268.2M | $390.6M | ||
| Q2 25 | $275.6M | $231.3M | ||
| Q1 25 | $299.0M | $231.7M | ||
| Q4 24 | $284.3M | $232.1M | ||
| Q3 24 | $307.8M | $237.5M | ||
| Q2 24 | $342.1M | $247.6M |
股东权益THRYVRTS
| Q1 26 | $225.4M | $93.6B | ||
| Q4 25 | $218.1M | $934.0M | ||
| Q3 25 | $221.1M | $918.7M | ||
| Q2 25 | $214.9M | $896.4M | ||
| Q1 25 | $193.2M | $893.7M | ||
| Q4 24 | $196.9M | $897.5M | ||
| Q3 24 | $94.5M | $889.0M | ||
| Q2 24 | $183.1M | $868.7M |
总资产THRYVRTS
| Q1 26 | $693.7M | — | ||
| Q4 25 | $688.6M | $4.3B | ||
| Q3 25 | $701.8M | $3.9B | ||
| Q2 25 | $687.7M | $3.7B | ||
| Q1 25 | $703.7M | $3.7B | ||
| Q4 24 | $712.2M | $4.0B | ||
| Q3 24 | $654.8M | $3.6B | ||
| Q2 24 | $785.5M | $3.6B |
负债/权益比THRYVRTS
| Q1 26 | — | — | ||
| Q4 25 | 1.16× | 0.42× | ||
| Q3 25 | 1.21× | 0.43× | ||
| Q2 25 | 1.28× | 0.26× | ||
| Q1 25 | 1.55× | 0.26× | ||
| Q4 24 | 1.44× | 0.26× | ||
| Q3 24 | 3.26× | 0.27× | ||
| Q2 24 | 1.87× | 0.29× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | — | — |
| 自由现金流经营现金流 - 资本支出 | $-5.5M | — |
| 自由现金流率自由现金流/营收 | -3.3% | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $43.3M | — |
8季度趋势，按日历期对齐
经营现金流THRYVRTS
| Q1 26 | — | — | ||
| Q4 25 | $22.2M | $-67.2M | ||
| Q3 25 | $22.2M | $108.3M | ||
| Q2 25 | $29.6M | $75.8M | ||
| Q1 25 | $-10.5M | $-3.8M | ||
| Q4 24 | $26.1M | $1.8M | ||
| Q3 24 | $36.0M | $69.1M | ||
| Q2 24 | $22.2M | $70.0M |
自由现金流THRYVRTS
| Q1 26 | $-5.5M | — | ||
| Q4 25 | $12.3M | $-74.1M | ||
| Q3 25 | $14.6M | $106.9M | ||
| Q2 25 | $21.8M | $74.2M | ||
| Q1 25 | $-17.6M | $-6.8M | ||
| Q4 24 | $17.3M | $-3.8M | ||
| Q3 24 | $27.5M | $68.7M | ||
| Q2 24 | $13.3M | $68.6M |
自由现金流率THRYVRTS
| Q1 26 | -3.3% | — | ||
| Q4 25 | 6.4% | -35.6% | ||
| Q3 25 | 7.2% | 49.4% | ||
| Q2 25 | 10.4% | 35.2% | ||
| Q1 25 | -9.7% | -3.1% | ||
| Q4 24 | 9.3% | -1.6% | ||
| Q3 24 | 15.3% | 30.3% | ||
| Q2 24 | 5.9% | 30.6% |
资本支出强度THRYVRTS
| Q1 26 | — | — | ||
| Q4 25 | 5.2% | 3.3% | ||
| Q3 25 | 3.8% | 0.7% | ||
| Q2 25 | 3.7% | 0.7% | ||
| Q1 25 | 3.9% | 1.4% | ||
| Q4 24 | 4.7% | 2.4% | ||
| Q3 24 | 4.7% | 0.2% | ||
| Q2 24 | 4.0% | 0.6% |
现金转化率THRYVRTS
| Q1 26 | — | — | ||
| Q4 25 | — | -1.99× | ||
| Q3 25 | 3.93× | 3.45× | ||
| Q2 25 | 2.12× | 1.77× | ||
| Q1 25 | — | -0.13× | ||
| Q4 24 | 3.32× | 0.04× | ||
| Q3 24 | — | 1.41× | ||
| Q2 24 | 4.01× | 2.69× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
THRY
| SaaS | $116.7M | 70% |
| Other | $50.9M | 30% |
VRTS
| Investment management fees | $169.1M | 85% |
| Administration and shareholder service fees | $17.3M | 9% |
| Distribution and service fees | $11.6M | 6% |
