Deluxe Corporation (DLX) Income Statement
DLX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDLX revenue and net income
Where DLX's revenue goes
2025Each bar shows an amount and its share of revenue. DLX kept 3.8% of revenue as net income.
DLX profit margins
DLX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +0.5% | −1.6% | +3.6% | +1.9% |
| Gross profit | +0.5% | −2.1% | +1.3% | −0.0% |
| Operating income | +34.6% | +15.1% | +44.7% | −3.1% |
| Net income | +55.5% | +7.9% | +73.4% | −9.3% |
| EPS (diluted) | +8.2% | −4.3% | −6.9% | −2.5% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DLX quarterly EPS vs estimates
Deluxe beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: November 4, 2026 (estimate $0.87).
DLX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.13B | $2.12B | $2.19B | $2.24B | $2.02B | $1.79B | $2.01B | $2.00B | $1.97B | $1.85B |
| Cost of revenue | $1.00B | $995.3M | $1.03B | $1.03B | $884.3M | $730.8M | $812.9M | $791.7M | $742.1M | $667.3M |
| Gross profit | $1.13B | $1.13B | $1.16B | $1.21B | $1.14B | $1.06B | $1.20B | $1.21B | $1.22B | $1.18B |
| Sales, general & admin | $869.4M | $909.2M | $967.0M | $993.3M | $941.0M | $841.7M | $891.7M | $862.4M | $828.9M | $806.0M |
| Total operating expenses | $873.3M | $934.3M | $1.00B | $1.04B | $995.8M | $1.02B | $1.38B | $845.6M | $828.8M | $806.0M |
| Operating income | $258.6M | $192.2M | $160.8M | $169.4M | $142.2M | $40.7M | −$188.3M | $239.7M | $331.2M | $368.7M |
| Interest income | $122.0M | $123.3M | $125.6M | $94.5M | $55.6M | $23.1M | $34.7M | $27.1M | $21.4M | $22.3M |
| Interest expense | $122.0M | $123.3M | $125.6M | $94.5M | $55.6M | $23.1M | $34.7M | $27.1M | $21.4M | $22.3M |
| Income before taxes | $119.1M | $76.5M | $39.8M | $84.4M | $93.8M | $26.8M | −$215.7M | $221.2M | $312.8M | $340.4M |
| Income taxes | $36.9M | $23.6M | $13.6M | $18.8M | $31.0M | $21.5M | $8.0M | $65.3M | $82.6M | $111.0M |
| Net income | $82.1M | $52.8M | $26.1M | $65.4M | $62.6M | $5.2M | −$223.8M | $155.9M | $230.2M | $229.4M |
| EBITDA | $379.0M | $365.3M | $335.1M | $351.4M | $298.1M | $160.7M | −$55.0M | $370.8M | $456.8M | $454.3M |
| EPS (diluted) | $3.57 | $3.30 | $3.32 | $4.07 | $4.87 | $5.10 | $6.33 | $5.69 | $5.26 | $4.96 |
| Gross margin | 53.1% | 53.1% | 53.0% | 53.9% | 56.3% | 59.2% | 59.5% | 60.4% | 62.2% | 63.9% |
| Operating margin | 12.1% | 9.1% | 7.3% | 7.6% | 7.0% | 2.3% | −9.4% | 12.0% | 16.8% | 19.9% |
| Net margin | 3.8% | 2.5% | 1.2% | 2.9% | 3.1% | 0.3% | −11.1% | 7.8% | 11.7% | 12.4% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $499.3M | $538.1M | $535.3M | $540.2M | $521.3M | $536.5M | $520.5M | $528.4M | $537.8M | $535.0M | $537.4M | $537.8M |
| Cost of revenue | $239.7M | $258.4M | $255.8M | $249.1M | $241.8M | $254.7M | $248.3M | $246.6M | $249.0M | $251.4M | $253.8M | $255.1M |
| Gross profit | $259.6M | $279.7M | $279.5M | $291.1M | $279.5M | $281.8M | $272.3M | $281.9M | $288.8M | $283.5M | $283.5M | $282.7M |
| Sales, general & admin | $202.1M | $209.3M | $221.2M | $212.4M | $214.4M | $225.3M | $213.5M | $227.8M | $233.8M | $234.1M | $229.2M | $233.9M |
| Total operating expenses | $203.9M | $209.3M | $221.3M | $212.4M | $214.4M | $225.3M | $225.2M | $240.3M | $229.5M | $239.3M | $232.6M | $261.1M |
| Operating income | $55.7M | $70.4M | $58.2M | $78.8M | $65.0M | $56.5M | $47.1M | $41.6M | $59.3M | $44.2M | $51.0M | $21.6M |
| Interest income | — | — | $29.3M | $30.5M | $30.9M | $31.3M | $32.4M | $29.9M | — | — | — | $32.0M |
| Interest expense | $28.0M | $27.7M | $29.3M | $30.5M | $30.9M | $31.3M | $32.4M | $29.9M | $30.2M | $30.8M | $31.7M | $32.0M |
| Income before taxes | $30.1M | $46.6M | $20.9M | $47.2M | $31.7M | $19.3M | $15.7M | $13.5M | $30.9M | $16.4M | $19.4M | −$9.2M |
| Income taxes | $10.9M | $10.8M | $8.9M | $13.4M | $9.2M | $5.2M | $3.1M | $4.5M | $10.4M | $5.5M | $4.4M | −$1.2M |
| Net income | $19.1M | $35.8M | $12.0M | $33.7M | $22.4M | $14.0M | $12.6M | $18.1M | $20.5M | $10.8M | $15.0M | −$8.0M |
| EBITDA | $89.5M | $111.0M | $87.1M | $110.0M | $96.1M | $85.8M | $85.9M | $87.7M | $102.8M | $88.9M | $95.8M | $61.7M |
| EPS (diluted) | $0.75 | $1.05 | $0.96 | $0.98 | $0.88 | $0.75 | $0.84 | $0.84 | $0.86 | $0.76 | $0.80 | $0.79 |
| Gross margin | 52.0% | 52.0% | 52.2% | 53.9% | 53.6% | 52.5% | 52.3% | 53.3% | 53.7% | 53.0% | 52.8% | 52.6% |
| Operating margin | 11.2% | 13.1% | 10.9% | 14.6% | 12.5% | 10.5% | 9.0% | 7.9% | 11.0% | 8.3% | 9.5% | 4.0% |
| Net margin | 3.8% | 6.7% | 2.2% | 6.2% | 4.3% | 2.6% | 2.4% | 3.4% | 3.8% | 2.0% | 2.8% | −1.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DLX's financial statements (latest annual report filed February 13, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DLX financial results
In fiscal year 2025 (ended December 31, 2025), Deluxe reported revenue of $2.1 billion, up 0.5% from the year before. It had net income of $82.1 million (up 55.5%), a net profit margin of 3.8%. Diluted earnings per share came to $3.57. Over five years revenue grew at an average rate of 3.6% a year.
See the DLX stock overview for the latest quote and news, or the DLX chart for price history and technical indicators.
DLX income statement FAQ
What is Deluxe's annual revenue?
Deluxe reported total revenue of $2.1 billion for fiscal year 2025, which ended on December 31, 2025. That was up 0.5% from $2.1 billion the previous year.
Is Deluxe profitable?
Yes. Deluxe reported net income of $82.1 million in fiscal 2025, a net profit margin of 3.8%; its operating margin was 12.1%.
What is Deluxe's gross margin?
Deluxe's gross margin was 53.1% in fiscal 2025: for every $100 of revenue, Deluxe kept $53 after the direct cost of its products and services.
How fast is Deluxe growing?
Revenue grew 3.6% a year on average over the last five fiscal years, from $1.8 billion to $2.1 billion.
What are Deluxe's earnings per share?
Deluxe earned $3.57 per diluted share in fiscal 2025, compared with $3.30 a year earlier.
When will Deluxe report its next earnings?
Deluxe is expected to report results for the quarter ending September 30, 2026 on November 4, 2026 after the market closes.
When does Deluxe's fiscal year end?
Deluxe's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on February 13, 2026.