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Deluxe DLX B2B Payments — Adjusted EBITDA

Other segment segments

Print
$86M-4.9%
Merchant Services
$25.1M+15.7%
Data Solutions
$18.1M-11.3%

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Other financials

Income statement

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Revenue$499.3M-4.2%
Gross profit$259.6M-7.1%
Operating income$55.7M-8.4%
Net income$19.1M-14.7%
EPS (diluted)$0.41-18.0%

Balance sheet

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Cash & equivalents$54.4M+31.1%
Total debt$1.5B-5.8%
Total equity$707.9M+10.8%
Total assets$2.6B+1.1%

Cash flow

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Operating cash flow$81.2M+58.9%
CapEx$22.6M-3.0%
Free cash flow$58.6M+111%

Valuation

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Market cap$1.19B+35.2%
Enterprise value$2.61B+8.2%
P/E11.9×-3.4×
P/S0.6×+0.1×

Profitability

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Gross margin52.5%-0.4pp
Operating margin11.9%+2.5pp
Net margin4.8%+2.0pp
FCF margin9.9%+3.5pp

Returns & leverage

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Return on equity14.9%+5.7pp
Debt / equity2.1×-0.4×
Current ratio1.2×+0.3×

Where this comes from

Reported directly by Deluxe in its filing.

Tagged under the XBRL concept dlx:AdjustedEBITDA.

The source filing: Deluxe’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 9:28 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000027996-26-000112
(in millions)Quarter Ended June 30, 2026Quarter Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
B2B Payments:
Revenue$73.5$71.0$147.1$141.1
Other segment items(55.2)(55.4)(111.6)(112.2)
Adjusted EBITDA18.315.635.528.9
Data Solutions:
Revenue$82.3$67.8$179.7$145.1
Other segment items(64.2)(47.4)(138.7)(105.1)
Adjusted EBITDA18.120.441.040.0

Item 1. Consolidated Balance Sheets

FAQ

What is Deluxe's B2B payments — adjusted EBITDA?
Deluxe (DLX) reported B2B payments — adjusted EBITDA of $18.3M in Q2 2026.
How has Deluxe's B2B payments — adjusted EBITDA changed year-over-year?
Deluxe's B2B payments — adjusted EBITDA increased by 17.3% year-over-year, from $15.6M to $18.3M.
What is the long-term trend for Deluxe's B2B payments — adjusted EBITDA?
Over 3 years (2022 to 2025), Deluxe's B2B payments — adjusted EBITDA has grown at a -3.3% compound annual growth rate (CAGR), from $71.24M to $64.36M.
What does B2B payments — adjusted EBITDA mean?
A measure of the B2B Payments segment's operational profitability, calculated by taking segment earnings and adding back interest, taxes, depreciation, amortization, and other non-cash or non-recurring items. By excluding these accounting and financing variables, this metric provides a clearer view of the segment's core cash-generating capability from its payment processing activities. It is a key performance indicator used to evaluate the segment's ability to fund its own growth and contribute to overall corporate cash flow.

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