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Deluxe DLX Checks — Revenue

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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$1.15B+35.2%
Enterprise value$2.57B+8.2%
P/E11.4×-3.2×
P/S0.5×+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 us-gaap:Revenues.

The source filing: Deluxe’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 9:35 AM EST
Fiscal year
FY2025
Accession
0000027996-26-000037
(in millions)Year Ended December 31, 2025 / Merchant ServicesYear Ended December 31, 2025 / B2BPaymentsYear Ended December 31, 2025 / Data SolutionsYear Ended December 31, 2025 / PrintConsolidated
Checks$690.0$690.0
Merchant services solutions398.6398.6
Data-driven marketing288.1288.1
Forms and other business products224.8224.8
Treasury management solutions224.7224.7
Promotional solutions222.0222.0
Other payment solutions65.865.8
Other web-based solutions19.219.2

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Deluxe's checks — revenue?
Deluxe (DLX) reported checks — revenue of $172.5M in Q4 2025.
How has Deluxe's checks — revenue changed year-over-year?
Deluxe's checks — revenue decreased by 1.8% year-over-year, from $175.68M to $172.5M.
What is the long-term trend for Deluxe's checks — revenue?
Over 4 years (2021 to 2025), Deluxe's checks — revenue has grown at a -0.5% compound annual growth rate (CAGR), from $703.06M to $690M.
What does checks — revenue mean?
Represents the revenue generated by the Checks product category, encompassing all sales derived from check-related offerings. This metric provides a focused view of the financial contribution of the check product line to the overall organization. It is used to evaluate the segment's ability to maintain revenue streams amidst shifts toward digital payment alternatives.

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