Deluxe (NYSE:DLX) Issues Earnings Results

Posted by Francis Steltz on Aug 5th, 2026

Deluxe (NYSE:DLX – Get Free Report) posted its quarterly earnings data on Wednesday. The business services provider reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.06, FiscalAI reports. Deluxe had a net margin of 5.01% and a return on equity of 24.11%. The company had revenue of $499.30 million for the quarter, compared to analyst estimates of $486.30 million. During the same period in the prior year, the firm posted $0.88 EPS. The company’s quarterly revenue was down 4.2% on a year-over-year basis.

Here are the key takeaways from Deluxe’s conference call:

Q2 execution remained strong, with comparable adjusted revenue up 2.6%, adjusted EBITDA up 5.3%, adjusted EPS increasing to $0.87, and adjusted EBITDA margin expanding to 21.8%. Year-to-date free cash flow rose nearly 65% to $85.9 million, supporting $75.2 million of net debt reduction.
Deluxe closed its Celero acquisition, expanding the merchant-services platform to more than 210,000 merchants and over $70 billion in annual payment volume. Management expects cost synergies and longer-term revenue opportunities, while raising full-year 2026 revenue guidance to $2.095 billion-$2.12 billion and adjusted EBITDA guidance to $455 million-$475 million.
The payments and data businesses continued to drive the transformation, growing 11% year to date and reaching 52% of revenue. Data Solutions revenue increased 21.4% in Q2, marking more than 15% growth for seven consecutive quarters, while merchant-services revenue grew 6.1%.
Print remains a declining business, with comparable adjusted revenue down 4.3% in Q2; legacy check revenue fell 1.7% and other print revenue declined 10.1%. Management expects low- to mid-single-digit print revenue declines for the full year, while warning that difficult comparisons could moderate Data Solutions growth in the second half.
Despite higher revenue and EBITDA guidance from Celero, Deluxe left adjusted EPS guidance at $3.60-$4.00 and free cash flow guidance at approximately $200 million because incremental interest expense, integration costs, and tax effects are expected to offset much of the acquisition’s near-term contribution. The company expects Celero to be EPS-accretive in the first full year after closing and plans to return to approximately 3.0 times net leverage within two years.

Deluxe Stock Down 1.6%

Deluxe stock traded down $0.42 during trading on Wednesday, hitting $26.56. 357,550 shares of the company were exchanged, compared to its average volume of 349,312. The company has a current ratio of 1.15, a quick ratio of 1.05 and a debt-to-equity ratio of 1.98. The business’s 50 day moving average is $24.51 and its 200 day moving average is $26.10. Deluxe has a 52 week low of $15.87 and a 52 week high of $32.07. The company has a market capitalization of $1.22 billion, a P/E ratio of 11.35, a PEG ratio of 0.68 and a beta of 1.24.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Deluxe by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 26,260 shares of the business services provider’s stock worth $415,000 after purchasing an additional 1,072 shares during the last quarter. Franklin Resources Inc. lifted its position in shares of Deluxe by 2.4% during the 4th quarter. Franklin Resources Inc. now owns 50,331 shares of the business services provider’s stock worth $1,124,000 after buying an additional 1,189 shares in the last quarter. Guggenheim Capital LLC boosted its stake in shares of Deluxe by 3.9% in the 4th quarter. Guggenheim Capital LLC now owns 34,556 shares of the business services provider’s stock worth $772,000 after buying an additional 1,308 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Deluxe by 4.7% in the third quarter. Mackenzie Financial Corp now owns 29,557 shares of the business services provider’s stock valued at $572,000 after acquiring an additional 1,324 shares in the last quarter. Finally, MetLife Investment Management LLC increased its position in shares of Deluxe by 6.7% during the fourth quarter. MetLife Investment Management LLC now owns 25,289 shares of the business services provider’s stock valued at $565,000 after acquiring an additional 1,583 shares during the last quarter. 93.90% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on DLX. Weiss Ratings lowered shares of Deluxe from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, July 15th. Zacks Research lowered shares of Deluxe from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 10th. Finally, Wall Street Zen raised shares of Deluxe from a “buy” rating to a “strong-buy” rating in a research note on Saturday, June 6th. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

View Our Latest Stock Report on Deluxe

Deluxe Company Profile

(Get Free Report)

Deluxe Corporation, founded in 1915 and headquartered in Shoreview, Minnesota, is a provider of integrated business and financial technology solutions. Originally established as a check printing company, Deluxe has evolved its offerings to support small businesses, financial institutions and entrepreneurs with a comprehensive suite of services spanning print, digital and software platforms.

The company’s core business activities include printing checks, forms and promotional materials, as well as delivering digital marketing and customer engagement solutions.

Deluxe (NYSE:DLX) Issues Earnings Results

Deluxe Stock Down 1.6%

Institutional Inflows and Outflows

Analyst Ratings Changes

Deluxe Company Profile

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