Deluxe DLX
NYSE DLX
$23.25 -0.25 (-1.04%)
As of: Sep 10, 2026 · 11:04 AM EDT

Deluxe (DLX) Gross Margin (2009 - 2026)

Deluxe's (DLX) quarterly Gross Margin came in at 51.99% in Q2 2026, down 158.0% on a YoY basis from 89.64% in Q2 2025, and little changed quarter-over-quarter from 51.92% in Q1 2026.

Analysis

Deluxe (DLX) Gross Margin (2009 - 2026) Analysis & Trends

Deluxe (DLX) has reported Gross Margin for 18 consecutive years, with 51.99% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Gross Margin fell 158.0% year-over-year to 51.99%; the trailing twelve-month figure through Jun 2026 stood at 52.51% (down 39.0% YoY), and the FY2025 full-year result was 53.0%, down 8.0% from the prior year.
  • Gross Margin was little changed at 51.99% in Q2 2026 per DLX's latest filing, from 51.92% in the prior quarter.
  • Across five years, Gross Margin topped out at 55.18% in Q1 2022 and bottomed at 51.92% in Q1 2026.
  • Historically, Gross Margin has averaged 53.11% across 5 years, with a median of 53.04% in 2022.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 436 bps in 2022, then soared 92 bps in 2024.
  • Over 5 years, Gross Margin stood at 53.44% in 2022, then retreated by 1 bps to 52.76% in 2023, then retreated by 1 bps to 52.3% in 2024, then decreased by 0 bps to 52.18% in 2025, then decreased by 0 bps to 51.99% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 51.99%, 51.92%, and 52.18% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Block 49.27 Bn 42.81 Bn 3.17 Bn 47.84%
2 PayPal Holdings 46.06 Bn 34.80 Bn - -
3 Corpay 26.81 Bn 19.80 Bn 1.19 Bn 88.75%
4 Fiserv 26.16 Bn 25.53 Bn 3.59 Bn 67.76%
5 Global Payments 23.71 Bn 18.30 Bn 2.03 Bn 61.04%
6 Wex 6.52 Bn 422.69 Mn 463.80 Mn 61.55%
7 Aci Worldwide 5.23 Bn 5.06 Bn 181.57 Mn 42.18%
8 Paymentus Holdings 4.44 Bn 4.06 Bn 94.31 Mn 26.14%
9 dLocal 4.33 Bn 3.46 Bn 127.15 Mn 31.81%
10 Deluxe 1.07 Bn 1.03 Bn 259.60 Mn 51.99%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 51.99%
Mar 31, 2026 51.92%
Dec 31, 2025 52.18%
Sep 30, 2025 53.88%
Jun 30, 2025 53.57%
Mar 31, 2025 52.39%
Dec 31, 2024 52.30%
Sep 30, 2024 53.34%
Jun 30, 2024 53.70%
Mar 31, 2024 53.00%
Dec 31, 2023 52.76%
Sep 30, 2023 52.56%
Jun 30, 2023 52.78%
Mar 31, 2023 54.04%
Dec 31, 2022 53.44%
Sep 30, 2022 53.84%
Jun 30, 2022 53.08%
Mar 31, 2022 55.18%
Dec 31, 2021 55.30%
Sep 30, 2021 54.12%