Deluxe (DLX) Gross Margin (2009 - 2026)
Deluxe's Gross Margin was 51.99% in Q2 2026, down 1.58 percentage points from 53.57% a year earlier but up 0.07 percentage points from the prior quarter.
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Analysis
Deluxe (DLX) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Deluxe's Gross Margin was 52.51% through Jun 30, 2026, down 0.39 percentage points year-over-year; for FY2025, it was 53.00%, down 0.08 percentage points from FY2024.
- Gross Margin shows a five-year change of -6.19 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 53.09% in FY2024 (+0.05 pp), 53.03% in FY2023 (-0.85 pp), 53.88% in FY2022 (-2.39 pp) and 56.27% in FY2021 (-2.92 pp).
- Quarterly Gross Margin has moved between 51.92% (Q1 2026) and 55.30% (Q4 2021) over five years.
- Compared with a year earlier, Gross Margin has declined for three straight quarters, with an average year-over-year change of -0.26 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2024 (a gain of 0.92 percentage points); the worst was Q3 2021 (a drop of 6.18 percentage points).
- Per Business Quant data, DLX's Gross Margin in the three quarters before Q2 2026 was 51.92% (Q1 2026), 52.18% (Q4 2025) and 53.88% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 48.15% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | - |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | - |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 53.06% |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | - |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 60.78% |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 65.60% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 42.52% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 89.98% |
| 10 | Deluxe | 1.22 Bn | 1.05 Bn | 287.60 Mn | 51.92% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.92% |
| 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% |
API Access
Deluxe Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=DLX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "DLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=DLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();