Growth Metrics

Deluxe (DLX) Gross Margin (2016 - 2026)

Deluxe filings provide 17 years of Gross Margin readings, the most recent being 52.18% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 12.0% to 52.18% in Q4 2025 year-over-year; TTM through Dec 2025 was 53.0%, a 8.0% decrease, with the full-year FY2025 number at 53.0%, down 8.0% from a year prior.
  • Gross Margin hit 52.18% in Q4 2025 for Deluxe, down from 53.88% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 59.55% in Q1 2021 to a low of 52.18% in Q4 2025.
  • Median Gross Margin over the past 5 years was 53.51% (2022), compared with a mean of 53.89%.
  • The widest YoY moves for Gross Margin: up 108bps in 2021, down -618bps in 2021.
  • Deluxe's Gross Margin stood at 55.3% in 2021, then decreased by -3bps to 53.44% in 2022, then dropped by -1bps to 52.76% in 2023, then dropped by -1bps to 52.3% in 2024, then dropped by 0bps to 52.18% in 2025.
  • The last three reported values for Gross Margin were 52.18% (Q4 2025), 53.88% (Q3 2025), and 53.57% (Q2 2025) per Business Quant data.