Deluxe (DLX) Operating Expenses (2009 - 2026)
Deluxe (DLX) reported Operating Expenses of $212.7 million for Q1 2026, down 8.67% on a YoY basis from $232.9 million in Q1 2025, and down 5.83% quarter-over-quarter from $225.9 million in Q4 2025.
Deluxe (DLX) Operating Expenses (2009 - 2026) Analysis & Trends
Deluxe has reported Operating Expenses for 18 years, with the latest figure at $212.7 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 8.67% year-over-year to $212.7 million; the trailing twelve-month figure through Mar 2026 stood at $872.3 million (down 7.48% YoY), and the FY2025 full-year result was $892.6 million, down 6.81% from the prior year.
- Operating Expenses for Q1 2026 stood at $212.7 million, down from $225.9 million in the prior quarter.
- The five-year high for Operating Expenses was $275.9 million in Q1 2022, with the low at $212.7 million in Q1 2026.
- Historically, Operating Expenses has averaged $244.3 million across 5 years, with a median of $247.4 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses increased 21.7% — and 2025, when it declined 10.78%.
- Deluxe's Operating Expenses stood at $256.0 million in 2022, then decreased by 3.39% to $247.4 million in 2023, then declined by 8.54% to $226.2 million in 2024, then declined by 0.16% to $225.9 million in 2025, then declined by 5.83% to $212.7 million in 2026.
- The last three Operating Expenses figures came in at $212.7 million (Q1 2026), $225.9 million (Q4 2025), and $215.3 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Pampa Energy | 1,870.28 Bn | 934.12 Bn | 109.00 Mn | 62.27 Bn |
| 2 | Honeywell International | 139.84 Bn | 128.53 Bn | 3.54 Bn | 1.80 Bn |
| 3 | 3M | 83.81 Bn | 79.71 Bn | 2.46 Bn | 4.63 Bn |
| 4 | Valmont Industries | 10.63 Bn | 10.48 Bn | 316.88 Mn | 161.25 Mn |
| 5 | Seaboard | 5.08 Bn | 3.95 Bn | 217.00 Mn | 121.00 Mn |
| 6 | Otter Tail | 3.75 Bn | 3.35 Bn | 239.49 Mn | 261.79 Mn |
| 7 | Tetra Technologies | 1.40 Bn | 1.39 Bn | 38.23 Mn | 118.03 Mn |
| 8 | Deluxe | 1.08 Bn | 1.05 Bn | 279.40 Mn | 212.70 Mn |
| 9 | Matthews International | 841.65 Mn | 805.56 Mn | 101.98 Mn | 72.41 Mn |
| 10 | Compass Diversified Holdings | 776.81 Mn | 844.46 Mn | 189.36 Mn | 132.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 212.70 Mn |
| Dec 31, 2025 | 225.87 Mn |
| Sep 30, 2025 | 215.27 Mn |
| Jun 30, 2025 | 218.47 Mn |
| Mar 31, 2025 | 232.90 Mn |
| Dec 31, 2024 | 226.22 Mn |
| Sep 30, 2024 | 238.80 Mn |
| Jun 30, 2024 | 244.88 Mn |
| Mar 31, 2024 | 247.90 Mn |
| Dec 31, 2023 | 247.35 Mn |
| Sep 30, 2023 | 256.83 Mn |
| Jun 30, 2023 | 269.55 Mn |
| Mar 31, 2023 | 260.57 Mn |
| Dec 31, 2022 | 256.03 Mn |
| Sep 30, 2022 | 259.00 Mn |
| Jun 30, 2022 | 264.81 Mn |
| Mar 31, 2022 | 275.94 Mn |
| Dec 31, 2021 | 272.17 Mn |
| Sep 30, 2021 | 251.59 Mn |
| Jun 30, 2021 | 245.27 Mn |