Deluxe (DLX) Operating Expenses (2009 - 2026)

Deluxe (DLX) posted Operating Expenses of $212.7 million for Q1 2026, down 5.83% on a QoQ basis from $225.9 million in Q4 2025, and down 8.67% year-over-year from $232.9 million in Q1 2025.

Deluxe (DLX) Operating Expenses (2009 - 2026) Analysis & Trends

Deluxe's Operating Expenses history runs 18 years deep, the most recent figure standing at $212.7 million for Q1 2026.

  • Quarterly Operating Expenses fell 8.67% year-over-year to $212.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $872.3 million (down 7.48% YoY) and the FY2025 annual result came in at $892.6 million, down 6.81% from the prior year.
  • Operating Expenses was $212.7 million for Q1 2026 at Deluxe, down from $225.9 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $275.9 million in Q1 2022 and bottomed at $212.7 million in Q1 2026.
  • A 5-year average of $244.3 million and a median of $247.4 million in 2023 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2022 — Operating Expenses advanced 21.7% — and 2025, when it decreased 10.78%.
  • Deluxe's Operating Expenses stood at $256.0 million in 2022, then dropped by 3.39% to $247.4 million in 2023, then retreated by 8.54% to $226.2 million in 2024, then retreated by 0.16% to $225.9 million in 2025, then retreated by 5.83% to $212.7 million in 2026.
  • Business Quant data shows DLX's Operating Expenses at $212.7 million in Q1 2026, $225.9 million in Q4 2025, and $215.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 3M 88.13 Bn 84.85 Bn 2.68 Bn 5.52 Bn
2 Honeywell International 78.15 Bn 66.84 Bn 3.65 Bn 1.87 Bn
3 Valmont Industries 9.52 Bn 9.36 Bn 316.88 Mn 161.25 Mn
4 Brookfield Business 6.56 Bn 5.50 Bn 1.31 Bn -296.00 Mn
5 Seaboard 4.44 Bn 3.30 Bn 217.00 Mn 121.00 Mn
6 Otter Tail 3.87 Bn 3.47 Bn 239.49 Mn 261.79 Mn
7 Tetra Technologies 1.18 Bn 1.14 Bn 38.23 Mn 118.03 Mn
8 Deluxe 1.16 Bn 1.13 Bn 279.40 Mn 212.70 Mn
9 Matthews International 843.71 Mn 807.63 Mn 101.98 Mn 72.41 Mn
10 Compass Diversified Holdings 745.59 Mn 813.24 Mn 189.36 Mn 132.01 Mn

Historic Data

Download Data
DateValue
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