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
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