Growth Metrics

Deluxe (DLX) Operating Expenses (2016 - 2026)

Deluxe filings provide 17 years of Operating Expenses readings, the most recent being $225.9 million for Q4 2025.

  • On a quarterly basis, Operating Expenses changed 0.16% to $225.9 million in Q4 2025 year-over-year; TTM through Dec 2025 was $892.6 million, a 6.81% decrease, with the full-year FY2025 number at $892.6 million, down 6.81% from a year prior.
  • Operating Expenses hit $225.9 million in Q4 2025 for Deluxe, up from $215.3 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $275.9 million in Q1 2022 to a low of $215.3 million in Q3 2025.
  • Median Operating Expenses over the past 5 years was $247.6 million (2023), compared with a mean of $246.8 million.
  • Biggest five-year swings in Operating Expenses: dropped 11.03% in 2021 and later grew 21.7% in 2022.
  • Deluxe's Operating Expenses stood at $272.2 million in 2021, then fell by 5.93% to $256.0 million in 2022, then dropped by 3.39% to $247.4 million in 2023, then dropped by 8.54% to $226.2 million in 2024, then dropped by 0.16% to $225.9 million in 2025.
  • The last three reported values for Operating Expenses were $225.9 million (Q4 2025), $215.3 million (Q3 2025), and $218.5 million (Q2 2025) per Business Quant data.