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| 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 |