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Deluxe (DLX) gross margin by quarter

Deluxe's gross margin was 53.9% in Q3 2025 (third quarter 2025), +0.3 pts from Q2 2025. Over the last 3 quarters it ranged from 52.4% (Q1 2025) to 53.9% (Q3 2025).

Deluxe gross margin by quarterDeluxe gross margin by quarter52.4%Q1 202553.6%Q2 202553.9%Q3 2025
QuarterGross marginQ/QY/Y
Q3 202553.9%+0.3 pts—
Q2 202553.6%+1.2 pts—
Q1 202552.4%——

Q3 2025 at a glance

Deluxe, Q3 2025: revenue $540M (+2% year over year), operating margin 14.0%, net earnings $33.8M, operating cash flow $67.1M. The chart follows the revenue to costs, profit and cash.

Questions

What is Deluxe's gross margin?

Deluxe's gross margin was 53.9% in Q3 2025 (third quarter 2025), +0.3 pts from Q2 2025.

How has Deluxe's gross margin changed?

Over the last 3 quarters it ranged from 52.4% (Q1 2025) to 53.9% (Q3 2025).

Q3 2025 results → · How Deluxe makes money →