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Deluxe Corp
Investor Relations

Deluxe Corp is a business services company that helps small businesses, financial institutions, and larger companies handle payments, checks, and basic marketing needs. It is best known for printing checks, but it also sells payment processing, fraud prevention, and customer communication services that help businesses move money and manage transactions more securely. The company makes money by selling these products and services directly to business customers and through long-term relationships with banks and other partners that resell or bundle Deluxe offerings. In practice, Deluxe sits in the middle of everyday business activity: it helps companies accept payments, send invoices, print branded materials, and keep transaction records organized. What makes Deluxe different is that it combines old-line financial print products with newer digital payment and business services. That mix gives it a role as a behind-the-scenes service provider for small businesses and banks that need trusted tools for payments, compliance, and customer communication.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 6, 2026
AI Summary
Q1 2026

Strong start: Deluxe said Q1 was a strong start to 2026, with organic growth across revenue, adjusted EBITDA, EPS, and free cash flow.

Mix shift: Payments and Data became 51% of total revenue, crossing Print for the first time in the company’s history.

Leverage goal hit: The company reached its 3x net leverage target three quarters earlier than planned, helped by free cash flow growth and debt paydown.

Guidance updated: Full-year revenue, EBITDA, and EPS guidance were updated to reflect the Safeguard divestiture, while free cash flow guidance stayed unchanged at about $200 million.

AI impact: Management said AI is a net positive, helping improve campaign modeling in Data and reducing manual work in B2B lockbox processing.

Demand trends: Data grew sharply on financial institution demand and adjacent-market activity, while Merchant benefited from retention, new wins, and stable consumer spending.

Print softness: Print remained under pressure, though margins improved as the company continued to push efficiency and the Safeguard sale changed the mix.

Key Financials
Revenue
$538.1 million
Adjusted EBITDA
$117.9 million
Adjusted EBITDA margin
21.9%
Net income
$35.8 million
EPS
$0.77
Adjusted diluted EPS
$1.05
Free cash flow
$27.3 million
Net debt
$1.37 billion
Net debt to adjusted EBITDA
3x
Total debt reduction
more than $30 million
Merchant Services revenue
$104.9 million
Merchant Services adjusted EBITDA
$26.8 million
Merchant Services margin
25.5%
B2B Payments revenue
$73.5 million
B2B Payments adjusted EBITDA
$17.2 million
B2B Payments margin
23.4%
Data Solutions revenue
$97.5 million
Data Solutions adjusted EBITDA
$22.8 million
Data Solutions margin
23.4%
Print revenue
$262.2 million
Print adjusted EBITDA
$85.7 million
Print margin
32.7%
Dividend
$0.30 per share
Available revolver capacity
$381 million
Earnings Call Recording
Other Earnings Calls

Management

Mr. Barry C. McCarthy
President, CEO & Director
No Bio Available
Mr. William Zint
CFO, Senior VP & VP of Corporate Finance
No Bio Available
Mr. Yogaraj Jayaprakasam
Senior VP and Chief Technology & Digital Officer
No Bio Available
Ms. Tracey G. Engelhardt
Senior VP & President of Print
No Bio Available
Mr. Garry L. Capers
Senior VP & Chief of Operations
No Bio Available
Ms. Llewellyn Kelly Moyer
Principal Accounting Officer
No Bio Available
Mr. Jeffrey L. Cotter J.D.
Chief Administrative Officer, Senior VP, Secretary & General Counsel
No Bio Available
Brian Anderson
Vice President of Strategy & Investor Relations
No Bio Available
Ms. Kimberly D. Cross
Chief Human Resources Officer
No Bio Available
Ms. Amanda B. Parrilli
Senior Vice President and Chief Strategy, Transformation & Business Development Officer
No Bio Available

Contacts

Address
MINNESOTA
Minneapolis
801 S. Marquette Ave.
Contacts
+16514837111.0
www.deluxe.com
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