Deluxe annual gross margin
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2024
Deluxe Gross Margin Growth & History (DLX)
Deluxe's gross margin was 53.09% for fiscal 2024.
View full Deluxe company overviewDeluxe annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2024 | 2024-12-31 | 53.09% | +0.05 pp |
| 2023 | 2023-12-31 | 53.03% | −0.85 pp |
| 2022 | 2022-12-31 | 53.88% | −2.39 pp |
| 2021 | 2021-12-31 | 56.27% | −2.92 pp |
| 2020 | 2020-12-31 | 59.19% | −0.34 pp |
| 2019 | 2019-12-31 | 59.53% | −0.84 pp |
| 2018 | 2018-12-31 | 60.37% | −1.84 pp |
| 2017 | 2017-12-31 | 62.21% | −1.67 pp |
| 2016 | 2016-12-31 | 63.88% | −0.06 pp |
| 2015 | 2015-12-31 | 63.94% | +0.16 pp |
| 2014 | 2014-12-31 | 63.78% | −0.81 pp |
| 2013 | 2013-12-31 | 64.59% | −0.79 pp |
| 2012 | 2012-12-31 | 65.39% | +0.19 pp |
| 2011 | 2011-12-31 | 65.19% | +0.03 pp |
| 2010 | 2010-12-31 | 65.17% | +2.72 pp |
| 2009 | 2009-12-31 | 62.45% | +1.02 pp |
| 2008 | 2008-12-31 | 61.43% | — |
Deluxe quarterly gross margin
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Q3.25
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-09-30 | 53.88% | +0.55 pp |
| Q2 2025 | 2025-06-30 | 53.57% | −0.13 pp |
| Q1 2025 | 2025-03-31 | 52.39% | −0.62 pp |
| Q4 2024 | 2024-12-31 | 52.30% | −0.46 pp |
| Q3 2024 | 2024-09-30 | 53.34% | +0.77 pp |
| Q2 2024 | 2024-06-30 | 53.70% | +0.92 pp |
| Q1 2024 | 2024-03-31 | 53.00% | −1.04 pp |
| Q4 2023 | 2023-12-31 | 52.76% | −0.68 pp |
| Q3 2023 | 2023-09-30 | 52.56% | −1.27 pp |
| Q2 2023 | 2023-06-30 | 52.78% | −0.30 pp |
| Q1 2023 | 2023-03-31 | 54.04% | −1.14 pp |
| Q4 2022 | 2022-12-31 | 53.44% | −1.86 pp |
| Q3 2022 | 2022-09-30 | 53.84% | −0.28 pp |
| Q2 2022 | 2022-06-30 | 53.08% | −3.72 pp |
| Q1 2022 | 2022-03-31 | 55.18% | −4.36 pp |
| Q4 2021 | 2021-12-31 | 55.30% | −2.46 pp |
| Q3 2021 | 2021-09-30 | 54.12% | −6.18 pp |
| Q2 2021 | 2021-06-30 | 56.80% | −3.65 pp |
| Q1 2021 | 2021-03-31 | 59.55% | +1.08 pp |
| Q4 2020 | 2020-12-31 | 57.76% | −2.58 pp |
| Q3 2020 | 2020-09-30 | 60.30% | +1.57 pp |
| Q2 2020 | 2020-06-30 | 60.46% | +1.46 pp |
| Q1 2020 | 2020-03-31 | 58.46% | −1.54 pp |
| Q4 2019 | 2019-12-31 | 60.34% | +1.35 pp |
| Q3 2019 | 2019-09-30 | 58.73% | −1.20 pp |
| Q2 2019 | 2019-06-30 | 59.00% | −2.04 pp |
| Q1 2019 | 2019-03-31 | 60.00% | −1.63 pp |
| Q4 2018 | 2018-12-31 | 58.99% | −2.42 pp |
| Q3 2018 | 2018-09-30 | 59.93% | −1.28 pp |
| Q2 2018 | 2018-06-30 | 61.04% | −1.99 pp |
| Q1 2018 | 2018-03-31 | 61.63% | −1.61 pp |
| Q4 2017 | 2017-12-31 | 61.41% | −1.64 pp |
| Q3 2017 | 2017-09-30 | 61.20% | −2.56 pp |
| Q2 2017 | 2017-06-30 | 63.03% | −1.50 pp |
| Q1 2017 | 2017-03-31 | 63.24% | −0.99 pp |
| Q4 2016 | 2016-12-31 | 63.06% | +0.01 pp |
| Q3 2016 | 2016-09-30 | 63.77% | −0.01 pp |
| Q2 2016 | 2016-06-30 | 64.53% | +0.31 pp |
| Q1 2016 | 2016-03-31 | 64.23% | −0.56 pp |
| Q4 2015 | 2015-12-31 | 63.05% | −0.10 pp |
| Q3 2015 | 2015-09-30 | 63.78% | +0.12 pp |
| Q2 2015 | 2015-06-30 | 64.22% | +0.21 pp |
| Q1 2015 | 2015-03-31 | 64.79% | +0.40 pp |
| Q4 2014 | 2014-12-31 | 63.14% | −0.46 pp |
| Q3 2014 | 2014-09-30 | 63.66% | −0.61 pp |
| Q2 2014 | 2014-06-30 | 64.01% | −0.97 pp |
| Q1 2014 | 2014-03-31 | 64.39% | −1.22 pp |
| Q4 2013 | 2013-12-31 | 63.60% | −0.89 pp |
| Q3 2013 | 2013-09-30 | 64.27% | −0.92 pp |
| Q2 2013 | 2013-06-30 | 64.99% | −0.62 pp |
| Q1 2013 | 2013-03-31 | 65.61% | −0.67 pp |
| Q4 2012 | 2012-12-31 | 64.50% | −0.05 pp |
| Q3 2012 | 2012-09-30 | 65.19% | −0.28 pp |
| Q2 2012 | 2012-06-30 | 65.61% | +0.46 pp |
| Q1 2012 | 2012-03-31 | 66.27% | +0.63 pp |
| Q4 2011 | 2011-12-31 | 64.55% | +0.59 pp |
| Q3 2011 | 2011-09-30 | 65.47% | −1.50 pp |
| Q2 2011 | 2011-06-30 | 65.15% | +0.19 pp |
| Q1 2011 | 2011-03-31 | 65.64% | +0.96 pp |
| Q4 2010 | 2010-12-31 | 63.96% | +0.65 pp |
| Q3 2010 | 2010-09-30 | 66.97% | +5.20 pp |
| Q2 2010 | 2010-06-30 | 64.96% | — |
| Q1 2010 | 2010-03-31 | 64.68% | — |
| Q3 2009 | 2009-09-30 | 63.31% | — |
| Q2 2009 | 2009-06-30 | 61.77% | — |
Deluxe gross margin trends
Over the last five reported fiscal years, Deluxe's gross margin decreased from 59.53% to 53.09%, a change of −6.44 percentage points. The latest reported quarter, Q3 2025, shows 53.88%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Deluxe filings at SEC.gov ↗