Quarterly ResultMay 6, 2026, 06:14 AM
DELUXE REPORTS STRONG Q1 2026 RESULTS: Adj. EPS $1.05, EBITDA +19.7%
AI Summary
Deluxe Corporation reported strong first quarter 2026 results, with comparable adjusted diluted EPS increasing 45.8% to $1.05 and comparable adjusted EBITDA growing 19.7% to $117.9 million. The company achieved key strategic milestones, including reaching its 3x leverage target and shifting its revenue mix, with Payments and Data now representing over 50% of total revenue. Deluxe also updated its full-year outlook to reflect the Q1 Safeguard divestiture, affirming free cash flow and maintaining comparable adjusted growth estimates across other metrics.
Key Highlights
- Comparable adjusted diluted EPS was $1.05, up 45.8% year-over-year.
- Comparable adjusted EBITDA increased 19.7% to $117.9 million.
- Net income rose to $35.8 million from $14.0 million in Q1 2025.
- Comparable adjusted revenue grew 2.7% to $538.1 million.
- Data Solutions revenue grew 26.3%; Merchant Services revenue grew 7.3%.
- Free cash flow increased $3.0 million to $27.3 million.
- Total debt reduced by $32.3 million; net debt by $22.6 million.
- Board approved a regular quarterly dividend of $0.30 per share.