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Side-by-side financial comparison of DELUXE CORP (DLX) and Liberty Energy Inc. (LBRT). Click either name above to swap in a different company.
Liberty Energy Inc. is the larger business by last-quarter revenue ($1.0B vs $535.2M, roughly 1.9× DELUXE CORP). DELUXE CORP runs the higher net margin — 2.2% vs 2.2%, a 0.0% gap on every dollar of revenue. On growth, Liberty Energy Inc. posted the faster year-over-year revenue change (4.5% vs 2.8%). Over the past eight quarters, DELUXE CORP's revenue compounded faster (0.0% CAGR vs -6.2%).
Deluxe Corporation is an American company that provides payment processing, data services, checks and promotional products, and merchant services. It operates in four divisions: B2B payments, data, print, and merchant services. As of 2025, the company serves millions of small businesses and thousands of financial institutions, processing more than $2.8 trillion in payments annually. While its legacy business centers on check printing and other printed products, payments and data services now ...
Liberty Energy Inc. is a North American energy services provider specializing in hydraulic fracturing and well completion solutions for oil and gas operators. It serves clients across major U.S. shale basins, offering low-emission equipment and tailored support to optimize well productivity.
DLX vs LBRT — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $1.0B |
| Net Profit | $12.0M | $22.6M |
| Gross Margin | 52.2% | — |
| Operating Margin | 8.9% | 2.2% |
| Net Margin | 2.2% | 2.2% |
| Revenue YoY | 2.8% | 4.5% |
| Net Profit YoY | -5.0% | — |
| EPS (diluted) | $0.25 | $0.14 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $1.0B | ||
| Q4 25 | $535.2M | $1.0B | ||
| Q3 25 | $540.2M | $947.4M | ||
| Q2 25 | $521.3M | $1.0B | ||
| Q1 25 | $536.5M | $977.5M | ||
| Q4 24 | $520.6M | $943.6M | ||
| Q3 24 | $528.4M | $1.1B | ||
| Q2 24 | $537.8M | $1.2B |
| Q1 26 | — | $22.6M | ||
| Q4 25 | $12.0M | $13.7M | ||
| Q3 25 | $33.7M | $43.1M | ||
| Q2 25 | $22.4M | $71.0M | ||
| Q1 25 | $14.0M | $20.1M | ||
| Q4 24 | $12.6M | $51.9M | ||
| Q3 24 | $8.9M | $73.8M | ||
| Q2 24 | $20.5M | $108.4M |
| Q1 26 | — | — | ||
| Q4 25 | 52.2% | 20.6% | ||
| Q3 25 | 53.9% | 18.7% | ||
| Q2 25 | 53.6% | 22.1% | ||
| Q1 25 | 52.4% | 22.1% | ||
| Q4 24 | 52.3% | 21.4% | ||
| Q3 24 | 53.3% | 26.2% | ||
| Q2 24 | 53.7% | 27.9% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 8.9% | 1.9% | ||
| Q3 25 | 14.0% | -0.3% | ||
| Q2 25 | 11.7% | 3.6% | ||
| Q1 25 | 9.0% | 1.9% | ||
| Q4 24 | 9.0% | 2.6% | ||
| Q3 24 | 7.9% | 9.4% | ||
| Q2 24 | 11.0% | 12.2% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 2.2% | 1.3% | ||
| Q3 25 | 6.2% | 4.5% | ||
| Q2 25 | 4.3% | 6.8% | ||
| Q1 25 | 2.6% | 2.1% | ||
| Q4 24 | 2.4% | 5.5% | ||
| Q3 24 | 1.7% | 6.5% | ||
| Q2 24 | 3.8% | 9.3% |
| Q1 26 | — | $0.14 | ||
| Q4 25 | $0.25 | $0.08 | ||
| Q3 25 | $0.74 | $0.26 | ||
| Q2 25 | $0.50 | $0.43 | ||
| Q1 25 | $0.31 | $0.12 | ||
| Q4 24 | $0.28 | $0.31 | ||
| Q3 24 | $0.20 | $0.44 | ||
| Q2 24 | $0.46 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $36.9M | $699.1M |
| Total DebtLower is stronger | — | $7.1M |
| Stockholders' EquityBook value | $680.7M | $1.9B |
| Total Assets | $2.9B | $4.4B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $699.1M | ||
| Q4 25 | $36.9M | $27.6M | ||
| Q3 25 | $25.8M | $13.5M | ||
| Q2 25 | $26.0M | $19.6M | ||
| Q1 25 | $30.3M | $24.1M | ||
| Q4 24 | $34.4M | $20.0M | ||
| Q3 24 | $41.3M | $23.0M | ||
| Q2 24 | $23.1M | $30.0M |
| Q1 26 | — | $7.1M | ||
| Q4 25 | — | $246.6M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $190.5M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.9B | ||
| Q4 25 | $680.7M | $2.1B | ||
| Q3 25 | $664.1M | $2.1B | ||
| Q2 25 | $638.7M | $2.0B | ||
| Q1 25 | $622.5M | $2.0B | ||
| Q4 24 | $620.9M | $2.0B | ||
| Q3 24 | $612.7M | $2.0B | ||
| Q2 24 | $620.5M | $1.9B |
| Q1 26 | — | $4.4B | ||
| Q4 25 | $2.9B | $3.6B | ||
| Q3 25 | $2.6B | $3.5B | ||
| Q2 25 | $2.5B | $3.4B | ||
| Q1 25 | $2.6B | $3.4B | ||
| Q4 24 | $2.8B | $3.3B | ||
| Q3 24 | $2.6B | $3.3B | ||
| Q2 24 | $2.7B | $3.2B |
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.12× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $102.1M | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | 13.1% |
| Cash ConversionOCF / Net Profit | 8.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $102.1M | $195.4M | ||
| Q3 25 | $67.1M | $51.5M | ||
| Q2 25 | $51.1M | $170.6M | ||
| Q1 25 | $50.3M | $192.1M | ||
| Q4 24 | $60.2M | $177.3M | ||
| Q3 24 | $67.9M | $244.5M | ||
| Q2 24 | $39.6M | $248.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | $-10.0M | ||
| Q3 25 | — | $-67.2M | ||
| Q2 25 | $27.8M | $33.1M | ||
| Q1 25 | $24.3M | $58.2M | ||
| Q4 24 | — | $-26.2M | ||
| Q3 24 | $46.7M | $77.9M | ||
| Q2 24 | $11.4M | $112.2M |
| Q1 26 | — | — | ||
| Q4 25 | — | -1.0% | ||
| Q3 25 | — | -7.1% | ||
| Q2 25 | 5.3% | 3.2% | ||
| Q1 25 | 4.5% | 6.0% | ||
| Q4 24 | — | -2.8% | ||
| Q3 24 | 8.8% | 6.8% | ||
| Q2 24 | 2.1% | 9.7% |
| Q1 26 | — | 13.1% | ||
| Q4 25 | — | 19.8% | ||
| Q3 25 | — | 12.5% | ||
| Q2 25 | 4.5% | 13.2% | ||
| Q1 25 | 4.8% | 13.7% | ||
| Q4 24 | — | 21.6% | ||
| Q3 24 | 4.0% | 14.6% | ||
| Q2 24 | 5.2% | 11.7% |
| Q1 26 | — | — | ||
| Q4 25 | 8.53× | 14.28× | ||
| Q3 25 | 1.99× | 1.20× | ||
| Q2 25 | 2.28× | 2.40× | ||
| Q1 25 | 3.59× | 9.55× | ||
| Q4 24 | 4.77× | 3.42× | ||
| Q3 24 | 7.60× | 3.31× | ||
| Q2 24 | 1.94× | 2.29× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DLX
| Services | $247.9M | 46% |
| B2B Payments | $76.3M | 14% |
| Datadrivenmarketingsolutions | $68.5M | 13% |
| Promotional Solutions Revenue | $60.9M | 11% |
| Treasurymanagementsolutions | $59.8M | 11% |
| Other | $17.3M | 3% |
| Other Web Based Solutions | $4.6M | 1% |
LBRT
Segment breakdown not available.
