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Side-by-side financial comparison of DELUXE CORP (DLX) and Magnera Corp (MAGN). Click either name above to swap in a different company.
Magnera Corp is the larger business by last-quarter revenue ($792.0M vs $535.2M, roughly 1.5× DELUXE CORP). DELUXE CORP runs the higher net margin — 2.2% vs -4.3%, a 6.5% gap on every dollar of revenue. On growth, Magnera Corp posted the faster year-over-year revenue change (12.8% vs 2.8%). Over the past eight quarters, Magnera Corp's revenue compounded faster (54.9% CAGR vs 0.0%).
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 ...
DLX vs MAGN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $792.0M |
| Net Profit | $12.0M | $-34.0M |
| Gross Margin | 52.2% | 12.2% |
| Operating Margin | 8.9% | 1.8% |
| Net Margin | 2.2% | -4.3% |
| Revenue YoY | 2.8% | 12.8% |
| Net Profit YoY | -5.0% | 43.3% |
| EPS (diluted) | $0.25 | $-0.95 |
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.
| Q4 25 | $535.2M | $792.0M | ||
| Q3 25 | $540.2M | — | ||
| Q2 25 | $521.3M | $839.0M | ||
| Q1 25 | $536.5M | $824.0M | ||
| Q4 24 | $520.6M | $702.0M | ||
| Q3 24 | $528.4M | $332.1M | ||
| Q2 24 | $537.8M | $556.0M | ||
| Q1 24 | $535.0M | $558.0M |
| Q4 25 | $12.0M | $-34.0M | ||
| Q3 25 | $33.7M | — | ||
| Q2 25 | $22.4M | $-18.0M | ||
| Q1 25 | $14.0M | $-41.0M | ||
| Q4 24 | $12.6M | $-60.0M | ||
| Q3 24 | $8.9M | $-15.2M | ||
| Q2 24 | $20.5M | $19.0M | ||
| Q1 24 | $10.8M | $14.0M |
| Q4 25 | 52.2% | 12.2% | ||
| Q3 25 | 53.9% | — | ||
| Q2 25 | 53.6% | 10.7% | ||
| Q1 25 | 52.4% | 10.7% | ||
| Q4 24 | 52.3% | 10.1% | ||
| Q3 24 | 53.3% | 10.7% | ||
| Q2 24 | 53.7% | 6.6% | ||
| Q1 24 | 53.0% | 6.2% |
| Q4 25 | 8.9% | 1.8% | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 11.7% | 1.5% | ||
| Q1 25 | 9.0% | 0.5% | ||
| Q4 24 | 9.0% | -3.1% | ||
| Q3 24 | 7.9% | 0.9% | ||
| Q2 24 | 11.0% | 3.1% | ||
| Q1 24 | 8.3% | 3.8% |
| Q4 25 | 2.2% | -4.3% | ||
| Q3 25 | 6.2% | — | ||
| Q2 25 | 4.3% | -2.1% | ||
| Q1 25 | 2.6% | -5.0% | ||
| Q4 24 | 2.4% | -8.5% | ||
| Q3 24 | 1.7% | -4.6% | ||
| Q2 24 | 3.8% | 3.4% | ||
| Q1 24 | 2.0% | 2.5% |
| Q4 25 | $0.25 | $-0.95 | ||
| Q3 25 | $0.74 | — | ||
| Q2 25 | $0.50 | $-0.51 | ||
| Q1 25 | $0.31 | $-1.15 | ||
| Q4 24 | $0.28 | $-1.69 | ||
| Q3 24 | $0.20 | $-0.33 | ||
| Q2 24 | $0.46 | $0.60 | ||
| Q1 24 | $0.24 | $0.44 |
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 | $264.0M |
| Total DebtLower is stronger | — | $1.9B |
| Stockholders' EquityBook value | $680.7M | $1.0B |
| Total Assets | $2.9B | $3.9B |
| Debt / EquityLower = less leverage | — | 1.86× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.9M | $264.0M | ||
| Q3 25 | $25.8M | — | ||
| Q2 25 | $26.0M | $276.0M | ||
| Q1 25 | $30.3M | $282.0M | ||
| Q4 24 | $34.4M | $215.0M | ||
| Q3 24 | $41.3M | $230.0M | ||
| Q2 24 | $23.1M | $33.9M | ||
| Q1 24 | $23.5M | $30.2M |
| Q4 25 | — | $1.9B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $2.0B | ||
| Q1 25 | — | $2.0B | ||
| Q4 24 | — | $2.0B | ||
| Q3 24 | — | $2.0B | ||
| Q2 24 | — | $877.4M | ||
| Q1 24 | — | $884.7M |
| Q4 25 | $680.7M | $1.0B | ||
| Q3 25 | $664.1M | — | ||
| Q2 25 | $638.7M | $1.1B | ||
| Q1 25 | $622.5M | $1.1B | ||
| Q4 24 | $620.9M | $1.1B | ||
| Q3 24 | $612.7M | $2.1B | ||
| Q2 24 | $620.5M | $2.4B | ||
| Q1 24 | $608.4M | $2.4B |
| Q4 25 | $2.9B | $3.9B | ||
| Q3 25 | $2.6B | — | ||
| Q2 25 | $2.5B | $4.1B | ||
| Q1 25 | $2.6B | $4.1B | ||
| Q4 24 | $2.8B | $4.0B | ||
| Q3 24 | $2.6B | $2.8B | ||
| Q2 24 | $2.7B | $1.5B | ||
| Q1 24 | $2.7B | $1.5B |
| Q4 25 | — | 1.86× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.77× | ||
| Q1 25 | — | 1.83× | ||
| Q4 24 | — | 1.80× | ||
| Q3 24 | — | 0.91× | ||
| Q2 24 | — | 0.37× | ||
| Q1 24 | — | 0.36× |
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 | $2.0M |
| Free Cash FlowOCF − Capex | — | $-13.0M |
| FCF MarginFCF / Revenue | — | -1.6% |
| Capex IntensityCapex / Revenue | — | 1.9% |
| Cash ConversionOCF / Net Profit | 8.53× | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $102.1M | $2.0M | ||
| Q3 25 | $67.1M | — | ||
| Q2 25 | $51.1M | $0 | ||
| Q1 25 | $50.3M | $65.0M | ||
| Q4 24 | $60.2M | $-58.0M | ||
| Q3 24 | $67.9M | $12.2M | ||
| Q2 24 | $39.6M | $38.0M | ||
| Q1 24 | $26.6M | $20.0M |
| Q4 25 | — | $-13.0M | ||
| Q3 25 | — | — | ||
| Q2 25 | $27.8M | — | ||
| Q1 25 | $24.3M | $42.0M | ||
| Q4 24 | — | $-74.0M | ||
| Q3 24 | $46.7M | $3.6M | ||
| Q2 24 | $11.4M | $23.0M | ||
| Q1 24 | $6.1M | $12.5M |
| Q4 25 | — | -1.6% | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.5% | 5.1% | ||
| Q4 24 | — | -10.5% | ||
| Q3 24 | 8.8% | 1.1% | ||
| Q2 24 | 2.1% | 4.1% | ||
| Q1 24 | 1.1% | 2.2% |
| Q4 25 | — | 1.9% | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.5% | 1.5% | ||
| Q1 25 | 4.8% | 2.8% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | 4.0% | 2.6% | ||
| Q2 24 | 5.2% | 2.7% | ||
| Q1 24 | 3.8% | 1.3% |
| Q4 25 | 8.53× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.28× | — | ||
| Q1 25 | 3.59× | — | ||
| Q4 24 | 4.77× | — | ||
| Q3 24 | 7.60× | — | ||
| Q2 24 | 1.94× | 2.00× | ||
| Q1 24 | 2.46× | 1.43× |
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% |
MAGN
| Other | $451.0M | 57% |
| United States And Canada | $341.0M | 43% |
