vs
Side-by-side financial comparison of DELUXE CORP (DLX) and Principal Financial Group (PFG). Click either name above to swap in a different company.
Principal Financial Group is the larger business by last-quarter revenue ($750.8M vs $535.2M, roughly 1.4× DELUXE CORP). DELUXE CORP runs the higher net margin — 2.2% vs 0.3%, a 2.0% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs 2.8%). Over the past eight quarters, DELUXE CORP's revenue compounded faster (0.0% CAGR vs -58.3%).
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 ...
Principal Financial GroupPFGEarnings & Financial Report
Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.
DLX vs PFG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $750.8M |
| Net Profit | $12.0M | $1.9M |
| Gross Margin | 52.2% | — |
| Operating Margin | 8.9% | — |
| Net Margin | 2.2% | 0.3% |
| Revenue YoY | 2.8% | 4.0% |
| Net Profit YoY | -5.0% | 783.0% |
| EPS (diluted) | $0.25 | — |
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 | — | $750.8M | ||
| Q4 25 | $535.2M | $4.6B | ||
| Q3 25 | $540.2M | $3.7B | ||
| Q2 25 | $521.3M | $3.7B | ||
| Q1 25 | $536.5M | $3.7B | ||
| Q4 24 | $520.6M | $4.8B | ||
| Q3 24 | $528.4M | $3.0B | ||
| Q2 24 | $537.8M | $4.3B |
| Q1 26 | — | $1.9M | ||
| Q4 25 | $12.0M | $517.0M | ||
| Q3 25 | $33.7M | $213.8M | ||
| Q2 25 | $22.4M | $406.2M | ||
| Q1 25 | $14.0M | $48.1M | ||
| Q4 24 | $12.6M | $905.4M | ||
| Q3 24 | $8.9M | $-220.0M | ||
| Q2 24 | $20.5M | $353.1M |
| Q1 26 | — | — | ||
| Q4 25 | 52.2% | — | ||
| Q3 25 | 53.9% | — | ||
| Q2 25 | 53.6% | — | ||
| Q1 25 | 52.4% | — | ||
| Q4 24 | 52.3% | — | ||
| Q3 24 | 53.3% | — | ||
| Q2 24 | 53.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 8.9% | — | ||
| Q3 25 | 14.0% | — | ||
| Q2 25 | 11.7% | — | ||
| Q1 25 | 9.0% | — | ||
| Q4 24 | 9.0% | — | ||
| Q3 24 | 7.9% | — | ||
| Q2 24 | 11.0% | — |
| Q1 26 | — | 0.3% | ||
| Q4 25 | 2.2% | 11.3% | ||
| Q3 25 | 6.2% | 5.8% | ||
| Q2 25 | 4.3% | 11.1% | ||
| Q1 25 | 2.6% | 1.3% | ||
| Q4 24 | 2.4% | 19.1% | ||
| Q3 24 | 1.7% | -7.3% | ||
| Q2 24 | 3.8% | 8.2% |
| Q1 26 | — | — | ||
| Q4 25 | $0.25 | $2.30 | ||
| Q3 25 | $0.74 | $0.95 | ||
| Q2 25 | $0.50 | $1.79 | ||
| Q1 25 | $0.31 | $0.21 | ||
| Q4 24 | $0.28 | $3.92 | ||
| Q3 24 | $0.20 | $-0.95 | ||
| Q2 24 | $0.46 | $1.49 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $680.7M | — |
| Total Assets | $2.9B | — |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $36.9M | $4.4B | ||
| Q3 25 | $25.8M | $5.1B | ||
| Q2 25 | $26.0M | $3.7B | ||
| Q1 25 | $30.3M | $3.9B | ||
| Q4 24 | $34.4M | $4.2B | ||
| Q3 24 | $41.3M | $6.2B | ||
| Q2 24 | $23.1M | $4.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | $3.9B | ||
| Q3 25 | — | $3.9B | ||
| Q2 25 | — | $3.9B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $3.9B | ||
| Q2 24 | — | $3.9B |
| Q1 26 | — | — | ||
| Q4 25 | $680.7M | $11.9B | ||
| Q3 25 | $664.1M | $11.7B | ||
| Q2 25 | $638.7M | $11.4B | ||
| Q1 25 | $622.5M | $11.2B | ||
| Q4 24 | $620.9M | $11.1B | ||
| Q3 24 | $612.7M | $11.2B | ||
| Q2 24 | $620.5M | $11.0B |
| Q1 26 | — | — | ||
| Q4 25 | $2.9B | $341.4B | ||
| Q3 25 | $2.6B | $334.5B | ||
| Q2 25 | $2.5B | $323.1B | ||
| Q1 25 | $2.6B | $313.0B | ||
| Q4 24 | $2.8B | $313.7B | ||
| Q3 24 | $2.6B | $322.9B | ||
| Q2 24 | $2.7B | $308.8B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.33× | ||
| Q3 25 | — | 0.34× | ||
| Q2 25 | — | 0.34× | ||
| Q1 25 | — | 0.39× | ||
| Q4 24 | — | 0.36× | ||
| Q3 24 | — | 0.35× | ||
| Q2 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 | — |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| 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 | $1.7B | ||
| Q3 25 | $67.1M | $1.0B | ||
| Q2 25 | $51.1M | $811.9M | ||
| Q1 25 | $50.3M | $977.3M | ||
| Q4 24 | $60.2M | $1.5B | ||
| Q3 24 | $67.9M | $1.1B | ||
| Q2 24 | $39.6M | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | $27.8M | — | ||
| Q1 25 | $24.3M | — | ||
| Q4 24 | — | — | ||
| Q3 24 | $46.7M | — | ||
| Q2 24 | $11.4M | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.5% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 8.8% | — | ||
| Q2 24 | 2.1% | — |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | 4.5% | — | ||
| Q1 25 | 4.8% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 4.0% | — | ||
| Q2 24 | 5.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 8.53× | 3.37× | ||
| Q3 25 | 1.99× | 4.70× | ||
| Q2 25 | 2.28× | 2.00× | ||
| Q1 25 | 3.59× | 20.32× | ||
| Q4 24 | 4.77× | 1.61× | ||
| Q3 24 | 7.60× | — | ||
| Q2 24 | 1.94× | 4.05× |
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% |
PFG
Segment breakdown not available.
