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Side-by-side financial comparison of DELUXE CORP (DLX) and Real Brokerage Inc (REAX). Click either name above to swap in a different company.

Real Brokerage Inc is the larger business by last-quarter revenue ($568.5M vs $535.2M, roughly 1.1× DELUXE CORP). DELUXE CORP runs the higher net margin — 2.2% vs -0.1%, a 2.3% gap on every dollar of revenue. On growth, Real Brokerage Inc posted the faster year-over-year revenue change (52.6% vs 2.8%).

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 ...

Anywhere Real Estate Inc., formerly Realogy, was an American real estate services firm. It operated and franchised real estate brands that provided brokerage, relocation, title, insurance, and settlement services. Brands included Better Homes and Gardens Real Estate, Century 21 Real Estate, Coldwell Banker, Corcoran Group, ERA Real Estate and Sotheby's International Realty. In 2026, the company was acquired by Compass, Inc.

DLX vs REAX — Head-to-Head

Bigger by revenue
REAX
REAX
1.1× larger
REAX
$568.5M
$535.2M
DLX
Growing faster (revenue YoY)
REAX
REAX
+49.8% gap
REAX
52.6%
2.8%
DLX
Higher net margin
DLX
DLX
2.3% more per $
DLX
2.2%
-0.1%
REAX

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
DLX
DLX
REAX
REAX
Revenue
$535.2M
$568.5M
Net Profit
$12.0M
$-447.0K
Gross Margin
52.2%
7.9%
Operating Margin
8.9%
-0.1%
Net Margin
2.2%
-0.1%
Revenue YoY
2.8%
52.6%
Net Profit YoY
-5.0%
82.7%
EPS (diluted)
$0.25
$0.00

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.

Revenue
DLX
DLX
REAX
REAX
Q4 25
$535.2M
Q3 25
$540.2M
$568.5M
Q2 25
$521.3M
$540.7M
Q1 25
$536.5M
$354.0M
Q4 24
$520.6M
Q3 24
$528.4M
$372.5M
Q2 24
$537.8M
Q1 24
$535.0M
$200.7M
Net Profit
DLX
DLX
REAX
REAX
Q4 25
$12.0M
Q3 25
$33.7M
$-447.0K
Q2 25
$22.4M
$1.5M
Q1 25
$14.0M
$-5.0M
Q4 24
$12.6M
Q3 24
$8.9M
$-2.6M
Q2 24
$20.5M
Q1 24
$10.8M
$-16.1M
Gross Margin
DLX
DLX
REAX
REAX
Q4 25
52.2%
Q3 25
53.9%
7.9%
Q2 25
53.6%
8.9%
Q1 25
52.4%
9.6%
Q4 24
52.3%
Q3 24
53.3%
8.6%
Q2 24
53.7%
Q1 24
53.0%
10.3%
Operating Margin
DLX
DLX
REAX
REAX
Q4 25
8.9%
Q3 25
14.0%
-0.1%
Q2 25
11.7%
0.3%
Q1 25
9.0%
-1.5%
Q4 24
9.0%
Q3 24
7.9%
-0.7%
Q2 24
11.0%
Q1 24
8.3%
-7.8%
Net Margin
DLX
DLX
REAX
REAX
Q4 25
2.2%
Q3 25
6.2%
-0.1%
Q2 25
4.3%
0.3%
Q1 25
2.6%
-1.4%
Q4 24
2.4%
Q3 24
1.7%
-0.7%
Q2 24
3.8%
Q1 24
2.0%
-8.0%
EPS (diluted)
DLX
DLX
REAX
REAX
Q4 25
$0.25
Q3 25
$0.74
$0.00
Q2 25
$0.50
$0.01
Q1 25
$0.31
$-0.02
Q4 24
$0.28
Q3 24
$0.20
$-0.01
Q2 24
$0.46
Q1 24
$0.24
$-0.09

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLX
DLX
REAX
REAX
Cash + ST InvestmentsLiquidity on hand
$36.9M
$38.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$680.7M
$53.6M
Total Assets
$2.9B
$145.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
REAX
REAX
Q4 25
$36.9M
Q3 25
$25.8M
$38.7M
Q2 25
$26.0M
$49.7M
Q1 25
$30.3M
$24.7M
Q4 24
$34.4M
Q3 24
$41.3M
$22.6M
Q2 24
$23.1M
Q1 24
$23.5M
$20.1M
Stockholders' Equity
DLX
DLX
REAX
REAX
Q4 25
$680.7M
Q3 25
$664.1M
$53.6M
Q2 25
$638.7M
$49.2M
Q1 25
$622.5M
$32.8M
Q4 24
$620.9M
Q3 24
$612.7M
$29.8M
Q2 24
$620.5M
Q1 24
$608.4M
$25.6M
Total Assets
DLX
DLX
REAX
REAX
Q4 25
$2.9B
Q3 25
$2.6B
$145.2M
Q2 25
$2.5B
$149.4M
Q1 25
$2.6B
$100.5M
Q4 24
$2.8B
Q3 24
$2.6B
$102.5M
Q2 24
$2.7B
Q1 24
$2.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DLX
DLX
REAX
REAX
Operating Cash FlowLast quarter
$102.1M
$8.8M
Free Cash FlowOCF − Capex
$8.4M
FCF MarginFCF / Revenue
1.5%
Capex IntensityCapex / Revenue
0.1%
Cash ConversionOCF / Net Profit
8.53×
TTM Free Cash FlowTrailing 4 quarters
$71.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLX
DLX
REAX
REAX
Q4 25
$102.1M
Q3 25
$67.1M
$8.8M
Q2 25
$51.1M
$41.0M
Q1 25
$50.3M
$15.9M
Q4 24
$60.2M
Q3 24
$67.9M
$7.2M
Q2 24
$39.6M
Q1 24
$26.6M
$21.5M
Free Cash Flow
DLX
DLX
REAX
REAX
Q4 25
Q3 25
$8.4M
Q2 25
$27.8M
$40.8M
Q1 25
$24.3M
$15.7M
Q4 24
Q3 24
$46.7M
$6.8M
Q2 24
$11.4M
Q1 24
$6.1M
$21.4M
FCF Margin
DLX
DLX
REAX
REAX
Q4 25
Q3 25
1.5%
Q2 25
5.3%
7.5%
Q1 25
4.5%
4.4%
Q4 24
Q3 24
8.8%
1.8%
Q2 24
2.1%
Q1 24
1.1%
10.7%
Capex Intensity
DLX
DLX
REAX
REAX
Q4 25
Q3 25
0.1%
Q2 25
4.5%
0.0%
Q1 25
4.8%
0.1%
Q4 24
Q3 24
4.0%
0.1%
Q2 24
5.2%
Q1 24
3.8%
0.0%
Cash Conversion
DLX
DLX
REAX
REAX
Q4 25
8.53×
Q3 25
1.99×
Q2 25
2.28×
27.13×
Q1 25
3.59×
Q4 24
4.77×
Q3 24
7.60×
Q2 24
1.94×
Q1 24
2.46×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLX
DLX

Services$247.9M46%
B2B Payments$76.3M14%
Datadrivenmarketingsolutions$68.5M13%
Promotional Solutions Revenue$60.9M11%
Treasurymanagementsolutions$59.8M11%
Other$17.3M3%
Other Web Based Solutions$4.6M1%

REAX
REAX

Segment breakdown not available.

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