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Side-by-side financial comparison of DELUXE CORP (DLX) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.
SCANSOURCE, INC. is the larger business by last-quarter revenue ($766.5M vs $535.2M, roughly 1.4× DELUXE CORP). DELUXE CORP runs the higher net margin — 2.2% vs 2.2%, a 0.1% gap on every dollar of revenue. On growth, DELUXE CORP posted the faster year-over-year revenue change (2.8% vs 2.5%). Over the past eight quarters, SCANSOURCE, INC.'s revenue compounded faster (0.9% 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 ...
ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.
DLX vs SCSC — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $535.2M | $766.5M |
| Net Profit | $12.0M | $16.5M |
| Gross Margin | 52.2% | 13.4% |
| Operating Margin | 8.9% | 2.3% |
| Net Margin | 2.2% | 2.2% |
| Revenue YoY | 2.8% | 2.5% |
| Net Profit YoY | -5.0% | -3.3% |
| EPS (diluted) | $0.25 | $0.75 |
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 | $766.5M | ||
| Q3 25 | $540.2M | $739.6M | ||
| Q2 25 | $521.3M | $812.9M | ||
| Q1 25 | $536.5M | $704.8M | ||
| Q4 24 | $520.6M | $747.5M | ||
| Q3 24 | $528.4M | $775.6M | ||
| Q2 24 | $537.8M | $746.1M | ||
| Q1 24 | $535.0M | $752.6M |
| Q4 25 | $12.0M | $16.5M | ||
| Q3 25 | $33.7M | $19.9M | ||
| Q2 25 | $22.4M | $20.1M | ||
| Q1 25 | $14.0M | $17.4M | ||
| Q4 24 | $12.6M | $17.1M | ||
| Q3 24 | $8.9M | $17.0M | ||
| Q2 24 | $20.5M | $16.1M | ||
| Q1 24 | $10.8M | $12.8M |
| Q4 25 | 52.2% | 13.4% | ||
| Q3 25 | 53.9% | 14.5% | ||
| Q2 25 | 53.6% | 12.9% | ||
| Q1 25 | 52.4% | 14.2% | ||
| Q4 24 | 52.3% | 13.6% | ||
| Q3 24 | 53.3% | 13.1% | ||
| Q2 24 | 53.7% | 13.0% | ||
| Q1 24 | 53.0% | 12.6% |
| Q4 25 | 8.9% | 2.3% | ||
| Q3 25 | 14.0% | 3.5% | ||
| Q2 25 | 11.7% | 3.3% | ||
| Q1 25 | 9.0% | 3.2% | ||
| Q4 24 | 9.0% | 2.5% | ||
| Q3 24 | 7.9% | 2.3% | ||
| Q2 24 | 11.0% | 2.9% | ||
| Q1 24 | 8.3% | 2.3% |
| Q4 25 | 2.2% | 2.2% | ||
| Q3 25 | 6.2% | 2.7% | ||
| Q2 25 | 4.3% | 2.5% | ||
| Q1 25 | 2.6% | 2.5% | ||
| Q4 24 | 2.4% | 2.3% | ||
| Q3 24 | 1.7% | 2.2% | ||
| Q2 24 | 3.8% | 2.2% | ||
| Q1 24 | 2.0% | 1.7% |
| Q4 25 | $0.25 | $0.75 | ||
| Q3 25 | $0.74 | $0.89 | ||
| Q2 25 | $0.50 | $0.87 | ||
| Q1 25 | $0.31 | $0.74 | ||
| Q4 24 | $0.28 | $0.70 | ||
| Q3 24 | $0.20 | $0.69 | ||
| Q2 24 | $0.46 | $0.66 | ||
| Q1 24 | $0.24 | $0.50 |
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 | $83.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $680.7M | $910.9M |
| Total Assets | $2.9B | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.9M | $83.5M | ||
| Q3 25 | $25.8M | $124.9M | ||
| Q2 25 | $26.0M | $126.2M | ||
| Q1 25 | $30.3M | $146.3M | ||
| Q4 24 | $34.4M | $110.5M | ||
| Q3 24 | $41.3M | $145.0M | ||
| Q2 24 | $23.1M | $185.5M | ||
| Q1 24 | $23.5M | $159.1M |
| Q4 25 | $680.7M | $910.9M | ||
| Q3 25 | $664.1M | $914.0M | ||
| Q2 25 | $638.7M | $906.4M | ||
| Q1 25 | $622.5M | $901.7M | ||
| Q4 24 | $620.9M | $900.7M | ||
| Q3 24 | $612.7M | $920.9M | ||
| Q2 24 | $620.5M | $924.3M | ||
| Q1 24 | $608.4M | $944.1M |
| Q4 25 | $2.9B | $1.7B | ||
| Q3 25 | $2.6B | $1.7B | ||
| Q2 25 | $2.5B | $1.8B | ||
| Q1 25 | $2.6B | $1.7B | ||
| Q4 24 | $2.8B | $1.7B | ||
| Q3 24 | $2.6B | $1.8B | ||
| Q2 24 | $2.7B | $1.8B | ||
| Q1 24 | $2.7B | $1.8B |
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 | $30.8M |
| Free Cash FlowOCF − Capex | — | $28.9M |
| FCF MarginFCF / Revenue | — | 3.8% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | 8.53× | 1.87× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $102.1M | $30.8M | ||
| Q3 25 | $67.1M | $23.2M | ||
| Q2 25 | $51.1M | — | ||
| Q1 25 | $50.3M | $66.1M | ||
| Q4 24 | $60.2M | $-6.2M | ||
| Q3 24 | $67.9M | $44.8M | ||
| Q2 24 | $39.6M | — | ||
| Q1 24 | $26.6M | $160.2M |
| Q4 25 | — | $28.9M | ||
| Q3 25 | — | $20.8M | ||
| Q2 25 | $27.8M | — | ||
| Q1 25 | $24.3M | $64.6M | ||
| Q4 24 | — | $-8.2M | ||
| Q3 24 | $46.7M | $42.5M | ||
| Q2 24 | $11.4M | — | ||
| Q1 24 | $6.1M | $157.7M |
| Q4 25 | — | 3.8% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | 5.3% | — | ||
| Q1 25 | 4.5% | 9.2% | ||
| Q4 24 | — | -1.1% | ||
| Q3 24 | 8.8% | 5.5% | ||
| Q2 24 | 2.1% | — | ||
| Q1 24 | 1.1% | 21.0% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | — | 0.3% | ||
| Q2 25 | 4.5% | 0.3% | ||
| Q1 25 | 4.8% | 0.2% | ||
| Q4 24 | — | 0.3% | ||
| Q3 24 | 4.0% | 0.3% | ||
| Q2 24 | 5.2% | 0.2% | ||
| Q1 24 | 3.8% | 0.3% |
| Q4 25 | 8.53× | 1.87× | ||
| Q3 25 | 1.99× | 1.17× | ||
| Q2 25 | 2.28× | — | ||
| Q1 25 | 3.59× | 3.79× | ||
| Q4 24 | 4.77× | -0.36× | ||
| Q3 24 | 7.60× | 2.64× | ||
| Q2 24 | 1.94× | — | ||
| Q1 24 | 2.46× | 12.51× |
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% |
SCSC
| Products And Services | $723.4M | 94% |
| Intelisys Advisory | $25.0M | 3% |
| Recurring Revenue | $18.2M | 2% |
