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

SLM Corp is the larger business by last-quarter revenue ($560.0M vs $535.2M, roughly 1.0× DELUXE CORP). SLM Corp runs the higher net margin — 55.0% vs 2.2%, a 52.8% gap on every dollar of revenue. Over the past eight quarters, SLM Corp's revenue compounded faster (22.7% 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 ...

Nikon SLM Solutions AG, headquartered in Lübeck, Germany, is a manufacturer of 3D metal printers listed on the stock market and co-owner of the word mark SLM. The shares of SLM Solutions Group AG have been listed in Prime Standard of the Frankfurt Stock Exchange since May 9, 2014.

DLX vs SLM — Head-to-Head

Bigger by revenue
SLM
SLM
1.0× larger
SLM
$560.0M
$535.2M
DLX
Higher net margin
SLM
SLM
52.8% more per $
SLM
55.0%
2.2%
DLX
Faster 2-yr revenue CAGR
SLM
SLM
Annualised
SLM
22.7%
0.0%
DLX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DLX
DLX
SLM
SLM
Revenue
$535.2M
$560.0M
Net Profit
$12.0M
$308.0M
Gross Margin
52.2%
Operating Margin
8.9%
Net Margin
2.2%
55.0%
Revenue YoY
2.8%
Net Profit YoY
-5.0%
1.0%
EPS (diluted)
$0.25
$1.54

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
SLM
SLM
Q1 26
$560.0M
Q4 25
$535.2M
$377.1M
Q3 25
$540.2M
$373.0M
Q2 25
$521.3M
$376.8M
Q1 25
$536.5M
$375.0M
Q4 24
$520.6M
$362.2M
Q3 24
$528.4M
$359.4M
Q2 24
$537.8M
$372.2M
Net Profit
DLX
DLX
SLM
SLM
Q1 26
$308.0M
Q4 25
$12.0M
$233.2M
Q3 25
$33.7M
$135.8M
Q2 25
$22.4M
$71.3M
Q1 25
$14.0M
$304.5M
Q4 24
$12.6M
$111.6M
Q3 24
$8.9M
$-45.2M
Q2 24
$20.5M
$252.0M
Gross Margin
DLX
DLX
SLM
SLM
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%
Operating Margin
DLX
DLX
SLM
SLM
Q1 26
Q4 25
8.9%
83.8%
Q3 25
14.0%
49.8%
Q2 25
11.7%
23.3%
Q1 25
9.0%
Q4 24
9.0%
36.5%
Q3 24
7.9%
-16.6%
Q2 24
11.0%
91.0%
Net Margin
DLX
DLX
SLM
SLM
Q1 26
55.0%
Q4 25
2.2%
61.8%
Q3 25
6.2%
36.4%
Q2 25
4.3%
18.9%
Q1 25
2.6%
81.2%
Q4 24
2.4%
30.8%
Q3 24
1.7%
-12.6%
Q2 24
3.8%
67.7%
EPS (diluted)
DLX
DLX
SLM
SLM
Q1 26
$1.54
Q4 25
$0.25
$1.11
Q3 25
$0.74
$0.63
Q2 25
$0.50
$0.32
Q1 25
$0.31
$1.40
Q4 24
$0.28
$0.53
Q3 24
$0.20
$-0.23
Q2 24
$0.46
$1.11

Balance Sheet & Financial Strength

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

Metric
DLX
DLX
SLM
SLM
Cash + ST InvestmentsLiquidity on hand
$36.9M
$5.2B
Total DebtLower is stronger
$6.2B
Stockholders' EquityBook value
$680.7M
$2.4B
Total Assets
$2.9B
$29.4B
Debt / EquityLower = less leverage
2.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLX
DLX
SLM
SLM
Q1 26
$5.2B
Q4 25
$36.9M
$4.2B
Q3 25
$25.8M
$3.5B
Q2 25
$26.0M
$4.1B
Q1 25
$30.3M
$3.7B
Q4 24
$34.4M
$4.7B
Q3 24
$41.3M
$4.5B
Q2 24
$23.1M
$5.3B
Total Debt
DLX
DLX
SLM
SLM
Q1 26
$6.2B
Q4 25
$5.4B
Q3 25
$6.8B
Q2 25
$6.4B
Q1 25
$6.1B
Q4 24
$6.4B
Q3 24
$6.0B
Q2 24
$5.4B
Stockholders' Equity
DLX
DLX
SLM
SLM
Q1 26
$2.4B
Q4 25
$680.7M
$2.5B
Q3 25
$664.1M
$2.3B
Q2 25
$638.7M
$2.4B
Q1 25
$622.5M
$2.4B
Q4 24
$620.9M
$2.2B
Q3 24
$612.7M
$2.1B
Q2 24
$620.5M
$2.3B
Total Assets
DLX
DLX
SLM
SLM
Q1 26
$29.4B
Q4 25
$2.9B
$29.7B
Q3 25
$2.6B
$29.6B
Q2 25
$2.5B
$29.6B
Q1 25
$2.6B
$28.9B
Q4 24
$2.8B
$30.1B
Q3 24
$2.6B
$30.0B
Q2 24
$2.7B
$28.8B
Debt / Equity
DLX
DLX
SLM
SLM
Q1 26
2.53×
Q4 25
2.19×
Q3 25
2.92×
Q2 25
2.70×
Q1 25
2.56×
Q4 24
2.98×
Q3 24
2.83×
Q2 24
2.37×

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
SLM
SLM
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.

Operating Cash Flow
DLX
DLX
SLM
SLM
Q1 26
Q4 25
$102.1M
$-64.5M
Q3 25
$67.1M
$-49.3M
Q2 25
$51.1M
$-138.7M
Q1 25
$50.3M
$-146.1M
Q4 24
$60.2M
$4.5M
Q3 24
$67.9M
$-113.4M
Q2 24
$39.6M
$-143.8M
Free Cash Flow
DLX
DLX
SLM
SLM
Q1 26
Q4 25
Q3 25
Q2 25
$27.8M
Q1 25
$24.3M
Q4 24
Q3 24
$46.7M
Q2 24
$11.4M
FCF Margin
DLX
DLX
SLM
SLM
Q1 26
Q4 25
Q3 25
Q2 25
5.3%
Q1 25
4.5%
Q4 24
Q3 24
8.8%
Q2 24
2.1%
Capex Intensity
DLX
DLX
SLM
SLM
Q1 26
Q4 25
Q3 25
Q2 25
4.5%
Q1 25
4.8%
Q4 24
Q3 24
4.0%
Q2 24
5.2%
Cash Conversion
DLX
DLX
SLM
SLM
Q1 26
Q4 25
8.53×
-0.28×
Q3 25
1.99×
-0.36×
Q2 25
2.28×
-1.95×
Q1 25
3.59×
-0.48×
Q4 24
4.77×
0.04×
Q3 24
7.60×
Q2 24
1.94×
-0.57×

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%

SLM
SLM

Net Interest Income$375.0M67%
Noninterest Income$185.0M33%

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