Deluxe Corp

Earnings growth outpaced revenue, demonstrating our strong operating leverage and driving reduction of our net debt ahead of our expected 2025 pacing.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Capital Allocation and Dividend The Board of Directors recently approved a regular quarterly dividend of $0.30 per share.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

The dividend will be payable on December 1, 2025, to shareholders of record as of market closing on November 17, 2025.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

It is important to note that management does not consider EBITDA or adjusted EBITDA to be measures of cash flow, as they do not account for certain cash requirements such as interest, income taxes, debt service payments, or capital investments.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

NET DEBT Net debt is calculated by subtracting cash and cash equivalents from total debt.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

One limitation associated with using net debt is that by subtracting cash and cash equivalents, it may imply that management intends to use these funds to reduce outstanding debt.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

htm EX-99.1 Document Exhibit 99.1 Contact Brian Anderson, VP, Strategy Investor Relations Keith Negrin, VP, Communications 651-447-4197 612-669-1459 brian.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

We were pleased to report overall revenue expansion led by another strong growth quarter from the Data Solutions business and continued acceleration of Merchant Services revenue trajectory, said Barry McCarthy, President and CEO of Deluxe.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Beyond the expansion of adjusted EBITDA margins across each operating segment, we were particularly pleased to deliver continued strong free cash flow, improving our balance sheet and achieving our targeted year-end leverage ratio through three quarters, said Chip Zint, Senior Vice President and Chief Financial Officer of Deluxe.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Management uses these measures to assess the operating results and performance of the business, perform analytical comparisons, and identify strategies to improve performance.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

It also provides insight into the cash flow available to fund various items such as dividends, mandatory and discretionary debt reduction, acquisitions or other strategic investments, and share repurchases.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Outlook The Company updated its full-year 2025 outlook ranges as noted below Revenue of $2.11 to $2.13 billion Adjusted EBITDA of $425 to $435 million Adjusted diluted EPS of $3.45 to $3.60 Free cash flow between $140 and $150 million This guidance remains subject to, among other things, prevailing macroeconomic conditions, global instability including tariffs, labor supply challenges, and inflation, as well as the impact of other potential changes to the company's portfolio.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

These statements reflect management s current intentions or beliefs and are subject to risks and uncertainties that could cause actual results or events to differ from stated expectations, which variations could be material and adverse.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Due to the significant uncertainty and variability associated with certain forward-looking reconciling items such as asset impairment charges, restructuring and integration expense, gains and losses on sales of businesses and long-lived assets, and certain legal and environmental expenses, a reconciliation of the outlook for these non-GAAP financial measures to the corresponding GAAP measures is not available without unreasonable effort.

SEC original ↗Deluxe Corp — Earnings release (8-K exhibit)EX-99Nov 5, 2025

Legal Proceedings 38 Item 1A.

SEC original ↗Deluxe Corp — 10-Q Quarterly report10-QNov 6, 2025

Litigation The liabilities recorded for legal matters, along with the related charges recorded in each period, did not have a material impact on our financial position, results of operations, or liquidity during the periods presented.

SEC original ↗Deluxe Corp — 10-Q Quarterly report10-QNov 6, 2025

We do not anticipate that any of the currently identified claims or litigation will materially affect our financial position, results of operations, or liquidity upon resolution.

SEC original ↗Deluxe Corp — 10-Q Quarterly report10-QNov 6, 2025