Deluxe

Q2 FY2026 EarningsDLX.US Q2 FY26 results were mixed relative to consensus: revenue of $499.3M slightly beat the $486.3M expectation, while GAAP EPS of $0.41 missed the $0.52 mean estimate. The top-line was bolstered by strong Data Solutions growth (+21.4% YoY), offsetting a $34.5M headwind from the Safeguard divestiture. Profitability was pressured by a higher effective tax rate of 36.2% vs. 26.5% expected, primarily due to one-time tax impacts from COLI policy surrenders and acquisition costs.