DELUXE CORPORATION (DLX) FY2026 YTD Q2 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2026-01-01 to 2026-06-30

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DELUXE CORPORATION cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $55,000,000.00Amortization of intangibles → Operating adjustments reconciliation: $60,700,000.00Deferred income taxes → Operating adjustments reconciliation: $23,900,000.00Amortization of prepaid product discounts → Operating adjustments reconciliation: $14,900,000.00Trade accounts receivable → Operating adjustments reconciliation: $14,200,000.00Employee share-based compensation expense → Operating adjustments reconciliation: $13,200,000.00Depreciation → Operating adjustments reconciliation: $12,200,000.00Other non-cash items, net → Operating adjustments reconciliation: $11,200,000.00Operating lease expense → Operating adjustments reconciliation: $7,100,000.00Amortization of cloud computing arrangement implementation costs → Operating adjustments reconciliation: $4,800,000.00Operating adjustments reconciliation → Net cash from operating activities: $78,900,000.00Operating adjustments reconciliation → Other accrued and non-current liabilities: $43,200,000.00Operating adjustments reconciliation → Accounts payable: $11,200,000.00Operating adjustments reconciliation → Other current and non-current assets: $11,100,000.00Operating adjustments reconciliation → Prepaid product discount payments: $10,100,000.00Operating adjustments reconciliation → Gain on sale of businesses and long-lived assets: $5,100,000.00Operating adjustments reconciliation → Inventories and supplies: $2,600,000.00Proceeds from company-owned life insurance policy → investing reconciliation: $34,000,000.00Proceeds from sale of businesses and long-lived assets → investing reconciliation: $10,800,000.00Other → investing reconciliation: $2,000,000.00investing reconciliation → Purchases of capital assets: $48,000,000.00Net cash used in financing activities → financing reconciliation: $390,200,000.00Proceeds from issuing long-term debt and swingline loans → financing reconciliation: $325,700,000.00financing reconciliation → Payments on long-term debt and swingline loans: $405,100,000.00financing reconciliation → Net change in settlement processing obligations: $255,700,000.00financing reconciliation → Cash dividends paid to shareholders: $29,200,000.00financing reconciliation → Holdback payments for acquired assets: $13,000,000.00financing reconciliation → Other: $12,900,000.00Net cash used in investing activities → investing reconciliation: $1,200,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $313,000,000.00Net cash from operating activities → Cash sources and uses: $133,900,000.00Cash sources and uses → Exchange-rate effect: $1,100,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $54,400,000.00Cash sources and uses → Net cash used in investing activities: $1,200,000.00Cash sources and uses → Net cash used in financing activities: $390,200,000.00Net income: $55,000,000.00Net income+$55.00 MDepreciation: $12,200,000.00Depreciation expense+$12.20 MAmortization of intangibles: $60,700,000.00Amortization expense+$60.70 MAmortization of prepaid product discounts: $14,900,000.00Prepaid product discount amort.+$14.90 MEmployee share-based compensation expense: $13,200,000.00Stock-based compensation+$13.20 MOperating lease expense: $7,100,000.00Operating lease expense+$7.10 MAmortization of cloud computing arrangement implementation costs: $4,800,000.00Cloud-computing amortization+$4.80 MGain on sale of businesses and long-lived assets: -$5,100,000.00Asset disposal gain & loss−$5.10 MDeferred income taxes: $23,900,000.00Deferred income taxes+$23.90 MOther non-cash items, net: $11,200,000.00Other non-cash items+$11.20 MTrade accounts receivable: $14,200,000.00Accounts receivable+$14.20 MInventories and supplies: -$2,600,000.00Inventories−$2.60 MOther current and non-current assets: -$11,100,000.00Other operating assets−$11.10 MAccounts payable: -$11,200,000.00Accounts payable−$11.20 MPrepaid product discount payments: -$10,100,000.00Prepaid product discounts paid−$10.10 MOther accrued and non-current liabilities: -$43,200,000.00Other operating liabilities−$43.20 MNet cash from operating activities: $133,900,000.00Operating cash+$133.90 MOperating adjustments reconciliation: $162,200,000.00Net change in settlement processing obligations: -$255,700,000.00Settlement obligations, net−$255.70 MCash dividends paid to shareholders: -$29,200,000.00Common dividends paid−$29.20 MHoldback payments for acquired assets: -$13,000,000.00Acquired asset holdbacks paid−$13.00 MOther: -$12,900,000.00Other financing, net−$12.90 MProceeds from issuing long-term debt and swingline loans: $325,700,000.00Debt issued+$325.70 MPayments on long-term debt and swingline loans: -$405,100,000.00Debt repaid−$405.10 MNet cash used in financing activities: -$390,200,000.00. Cash required to fund net payments.Financing cash−$390.20 Mfinancing reconciliation: $715,900,000.00Proceeds from company-owned life insurance policy: $34,000,000.00Life insurance proceeds+$34.00 MProceeds from sale of businesses and long-lived assets: $10,800,000.00Business & asset sales+$10.80 MOther: $2,000,000.00Other investing, net+$2.00 MPurchases of capital assets: -$48,000,000.00PP&E purchases−$48.00 MNet cash used in investing activities: -$1,200,000.00. Cash required to fund net payments.Investing cash−$1.20 Minvesting reconciliation: $48,000,000.00Cash sources and uses: $446,900,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $313,000,000.00Beginning cash$313.00 MEnding cash: Cash, cash equivalents, and restricted cash: $54,400,000.00Ending cash$54.40 MExchange-rate effect: -$1,100,000.00FX effect−$1.10 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$85.90 MOperating cash − cash spent on PP&ECash flow / Net income2.43×Operating cash flow ÷ net incomeNet cash change−$258.60 MEnding cash − beginning cash
Chart details

DELUXE CORPORATION cash flow reconciliation, Jan 1, 2026 through Jun 30, 2026

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2025
313,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
133,900,000 US dollars. Net cash provided.
Net income
55,000,000 US dollars
Depreciation
12,200,000 US dollars
Amortization of intangibles
60,700,000 US dollars
Amortization of prepaid product discounts
14,900,000 US dollars
Employee share-based compensation expense
13,200,000 US dollars
Operating lease expense
7,100,000 US dollars
Amortization of cloud computing arrangement implementation costs
4,800,000 US dollars
Gain on sale of businesses and long-lived assets
negative 5,100,000 US dollars
Deferred income taxes
23,900,000 US dollars
Other non-cash items, net
11,200,000 US dollars
Trade accounts receivable
14,200,000 US dollars
Inventories and supplies
negative 2,600,000 US dollars
Other current and non-current assets
negative 11,100,000 US dollars
Accounts payable
negative 11,200,000 US dollars
Prepaid product discount payments
negative 10,100,000 US dollars
Other accrued and non-current liabilities
negative 43,200,000 US dollars
Investing activities
negative 1,200,000 US dollars. Net cash used.
Proceeds from company-owned life insurance policy
34,000,000 US dollars
Proceeds from sale of businesses and long-lived assets
10,800,000 US dollars
Other
2,000,000 US dollars
Purchases of capital assets
negative 48,000,000 US dollars
Financing activities
negative 390,200,000 US dollars. Net cash used.
Net change in settlement processing obligations
negative 255,700,000 US dollars
Cash dividends paid to shareholders
negative 29,200,000 US dollars
Holdback payments for acquired assets
negative 13,000,000 US dollars
Other
negative 12,900,000 US dollars
Proceeds from issuing long-term debt and swingline loans
325,700,000 US dollars
Payments on long-term debt and swingline loans
negative 405,100,000 US dollars
Operating adjustment reconciliation
162,200,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
715,900,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
48,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
negative 1,100,000 US dollars
Ending cash on Jun 30, 2026
54,400,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
446,900,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 258,600,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.43×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
133,900,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
48,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
85,900,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $78.90M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 133,900,000 US dollars minus 48,000,000 US dollars equals 85,900,000 US dollars.
DELUXE CORPORATION (DLX) FY2026 YTD Q2 Statement of Cash Flows Sankey chart
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