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Cadre Holdings CDRE Q2 2026 earnings

Reported August 5, 2026 · After market close

Revenue$207.1MBeat by $28.8M
EPS$0.26Beat by $0.04
Revenue estimate$178.3M
EPS estimate$0.22
We delivered outstanding Q2 results that exceeded our expectations, reflecting continued strong demand trends for our mission critical safety equipment, together with consistent execution and the benefits of the Cadre operating model. Net sales, gross profit, and Adjusted EBITDA increased significantly this quarter, with an Adjusted EBITDA margin that improved 310 basis points year-over-year. Our strong year-to-date financial and operational performance, combined with our record orders backlog and continued momentum entering the second half of the year, gives us increased confidence in our outlook. As a result, we are raising our full-year guidance and remain well positioned to deliver meaningful growth and profitability in 2026 and beyond.
Warren Kanders

Next report

Nov 3, 2026 (in 2 months)
Revenue estimate$190.7M
EPS estimate$0.33

Financials

Q2 2026

Income statement

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Revenue$207.1M+31.8%
Gross profit$87.1M+35.6%
Operating income$22.5M+53.0%
Net income$11.4M-6.6%
EPS (diluted)$0.26-13.3%

Balance sheet

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Cash & equivalents$54.0M-60.7%
Total debt$399.8M+17.8%
Total equity$346.8M+4.3%
Total assets$917.3M+15.5%

Cash flow

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Operating cash flow$22.1M+755%
CapEx$3.5M+142%
Free cash flow$18.7M+1,505%

Valuation & ratios

Valuation

as of 09/16/26
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Market cap$1.18B-11.7%
Enterprise value$1.53B-0.9%
P/E32.8×-2.4×
P/S1.7×-0.6×

Profitability

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Gross margin41.8%+0.3pp
Operating margin10.1%-0.9pp
Net margin5.3%-1.4pp
FCF margin11.4%

Returns & leverage

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Return on equity10.6%-1.4pp
Debt / equity1.2×+0.1×
Current ratio2.1×-1.4×

Segments

By segment

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Products$190.0M+35.6%
Distribution Services$27.1M+6.3%

FAQ

When did Cadre Holdings report Q2 2026 earnings?
Cadre Holdings (CDRE) reported Q2 2026 earnings on August 5, 2026 after market close.
What were Cadre Holdings's Q2 2026 revenue and EPS?
Cadre Holdings reported revenue of $207.1M and eps of $0.26 for Q2 2026.
Did Cadre Holdings beat estimates in Q2 2026?
Revenue beat the consensus estimate of $178.3M by $28.8M. EPS beat the consensus estimate of $0.22 by $0.04.
How did Cadre Holdings's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 31.8% from $157.1M a year earlier and eps declined 13.3% from $0.30.
Where can I find Cadre Holdings's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001104659-26-091143) and the 10-Q periodic report (0001104659-26-091151) directly on SEC EDGAR. The filing index links above go to sec.gov.