Earnings ·
Cadre Holdings raises full-year sales guidance and announces $100M buyback after Q3 net income rises 46%
CDRECadre Holdings, Inc.
Cadre Holdings reported third-quarter net income of $16.0 million, or $0.37 per diluted share, a 46% increase from the prior year period. Net sales grew 30% to $202.9 million, driven by acquisitions and strong demand for explosive ordnance disposal products. Adjusted EBITDA reached $41.1 million with an expanded margin of 20.2%. The company raised its full-year 2026 net sales guidance to between $756 million and $769 million and adjusted EBITDA guidance to between $140 million and $144 million. Additionally, the board authorized a new $100 million stock repurchase program. Cadre Holdings is a global leader in manufacturing and distribution of safety equipment for law enforcement, military, and nuclear markets.