Recent Updates — CDRE
Cadre Holdings reported second quarter 2026 net sales of $207.1 million, a 32% increase year-over-year, driven by acquisitions and demand for nuclear safety and armor products. Net income was $11.4 million ($0.26 diluted EPS), while Adjusted EBITDA rose to $42.0 million with an expanded margin of 20.3%. The company raised its full-year 2026 guidance, projecting net sales between $749 million and $769 million and Adjusted EBITDA between $139 million and $144 million. Additionally, Cadre declared a quarterly cash dividend of $0.10 per share, payable on August 14, 2026 to shareholders of record as of July 31, 2026. The firm is a global leader in the manufacturing and distribution of safety equipment for law enforcement, first responders, military, and nuclear markets.
Cadre Holdings reported second-quarter 2026 net sales of $207.1 million, a 32% year-over-year increase, driven by acquisitions and strong demand for nuclear safety and armor products. Net income was $11.4 million ($0.26 diluted EPS), while Adjusted EBITDA rose 56% to $42.0 million with an expanded margin of 20.3%. The company raised its full-year 2026 guidance, projecting net sales between $749 million and $769 million and Adjusted EBITDA between $139 million and $144 million. Additionally, Cadre declared a quarterly cash dividend of $0.10 per share, payable on August 14, 2026 to shareholders of record as of July 31, 2026. The company operates in the manufacturing and distribution of safety equipment for law enforcement, first responders, military, and nuclear markets.
Cadre Holdings, Inc. closed on an amended and restated revolving line of credit with PNC Bank Canada Branch on July 23, 2026. The facility provides up to CDN$20.0 million in borrowing capacity, including up to CDN$6.0 million for letters of credit, and matures on December 20, 2029. Borrowings may be denominated in U.S. or Canadian dollars with interest rates tied to SOFR, CORRA, or Prime Rate plus applicable margins ranging from 0.50% to 2.50%. The agreement includes customary covenants and is guaranteed by Safariland, LLC. Cadre Holdings, Inc. operates in the manufacturing industry, producing protective equipment for military, law enforcement, and industrial markets.