Earnings Releases·Nov 4, 2026, 4:15 PM ET

Cadre Holdings — Third Quarter 2026 Earnings Summary

Net sales grew 30% year-over-year to $202.9 million for the quarter, while nine-month net income declined to $29.4 million ($0.68/share) from $32.4 million ($0.80/share) due to acquisition costs and interest expenses; however, Adjusted EBITDA rose 38% to $41.1 million with a 20.2% margin.
The company raised full-year 2026 guidance for the second consecutive quarter, projecting net sales of $756–$769 million and Adjusted EBITDA of $140–$144 million, driven by strong demand for EOD, crowd control, and chemiluminescent products.
Capital allocation strategy includes a new $100 million stock repurchase program and a quarterly dividend of $0.10 per share, alongside $164.8 million in business acquisitions during the nine-month period.
Balance sheet leverage increased with total debt rising to $369.5 million and cash reserves declining to $63.9 million, while management targets margin expansion through its operating model and AI-driven efficiency initiatives.