Education
About Us
Working with TipRanks
Follow Us
Cadre Holdings (CDRE)
NYSE:CDRE
Earnings Data
Report Date
May 12, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.1Last Year’s EPS
0.23Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong strategic progress: sizeable backlog growth (~+50%), multiyear contract awards ($50M IDIQ and $86M Med‑Eng awards), record adjusted EBITDA ($111.7M) and margin expansion, plus accretive M&A (TIER, CARS) and constructive 2026 guidance. Near‑term challenges include timing delays on large opportunities, a slowdown in a specific nuclear down‑blending subsegment driven by policy, some distribution softness, and a lighter Q1 cadence. Management conveyed confidence that delays are timing issues (not lost business) and that pipeline and backlog support growth, while acknowledging short‑term mix and timing headwinds.Company Guidance
Backlog Growth
Orders backlog increased nearly 50% year-over-year, driven by 2025 order growth and the addition of CARS Engineering, improving forward visibility for multi‑year programs.
Large Contract Awards — BMO and Blast Seats
Awarded a $50,000,000 IDIQ blast exposure monitoring (BMO) contract and Med-Eng received $86,000,000 in blast attenuation seat contracts with production/deliveries running 2026–2031 and 2026–2029, respectively.
Record Adjusted EBITDA and Margin Improvement
2025 adjusted EBITDA was a record $111,700,000 (third consecutive record year). Full-year gross margins improved ~140 basis points year-over-year; public safety gross margins (ex-distribution and nuclear) rose ~188 basis points.
Completed Strategic Acquisitions and M&A Pipeline
Acquisition of CARS Engineering closed in 2025; TIER Tactical closed in February 2026. Management reports a robust M&A funnel and disciplined, accretive acquisition approach.
2026 Financial Guidance
Net sales guided to $736M–$758M and adjusted EBITDA guided to $136M–$141M (implying ~18.5% EBITDA margin). Management stated the outlook implies year-over-year revenue and adjusted EBITDA growth of ~22%–24% at midpoints.
TIER Contribution and Profile
TIER is modeled at about $100,000,000 of full-year revenue (high‑80s/low‑90s baked into 2026 guidance due to Feb close) with EBITDA margins ~20% and a largely international customer base (66% international).
Consumer Channel and International Wins
Consumer channel grew 7% for full-year 2025 and 15% in H2 2025 versus prior year. Multiple international wins across South America, Europe, UAE and parts of Asia contributed to order activity.
Capital Allocation and Shareholder Returns
Company has generated strong free cash flow, paid 17 consecutive quarterly dividends, and recently raised the dividend to an annualized $0.40 per share.
Balance Sheet and Leverage
Post‑TIER leverage just under 3x (approximately 2.5x when adjusting for TIER's EBITDA contribution), with management citing ample financial flexibility for M&A and organic investment.
Operational Execution and Integration Progress
Management reported solid progress integrating acquired businesses, initiation of TIER 100‑day integration activities, and cross‑business projects to leverage TIER capabilities.
CDRE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CDRE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Mar 10, 2026 | $40.69 | $35.21 | -13.47% |
Nov 04, 2025 | $42.42 | $45.00 | +6.06% |
Aug 05, 2025 | $34.13 | $28.71 | -15.86% |
May 06, 2025 | $29.39 | $35.15 | +19.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Cadre Holdings (CDRE) report earnings?
Cadre Holdings (CDRE) is schdueled to report earning on May 12, 2026, After Close (Confirmed).
What is Cadre Holdings (CDRE) earnings time?
Cadre Holdings (CDRE) earnings time is at May 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CDRE EPS forecast?
CDRE EPS forecast for the fiscal quarter 2026 (Q1) is 0.1.