Cadre Holdings, Inc. (CDRE)
NYSE:CDRE
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.21Last Year’s EPS
0.3Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed multiple strong operational and financial positives — 19% Q1 revenue growth, a record backlog with clear drivers, reaffirmed full-year guidance implying 20%+ growth, active M&A execution, and a solid capital structure — while acknowledging manageable headwinds (armor/nuclear mix, distribution softness on discretionary items, and a suspended plutonium program). Management expects margins and revenue conversion to improve later in 2026 and emphasizes disciplined M&A and cash allocation. Overall, positives substantially outweigh the isolated near-term challenges.Company Guidance
Strong Quarterly Revenue Growth
Q1 net sales of $155.4M, up 19% year-over-year, driven by recurring demand across law enforcement, first responder, military, and nuclear end markets.
Record Orders Backlog
Record backlog of $355M as of March 31 (management also referenced ~$365M earlier), an increase of $166M quarter-over-quarter, including $108M organic growth.
Reaffirmed 2026 Guidance with Double-Digit Growth
Full-year net sales guidance $736M–$758M and adjusted EBITDA $136M–$141M; midpoint implies ~22.4% revenue growth and ~24% adjusted EBITDA growth year-over-year; adjusted EBITDA margin guidance ~18.5% at midpoint.
Backlog Drivers and Conversion Visibility
Organic backlog additions include an $87M blast attenuation seat contract (7-year with General Dynamics European Land Systems) plus strong demand in duty gear and armor; management expects majority of backlog (excluding most of the blast-seat portion) to convert to revenue in 2026 with Q2 revenue ~ $178M.
Active and Disciplined M&A Program
Completed two acquisitions in 2026 (TIER Tactical in January — $175M strategic platform; Alien Gear Holsters in April — $10.3M bolt-on). Since IPO seven acquisitions; >$400M deployed since 2024. M&A remains central to growth strategy.
Consumer Channel Strength
Consumer channel growth: up 6.7% in Q1 YoY, driven by Safariland brand and new product introductions; integration work underway with Alien Gear to optimize consumer positioning.
Financial Position and Capital Allocation
Net leverage just under 3.0x; pro forma with a full year of TIER earnings below 2.5x. Management targets ~2.0x long-term. Strong free cash flow and 17th consecutive May dividend planned since IPO.
Margin and Cost Outlook
Q1 margins in line with expectations despite mix headwinds; management expects margins to improve through 2026 driven by mix improvement, operating leverage, and incremental higher-margin backlog shipments.
Nuclear Market Opportunity (Defense-Focused)
DOE FY2027 budget cited as up ~10% overall with increased defense-related spending that could favor CAS ventilation, containment, robotic arms and container businesses—supportive for portions of the nuclear portfolio.
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 |
|---|---|---|---|
May 11, 2026 | $31.36 | $28.38 | -9.50% |
Mar 10, 2026 | $40.55 | $35.09 | -13.47% |
Nov 04, 2025 | $42.28 | $44.84 | +6.07% |
Aug 05, 2025 | $34.01 | $28.62 | -15.86% |
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, Inc. (CDRE) report earnings?
Cadre Holdings, Inc. (CDRE) is schdueled to report earning on Aug 11, 2026, After Close (Confirmed).
What is Cadre Holdings, Inc. (CDRE) earnings time?
Cadre Holdings, Inc. (CDRE) earnings time is at Aug 11, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CDRE EPS forecast?
CDRE EPS forecast for the fiscal quarter 2026 (Q2) is 0.21.