Cadre Holdings Reports Strong Q3 2026 Results and Raises Full-Year Guidance
Cadre Holdings (CDRE) delivered robust third-quarter 2026 financial results, characterized by a 30% increase in net sales to $202.9 million. Growth was primarily fueled by strategic acquisitions and heightened demand for Explosive Ordnance Disposal (EOD) products. The company reported an adjusted EBITDA of $41.1 million, representing a 38% year-over-year increase, while diluted earnings per share rose to $0.37 from $0.27 in the prior year. Driven by strong year-to-date performance, management raised its full-year revenue guidance to a range of $756 million to $769 million for the second consecutive quarter. To support shareholder value, the board authorized a new $100 million stock repurchase program. Despite some headwinds from foreign currency fluctuations and distribution segment pressures, the company maintains a healthy net leverage of 2.2x, providing significant capacity for future organic and inorganic growth.
Tickers: $CDRE
Topics: Adjusted EBITDA EPS Net Sales Growth Revenue Guidance Stock Repurchase Program