Business
Cadre Holdings Reports First Quarter 2026 Financial Results
JACKSONVILLE, Fla., May 11, 2026--Cadre Holdings, Inc. (NYSE: CDRE) ("Cadre" or "Company"), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, announced today its consolidated operating results for the three months ended March 31, 2026.
About this update from Cadre Holdings, Inc.
[{"type":"text","content":"Q1 Net Sales Grew 19% Year-Over-Year","length":36,"tagName":"p","attribs":{}},{"type":"text","content":"Record Orders Backlog of $355 Million; Organic Backlog Increased $108 Million from Q4 to Q1","length":91,"tagName":"p","attribs":{}},{"type":"text","content":"Reaffirms 2026 Full-Year Guidance","length":33,"tagName":"p","attribs":{}},{"type":"text","content":"JACKSONVILLE, Fla., May 11, 2026--(BUSINESS WIRE)--Cadre Holdings, Inc. (NYSE: CDRE) ("Cadre" or "Company"), a global leader in the manufacturing and distribution of safety equipment and other related products for the law enforcement, first responder, military and nuclear markets, announced today its consolidated operating results for the three months ended March 31, 2026.","length":395,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Net sales of $155.4 million for the first quarter","length":49,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Gross profit margin of 38.7% for the first quarter","length":50,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Net income of $2.0 million, or $0.05 per diluted share, for the first quarter","length":77,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA of $21.1 million for the first quarter","length":54,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Adjusted EBITDA margin of 13.6% for the first quarter","length":53,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Declared quarterly cash dividend of $0.10 per share in April 2026.","length":66,"tagName":"p","attribs":{}}]}],"tagName":"ul","bulletedList":true,"length":349,"olType":false},{"type":"text","content":""Following a year of meaningful financial and strategic progress, we began 2026 with significant momentum and delivered another quarter of strong performance," said Warren Kanders, CEO and Chairman. "Our orders backlog ended the first quarter at $355 million, a record for Cadre, up $166 million from the start of the year, driven largely by the blast attenuation seat contract award and the TYR acquisition, as well as strong demand in duty gear and armor. The substantial backlog growth represents an important forward indicator and gives us confidence in our outlook as we progress through the remainder of 2026. Overall, we contin...