Cadre Holdings, Inc. ( (CDRE) ) has released its Q3 earnings. Here is a breakdown of the information Cadre Holdings, Inc. presented to its investors.
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Cadre Holdings, Inc., headquartered in Jacksonville, Florida, is a global leader in the manufacturing and distribution of safety products, catering to law enforcement, first responders, military, and nuclear markets with key brands like Safariland and Med-Eng.
In its third quarter of 2025, Cadre Holdings reported a significant increase in financial performance, with net sales growing by 42% and gross profit by 66% year-over-year. The company also announced an agreement to acquire TYR Tactical, a leading provider of tactical gear, marking its largest acquisition to date.
Key financial highlights include net sales of $155.9 million for the quarter, a gross profit margin of 42.7%, and a net income of $10.9 million. The company achieved an adjusted EBITDA of $29.8 million, reflecting a margin of 19.1%. Additionally, Cadre’s subsidiary, Med-Eng, secured a $50 million contract with the Department of Defense.
Cadre’s strategic moves, including the acquisition of TYR Tactical, are aimed at strengthening its diversified platform and accelerating long-term growth. The company’s disciplined approach to mergers and acquisitions is expected to continue driving its expansion in the safety equipment sector.
Looking ahead, Cadre Holdings anticipates generating net sales between $624 million and $630 million for the full year 2025, with adjusted EBITDA projected to range from $112 million to $116 million. The company remains focused on leveraging its strong cash flow and pursuing further strategic acquisitions.