NYSE$CDRE

Cadre Holdings Inc · Q4 2025 earnings

Q4 2025 earnings · · After market close · Investor relations

Briefing

Cadre Holdings reported Q4 2025 net sales of $167.2M with net income of $11.7M.

For the quarter ended December 31, 2025, Cadre Holdings net sales were $167.2 million with net income of $11.7 million. Full-year net income was $44.1 million as body armor and protective equipment demand remained strong.

  • Q4 net sales $167.2M.
  • Q4 net income $11.7M.
  • FY2025 net income $44.1M.
  • Body armor and tactical equipment leader.
  • Defense and law enforcement demand.

Headline financials

Total Revenue

$167M

Previous: $568M-70.6%
EPS (adj)

$0.27

Previous: $0.32-15.6%
Adjusted EBITDA

$34.4M

No prior period
Adjusted EBITDA Margin

20.6%

No prior period
Gross Profit Margin

43.4%

No prior period
Product Gross Margin

44.2%

No prior period
Distribution Gross Margin

21.9%

No prior period
Net Income

$11.7M

Previous: $36M-67.5%
Operating Income

$20.4M

Previous: $29.4M-30.5%
Gross Profit

$72.6M

Previous: $77.2M-5.9%

Revenue & EPS history

Cadre Holdings · Revenue · Quarterly

$167M

Q4 2025-70.6%vs Q4 2024
Beat estimate in 10 of 15 quarters(67%)
ActualEstimate

Revenue by segment

Cadre Holdings · $24.2M total across 1 segment · Q3 2023

  • Distribution
    $24.2M-67.2%

Forward guidance

Continued demand from defense, federal, and law enforcement channels.

Tailwinds

  • Full-year net income $44.1M.

Headwinds

  • Government budget cycle dependency.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q4 2025

Historical avgQ4 2025

+0.7%

Avg return

Earnings day

+0.2%

Avg return

5 days after

+2.1%

Avg return

30 days after

64%

14 / 22 earnings

Positive

+20.3%

Q1 2025

Best reaction

-13.3%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+4.3%-1.0%-1.1%
Q4 2025-13.3%-19.2%-19.8%
Q3 2025-3.6%-3.3%-5.0%
Q1 2025+20.3%+20.8%+16.5%
Q4 2024+5.1%-3.3%-8.2%
Q3 2024-3.8%-1.5%+0.5%
Q2 2024-0.6%-0.7%-1.0%
Q1 2024-12.2%-9.5%-6.8%
Q4 2023+0.2%+3.9%-2.9%
Q3 2023+6.3%+12.0%+11.6%
Q2 2023+8.5%+7.5%+10.1%
Q1 2023+2.7%+2.7%-3.6%
Q4 2022-7.3%-7.9%+9.3%
Q3 2022+4.1%-11.4%-18.5%
Q2 2022-4.1%+1.2%+3.9%
Q1 2021+0.6%+0.5%-20.2%
Q1 2022+3.1%+3.8%-7.7%
Q2 2021+4.7%+6.6%+3.9%
Q4 2021-2.8%+7.9%+3.9%
Q4 2020+1.1%-1.3%+27.0%
Q3 2020+1.1%-1.3%+27.0%
Q3 2021+1.1%-1.3%+27.0%
Q2 2020
Q1 2020

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