Filing Flows › Cadre Holdings (CDRE) › Q2 2026 › vs Q1 2026
Cadre Holdings (CDRE) Q2 2026 vs Q1 2026 (quarter over quarter)
Cadre Holdings's revenue rose $51.7M (+33%) from $155M in Q1 2026 to $207M in Q2 2026. Gross margin 42.1% against 38.7% (+3.4 pts).
Cadre Holdings, Q2 2026: revenue $207M (+32% year over year), operating margin 10.8%, net earnings $11.4M, operating cash flow $22.1M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Gross margin | 42.1% | 38.7% | +3.4 pts |
| Operating margin | 10.8% | 4.8% | +6.0 pts |
| Net margin | 5.5% | 1.3% | +4.2 pts |
| Free cash flow margin | 9.0% | 12.8% | -3.7 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $207M | $155M | $51.7M | +33% |
| Gross profit | $87.1M | $60.2M | $27.0M | +45% |
| Cost of revenue | $120M | $95.3M | $24.7M | +26% |
| Operating profit | $22.5M | $7.5M | $15.0M | +200% |
| Operating expenses | $64.7M | $52.7M | $12.0M | +23% |
| Pre-tax earnings | $16.9M | $2.8M | $14.1M | +497% |
| Other expense, net | $5.5M | $4.7M | $888K | +19% |
| SG&A | $63.2M | $48.8M | $14.4M | +29% |
| Other operating costs | $1.5M | $3.8M | −$2.4M | -62% |
| Net earnings | $11.4M | $2.0M | $9.4M | +478% |
| Income tax | $5.5M | $856K | $4.7M | +543% |
| Depreciation & amortization | $6.2M | $5.7M | $443K | +8% |
| Share-based compensation | $3.0M | $1.9M | $1.0M | +54% |
| Working capital & other | $1.6M | $12.9M | −$11.3M | -88% |
| Operating cash flow | $22.1M | $22.5M | −$390K | -2% |
| Free cash flow (OCF − capex) | $18.7M | $19.8M | −$1.2M | -6% |
| Capital expenditures | $3.5M | $2.7M | $773K | +29% |
Questions
How much did Cadre Holdings's revenue grow quarter over quarter in Q2 2026?
Cadre Holdings's revenue rose $51.7M (+33%) from $155M in Q1 2026 to $207M in Q2 2026. Gross margin 42.1% against 38.7% (+3.4 pts).