Filing Flows › Cadre Holdings (CDRE) › Q2 2026
Cadre Holdings (CDRE) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Cadre Holdings (CDRE) reported revenue of $207M for the second quarter 2026 (Q2 2026), +32% from a year earlier and +33% from the quarter before. Operating margin was 10.8%, net earnings $11.4M (5.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $207M | +33% | +32% |
| Gross profit | $87.1M | +45% | +36% |
| Operating profit | $22.5M | +200% | +53% |
| Net earnings | $11.4M | +478% | -7% |
| Operating cash flow | $22.1M | -2% | +755% |
| Free cash flow | $18.7M | -6% | 16× |
What changed
Revenue was $207.1M in Q2 2026, up 32% year over year and up 33% from the previous quarter.
Gross margin was 42.1%, up 1.2 points from Q2 2025. Operating profit was $22.5M, a 10.8% margin (up 1.5 points year over year). Of the extra revenue versus Q2 2025, 16% reached operating profit, above the 9% margin then. Operating expenses grew 30% against revenue growth of 32%. The fastest-growing cost line was SG&A (+40%). Net earnings were $11.4M, down 7% year over year. The effective tax rate was 32.6%.
Operating cash flow was $22.1M (up 755% year over year), 194% of net earnings. Non-cash charges added back $6.2M of depreciation and amortization and $3.0M of share-based compensation. Working capital and other items added $1.6M. Capital expenditures of $3.5M left free cash flow of $18.7M.
Questions
What was Cadre Holdings' revenue in the second quarter 2026?
Cadre Holdings (CDRE) reported revenue of $207M for the second quarter 2026 (Q2 2026), +32% from a year earlier and +33% from the quarter before.
Was Cadre Holdings profitable in the second quarter 2026?
Operating profit was $22.5M (10.8% of revenue) and net earnings $11.4M.
Source: Cadre Holdings 10-Q on SEC EDGAR.