Filing Flows › Cadre Holdings (CDRE) › Q3 2026
Cadre Holdings (CDRE) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Cadre Holdings (CDRE) reported revenue of $203M for the third quarter 2026 (Q3 2026), +30% from a year earlier and -2% from the quarter before. Operating margin was 14.0%, net earnings $16.0M (7.9% of revenue).
Cadre Holdings, Q3 2026: revenue $203M (+30% year over year), operating margin 14.0%, net earnings $16.0M, operating cash flow $22.9M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $203M | -2% | +30% |
| Gross profit | $88.1M | +1% | +32% |
| Operating profit | $28.4M | +26% | +52% |
| Net earnings | $16.0M | +40% | +46% |
| Operating cash flow | $22.9M | +4% | +2% |
| Free cash flow | $19.9M | +6% | -8% |
What changed
Revenue was $202.9M in Q3 2026, up 30% year over year and down 2% from the previous quarter.
Gross margin was 43.4%, up 0.7 points from Q3 2025. Operating profit was $28.4M, a 14.0% margin (up 2.0 points year over year). Of the extra revenue versus Q3 2025, 21% reached operating profit, above the 12% margin then. Operating expenses grew 25% against revenue growth of 30%. The fastest-growing cost line was SG&A (+29%). Net earnings were $16.0M, up 46% year over year. The effective tax rate was 33.2%.
Operating cash flow was $22.9M (up 2% year over year), 143% of net earnings. Non-cash charges added back $6.4M of depreciation and amortization and $5.1M of share-based compensation. Working capital and other items used $4.6M. Capital expenditures of $3.1M left free cash flow of $19.9M.
Questions
What was Cadre Holdings' revenue in the third quarter 2026?
Cadre Holdings (CDRE) reported revenue of $203M for the third quarter 2026 (Q3 2026), +30% from a year earlier and -2% from the quarter before.
Was Cadre Holdings profitable in the third quarter 2026?
Operating profit was $28.4M (14.0% of revenue) and net earnings $16.0M.
Source: Cadre Holdings 10-Q on SEC EDGAR.