Filing Flows › Cadre Holdings (CDRE) › How it makes money
How Cadre Holdings (CDRE) makes money
Cadre Holdings (CDRE) made $203M of revenue in the third quarter 2026 (Q3 2026), +30% from a year earlier. Of every dollar of revenue, 43¢ was left as gross profit, 14¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $203M | 100.0% |
| Cost of revenue | $115M | 56.6% |
| Gross profit | $88.1M | 43.4% |
| Operating expenses | $59.7M | 29.4% |
| Operating profit | $28.4M | 14.0% |
| Income tax | $7.9M | 3.9% |
| Net earnings | $16.0M | 7.9% |
| Operating cash flow | $22.9M | 11.3% |
| Free cash flow | $19.9M | 9.8% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $203M | +30% |
| Q2 2026 | $207M | +32% |
| Q1 2026 | $155M | +20% |
| Q4 2025 | $167M | -5% |
| Q3 2025 | $156M | +42% |
| Q2 2025 | $157M | +9% |
| Q1 2025 | $130M | -6% |
From Cadre Holdings' 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Cadre Holdings make money?
Cadre Holdings (CDRE) made $203M of revenue in the third quarter 2026 (Q3 2026), +30% from a year earlier. Of every dollar of revenue, 43¢ was left as gross profit, 14¢ was left as operating profit, 8¢ was left as net earnings.
What is Cadre Holdings' profit margin?
Net earnings were $16.0M, 7.9% of revenue, in the third quarter 2026; the operating margin was 14.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.