Cadre Holdings, Inc.

Cadre Holdings, Inc. announced strong financial results for the second quarter ended June 30, 2026, with net sales increasing 32% and adjusted EBITDA rising 56% year-over-year. The company also reported a record orders backlog of $368 million and raised its full-year 2026 guidance for both net sales and adjusted EBITDA. Additionally, Cadre completed the acquisition of Alien Gear Holsters and declared a quarterly cash dividend.

Cadre Holdings completed two significant acquisitions in the first half of 2026, acquiring Alien Gear for $10.3 million in April and TYR Tactical for $185.2 million in January. For the second quarter of 2026, net sales increased 31.8% to $207.1 million, while net income decreased 6.6% to $11.4 million. Diluted earnings per share for the quarter was $0.26, down from $0.30 in the prior year.

Cadre Holdings reported strong second-quarter 2026 financial results, with net sales increasing 32% year-over-year to $207.1 million and Adjusted EBITDA growing 56% to $42.0 million. The company also achieved a record orders backlog of $368 million, reflecting continued strong demand. Following these robust results and positive momentum, Cadre raised its full-year 2026 guidance for net sales to $749-$769 million and Adjusted EBITDA to $139-$144 million. Strategic highlights include the acquisition of Alien Gear Holsters and its subsidiary Safariland securing a significant FBI IDIQ contract.

Cadre Holdings' Canadian subsidiaries, including Med-Eng Holdings ULC and Pacific Safety Products Inc., closed on an amended and restated revolving line of credit with PNC Bank Canada Branch. The facility allows for borrowings up to CDN$20.0 million, with CDN$6.0 million allocated for letters of credit, and matures on December 20, 2029. This agreement replaces a previous loan and offers flexible interest rate options for both USD and CAD borrowings, alongside an unused line fee.

Cadre Holdings, Inc. held its 2026 Annual Meeting of Stockholders on May 29, 2026, where five director nominees were elected and KPMG LLP was ratified as the independent registered public accounting firm for 2026. The terms of directors Gianmaria C. Delzanno and Deborah A. DeCotis expired, and they were not nominated for re-election, a decision not stemming from any disagreement with the company. Approximately 94.41% of the company's common stock was represented at the meeting.

Cadre Holdings, Inc. reported a significant decrease in net income for the first quarter of 2026, falling to $1.98 million from $9.25 million in the prior year, with diluted EPS dropping to $0.05 from $0.23. This quarter included the acquisition of TYR Tactical, LLC on January 30, 2026, for a total consideration of $185.2 million, which contributed $15.48 million in net sales. Despite an increase in overall net sales and operating cash flow, profitability was impacted by higher interest expense and acquisition-related costs.

Cadre Holdings reported its first quarter 2026 financial results, with net sales growing 19% year-over-year to $155.4 million. The company achieved a record orders backlog of $355 million, driven by recent acquisitions and strong demand. Despite increased sales, net income decreased to $2.0 million from $9.2 million in the prior year, primarily due to higher expenses. Cadre also reaffirmed its full-year 2026 guidance for net sales and adjusted EBITDA.