Cadre Holdings reported a decrease in fourth-quarter revenue and net income compared to the prior year, primarily due to high shipment levels in the previous year's Q4 following a cyber incident recovery. Despite the quarterly dip, the company achieved record annual Adjusted EBITDA for the third consecutive year and expanded its footprint through the acquisition of TYR Tactical.
Cadre Holdings delivered strong revenue growth and profitability in the second quarter of 2025, with net sales increasing by 9% and gross profit by 10% year-over-year. The company's performance was bolstered by recent acquisitions and continued strong demand for its mission-critical safety products across various markets, despite a fluid macro environment. Adjusted EBITDA was $27.0 million, with an Adjusted EBITDA margin of 17.2%.
Cadre Holdings, Inc. reported first-quarter 2025 net sales of $130.1 million, a decrease from $137.9 million in the prior year, primarily due to large order shipment timing. Despite this, net income increased to $9.2 million from $6.9 million, and gross profit margin improved to 43.1% from 41.8%, driven by favorable mix and pricing.
Cadre Holdings achieved strong financial performance in Q4 2024, with revenue increasing by 41.3% year-over-year to $176.0 million, driven by acquisitions and strong shipments of Armor and Duty Gear. Adjusted EBITDA grew significantly to $38.5 million, leading to a higher adjusted EBITDA margin of 21.9%. Gross profit margin improved to 43.9%, reflecting stronger operational efficiencies. Net income reached $13.0 million, up from $9.6 million in Q4 2023.
Cadre Holdings reported net sales of $109.4 million and a net income of $3.7 million for the third quarter of 2024. The results were impacted by cybersecurity incidents that temporarily disrupted business operations. The company is focused on long-term growth through innovation, strategic acquisitions, and maintaining market leadership.
Cadre Holdings reported a strong second quarter in 2024, with net sales increasing by 19% year-over-year to $144.3 million and net income rising by 14% year-over-year to $12.6 million. Adjusted EBITDA increased to $28.3 million with an adjusted EBITDA margin of 19.6%. The company is actively evaluating M&A opportunities and remains on track to deliver double-digit net sales and adjusted EBITDA growth in 2024.
Cadre Holdings reported a strong first quarter in 2024, achieving record net sales of $137.9 million and a gross profit of $57.6 million. The company reaffirmed its full-year guidance, reflecting confidence in its operating model and the resilience of its businesses.
Cadre Holdings reported Q4 2023 net sales of $124.6 million compared to $123.6 million for the same quarter in the prior year. Net income for the quarter was $9.6 million, or $0.25 per diluted share, compared to $6.6 million in the prior year. The company's Adjusted EBITDA for the quarter was $20.7 million, representing a 16.6% margin.
Cadre Holdings reported strong Q3 2023 results with increased revenue, net income, and gross margin year-over-year. The company achieved a record adjusted EBITDA margin and raised its full-year adjusted EBITDA guidance range.
Cadre Holdings reported net sales of $121.1 million, net income of $11.0 million, and adjusted EBITDA of $22.8 million for the second quarter of 2023. The company increased its full-year Adjusted EBITDA guidance to a range of $80 million to $84 million and expects net sales between $472 million and $484 million.
Cadre Holdings reported a strong first quarter in 2023, with net sales of $111.7 million and net income of $7.0 million. The company's adjusted EBITDA grew to $18.6 million, with gross profit and adjusted EBITDA margins increasing by 320 and 300 basis points, respectively. Cadre Holdings also reaffirmed its full-year 2023 guidance.
Cadre Holdings reported Q4 2022 net sales of $123.6 million and net income of $6.6 million, or $0.17 per diluted share. The company exceeded its pricing growth target above inflation and generated adjusted EBITDA of $22.4 million. For full year 2023, Cadre expects net sales of $463 to $493 million and adjusted EBITDA of $76 to $82 million.
Cadre Holdings reported strong Q3 2022 results, with net sales of $111.6 million and net income of $4.9 million. The company also generated $20.7 million of Adjusted EBITDA, with an Adjusted EBITDA margin of 18.6%.
Cadre Holdings reported a net sales increase to $118.2 million, with a gross profit margin of 36.6% and net income of $4.4 million. The company exceeded its pricing growth target, grew its orders backlog, and reaffirmed its full-year guidance.