earnings
confidence high
sentiment positive
materiality 0.85
Cadre Q3 net sales up 42% to $155.9M, Adj EBITDA margin 19.1%; acquires TYR Tactical for $175M
Cadre Holdings, Inc.
2025-Q3 EPS
reported $0.79
vs consensus $0.27
▲ beat
(+197.9%)
- Net sales $155.9M (+42% YoY), net income $10.9M ($0.27 diluted EPS); Adjusted EBITDA $29.8M, margin 19.1%.
- Acquiring TYR Tactical for $175M; TYR generated ~$92.6M revenue in 2024; expected close H1 2026.
- Med-Eng awarded $50M DoD IDIQ contract; first $10M purchase order for 2026.
- FY2025 guidance: net sales $624-$630M, Adj EBITDA $112-$116M, capex $7-$8M.
- Quarterly dividend $0.095/share, payable Nov 14, record Oct 31; organic backlog up $20M QoQ.