---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-018284"
form_type: "8-K"
ticker: "CDRE"
cik: "0001860543"
company_name: "Cadre Holdings, Inc."
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T11:06:25.955365+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cadre Q3 net sales $125.1M (+12% YoY); record Adj EBITDA $23.7M; raises FY guidance

## Summary
- Net income $11.1M ($0.29 diluted EPS) vs $4.9M YoY; Gross margin 42.8% vs 39.2%.
- Record Adj EBITDA $23.7M, margin 19.0%; nine-month Adj EBITDA $65.1M, margin 18.2%.
- FY 2023 net sales guidance raised to $477-481M; Adj EBITDA raised to $82-85M.
- Cash dividend of $0.08/share declared, payable Nov 17, 2023 to holders of record Nov 3.
- CEO highlights strong demand, M&A pipeline, and record full-year net sales expected.

## SEC filing metadata
- accession: 0001558370-23-018284
- form_type: 8-K
- ticker: CDRE
- cik: 0001860543
- company_name: Cadre Holdings, Inc.
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1860543/000155837023018284/0001558370-23-018284-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860543/000155837023018284/cdre-20231108x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-018284
- JSON: https://secwatch.observer/filing/0001558370-23-018284.json
- Plain text: https://secwatch.observer/filing/0001558370-23-018284.txt

## Key facts
- Earnings Releases
  Cadre Holdings, Inc. reported the quarter ended September 30, 2023 results: revenue $125.1 million, net income $11.1 million, EPS $0.29 per diluted share. Guidance raised.
  - Period: the quarter ended September 30, 2023
  - Revenue: $125.1 million
  - Net income: $11.1 million
  - EPS: $0.29 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: and survivability equipment for first responders, announced today its consolidated operating results for the three and nine months ended September 30, 2023. ​ ● Net sales of $125.1 million for the third quarter; net sales of $357.9 million for the nine months ended September 30, 2023 ● Gross profit margin of 42.8% for the third quarter; gross profit margin of 42.2%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860543/000155837023018284/0001558370-23-018284-index.htm
- Earnings Releases
  Cadre Holdings, Inc. reported full-year 2023 results: revenue $477 to $481 Million. Guidance raised.
  - Period: full-year 2023
  - Revenue: $477 to $481 Million
  - Guidance: raised
  - Result: guidance update
  source text: Expects Record Full-Year 2023 Net Sales Between $477 to $481 Million and Raises 2023 Full-Year Adjusted EBITDA Guidance Range to $82 to $85 Million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860543/000155837023018284/0001558370-23-018284-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.