---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-002481"
form_type: "8-K"
ticker: "CDRE"
cik: "0001860543"
company_name: "Cadre Holdings, Inc."
filed_at: "2024-03-05T23:59:59+00:00"
generated_at: "2026-06-05T04:11:09.744730+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Cadre Holdings reports record FY2023 revenue $482.5M; raises dividend 9.4%; guides 2024 sales $553M-$572M

## Summary
- Q4 net sales $124.6M; full-year net sales $482.5M (+5.4% YoY); full-year gross margin 41.6% vs 38.4% prior.
- Full-year net income $38.6M ($1.02 diluted EPS) vs $5.8M; Adjusted EBITDA $85.8M (17.8% margin) vs $75.7M.
- Quarterly dividend raised to $0.0875/share ($0.35 annualized), a 9.4% increase over prior $0.32 annualized.
- Completed accretive acquisitions: ICOR Technology (Jan 2024) and Alpha Safety for $106.5M (March 2024).
- 2024 guidance: net sales $553M-$572M, Adj EBITDA $104M-$108M, implying ~16.5% revenue and ~23.5% Adj EBITDA growth.

## SEC filing metadata
- accession: 0001558370-24-002481
- form_type: 8-K
- ticker: CDRE
- cik: 0001860543
- company_name: Cadre Holdings, Inc.
- filed_at: 2024-03-05T23:59:59+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/1860543/000155837024002481/0001558370-24-002481-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1860543/000155837024002481/cdre-20240305x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-002481
- JSON: https://secwatch.observer/filing/0001558370-24-002481.json
- Plain text: https://secwatch.observer/filing/0001558370-24-002481.txt

## Key facts
- Earnings Releases
  Cadre Holdings, Inc. reported the fourth quarter and year ended December 31, 2023 results: revenue $124.6 million for the fourth quarter; net sales of $482.5 million for the year ended December 31, 2023, net income Net income of $9.6 million, or $0.25 per diluted share, for the fourth quarter; net income of $38.6 million, or $1.02 pe. Guidance initiated.
  - Period: the fourth quarter and year ended December 31, 2023
  - Revenue: $124.6 million for the fourth quarter; net sales of $482.5 million for the year ended December 31, 2023
  - Net income: Net income of $9.6 million, or $0.25 per diluted share, for the fourth quarter; net income of $38.6 million, or $1.02 pe
  - Guidance: initiated
  - Result: reported results
  source text: On March 5, 2024, Cadre Holdings, Inc. (the “Company”) issued a press release announcing its financial results for the fourth quarter and year ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1860543/000155837024002481/0001558370-24-002481-index.htm

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