Cadre Holdings, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $610.3M | $567.6M | $482.5M | $457.8M | $427.3M |
| Cost of revenue | $350.7M | $334.1M | $281.8M | $282.2M | $256.6M |
| Gross profit | $259.6M | $233.5M | $200.7M | $175.7M | $170.7M |
| Selling, general & administrative | $183.1M | $158.3M | $140.5M | $153.1M | $115.0M |
| Research and development | $11.4M | $8.4M | $7.0M | $7.1M | $6.5M |
| Operating expenses | $192.3M | $166.7M | $144.2M | $159.0M | $119.0M |
| Operating income | $67.4M | $66.8M | $56.5M | $16.7M | $51.7M |
| Interest expense | — | $7.8M | $4.5M | $6.2M | $16.4M |
| Pretax income | $62.3M | $54.2M | $52.9M | $9.4M | $19.2M |
| Income tax expense | $18.2M | $18.1M | $14.3M | $3.6M | $6.5M |
| Net income | $44.1M | $36.1M | $38.6M | $5.8M | $12.7M |
| Balance Sheet | |||||
| Cash and equivalents | $122.9M | $124.9M | — | — | — |
| Current assets | $365.9M | $327.6M | $245.8M | $197.0M | $160.0M |
| Total assets | $770.0M | $652.7M | $431.2M | $392.0M | $311.8M |
| Current liabilities | $104.5M | $94.1M | $95.2M | $78.9M | $74.6M |
| Total liabilities | $452.2M | $341.2M | $234.0M | $226.1M | $223.2M |
| Total debt | — | — | — | $139.1M | $148.6M |
| Stockholders' equity | $317.8M | $311.5M | $197.2M | $165.9M | $88.6M |
| Cash Flow Statement | |||||
| Cash from operations | $63.7M | $31.8M | $73.2M | $46.4M | $40.1M |
| Depreciation and amortization | $18.6M | $16.4M | $15.7M | $15.7M | $13.7M |
| Stock-based compensation | $12.2M | $8.4M | $9.4M | $31.9M | $355,000 |
| Capital expenditure | $6.9M | $5.7M | $6.7M | $4.5M | $2.8M |
| Free cash flow | $56.8M | $26.1M | $66.5M | $41.9M | $37.3M |
| Dividends paid | $15.4M | $13.9M | $12.0M | $11.5M | $12.8M |
| Impairments | $0 | $0 | $0 | $0 | $0 |
Shares outstanding 42.8M
Annual filing data through FY ended December 31, 2025; float as of July 16, 2026.