Cadre Holdings, Inc. (CDRE)

Over the past six months, Cadre Holdings, Inc. held its Third Quarter 2025 Earnings Conference Call on October 29, 2025, and reported its Q3 2025 financial results on November 4, 2025. The company announced the acquisition of TYR Tactical on October 29, 2025, with a conference call on October 8, 2025, valued at $175 million. An Investor Day was held on September 4, 2025, and the company participated in the Jefferies Industrials Conference on August 6, 2025. The Second Quarter 2025 Earnings Conference Call was held on May 30, 2025, with financial results released on August 5, 2025. Cadre was awarded a $50 million contract with the Department of War on November 19, 2025, for the Blast Exposure Monitoring (BEMO) Program, with an initial purchase order of $10 million scheduled for delivery in 2026. A quarterly cash dividend of $0.095 per share was declared on October 21, 2025, payable on November 14, 2025. The company also participated in the CJS Securities 26th Annual New Ideas for the New Year Conference scheduled for January 14, 2026.

The demand for Cadre Holdings, Inc.'s products is often driven by recurring modernization or replacement cycles and technological advancements, particularly for mission-critical safety equipment. The company's business model emphasizes recurring revenue streams through consumable products and long-term relationships with government agencies and law enforcement organizations. While Q1 financial performance in 2025 was noted to be below Q4's record results due to "seasonal and project-specific factors," the overall demand for its products is described as "sustained" and "resilient through economic, political, geopolitical and other cycles." Global instability and rising government investment are also cited as factors fueling steady demand.

Cadre Holdings, Inc. is a global leader in manufacturing and distributing safety and survivability equipment within the Industrials sector, specifically the Aerospace & Defense industry. The company provides critical protection products for first responders, federal agencies, and the outdoor/personal protection markets. Its major products include duty gear and holsters, body armor, explosive ordnance disposal equipment, less-lethal products and crowd control devices, tactical equipment and protective cases, forensics products, and nuclear safety products. The company also distributes third-party products such as uniforms, optics, boots, firearms, and ammunition.

Cadre Holdings, Inc. serves a diverse customer base across more than 100 countries, with a significant portion of its revenue coming from the United States. In Q1 2024, the United States accounted for $91.3 million in revenue, while international revenue was $19.4 million. The company is headquartered in Jacksonville, Florida, United States.

Cadre Holdings emphasizes its mission to provide trusted, innovative, high-quality safety and survivability products, with its creed being "Together, We Save Lives®". The company's brands, such as Safariland® and Med-Eng®, are recognized in the industry for mission-critical safety equipment, with many products becoming industry standards. Strategic acquisitions, such as the acquisition of the engineering division from Carr's Group and TYR Tactical, have positively impacted its reputation. Securing a major contract with the United States Department of War for the Blast Exposure Monitoring (BEMO) Program enhances its standing as a trusted provider to federal agencies. Consistent financial performance, including a record year in 2024 and strong Q1 2025 results, indicates strong operational execution and demand for its products. No significant negative events impacting Cadre Holdings, Inc.'s brand reputation in the past year were found.

Institutions hold 65.48% of shares outstanding, totaling 27.32 million shares, with major institutional shareholders including Fmr LLC, Greenhouse Funds LLLP, BlackRock, Inc., Capital International Investors, Reinhart Partners LLC, Vanguard Group Inc, State Street Corp, and Wynnefield Capital Inc. Individuals and insiders hold 27.83% of shares outstanding, amounting to 11.61 million shares. Warren B. Kanders, the CEO and Chairman, is the largest individual shareholder, owning 27.31 million shares, representing 67.17% of the company. Maui Holdings LLC is also a significant insider owner.