Cadre Holdings Posts Strong Q1 with $155.4M Revenue, Record $355M Backlog
Summary
Cadre Holdings reported robust first-quarter 2026 results, achieving $155.4 million in net sales, $21.1 million in Adjusted EBITDA, and a record orders backlog of $355 million. This comprehensive report follows an earlier news item indicating Q1 sales narrowly surpassed analyst estimates and full-year guidance was reaffirmed. The significant increase in backlog, driven by new contract awards and recent acquisitions, provides a strong positive indicator for future revenue growth and demand for the company's specialized equipment. Traders will closely monitor the company's execution on these contracts and the integration of its recent acquisitions, TYR Tactical and Alien Gear Holsters, as key catalysts.
At the time of this announcement, CDRE was trading at $32.65 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $27.32 to $48.76. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: Wiseek News.