Cadre's (NYSE:CDRE) Q3 2026: strong sales

What happened

Cadre reported third-quarter 2026 revenue of $202.9 million, up 30.2% from a year earlier and above analysts’ $190.8 million estimate. GAAP profit was $0.37 per share, also above estimates. Cadre raised its full-year revenue guidance midpoint to $762.5 million from $759 million.

Confirmed

Global impact / market context

Revenue and profit above estimates, alongside higher full-year sales guidance, suggest stronger near-term business performance than analysts expected. Higher operating margin may support earnings, but the lower free cash flow margin means less cash was generated from each dollar of sales than a year earlier.

Analyst inference

The report presents a mixed cash-generation picture: revenue grew and operating margin rose to 14% from 12%, while free cash flow margin fell to 9.8% from 13.9%. That contrast matters because cash available can constrain spending or other uses even when reported earnings improve.

Analyst inference

What to watch

1. Watch whether Cadre delivers revenue near its $762.5 million full-year guidance midpoint, which was raised from $759 million and is close to analysts’ consensus. Analyst inference
2. Track free cash flow margin in coming results: it fell to 9.8% from 13.9%, indicating less cash generated per dollar of revenue than a year earlier. Analyst inference
3. Compare future operating margin and adjusted EBITDA with this quarter’s 14% operating margin and $41.1 million adjusted EBITDA to see whether profitability gains persist. Analyst inference

Evidence

• stockstory.org