Cadre Holdings, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | $610.3M | $567.6M | $482.5M | $457.8M | $427.3M | $404.6M |
| Cost of Revenue | $350.7M | $334.1M | $281.8M | $282.2M | $256.6M | $251.7M |
| Gross Profit | $259.6M | $233.5M | $200.7M | $175.7M | $170.7M | $152.9M |
| Gross Margin | 42.5% | 41.1% | 41.6% | 38.4% | 39.9% | 37.8% |
| Operating Expenses | ||||||
| Research & Development | $11.4M | $8.4M | $7.0M | $7.1M | $6.5M | $5.6M |
| SG&A Expense | $183.1M | $158.3M | $140.5M | $153.1M | $115.0M | $106.6M |
| Operating Income | $67.4M | $66.8M | $56.5M | $16.7M | $51.7M | $49.8M |
| Operating Margin | 11.0% | 11.8% | 11.7% | 3.7% | 12.1% | 12.3% |
| Interest Expense | — | — | $4.5M | $6.2M | $16.4M | $24.4M |
| Pretax Income | $62.3M | $54.2M | $52.9M | $9.4M | $19.2M | $27.9M |
| Income Tax Expense | $18.2M | $18.1M | $14.3M | $3.6M | $6.5M | $-10.6M |
| Net Income | $44.1M | $36.1M | $38.6M | $5.8M | $12.7M | $38.5M |
| Net Margin | 7.2% | 6.4% | 8.0% | 1.3% | 3.0% | 9.5% |
| EPS (Basic) | $1.08 | $0.90 | $1.03 | $0.16 | $0.44 | $1.40 |
| EPS (Diluted) | $1.02 | $0.90 | $1.02 | $0.16 | $0.44 | $1.40 |
| Shares Outstanding (Basic) | 40.9M | 39.9M | 37.5M | 36.1M | 28.6M | 27.5M |
| Shares Outstanding (Diluted) | 43.4M | 40.3M | 37.9M | 36.1M | 28.6M | 27.5M |
| Dividends Per Share | $0.10 | $0.09 | $0.08 | $0.08 | — | — |