Cadre Holdings (CDRE) Operating Expenses (2020 - 2025)
Cadre Holdings posted quarterly Operating Expenses of $48.0 million for Q3 2025, up 38.63% year-on-year from $34.6 million in Q3 2024, and down 3.25% on a QoQ basis from $49.6 million in Q2 2025.
Cadre Holdings (CDRE) has 6 years of Operating Expenses data on file, last reported at $48.0 million in Q3 2025.
- For the quarter ending Q3 2025, Operating Expenses rose 38.63% year-over-year to $48.0 million; the trailing twelve-month figure through Dec 2025 stood at $140.1 million (down 15.97% YoY), and the FY2024 full-year result was $166.7 million, up 15.61% from the prior year.
- Operating Expenses for Q3 2025 stood at $48.0 million, down from $49.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $54.7 million in Q1 2022 and bottomed at $27.8 million in Q3 2021.
- The 5-year median for Operating Expenses is $35.8 million (2022), against an average of $38.4 million.
- The widest annual swing landed in 2022, when Operating Expenses soared 91.66%; it then tumbled 35.25% in 2023.
- A 5-year view of Operating Expenses shows it stood at $29.9 million in 2021, then climbed by 19.85% to $35.8 million in 2022, then climbed by 3.56% to $37.1 million in 2023, then increased by 28.86% to $47.8 million in 2024, then grew by 0.35% to $48.0 million in 2025.
- The last three Operating Expenses figures came in at $48.0 million (Q3 2025), $49.6 million (Q2 2025), and $42.6 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 316.77 Bn | 306.03 Bn | 9.11 Bn | 10.18 Bn |
| 2 | Rtx | 238.61 Bn | 233.51 Bn | 9.08 Bn | 19.59 Bn |
| 3 | Boeing | 172.59 Bn | 151.68 Bn | 2.55 Bn | 2.10 Bn |
| 4 | Lockheed Martin | 122.59 Bn | 120.70 Bn | 2.08 Bn | - |
| 5 | Howmet Aerospace | 102.88 Bn | 100.44 Bn | 854.00 Mn | 120.00 Mn |
| 6 | General Dynamics | 92.64 Bn | 88.99 Bn | 9.09 Bn | 12.06 Bn |
| 7 | Rocket Lab | 82.19 Bn | 80.92 Bn | 76.49 Mn | 132.46 Mn |
| 8 | Northrop Grumman | 78.95 Bn | 76.86 Bn | 3.45 Bn | 8.89 Bn |
| 9 | TransDigm | 70.63 Bn | 66.75 Bn | 1.51 Bn | 273.00 Mn |
| 10 | Cadre Holdings | 1.28 Bn | 1.15 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 47.95 Mn |
| Jun 30, 2025 | 49.56 Mn |
| Mar 31, 2025 | 42.58 Mn |
| Dec 31, 2024 | 47.78 Mn |
| Sep 30, 2024 | 34.59 Mn |
| Jun 30, 2024 | 38.70 Mn |
| Mar 31, 2024 | 45.65 Mn |
| Dec 31, 2023 | 37.08 Mn |
| Sep 30, 2023 | 36.87 Mn |
| Jun 30, 2023 | 34.86 Mn |
| Mar 31, 2023 | 35.40 Mn |
| Dec 31, 2022 | 35.81 Mn |
| Sep 30, 2022 | 33.42 Mn |
| Jun 30, 2022 | 35.06 Mn |
| Mar 31, 2022 | 54.67 Mn |
| Dec 31, 2021 | 29.88 Mn |
| Sep 30, 2021 | 27.77 Mn |
| Jun 30, 2021 | 32.81 Mn |
| Mar 31, 2021 | 28.53 Mn |
| Dec 31, 2020 | 30.50 Mn |
| Sep 30, 2020 | 27.24 Mn |