Cadre Holdings (CDRE) Operating Expenses (2020 - 2025)
Cadre Holdings (CDRE) posted Operating Expenses of $48.0 million for Q3 2025, down 3.25% on a QoQ basis from $49.6 million in Q2 2025, and up 38.63% year-over-year from $34.6 million in Q3 2024.
Cadre Holdings (CDRE) Operating Expenses (2020 - 2025) Analysis & Trends
Cadre Holdings' Operating Expenses history runs 6 years deep, the most recent figure standing at $48.0 million for Q3 2025.
- Quarterly Operating Expenses rose 38.63% year-over-year to $48.0 million in Q3 2025, while the trailing twelve-month figure through Dec 2025 was $140.1 million (down 15.97% YoY) and the FY2024 annual result came in at $166.7 million, up 15.61% from the prior year.
- Operating Expenses was $48.0 million for Q3 2025 at Cadre Holdings, 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.
- A 5-year average of $38.4 million and a median of $35.8 million in 2022 frame the typical range for Operating Expenses.
- Annual changes were most pronounced in 2022 — Operating Expenses soared 91.66% — and 2023, when it plunged 35.25%.
- Cadre Holdings' Operating Expenses stood at $29.9 million in 2021, then grew by 19.85% to $35.8 million in 2022, then grew by 3.56% to $37.1 million in 2023, then rose by 28.86% to $47.8 million in 2024, then increased by 0.35% to $48.0 million in 2025.
- Business Quant data shows CDRE's Operating Expenses at $48.0 million in Q3 2025, $49.6 million in Q2 2025, and $42.6 million in Q1 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | General Electric | 371.35 Bn | 362.01 Bn | -3.10 Bn | 10.86 Bn |
| 2 | Rtx | 294.48 Bn | 286.17 Bn | 9.91 Bn | 21.96 Bn |
| 3 | Boeing | 167.04 Bn | 146.13 Bn | 2.55 Bn | 2.10 Bn |
| 4 | Lockheed Martin | 133.85 Bn | 130.06 Bn | 2.45 Bn | - |
| 5 | Howmet Aerospace | 113.40 Bn | 110.97 Bn | 854.00 Mn | 27.00 Mn |
| 6 | General Dynamics | 105.19 Bn | 101.49 Bn | 9.09 Bn | 12.06 Bn |
| 7 | Northrop Grumman | 77.90 Bn | 75.59 Bn | 3.72 Bn | 9.78 Bn |
| 8 | TransDigm | 74.28 Bn | 70.40 Bn | 1.51 Bn | 273.00 Mn |
| 9 | L3Harris Technologies | 56.76 Bn | 56.17 Bn | 1.40 Bn | 750.00 Mn |
| 10 | Cadre Holdings | 1.32 Bn | 1.20 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 |