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
DateValue
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