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Side-by-side financial comparison of Cadre Holdings, Inc. (CDRE) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.

RADIANT LOGISTICS, INC is the larger business by last-quarter revenue ($232.1M vs $167.2M, roughly 1.4× Cadre Holdings, Inc.). Cadre Holdings, Inc. runs the higher net margin — 7.0% vs 2.3%, a 4.7% gap on every dollar of revenue. On growth, Cadre Holdings, Inc. posted the faster year-over-year revenue change (-5.0% vs -12.3%). Cadre Holdings, Inc. produced more free cash flow last quarter ($18.0M vs $11.6M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% CAGR vs 10.1%).

RealCadre LLC, commonly Cadre, is an American financial technology company that provides individuals and institutions direct access to real estate investment properties, including commercial properties based in New York. The business and financial press describe it as a platform that "makes the real estate market more like the stock market" by allowing investors to select the individual transactions in which they participate, while investing a smaller amount than would be required to fully fu...

Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.

CDRE vs RLGT — Head-to-Head

Bigger by revenue
RLGT
RLGT
1.4× larger
RLGT
$232.1M
$167.2M
CDRE
Growing faster (revenue YoY)
CDRE
CDRE
+7.3% gap
CDRE
-5.0%
-12.3%
RLGT
Higher net margin
CDRE
CDRE
4.7% more per $
CDRE
7.0%
2.3%
RLGT
More free cash flow
CDRE
CDRE
$6.3M more FCF
CDRE
$18.0M
$11.6M
RLGT
Faster 2-yr revenue CAGR
RLGT
RLGT
Annualised
RLGT
12.1%
10.1%
CDRE

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
CDRE
CDRE
RLGT
RLGT
Revenue
$167.2M
$232.1M
Net Profit
$11.7M
$5.3M
Gross Margin
43.4%
Operating Margin
12.2%
3.2%
Net Margin
7.0%
2.3%
Revenue YoY
-5.0%
-12.3%
Net Profit YoY
-9.6%
-18.0%
EPS (diluted)
$0.22
$0.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CDRE
CDRE
RLGT
RLGT
Q4 25
$167.2M
$232.1M
Q3 25
$155.9M
$226.7M
Q2 25
$157.1M
$220.6M
Q1 25
$130.1M
$214.0M
Q4 24
$176.0M
$264.5M
Q3 24
$109.4M
$203.6M
Q2 24
$144.3M
$206.0M
Q1 24
$137.9M
$184.6M
Net Profit
CDRE
CDRE
RLGT
RLGT
Q4 25
$11.7M
$5.3M
Q3 25
$10.9M
$1.3M
Q2 25
$12.2M
$4.9M
Q1 25
$9.2M
$2.5M
Q4 24
$13.0M
$6.5M
Q3 24
$3.7M
$3.4M
Q2 24
$12.6M
$4.8M
Q1 24
$6.9M
$-703.0K
Gross Margin
CDRE
CDRE
RLGT
RLGT
Q4 25
43.4%
Q3 25
42.7%
Q2 25
40.9%
Q1 25
43.1%
Q4 24
43.9%
Q3 24
36.6%
Q2 24
40.6%
Q1 24
41.8%
Operating Margin
CDRE
CDRE
RLGT
RLGT
Q4 25
12.2%
3.2%
Q3 25
12.0%
0.9%
Q2 25
9.3%
2.4%
Q1 25
10.4%
1.6%
Q4 24
16.7%
3.3%
Q3 24
5.0%
1.9%
Q2 24
13.8%
2.4%
Q1 24
8.7%
-0.5%
Net Margin
CDRE
CDRE
RLGT
RLGT
Q4 25
7.0%
2.3%
Q3 25
7.0%
0.6%
Q2 25
7.8%
2.2%
Q1 25
7.1%
1.2%
Q4 24
7.4%
2.4%
Q3 24
3.3%
1.7%
Q2 24
8.7%
2.3%
Q1 24
5.0%
-0.4%
EPS (diluted)
CDRE
CDRE
RLGT
RLGT
Q4 25
$0.22
$0.11
Q3 25
$0.27
$0.03
Q2 25
$0.30
$0.10
Q1 25
$0.23
$0.05
Q4 24
$0.32
$0.13
Q3 24
$0.09
$0.07
Q2 24
$0.31
$0.11
Q1 24
$0.18
$-0.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CDRE
CDRE
RLGT
RLGT
Cash + ST InvestmentsLiquidity on hand
$122.9M
$31.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$317.8M
$229.8M
Total Assets
$770.0M
$439.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CDRE
CDRE
RLGT
RLGT
Q4 25
$122.9M
$31.9M
Q3 25
$150.9M
$28.1M
Q2 25
$137.5M
$22.9M
Q1 25
$133.4M
$19.0M
Q4 24
$124.9M
$19.9M
Q3 24
$93.0M
$10.4M
Q2 24
$105.9M
$24.9M
Q1 24
$87.1M
$31.2M
Stockholders' Equity
CDRE
CDRE
RLGT
RLGT
Q4 25
$317.8M
$229.8M
Q3 25
$340.4M
$225.7M
Q2 25
$332.5M
$226.0M
Q1 25
$317.6M
$218.2M
Q4 24
$311.5M
$214.4M
Q3 24
$300.3M
$212.4M
Q2 24
$299.4M
$209.4M
Q1 24
$270.7M
$206.0M
Total Assets
CDRE
CDRE
RLGT
RLGT
Q4 25
$770.0M
$439.4M
Q3 25
$792.1M
$445.3M
Q2 25
$794.4M
$426.8M
Q1 25
$656.3M
$414.5M
Q4 24
$652.7M
$386.8M
Q3 24
$616.6M
$375.3M
Q2 24
$620.6M
$371.2M
Q1 24
$599.4M
$364.0M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CDRE
CDRE
RLGT
RLGT
Operating Cash FlowLast quarter
$21.3M
$12.4M
Free Cash FlowOCF − Capex
$18.0M
$11.6M
FCF MarginFCF / Revenue
10.7%
5.0%
Capex IntensityCapex / Revenue
2.0%
0.3%
Cash ConversionOCF / Net Profit
1.81×
2.33×
TTM Free Cash FlowTrailing 4 quarters
$56.8M
$8.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CDRE
CDRE
RLGT
RLGT
Q4 25
$21.3M
$12.4M
Q3 25
$22.5M
$2.5M
Q2 25
$2.6M
$3.1M
Q1 25
$17.4M
$-5.7M
Q4 24
$23.7M
$15.7M
Q3 24
$-5.2M
$205.0K
Q2 24
$11.1M
$1.3M
Q1 24
$2.1M
$3.9M
Free Cash Flow
CDRE
CDRE
RLGT
RLGT
Q4 25
$18.0M
$11.6M
Q3 25
$21.6M
$977.0K
Q2 25
$1.2M
$2.2M
Q1 25
$16.1M
$-6.4M
Q4 24
$22.4M
$14.1M
Q3 24
$-6.2M
$-1.9M
Q2 24
$9.1M
$-185.0K
Q1 24
$794.0K
$1.8M
FCF Margin
CDRE
CDRE
RLGT
RLGT
Q4 25
10.7%
5.0%
Q3 25
13.9%
0.4%
Q2 25
0.7%
1.0%
Q1 25
12.4%
-3.0%
Q4 24
12.7%
5.3%
Q3 24
-5.7%
-0.9%
Q2 24
6.3%
-0.1%
Q1 24
0.6%
1.0%
Capex Intensity
CDRE
CDRE
RLGT
RLGT
Q4 25
2.0%
0.3%
Q3 25
0.5%
0.7%
Q2 25
0.9%
0.4%
Q1 25
1.0%
0.3%
Q4 24
0.7%
0.6%
Q3 24
0.9%
1.0%
Q2 24
1.4%
0.7%
Q1 24
1.0%
1.2%
Cash Conversion
CDRE
CDRE
RLGT
RLGT
Q4 25
1.81×
2.33×
Q3 25
2.05×
1.90×
Q2 25
0.21×
0.63×
Q1 25
1.88×
-2.26×
Q4 24
1.83×
2.43×
Q3 24
-1.43×
0.06×
Q2 24
0.89×
0.26×
Q1 24
0.31×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

CDRE
CDRE

U.s.state And Local Agencies$72.7M43%
Other$48.6M29%
U.s.Federal Agencies$31.6M19%
Commercial$12.0M7%

RLGT
RLGT

Transferred Over Time$201.2M87%
Other$25.0M11%
Value Added Services$4.2M2%
Transferred At Point In Time$1.8M1%

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