CoreCivic, Inc. Q2 2025 Earnings Recap

CoreCivic reported strong second quarter 2025 results, with total revenue up 9.8% year-over-year and robust growth in adjusted EBITDA, driven by increased demand from federal detention populations.

Key Takeaways

• Adjusted EBITDA increased to $103.3 million, reflecting a 23.2% growth from the prior year.
• Successful repurchase of 3.9 million shares year-to-date, totaling $81 million, demonstrating commitment to returning value to shareholders.
• The company secured an acquisition of the Farmville Detention Center for $67 million, enhancing its portfolio with expected accretive earnings.
• Positive outlook with revised full-year 2025 guidance, bolstered by federal funding initiatives and increased occupancy projections.