CoreCivic Q2 FY26 net income slips 3.6% to $37.1 million; revenue rises 27.3% to $684.9 million

• CoreCivic posted Q2 net income of USD 37.1 million, down 3.6% from the prior-year quarter, while diluted EPS rose 5.7% to USD 0.37.
• Revenue climbed 27.3% to USD 684.9 million, driven by lower operating costs and slightly higher ICE populations.
• Adjusted EBITDA increased 5.9% to USD 109.4 million, as activations of previously idle facilities lifted results.
• Subsequent to quarter-end, it sold four detention facilities to the U.S. government for USD 2.2 billion, targeting about USD 1.6 billion net proceeds.
• The board expanded share repurchase authorization by USD 500 million to USD 1.2 billion, leaving USD 755.8 million available; 2026 net income guidance was raised to USD 1.5-1.52 billion.

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