CoreCivic Reports Third Quarter 2026 Financial Results and Facility Sale

CoreCivic reported third-quarter 2026 revenue of $744.09 million and diluted EPS of $14.49, with net income boosted by a $1.77 billion gain on selling four detention facilities to the Department of Homeland Security for about $2.21 billion in gross proceeds. The company will continue managing the facilities under existing ICE contracts, while residential segment revenue rose 15.2%. CoreCivic said it used sale proceeds to repay debt and launch a new $500 million share repurchase program.