Record ICE Detention Populations
The ICE detention populations reached 57,861 by the end of June 2025, the highest ever recorded, marking a 28% increase from the end of 2024.
Significant Revenue Growth
Total revenue increased by 9.8% from Q2 2024 to Q2 2025. Adjusted EBITDA rose to $103.3 million, up 23.2% from the prior year.
Share Repurchase Program
CoreCivic repurchased 2 million shares at a cost of $43.2 million in Q2, increasing year-to-date repurchases to 3.9 million shares.
Farmville Detention Center Acquisition
Completed the acquisition of the Farmville Detention Center for $67 million, expected to add substantial value to shareholders.
Updated 2025 Financial Guidance
Adjusted EPS guidance increased to $1.07-$1.14 from $0.83-$0.92. Adjusted EBITDA guidance was raised to $365-$371 million from $331-$335 million.