CoreCivic Inc. reported its fourth quarter (Q4) and full year (FY) 2025 financial results, posting strong growth driven by facility activations and higher occupancy. Total revenue for Q4 2025 reached USD 604.0 million, up 26%. For FY 2025, total revenue was USD 2.2 billion, up 13%. Net income for Q4 2025 was USD 26.5 million, up 38%, while net income for FY 2025 totaled USD 116.5 million, up 69%. Diluted earnings per share $(EPS)$ for Q4 2025 stood at USD 0.26, up 53%, and for FY 2025 at USD 1.08, up 74%. Adjusted EBITDA for Q4 2025 was USD 92.5 million, up 25%, and USD 365.6 million for FY 2025, up 11%. CoreCivic highlighted new contract awards at four of its previously idle facilities during the year and noted that several remaining idle facilities are positioned for potential re-activation. The company’s balance sheet ended the quarter with leverage, measured as net debt to Adjusted EBITDA, at 2.8x for the trailing twelve months. Management expects continued demand from government partners and projects another year of strong growth in 2026 as previously idle facilities receive additional populations.

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