Filing Flows › CoreCivic (CXW) › Q1 2025
CoreCivic (CXW) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
CoreCivic (CXW) reported revenue of $489M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +2% from the quarter before. Operating margin was 9.7%, net earnings $25.1M (5.1% of revenue).
CoreCivic, Q1 2025: revenue $489M (-2% year over year), operating margin 9.7%, net earnings $25.1M, operating cash flow $44.5M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $489M | +2% | -2% |
| Operating profit | $47.4M | +24% | -13% |
| Net earnings | $25.1M | +30% | +163% |
| Operating cash flow | $44.5M | +13% | -37% |
| Free cash flow | $19.4M | +21% | -67% |
What changed
Revenue was $488.6M in Q1 2025, down 2% year over year and up 2% from the previous quarter.
Operating profit was $47.4M, a 9.7% margin (down 1.2 points year over year). Total costs fell 1% while revenue fell 2%. Net earnings were $25.1M, up 163% year over year. The effective tax rate was 21.7%.
Operating cash flow was $44.5M (down 37% year over year), 177% of net earnings. Non-cash charges added back $30.5M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items used $17.7M. Capital expenditures of $25.1M left free cash flow of $19.4M.
Questions
What was CoreCivic's revenue in the first quarter 2025?
CoreCivic (CXW) reported revenue of $489M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +2% from the quarter before.
Was CoreCivic profitable in the first quarter 2025?
Operating profit was $47.4M (9.7% of revenue) and net earnings $25.1M.
Source: CoreCivic 10-Q on SEC EDGAR.