Filing Flows › CoreCivic (CXW) › Q1 2026
CoreCivic (CXW) Q1 2026 earnings results (first quarter 2026)
10-Q filed May 7, 2026
CoreCivic (CXW) reported revenue of $615M for the first quarter 2026 (Q1 2026), +26% from a year earlier and +2% from the quarter before. Operating margin was 11.4%, net earnings $37.9M (6.2% of revenue).
CoreCivic, Q1 2026: revenue $615M (+26% year over year), operating margin 11.4%, net earnings $37.9M, operating cash flow $13.8M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $615M | +2% | +26% |
| Operating profit | $70.0M | +26% | +48% |
| Net earnings | $37.9M | +43% | +51% |
| Operating cash flow | $13.8M | — | -69% |
What changed
Revenue was $614.7M in Q1 2026, up 26% year over year and up 2% from the previous quarter.
Operating profit was $70.0M, a 11.4% margin (up 1.7 points year over year). Of the extra revenue versus Q1 2025, 18% reached operating profit, above the 10% margin then. Total costs grew 23% against revenue growth of 26%. The fastest-growing cost line was Other operating costs (+24%). Net earnings were $37.9M, up 51% year over year. The effective tax rate was 27.5%.
Operating cash flow was $13.8M (down 69% year over year), 36% of net earnings. Non-cash charges added back $33.3M of depreciation and amortization and $6.5M of share-based compensation. Working capital and other items used $64.0M. Capital expenditures of $20.7M exceeded it, leaving free cash flow of −$6.9M.
Questions
What was CoreCivic's revenue in the first quarter 2026?
CoreCivic (CXW) reported revenue of $615M for the first quarter 2026 (Q1 2026), +26% from a year earlier and +2% from the quarter before.
Was CoreCivic profitable in the first quarter 2026?
Operating profit was $70.0M (11.4% of revenue) and net earnings $37.9M.
Source: CoreCivic 10-Q on SEC EDGAR.