Filing Flows › CoreCivic (CXW) › Q3 2025
CoreCivic (CXW) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 6, 2025
CoreCivic (CXW) reported revenue of $580M for the third quarter 2025 (Q3 2025), +18% from a year earlier and +8% from the quarter before. Operating margin was 8.7%, net earnings $26.3M (4.5% of revenue).
CoreCivic, Q3 2025: revenue $580M (+18% year over year), operating margin 8.7%, net earnings $26.3M, operating cash flow $53.8M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $580M | +8% | +18% |
| Operating profit | $50.7M | -22% | +15% |
| Net earnings | $26.3M | -32% | +25% |
| Operating cash flow | $53.8M | -44% | -41% |
| Free cash flow | $16.1M | -74% | -78% |
What changed
Revenue was $580.4M in Q3 2025, up 18% year over year and up 8% from the previous quarter.
Operating profit was $50.7M, a 8.7% margin (down 0.3 points year over year). Of the extra revenue versus a year earlier, 7% reached operating profit, below the 9% margin then. Total costs grew 18% against revenue growth of 18%. The fastest-growing cost line was Other operating costs (+19%). Net earnings were $26.3M, up 25% year over year. The effective tax rate was 28.0%.
Operating cash flow was $53.8M (down 41% year over year), 204% of net earnings. Non-cash charges added back $33.4M of depreciation and amortization and $7.1M of share-based compensation. Working capital and other items used $13.0M. Capital expenditures of $37.7M left free cash flow of $16.1M.
Questions
What was CoreCivic's revenue in the third quarter 2025?
CoreCivic (CXW) reported revenue of $580M for the third quarter 2025 (Q3 2025), +18% from a year earlier and +8% from the quarter before.
Was CoreCivic profitable in the third quarter 2025?
Operating profit was $50.7M (8.7% of revenue) and net earnings $26.3M.
Source: CoreCivic 10-Q on SEC EDGAR.