Filing Flows › CoreCivic (CXW) › Q3 2026
CoreCivic (CXW) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
CoreCivic (CXW) reported revenue of $744M for the third quarter 2026 (Q3 2026), +28% from a year earlier and +9% from the quarter before. Operating margin was 9.0%, net earnings $1.3B (180.6% of revenue).
CoreCivic, Q3 2026: revenue $744M (+28% year over year), operating margin 9.0%, net earnings $1.3B, operating cash flow −$413M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $744M | +9% | +28% |
| Operating profit | $66.8M | -3% | +32% |
| Net earnings | $1.3B | 36× | 51× |
| Operating cash flow | −$413M | -411% | -869% |
What changed
Revenue was $744.1M in Q3 2026, up 28% year over year and up 9% from the previous quarter.
Operating profit was $66.8M, a 9.0% margin (up 0.2 points year over year). Of the extra revenue versus Q3 2025, 10% reached operating profit, above the 9% margin then. Total costs grew 28% against revenue growth of 28%. The fastest-growing cost line was Other operating costs (+28%). Net earnings were $1,344.1M, up 5009% year over year. The effective tax rate was 27.3%. Non-operating items added $1,782.6M, 96% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$413.4M. Non-cash charges added back $33.9M of depreciation and amortization and $9.3M of share-based compensation. Working capital and other items used $1,800.7M. Capital expenditures of $24.8M exceeded it, leaving free cash flow of −$438.2M.
Questions
What was CoreCivic's revenue in the third quarter 2026?
CoreCivic (CXW) reported revenue of $744M for the third quarter 2026 (Q3 2026), +28% from a year earlier and +9% from the quarter before.
Was CoreCivic profitable in the third quarter 2026?
Operating profit was $66.8M (9.0% of revenue) and net earnings $1.3B.
Source: CoreCivic 10-Q on SEC EDGAR.