CoreCivic Reports Q1 2026 Earnings and Operational Updates
CoreCivic reported a 2.6-point increase in total occupancy to 79.6% in Q1 2026, driven by higher demand, new contracts, and the FarmVille acquisition. Federal revenue, primarily from ICE, rose 96.2%, while U.S. Marshals Service revenue declined. The activation of five idle facilities and the opening of the Midwest Regional Reception Center are expected to contribute to future earnings.
Topics: detainee_population facility_updates occupancy revenue