CoreCivic: The Government Buys The Buildings And Keeps The Operator
The article says CoreCivic monetized facilities at $307,000 per bed and used the proceeds to reduce debt and repurchase shares. It also reports Q2 2026 revenue growth of 27.3% year over year, driven by ICE contracts and facility reopenings, while one-off costs temporarily affected operating margin.
Why it matters — The reported asset monetization, balance-sheet actions, and revenue growth are relevant to watchers assessing CoreCivic’s operations and financial position.