On CoreCivic’s second quarterly earnings call, the private prison company’s CEO told participants that they’re in an “unprecedented environment” due to the Trump administration’s mass deportation campaign.

“Our business is perfectly aligned with the demands of this moment,” said CoreCivic CEO Damon T. Hininger. “We are in an unprecedented environment with rapid increases in federal detention populations nationwide and a continuing need for solutions.”

Trump’s anti-immigrant agenda has given the private prison industry much to celebrate. During the second quarter of 2025, CoreCivic’s revenue from its contracts with ICE rose about 17 percent from last year’s second quarter, from $151 million to over $176 million. The company’s net income for the second quarter was over $38 million, an

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