CoreCivic has seen a substantial increase in revenue over the past six months, driven by a steady rise in new federal government contracts signed as part of President Donald Trump’s immigration enforcement policies.

The Brentwood, Tennessee-based private prison operator announced its quarterly earnings Wednesday , telling investors that its revenue was up 18% compared to the same period in 2024, when Trump wasn’t in power and the federal government appeared to be cutting ties with the privately-owned prison industry.

“We expect detainee populations to continue to grow as [U.S. Immigration and Customs Enforcement (ICE)] implements its interior enforcement plan, contributing to a strong 2025,” said CoreCivic CEO Damon Hininger, in a news release.

CoreCivic was one of a handful of privat

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