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Side-by-side financial comparison of CoreCivic, Inc. (CXW) and VNET Group, Inc. (VNET). Click either name above to swap in a different company.

CoreCivic, Inc. is the larger business by last-quarter revenue ($604.0M vs $362.7M, roughly 1.7× VNET Group, Inc.). CoreCivic, Inc. runs the higher net margin — 4.4% vs -10.7%, a 15.1% gap on every dollar of revenue. CoreCivic, Inc. produced more free cash flow last quarter ($-45.1M vs $-193.1M). Over the past eight quarters, VNET Group, Inc.'s revenue compounded faster (17.4% CAGR vs 9.8%).

CoreCivic, Inc. is an American private prison operator and one of the largest for-profit prison, jail and detention contractors in the United States. It has been the target of divestment campaigns, FBI investigations and lawsuits alleging civil rights violations and forced labor at some of its owned or operated 70 state and federal correctional and detention facilities in the U.S.

VNET Group, Inc. is a leading neutral internet data center service provider operating primarily in China. It offers cloud computing infrastructure, colocation services, managed network solutions, and hybrid cloud support to enterprise clients across technology, finance, and retail sectors, enabling stable, high-performance digital operation foundations for domestic and global businesses expanding in the Chinese market.

CXW vs VNET — Head-to-Head

Bigger by revenue
CXW
CXW
1.7× larger
CXW
$604.0M
$362.7M
VNET
Higher net margin
CXW
CXW
15.1% more per $
CXW
4.4%
-10.7%
VNET
More free cash flow
CXW
CXW
$148.0M more FCF
CXW
$-45.1M
$-193.1M
VNET
Faster 2-yr revenue CAGR
VNET
VNET
Annualised
VNET
17.4%
9.8%
CXW

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
CXW
CXW
VNET
VNET
Revenue
$604.0M
$362.7M
Net Profit
$26.5M
$-38.7M
Gross Margin
20.9%
Operating Margin
6.0%
0.5%
Net Margin
4.4%
-10.7%
Revenue YoY
26.0%
Net Profit YoY
37.7%
EPS (diluted)
$0.26

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CXW
CXW
VNET
VNET
Q4 25
$604.0M
Q3 25
$580.4M
$362.7M
Q2 25
$538.2M
Q1 25
$488.6M
$309.5M
Q4 24
$479.3M
Q3 24
$491.6M
$302.2M
Q2 24
$490.1M
$274.4M
Q1 24
$500.7M
$262.9M
Net Profit
CXW
CXW
VNET
VNET
Q4 25
$26.5M
Q3 25
$26.3M
$-38.7M
Q2 25
$38.5M
Q1 25
$25.1M
$-2.4M
Q4 24
$19.3M
Q3 24
$21.1M
$-2.1M
Q2 24
$19.0M
$-1.1M
Q1 24
$9.5M
$-22.0M
Gross Margin
CXW
CXW
VNET
VNET
Q4 25
Q3 25
20.9%
Q2 25
Q1 25
25.2%
Q4 24
Q3 24
23.2%
Q2 24
21.3%
Q1 24
21.6%
Operating Margin
CXW
CXW
VNET
VNET
Q4 25
6.0%
Q3 25
6.3%
0.5%
Q2 25
9.7%
Q1 25
6.6%
0.1%
Q4 24
5.2%
Q3 24
6.1%
24.5%
Q2 24
5.6%
0.2%
Q1 24
1.8%
0.2%
Net Margin
CXW
CXW
VNET
VNET
Q4 25
4.4%
Q3 25
4.5%
-10.7%
Q2 25
7.2%
Q1 25
5.1%
-0.8%
Q4 24
4.0%
Q3 24
4.3%
-0.7%
Q2 24
3.9%
-0.4%
Q1 24
1.9%
-8.4%
EPS (diluted)
CXW
CXW
VNET
VNET
Q4 25
$0.26
Q3 25
$0.24
Q2 25
$0.35
Q1 25
$0.23
Q4 24
$0.18
Q3 24
$0.19
Q2 24
$0.17
Q1 24
$0.08

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CXW
CXW
VNET
VNET
Cash + ST InvestmentsLiquidity on hand
$97.9M
$492.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$890.8M
Total Assets
$3.3B
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CXW
CXW
VNET
VNET
Q4 25
$97.9M
Q3 25
$56.6M
$492.1M
Q2 25
$130.5M
Q1 25
$74.5M
$544.3M
Q4 24
$107.5M
Q3 24
$107.8M
$219.5M
Q2 24
$60.2M
$247.2M
Q1 24
$111.4M
$246.9M
Total Debt
CXW
CXW
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
$1.2B
Q2 24
Q1 24
Stockholders' Equity
CXW
CXW
VNET
VNET
Q4 25
$1.4B
Q3 25
$1.5B
$890.8M
Q2 25
$1.5B
Q1 25
$1.5B
$927.8M
Q4 24
$1.5B
Q3 24
$1.5B
$902.9M
Q2 24
$1.4B
$900.6M
Q1 24
$1.4B
$895.1M
Total Assets
CXW
CXW
VNET
VNET
Q4 25
$3.3B
Q3 25
$3.1B
$6.1B
Q2 25
$3.1B
Q1 25
$3.0B
$5.4B
Q4 24
$2.9B
Q3 24
$2.9B
$4.3B
Q2 24
$2.9B
$4.0B
Q1 24
$3.0B
$3.9B
Debt / Equity
CXW
CXW
VNET
VNET
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
1.28×
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CXW
CXW
VNET
VNET
Operating Cash FlowLast quarter
$-376.0K
$113.8M
Free Cash FlowOCF − Capex
$-45.1M
$-193.1M
FCF MarginFCF / Revenue
-7.5%
-53.2%
Capex IntensityCapex / Revenue
7.4%
84.6%
Cash ConversionOCF / Net Profit
-0.01×
TTM Free Cash FlowTrailing 4 quarters
$52.8M
$-589.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CXW
CXW
VNET
VNET
Q4 25
$-376.0K
Q3 25
$53.8M
$113.8M
Q2 25
$96.7M
Q1 25
$44.5M
$27.0M
Q4 24
$39.3M
Q3 24
$91.5M
$108.3M
Q2 24
$68.1M
$55.8M
Q1 24
$70.4M
$37.1M
Free Cash Flow
CXW
CXW
VNET
VNET
Q4 25
$-45.1M
Q3 25
$16.1M
$-193.1M
Q2 25
$61.9M
Q1 25
$20.0M
$-220.0M
Q4 24
$16.0M
Q3 24
$73.7M
$-95.0M
Q2 24
$49.3M
$-81.6M
Q1 24
$59.7M
$-102.2M
FCF Margin
CXW
CXW
VNET
VNET
Q4 25
-7.5%
Q3 25
2.8%
-53.2%
Q2 25
11.5%
Q1 25
4.1%
-71.1%
Q4 24
3.3%
Q3 24
15.0%
-31.4%
Q2 24
10.1%
-29.8%
Q1 24
11.9%
-38.9%
Capex Intensity
CXW
CXW
VNET
VNET
Q4 25
7.4%
Q3 25
6.5%
84.6%
Q2 25
6.5%
Q1 25
5.0%
79.8%
Q4 24
4.9%
Q3 24
3.6%
67.3%
Q2 24
3.8%
50.1%
Q1 24
2.1%
53.0%
Cash Conversion
CXW
CXW
VNET
VNET
Q4 25
-0.01×
Q3 25
2.04×
Q2 25
2.51×
Q1 25
1.77×
Q4 24
2.04×
Q3 24
4.34×
Q2 24
3.59×
Q1 24
7.37×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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