)
The GEO Group (GEO) investor relations material
The GEO Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record new or expanded contracts in 2025, representing up to $520 million in incremental annualized revenues, the largest in company history.
FY 2025 revenue reached $2.63 billion, up from $2.42 billion in FY 2024, with Q4 2025 revenue at $707.7 million, a 16% increase year-over-year.
Net income attributable to operations for FY 2025 was $254.4 million, up sharply from $32.0 million in FY 2024; Q4 2025 net income was $31.8 million.
Major asset divestitures and acquisitions, including the $312 million sale of Lawton Correctional Facility and $60 million purchase of Western Region Detention Facility, impacted results.
Expanded ICE detainee capacity by 6,000 beds and reactivated the Adelanto ICE Processing Center.
Financial highlights
Q4 2025 net income: $32 million ($0.23/diluted share) on $708 million revenue, up from $15.5 million ($0.11/share) on $608 million revenue in Q4 2024.
Q4 2025 adjusted net income: $35 million ($0.25/share), up from $18 million ($0.13/share) in Q4 2024.
Full year 2025 adjusted net income: $120 million ($0.86/share), up from $101 million ($0.75/share) in 2024.
Full year 2025 adjusted EBITDA: $464 million, in line with $463 million in 2024.
Repurchased 4.94 million shares in 2025 for $90.6 million.
Outlook and guidance
2026 GAAP net income expected at $0.99–$1.07/share on $2.9–$3.1 billion revenue; adjusted EBITDA $490–$510 million.
Q1 2026 net income guidance: $0.17–$0.19/share on $680–$690 million revenue; adjusted EBITDA $107–$112 million.
Guidance reflects margin compression from start-up expenses and gradual contract activations, with normalization expected in the second half of 2026.
Capital expenditures for 2026 projected at $120–$155 million.
Next The GEO Group earnings date
Next The GEO Group earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)