Welcome to our dedicated page for Geo Group news (Ticker: GEO), a resource for investors and traders seeking the latest updates and insights on Geo Group stock.
The GEO Group, Inc. reports developments in contracted government support services for secure facilities, processing centers, community reentry centers, and electronic monitoring programs. Company news commonly covers quarterly results and guidance, new and expanded government contracts, credit-facility and share-repurchase related capital actions, and operating updates across U.S. Secure Services, Electronic Monitoring and Supervision Services, Reentry Services, and International Services.
GEO's updates also address management changes and service capabilities such as GEO Continuum of Care®, post-release support, secure transportation, community-based programs, correctional health and mental health care, and BI Incorporated skip tracing services for government customers.
The GEO Group (NYSE:GEO) reported strong second quarter 2026 results, with revenues of $732.1 million, up 15% year over year, and net income attributable to GEO Operations of $47.5 million, or $0.36 per diluted share, up 63%. Adjusted EBITDA rose 20% to $142.0 million, and first-half 2026 revenues reached $1.44 billion with net income of $85.8 million.
GEO updated full-year 2026 guidance to revenues of $2.95–$3.05 billion, net income attributable to GEO Operations of $168–$175 million (or $1.27–$1.32 per diluted share), and Adjusted EBITDA of $550–$560 million. The company also entered two five-year ICE contracts expected to generate a combined ~$165 million in annual revenues once fully ramped, ended Q2 with net leverage below 3x Adjusted EBITDA, and repurchased 1.6 million shares for $36.6 million.
The GEO Group (NYSE:GEO) entered a five-year support services contract with U.S. Immigration and Customs Enforcement to activate a federal immigration processing center at its 1,320-bed Rivers Facility in Winton, North Carolina. The contract is expected to generate approximately $80 million in annual revenues in the first full year of operations.
According to GEO, ICE will have exclusive use of the facility, and GEO will provide security, maintenance, food services, recreational amenities, medical care, and access to legal counsel. GEO highlights this agreement within its 40-year public-private partnership with ICE.
The GEO Group (NYSE:GEO) has entered into a five-year support services contract with U.S. Immigration and Customs Enforcement (ICE) for activation of a federal immigration processing center at the company-leased, 1,188-bed Big Horn Facility in Hudson, Colorado. GEO also signed a lease agreement with the facility’s owner.
According to GEO, the ICE support services contract is expected to generate approximately $85 million in annual revenues in the first full year of operations, excluding transportation revenue. Services are expected to cover exclusive facility use by ICE, security, maintenance, food services, recreational amenities, medical care, and access to legal counsel.
The GEO Group (NYSE:GEO) will release its second quarter 2026 earnings on Thursday, August 6, 2026 before the market opens and host a conference call at 1:00 PM ET the same day.
The call will be accessible via teleconference and live webcast with replay options.
GEO (NYSE: GEO) reported 1Q26 revenue $705.2M (up 17% YoY), net income attributable to GEO Operations $38.3M (up 96% YoY), and Adjusted EBITDA $131.4M (up 32% YoY). The company repurchased ~3.6M shares for $50M in 1Q26 and raised full‑year 2026 guidance.
FY26 guidance: revenues $2.95–$3.10B; net income attributable to GEO Operations $153–$166M ($1.15–$1.25/sh); Adjusted EBITDA $525–$545M; CapEx $137.5–$162.5M.
The GEO Group (NYSE:GEO) will release first quarter 2026 financial results on Wednesday, May 6, 2026 before the market opens and will host a conference call and webcast at 11:00 AM ET the same day.
Investors can join by phone or listen via live webcast at investors.geogroup.com; telephonic replay is available through May 13, 2026 and a webcast replay will remain on the site for one year.
The GEO Group (NYSE: GEO) announced a senior finance leadership change on March 5, 2026. Chief Financial Officer Mark Suchinski will leave effective March 31, 2026 to accept a role in another industry. Shayn March, Executive Vice President, Finance and Treasurer with 17 years at GEO, will become CFO effective April 1, 2026.
The company highlighted March's long tenure and leadership experience as rationale for the appointment and indicated the change is expected to support continuing corporate objectives and shareholder value.
The GEO Group (NYSE: GEO) announced that CEO J. David Donahue will retire effective February 28, 2026. Founder and Executive Chairman Dr. George C. Zoley will return as Chairman and Chief Executive Officer under an amended employment agreement effective March 1, 2026 through April 2, 2029.
The change restores Dr. Zoley to the CEO role; he previously served as CEO from the company’s 1994 IPO through June 2021 and has chaired the board since May 2002.
The GEO Group (NYSE: GEO) reported Q4 2025 revenue of $707.7M, Q4 adjusted EBITDA of $126.0M, and Q4 adjusted net income of $0.25 per diluted share. Full-year 2025 revenue was $2.63B with GAAP net income attributable to GEO operations of $254.4M and adjusted EBITDA of $464.4M.
The company closed asset sales, repurchased ~4.94M shares for $90.6M, added contracts that could generate ~$520M annualized revenue, and issued 2026 guidance of $2.9B–$3.1B revenue and $490M–$510M adjusted EBITDA.
The GEO Group (NYSE: GEO) closed an amendment to its Amended Credit Agreement to increase its Revolving Credit Facility commitments from $450 million to $550 million, effective January 20, 2026. The $100 million upsizing is intended to provide enhanced balance sheet flexibility and support future growth and the company's expanded stock repurchase authorization announced in November. Management said the amendment reflects continued support from its banking partners.