GEO on NYSE

GEO Group

Logo: http://www.thegeogroupinc.com/images/geo_logo.png, Non-free logo, via Wikipedia5

American private prison and institutional facilities company

The GEO Group, Inc. (GEO) is an American publicly traded C corporation private prison and mental health facility operator. The company's facilities include immigration detention centers, minimum security detention centers, and mental-health and residential-treatment facilities in the United States, Australia, South Africa, and the United Kingdom. GEO also operates government-owned facilities pursuant to management contracts.3 It was founded by Giorgos Zoley.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1984Founded1

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  • TickerGEO on NYSE1
  • Industryreal estate investment trust1
  • HeadquartersBoca Raton1
  • Websitewww.geogroup.com
  • Incorporated inFL6
  • Business address4955 Technology Way, Boca Raton, Fl 334316
  • Filer categoryLarge accelerated filer6
  • Legal formINCORPORATED4
  • LEI5493003VOR6NTY4654954
  • StatusInactive4
  • LEI statusRetired4
  • Registered addressC/O Corporate Creations Network Inc., 33410 Palm Beach Gardens, United States4

The GEO Group, Inc. (GEO) is an American publicly traded C corporation private prison and mental health facility operator. The company's facilities include immigration detention centers, minimum security detention centers, and mental-health and residential-treatment facilities in the United States, Australia, South Africa, and the United Kingdom. GEO also operates government-owned facilities pursuant to management contracts. As of September 30, 2024, the company owned or managed 80,000 beds at 95 facilities, making it the largest prison operator in the United States. In 2019, agencies of the federal government of the United States generated 53% of the company's revenues. Up until 2021 the company was designated as a real estate investment trust, at which time its board of directors elected to reclassify as a C corporation under the stated goal of reducing the company's debt.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

9.8%Operating margin8
9.7%Net margin8
8.6%Revenue growth, 20258
16.9%Return on equity8
1.10×Debt to equity8
-$124.9MFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Owned And Leased Corrections And Detention brought in 53% of the revenue GEO Group broke down this way in fiscal 2025.

  1. Owned And Leased Corrections And Detention$1.4B853%up 15% from 2024
  2. Managed Only$642.6M824%up 5% from 2024
  3. Electronic Monitoring Services and Other Reentry$436.1M817%down 1% from 2024
  4. Owned And Leased Community Based$164.5M86%up 0% from 2024
Products and services by year
Products and services202320242025
Owned And Leased Corrections And Detention$1.1B$1.2B$1.4B
Managed Only$576.7M$611.8M$642.6M
Electronic Monitoring Services and Other Reentry$528.9M$440.1M$436.1M
Owned And Leased Community Based$167.0M$163.9M$164.5M

Business segments

Us Corrections And Detention brought in 69% of the revenue GEO Group broke down this way in fiscal 2025.

  1. Us Corrections And Detention$1.8B869%up 14% from 2024
  2. Electronic Monitoring And Supervision Services$320.9M812%down 4% from 2024
  3. Reentry Services$286.5M811%up 3% from 2024
  4. International Services$197.1M87%down 6% from 2024
Business segments by year
Business segments202320242025
Us Corrections And Detention$1.5B$1.6B$1.8B
Electronic Monitoring And Supervision Services$425.9M$332.8M$320.9M
Reentry Services$275.1M$277.6M$286.5M
International Services$193.9M$208.9M$197.1M

Regions

United States brought in 93% of the revenue GEO Group broke down this way in fiscal 2025.

  1. United States$2.4B893%up 10% from 2024
  2. Australia$177.0M87%down 7% from 2024
  3. ZA$20.1M81%up 11% from 2024
Regions by year
Regions202320242025
United States$2.2B$2.2B$2.4B
Australia$177.7M$190.9M$177.0M
ZA$16.1M$18.1M$20.1M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs81¢$2.1B
  • Interest6¢$160.5M
  • Income tax3¢$85.7M
  • Profit10¢$254.4M

Out of $2.6B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Capital spending68¢$197.5M
  • Share buybacks32¢$91.0M

Out of $72.6M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.8

Financial statements

Revenue91011128$2.6B in 2025+6% since 2019
0$1.0B$2.0B$3.0B2019: $2.5B$2.5B20192020: $2.4B$2.4B2020−5%2021: $2.3B$2.3B2021−4%2022: $2.4B$2.4B2022+5%2023: $2.4B$2.4B2023+2%2024: $2.4B$2.4B2024+0%2025: $2.6B$2.6B2025+9%
Operating income91011128$257.5M in 2025−15% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $303.1M$303.1M20192020: $229.4M$229.4M2020−24%2021: $288.1M$288.1M2021+26%2022: $383.9M$383.9M2022+33%2023: $352.4M$352.4M2023−8%2024: $310.0M$310.0M2024−12%2025: $257.5M$257.5M2025−17%
Net income91011128$254.4M in 2025+53% since 2019
0$100.0M$200.0M$300.0M2019: $166.6M$166.6M20192020: $113.0M$113.0M2020−32%2021: $77.4M$77.4M2021−32%2022: $171.8M$171.8M2022+122%2023: $107.3M$107.3M2023−38%2024: $32.0M$32.0M2024−70%2025: $254.4M$254.4M2025+696%

Every line of the income statement as filed: the last 3 fiscal years, latest first.8

Period ending2025-12-312024-12-312023-12-31
Revenues$2.6B$2.4B$2.4B
Operating Expenses (excluding depreciation and amortization)$2.0B$1.8B$1.7B
Depreciation and amortization$132.0M$126.2M$125.8M
General and administrative expenses$235.9M$213.0M$190.8M
Contingent litigation reserve$37.6M
Operating Income$257.5M$310.0M$352.4M
Interest and Investment Income$9.1M$8.8M$7.8M
Interest Expense-$160.5M-$190.6M-$218.3M
Loss on Extinguishment of Debt-$8.4M-$86.6M-$8.5M
Other income$5.5M
Net Gain (Loss) on Asset Divestitures/Impairment$232.4M-$2.9M$4.7M
Income before income taxes and equity in earnings of affiliates$335.5M$38.6M$138.0M
Provision for Income Taxes$85.7M$9.4M$35.4M
Equity in Earnings of Affiliates, net of income tax provision of $867, $802 and 868$4.5M$2.7M$4.5M
Net Income$254.3M$31.9M$107.2M
Loss Attributable to Noncontrolling Interests$66.0K$70.0K$142.0K
Net income attributable to The GEO Group, Inc. operations$254.4M$32.0M$107.3M
Basic137.5M shares131.3M shares121.9M shares
Diluted139.7M shares134.1M shares123.7M shares
Net income per share - basic$1.85$0.23$0.73
Net income per share diluted$1.82$0.22$0.72
Income tax provision on equity in earnings of affiliates$867.0K$802.0K$868.0K

Compare GEO Group with another company

Corporate structure

GEO Group sits at the top of its group. 3 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of GEO Group

  • GEO Group Boca Raton, Florida, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What GEO Group reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$3.1B8 Dec 31, 2025$3.1B8 Dec 31, 20240%
Accumulated depreciation$1.2B8 Dec 31, 2025$1.2B8 Dec 31, 2024+1.4%
Property and equipment, net$1.9B8 Dec 31, 2025$1.9B8 Dec 31, 2024−0.8%
Finance-lease assets$27.0K8 Dec 31, 2025$514.0K8 Dec 31, 2024−94.7%
Operating-lease assets (leased space)$72.3M8 Dec 31, 2025$95.3M8 Dec 31, 2024−24.2%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$69.0M8 Dec 31, 2025$76.9M8 Dec 31, 2024−10.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Goodwill$756.0M8 Dec 31, 2025$756.0M8 Dec 31, 20240%
Intangible assets, net (excluding goodwill)$117.3M8 Dec 31, 2025$126.6M8 Dec 31, 2024−7.3%
Accumulated amortization$151.7M8 Dec 31, 2025$142.4M8 Dec 31, 2024+6.5%
Finite-lived intangibles, net$72.1M8 Dec 31, 2025$81.4M12 Dec 31, 2024−11.4%

Inventory

ItemLatestA year beforeChange
Inventory, total$41.0M8 Dec 31, 2025$35.9M8 Dec 31, 2024+14.2%

Properties, in its own words

The Company owns and leases its corporate offices, which are both located in Boca Raton, Florida. The Company purchased land in Boca Raton, Florida to construct a new corporate office building which was completed in the first quarter of 2019. The Company's lease on its additional corporate office space expires in December 2028 and has two 5-year renewal options which if exercised will result in a maximum term ending in December 2038. In addition, we lease office space for our eastern regional office in Charlotte, North Carolina; our central regional office in San Antonio, Texas; and our western regional office in Los Angeles, California. We are also currently leasing office space in Boulder, Colorado and Aurora, Illinois in connection with our BI subsidiary. We also lease office space in Sydney and Melbourne, Australia, and in Sandton, South Africa, through our overseas affiliates to support our Australian, and South African operations, respectively. We consider our office space adequate for our current operations.

See the Facilities and Day Reporting Centers listed under Item 1 for a list of the correctional, detention and reentry properties we own or lease in connection with our operations and specifically our U.S. Secure Services segment, our Reentry Services segment and our International Services segment.

Item 2 of the 10-K filed Feb 25, 2026.17

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Giorgos Zoley in 1984.1

Wackenhut Corrections Corporation (WCC) was formed as a division of the Wackenhut Corporation in 1984 after George Zoley presented the idea of a separate prison management company to Wackenhut founder George Wackenhut. It was incorporated as a Wackenhut subsidiary in 1988. In July 1994, the company became a public company via an initial public offering.

In 2003, WCC management raised funds to repurchase all common stock held by G4S, and in 2004, the company changed its name to The GEO Group, Inc. In 2005, the company acquired Correctional Services Corporation (CSC) for $62 million in cash, and the assumption of $124 million in debt. The company sold CSC's juvenile services division to James Slattery, CSC's former CEO, for $3.75 million. Slattery renamed this business as Slattery's Youth Services International. In December 2008, the company opened the 654-bed Maverick County Detention Center in Eagle Pass, Texas.

On August 12, 2010, the company acquired Cornell Companies, formerly Cornell Corrections, for $730 million in stock and cash. In February 2011, GEO acquired BI Incorporated, provider of electronic offender-tracking equipment and services, founded in 1978 and based in Boulder, Colorado, for $415 million. At the time, BI was the exclusive U.S. Immigration and Customs Enforcement (ICE) provider of Intensive Supervision and Appearance Program (ISAP) monitoring and supervision services. In summer 2018, this subsidiary received media attention for the $500 million in contracts it has received from ICE since 2004.

In 2015, GEO launched its Continuum of Care program to assist prisoners in returning to society. In 2016, the firm's revenues totaled $2 billion, and on April 4, 2017, GEO announced the closing of a $360 million cash purchase of Community Education Centers ("CEC"), which owned or managed more than 12,000 beds in the U.S., including over 7,000 community re-entry beds. It provided in-prison treatment services at over 30 government-operated facilities. In January 2020, local Pennsylvania lawmakers announced a potential plan to deprivatize the George W. Hill Correctional Facility in Delaware County, Pennsylvania, the last private prison in the state, with which GEO Group had a nine-year $495 million county contract. The lawmakers alleged that GEO Group had covered up liabilities at the facility.

In 2016, the U.S. Department of Justice announced its intention to phase out contracts with privately operated prisons. The U.S. Department of Homeland Security said it was reviewing its contracts with private firms, which operate several immigrant detention facilities. In the spring of 2017, officials of the Donald Trump administration said they would be reviewing this policy. In September 2019, California governor Gavin Newsom announced that he would terminate the California contract with GEO's Central Valley Modified Community Correctional Facility in McFarland.

In 2018, GEO Group entered into a collaboration with the National Federation of Federal Employees called Reentry Success DC, designed to enhance "GEO Group's pre- and post-release services by connecting returning citizens to gainful employment". The program is available to prisoners returning to Washington, D.C., from the Rivers Correctional Facility in North Carolina. By February 2020, the company had expanded the Continuum of Care program to 18 prisons. Later in 2020, the company also opened its Connection and Intervention Center in Idaho Falls, Idaho, for this purpose.

Since the beginning of the second Trump administration in January 2025, the GEO Group received $2.1 billion in federal contracts from U.S. Immigration and Customs Enforcement (ICE), far more than any other ICE contractor. In their 2025 annual report, the company noted that their new and expanded contracts represented "the largest amount of new business we have won in a single year in our Company’s history".

In 2026 it was reported that GEO Group employees and ICE employees had historically transitioned employment between the two organizations at high rates.

From Wikipedia’s article on GEO Group, shared under CC BY-SA 4.0.7

Leadership

Who has led GEO Group, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (48)

Products and brands

  • private prison

Listed on Wikidata.1

Facilities

United States facilities

In 2010, the company was reported to operate more than a dozen facilities in the state of Texas, and nearly three dozen in the rest of the United States. In addition to prison facilities operated under contract with U.S. states, the GEO Group owns and operates the Broward Transitional Center, a 720-bed facility in Pompano Beach, Florida; the Aurora Denver Contract Detention Facility in Colorado; and the Northwest Detention Center in Tacoma, Washington, all under contract with U.S. Immigration and Customs Enforcement. As of the fiscal year ended December 31, 2012, GEO managed 96 facilities worldwide totaling about 73,000 beds, including 65,949 active beds and 6,056 idle beds. The company had an average facility occupancy rate of 95.7% for 2012.

Other GEO Group facilities include the Reeves County Detention Complex, a three-part complex in Texas described as the largest private prison in the world. It houses more than 3700 inmates, mostly immigrants held for low-level crimes before being deported after serving their sentences. Riots here by prisoners in 2008 and 2009 because of poor conditions resulted in more than $21 million in damages. A detention center operated by GEO Group in the state of Washington has a capacity of 1,575 immigrant detainees. When ICE had renewed its contract for 10 years in 2015, GEO estimated the center would receive $57 million each year, operating at full capacity. In February 2025, pursuant to a contracted with I.C.E., GEO Group re-opened Delaney Hall, in Newark, New Jersey, May 1, which quickly led to political conflict.

International facilities

Internationally, in 2010, GEO operated a total of another 10 facilities in Australia, England, South Africa, and Cuba. As of 2016, subsidiary GEO Group Australia operated four prisons (Junee Correctional Centre, Arthur Gorrie Correctional Centre, Parklea Correctional Centre, and Fulham Correctional Centre), with a fifth facility expected to open in late 2017. In 2023 staff walked out of the Junee Correctional Centre over disputes regarding pay and working conditions. The New South Wales government later announced it would not be renewing GEO Group's contract to manage the facility.

In the UK, GEO Group are associated with several contracts. The organization runs the Dungavel Immigration Removal Centre, expanded in 2013 to hold 249 detainees, male and female. In 2004, the Children's Commissioner for Scotland described conditions at the facility as "morally upsetting" and threatened to report the UK and Scottish governments to the United Nations Committee on the Rights of the Child. In London, it runs the Harmondsworth migrant detention center. This facility can hold up to 661 detainees.

Read the full text

GEO Group is also contracted to the deportation of migrants, operating the Migrant Operations Center at the Guantanamo Bay Naval Base in Cuba, from 2006 to 2012. In the late 2010s, activists accused the company of detaining immigrants under inhumane conditions while complying with the Trump administration's family separation policy. GEO Group denied claims of separating families or housing unaccompanied minors.

Business segments

GEO conducts its business through four business segments – U.S. corrections segment, international services segment, GEO Care segment, and facility construction and design segment. The U.S. corrections segment primarily encompasses GEO's U.S.-based privatized corrections and detention business for federal and state authorities.

The international services segment primarily consists of GEO's privatized corrections and detention operations in South Africa, Australia, and the United Kingdom. International services reviews opportunities to further diversify into related foreign-based governmental-outsourced services on an ongoing basis. The GEO Care segment, which is operated by GEO's wholly owned subsidiary GEO Care, Inc., comprises GEO's privatized mental-health and residential-treatment services business. As of 2016, it conducts this business in the U.S. only. GEO's facility construction and design segment primarily consists of contracts with various state, local, and federal agencies for the design and construction of prison and related facilities for which GEO has been awarded management contracts.

U.S. federal contracts and political donations

On August 18, 2016, Deputy U.S. Attorney General Sally Yates announced that the Justice Department intended to end its Bureau of Prisons contracts with for-profit prison operators. As of 2015, GEO Group operated 26 federal prison centers, for the departments of both Justice and Homeland Security, which would have been affected by this change in policy. These centers had a total capacity of 35,692 prisoners, representing 45% of the company's revenue.

On February 23, 2017, newly confirmed Trump administration Attorney General Jeff Sessions rescinded the August 2016 guidance. In March 2017, Pablo Paez, GEO Group vice president, defended the legality of his company's $225,000 donation to a pro-Trump political action committee. He said that the donation was made by a subsidiary, GEO Corrections Holdings, Inc., which has no contracts with any governmental agency, rather than directly from GEO Group itself. Democratic Congressmen Emanuel Cleaver and Luis Gutiérrez disputed that claim in a letter to GEO and its rival, CoreCivic. The Campaign Legal Center filed a complaint challenging the contribution with the Federal Elections Commission. GEO and CoreCivic each donated $250,000 supporting Trump's inaugural festivities, according to the corporations' spokesmen. GEO gave $275,000 to the pro-Trump super PAC Rebuilding America Now, according to FEC filings. A $100,000 donation had been made only a day after Sally Yates, at the Department of Justice, announced it would be phasing out its for-profit prison and detention contracts.

In April 2018, a wholly owned subsidiary of GEO Group called GEO Acquisitions II gave $125,000 to a political action committee in violation of the Federal Election Campaign Act, which bars companies with active contracts with the federal government from making political donations.

On January 26, 2021, United States President Joe Biden signed Executive Order 14006 directing the United States Department of Justice to cease the renewal of federal contracts with private prisons. As a result, in 2021 Geo Group reported that they had closed six of their facilities as a result of the contracts not being renewed by the federal government and that their last facility under direct contract with the Bureau of Prisons would phase out in September 2022. They reported that this resulted in a decline of $240 million in revenue for the 2021 fiscal year.

According to Open Secrets, a government watchdog group:

The GEO Group PAC, the company’s employee-funded political action committee, contributed $1 million to a pro-Trump super PAC, Make America Great Again Inc., in 2024.

GEO Group and CoreCivic each donated $500,000 to Trump’s 2025 inaugural committee.

GEO Group founder George Zoley and CEO Brian Evans each contributed $11,600 to Trump’s joint fundraising committee, the Save America PAC.

The second Trump administration increased federal ICE contracts with GEO Group beginning in 2025. GEO Group reported total revenue of $2.6 billion in 2025, up 6% from 2024.

On February 26, 2025, GEO Group signed a $1 billion, 15-year contract with the federal government to reopen Delaney Hall in Newark, New Jersey, as an immigration detention facility with capacity to detain up to 1,000 people. After reopening, on May 1, Delaney Hall and Geo Group have variously refused access to government officials, including Governor Mikie Sherrill. The facility has been the site of on-going protests inside and outside, with increasing criticism and allegations of inhumane conditions including and mistreatment of detainees against the company and its founder Zoley.

On July 13, 2026, GEO Group announced that they had received a five-year support contract with ICE to reopen a previously shuttered correctional facility in Hudson, Colorado, as the Big Horn facility, a 1,188-bed immigrant detention center. The deal, estimated at $529 million, "nearly doubles Colorado's immigration detention capacity".

Australian contracts

GEO operated the Parklea prison from 2009 to 2018, when the government ended the contract and excluded GEO from bidding on the new contract, while allowing industry competitors to do so. Serious security breaches over the preceding years had included a guard being stabbed. Chronic problems had surfaced, including an inmate in another prison being discovered with secret architectural plans for a new maximum-security wing at Parklea. Another inmate filmed himself with a weapon and illegal drugs, and the video was distributed throughout the country.

During the COVID-19 pandemic, the disease became widespread in prisons, including those operated by GEO Group, leading for calls for low-risk inmates to be released to stem the spread of the disease in those environments.

From Wikipedia’s article on GEO Group, shared under CC BY-SA 4.0.7

Subsidiaries and ownership

Owners

Subsidiaries

  • BI Incorporated

Also owns

From Wikidata.1

Acquisitions

  1. Feb 2011Acquired BI Incorporated1

Former names

  • WACKENHUT CORRECTIONS CORPJun 7, 1996 to Nov 18, 20036

Timeline

  1. Oct 8, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure75
  2. Oct 5, 20268-K Entered a material agreement; Completed an acquisition or sale; Regulation FD disclosure76
  3. Aug 6, 20268-K Results of operations77
  4. May 6, 20268-K Results of operations78
  5. May 4, 20268-K Shareholder vote79
  6. Mar 5, 20268-K Executive or director change; Regulation FD disclosure80
  7. Feb 12, 20268-K Results of operations81
  8. Feb 12, 20268-K Executive or director change; Regulation FD disclosure82
  9. Jan 26, 20268-K Entered a material agreement; New debt or obligation; Regulation FD disclosure83
  10. Dec 8, 20258-K Other events84
  11. Nov 18, 20258-K Entered a material agreement; New debt or obligation85
  12. Nov 6, 20258-K Results of operations; Other events86
  13. Jan 13, 2025New chief executive J. David Donahue becomes CEO18
  14. Mar 5, 2024New chief executive Brian Evans becomes CEO19
  15. Jul 21, 2021New chief executive Jose Gordo becomes CEO20
  16. Mar 28, 2006New chief executive George C. Zoley becomes CEO21
  17. Jan 21, 2004Went public Listed on NYSE1
  18. 1984Founded Founded1

Calendar

Coming up

  1. Nov 5, 2026 · Before the openReports results for the quarter ending Sep/2026 A year earlier it reported $0.25 a share, on Nov 6, 2025.87

When it reported results

  1. Aug 6, 2026Reported quarterly or annual results77
  2. May 6, 2026Reported quarterly or annual results78
  3. Feb 12, 2026Reported quarterly or annual results81
  4. Nov 6, 2025Reported quarterly or annual results86
  5. Aug 6, 2025Reported quarterly or annual results88
  6. May 7, 2025Reported quarterly or annual results89
  7. Feb 27, 2025Reported quarterly or annual results90
  8. Nov 13, 2024Reported quarterly or annual results91

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

383 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 84 major events, 192 insider forms, 27 large holders, 60 other. The latest 20:

  1. Oct 8, 20268-K EDGAR
  2. Oct 5, 20268-K EDGAR
  3. Sep 15, 20264 EDGAR
  4. Sep 11, 2026144 EDGAR
  5. Aug 25, 20264 EDGAR
  6. Aug 24, 20264 EDGAR
  7. Aug 21, 2026144 EDGAR
  8. Aug 20, 2026144 EDGAR
  9. Aug 17, 20264 EDGAR
  10. Aug 13, 2026144 EDGAR
  11. Aug 13, 2026SCHEDULE 13G/A EDGAR
  12. Aug 6, 202610-Q EDGAR
  13. Aug 6, 20268-K EDGAR
  14. Jun 25, 202611-K EDGAR
  15. Jun 18, 20264 EDGAR
  16. May 15, 2026SCHEDULE 13G EDGAR
  17. May 14, 2026SCHEDULE 13G EDGAR
  18. May 7, 202610-Q EDGAR
  19. May 6, 20268-K EDGAR
  20. May 4, 20268-K EDGAR

The 383 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

40 open-market trades by officers, directors and large owners since October 2021: 4 buys and 36 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 11, 2026Albence MatthewSenior VP, Client RelationsSale11,797$31.46$371.1KForm 4
Aug 21, 2026Brack Ronald A.See RemarksSale7,000$32.00$224.0KForm 4
Aug 20, 2026Albence MatthewSenior VP, Client RelationsSale10,000$31.69$316.9KForm 4
Aug 13, 2026Koren Lindsay L.DirectorSale3,500$31.31$109.6KForm 4
Mar 4, 2026KERNAN SCOTT MICHAELDirectorSale6,633$15.24$101.1KForm 4
Sep 10, 2025ZOLEY GEORGE CSee RemarksSale31,176$21.52$670.9KForm 4
Sep 9, 2025ZOLEY GEORGE CSee RemarksSale31,176$20.52$639.7KForm 4
Sep 8, 2025ZOLEY GEORGE CSee RemarksSale31,176$20.51$639.4KForm 4
Sep 5, 2025ZOLEY GEORGE CSee RemarksSale31,176$21.00$654.7KForm 4
Sep 5, 2025ZOLEY GEORGE CSee RemarksSale29,876$21.00$627.4KForm 4
Sep 4, 2025ZOLEY GEORGE CSee RemarksSale31,177$21.05$656.3KForm 4
Sep 4, 2025ZOLEY GEORGE CSee RemarksSale31,177$21.05$656.3KForm 4
Aug 29, 2025ZOLEY GEORGE CSee RemarksSale20,970$20.56$431.1KForm 4
Aug 28, 2025ZOLEY GEORGE CSee RemarksSale20,970$20.81$436.4KForm 4
Aug 27, 2025ZOLEY GEORGE CSee RemarksSale20,970$20.69$433.9KForm 4
Aug 26, 2025ZOLEY GEORGE CSee RemarksSale20,970$20.90$438.3KForm 4
Aug 25, 2025ZOLEY GEORGE CSee RemarksSale20,970$21.65$454.0KForm 4
Aug 22, 2025ZOLEY GEORGE CSee RemarksSale26,068$21.37$557.1KForm 4
Aug 21, 2025ZOLEY GEORGE CSee RemarksSale25,000$21.38$534.5KForm 4
Aug 20, 2025ZOLEY GEORGE CSee RemarksSale25,000$21.37$534.2KForm 4

All 40 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Executive pay

What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.

YearExecutiveAgeSalaryTotal pay
2025George C. ZoleyChairman & Chief Executive Officer$1.1M$15.0M100
2025J. David DonahueFormer Chief Executive Officer$1.0M$3.3M100
2025Mark J. SuchinskiSenior Vice President & Chief Financial Officer59$721.0K$3.0M100
2025Joe NegronForner Senior Vice President, Legal Services, General Counsel & Corporate Secretary$583.5K$1.9M100
2025Paul LairdSenior Vice President, Secure Services60$600.0K$1.8M100
2024George C. ZoleyChairman & Chief Executive Officer$1.1M$6.4M100
2024Mark J. SuchinskiSenior Vice President & Chief Financial Officer59$338.5K$2.1M100
2023George C. ZoleyChairman & Chief Executive Officer$1.1M$5.9M100

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$13.7B 2008–2026
Figures by year
YearFederal contractsTotal
2026$1.3B$1.3B
2025$897.0M$897.0M
2024$952.3M$952.3M
2023$1.0B$1.0B
2022$977.5M$977.5M
2021$899.3M$899.3M
2020$960.1M$960.1M
2019$962.8M$962.8M
2018$686.4M$686.4M
2017$642.5M$642.5M
2016$619.3M$619.3M
2015$611.2M$611.2M
2014$509.0M$509.0M
2013$475.0M$475.0M
2012$310.7M$310.7M
2011$644.0M$644.0M
2010$700.8M$700.8M
2009$293.8M$293.8M
2008$242.6M$242.6M

Federal awards

Obligated amounts from USAspending.gov101, by calendar year, 2008–2026, for 11 registered units, including subsidiaries under the same parent. Obligations are what agencies committed, not always what was paid out. Contracts pay for goods and services; grants, loans and direct payments are assistance. Loans are charted at the face value of the loans listed here. An award’s amount below is its lifetime total, and some began before the years charted.

Largest contracts

  1. Apr 20, 2007$805.7M from U.S. Marshals Service: Detention services - san diego102 To THE GEO GROUP, INC. Award DJJODT7C0003
  2. Jan 17, 2007$794.5M from Federal Prison System / Bureau of Prisons: Contractor owned and operated existing correctional facility for approximately 3,500 low security male inmates.103 To CORNELL COMPANIES, INC. Award DJB1PC004
  3. Oct 1, 2010$568.9M from Federal Prison System / Bureau of Prisons: Provide services for the management and operation of a correctional facility in accordance with rfp-pcc-0014104 To CORNELL COMPANIES, INC. Award DJB1PC012
  4. Jan 9, 2008$568.1M from U.S. Marshals Service: Detention services105 To THE GEO GROUP, INC. Award DJJODT8C0005
  5. Aug 1, 2022$440.3M from U.S. Immigration and Customs Enforcement: Intensive supervision appearance program (isap iv)106 To B.I. INCORPORATED Award 70CDCR22FR0000034

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.19,314,511$570.7M0.0%−1,274,546
Pentwater Capital Management LP10,582,000$312.7M2.5%+1,017,000
UBS Group AG7,645,016$225.9M0.0%−1,742,280
Vanguard Portfolio Management LLC7,427,064$219.5M0.0%−25,374
Vanguard Capital Management LLC5,761,739$170.3M0.0%−1,535
Goldman Sachs Group Inc5,497,723$162.5M0.0%+1,328,374
State Street Corp4,938,884$145.9M0.0%+35,172
Continental General Insurance Co4,925,578$145.6M30.4%−783,724
Rubric Capital Management LP4,131,219$122.1M1.1%+388,039
Hsbc Holdings PLC4,006,518$118.7M0.1%New
Geode Capital Management, LLC3,334,033$98.5M0.0%+111,876
Assenagon Asset Management S.A.3,222,020$95.2M0.1%New
Morgan Stanley3,134,103$92.6M0.0%−34,941
Turiya Advisors Asia Ltd2,656,580$78.5M17.9%−1,890,300
Charles Schwab Investment Management Inc2,210,061$65.3M0.0%−14,802
Susquehanna International Group, Llp2,043,766$60.4M0.1%+1,007,333
Northern Trust Corp1,619,503$47.9M0.0%+140,300
KCM Capital Inc1,500,000$44.3M7.3%−495,000
Discovery Capital Management, LLC / Ct1,258,600$37.2M1.5%−167,300
Luxor Capital Group, LP1,155,516$34.1M3.8%New
Philosophy Capital Management LLC1,122,440$33.2M3.2%−598,226
Hodges Capital Management Inc.980,259$29.0M1.9%−148,740
Citadel Advisors LLC920,251$27.2M0.0%−857,509
Capitolis Liquid Global Markets LLC900,500$26.6M0.1%−99,500
Vanguard Fiduciary Trust Co865,322$25.6M0.0%−78,624

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How GEO Group is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARGEO GROUP INC2
  • CIK0000923796
  • Employer ID (EIN)65-004307817
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company17
  • Incorporated inFlorida17
  • Fiscal year endsDecember 312
  • Industry code (SIC)1520 General Bldg Contractors - Residential Bldgs2
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance2
  • Business address4955 Technology Way, Boca Raton, FL 334312
  • Phone561-893-01012
  • Shares outstanding131,619,584 as of Aug 3, 202614
  • Public float$3.3B as of Jun 30, 202517
  • AuditorGrant Thornton LLP, Fort Lauderdale, Florida, United States of America PCAOB ID 248; it also attests to the company’s internal control over financial reporting17
  • On EDGAR sinceMay 8, 19962
  • Filings2,002 in all: 4 (1,022), 8-K (299), SC 13G/A (101), 10-Q (91), 3 (53), SC 13G (43), DEF 14A (31), UPLOAD (30)2
    All 56 form types

    CORRESP (28), 11-K (25), 10-K (24), DEFA14A (24), 4/A (21), 144 (19), S-4/A (15), 424B5 (13), S-8 (12), 424B3 (10), 425 (9), 5 (9), PX14A6G (9), 8-K/A (8), S-4 (8), ARS (7), CT ORDER (7), EFFECT (7), NO ACT (7), 10-K405 (6), 424B2 (6), S-3ASR (6), S-8 POS (5), SCHEDULE 13G (5), SCHEDULE 13G/A (5), S-11/A (4), 10-K/A (3), POSASR (3), SC 13D/A (3), 10-Q/A (2), FWP (2), NT 11-K (2), PRE 14A (2), S-3/A (2), 3/A (1), 424B4 (1), 8-A12B (1), 8-A12B/A (1), 8-K12B (1), CERTNYS (1), DEFM14A (1), NT 10-K (1), NT 10-Q (1), PREM14A (1), PRER14A (1), S-11 (1), S-3 (1), SC 13D (1)

  • Latest filingsAnnual report (10-K) Feb 25, 2026
    Quarterly report (10-Q) Aug 6, 2026
    Proxy statement (DEF 14A) Mar 19, 2026
    Latest 8-K (8-K) Oct 8, 2026

Securities registered for trading

ClassSymbolExchange
Common Stock, $0.01 Par ValueGEONew York Stock Exchange

From the cover page of the 10-K filed Feb 25, 2026 (Section 12(b) of the Exchange Act).17

Risk factors and legal proceedings

The risks GEO Group names in Item 1A of its 10-K filed Feb 25, 2026: 61 risks under these headings, as written.17

  • Risks Related to Public-Private Partnerships
  • Risks Related to Our High Level of Indebtedness
  • Risks Related to Our Business and Services
  • Risks Related to Taxes
  • Risks Related to Real Estate and Construction Matters
  • Risks Related to the Capital Markets and its Impact on our Business
  • Risks Related to our Electronic Monitoring Products and Technology
  • Risks Related to Information Technology and Cybersecurity
  • Risks Related to Acquisitions and Dispositions
  • Risks Related to Legal, Regulatory and Compliance Matters
  • Risks Related to Corporate Social Responsibility
  • Risks Related to Our Common Stock
The other 61 risks
  • Risks Relating to Public-Private Partnerships
  • Public and political opposition to the use of public-private partnerships for secure facilities, processing centers and community reentry centers could result in our inability to obtain new contracts or the loss of existing contracts, impact our ability to obtain or refinance debt financing or enter into commercial arrangements, which could have a material adverse effect on our business, financial condition, results of operations and the market price of our securities.
  • Our level of indebtedness could adversely affect our financial condition and prevent us from fulfilling our debt service obligations.
  • We are incurring significant indebtedness in connection with substantial ongoing capital expenditures. Capital expenditures for existing and future projects may materially strain our liquidity.
  • Despite current indebtedness levels, we may still incur more indebtedness, which could further exacerbate the risks described above.
  • Our borrowing costs and access to capital and credit markets could be adversely affected by a downgrade or potential downgrade of our credit ratings.
  • The covenants in the indentures governing the Secured Notes and the Unsecured Notes and the covenants in our Credit Agreement impose significant operating and financial restrictions which may adversely affect our ability to operate our business.
  • Servicing our indebtedness will require a significant amount of cash. Our ability to generate cash depends on many factors beyond our control and we may not be able to generate the cash required to service our indebtedness.
  • Because portions of our senior indebtedness have floating interest rates, an increase in interest rates would adversely affect cash flows.
  • We depend on distributions from our subsidiaries to make payments on our indebtedness. These distributions may not be made.
  • We may not be able to satisfy our repurchase obligations in the event of a change of control or fundamental change because the terms of our indebtedness or lack of funds may prevent us from doing so.
  • The Unsecured Notes and the guarantees on the Unsecured Notes (the "Unsecured Note Guarantees") will be effectively subordinated to our and the guarantors’ senior secured indebtedness and structurally subordinated to the indebtedness of our subsidiaries that do not guarantee the Unsecured Notes.
  • The value of the collateral may not be sufficient to satisfy our obligations under the Secured Notes.
  • We partner with a limited number of governmental customers who account for a significant portion of our revenues. The loss of, or a significant decrease in revenues from, these customers could seriously harm our financial condition and results of operations.
  • ICE, the federal executive agency under the direction of DHS, has recently expanded its methods for physical detention by utilizing non-traditional detention capacity and by obtaining ownership of non-traditional facilities, and such methods could have an adverse impact on our business.
  • Fluctuations in occupancy levels or participation in ISAP could cause a decrease in revenues and profitability.
  • Efforts to reduce the U.S. federal deficit could adversely affect our liquidity, results of operations and financial condition.
  • State budgetary constraints may have a material adverse impact on us.
  • From time to time, we may not have a management contract with a client to operate existing beds at a facility or new beds at a facility that we are expanding and we cannot assure you that such a contract will be obtained. Failure to obtain a management contract for these beds will subject us to carrying costs with no corresponding management revenue.
  • We are subject to the loss of our facility management contracts, due to terminations, non-renewals or competitive re-bids, which could adversely affect our results of operations and liquidity, including our ability to secure new facility management contracts from other government customers.
  • Our growth depends on our ability to secure contracts to develop and manage new secure facilities, processing centers and community based facilities and to secure contracts to provide electronic monitoring services, community-based reentry services and monitoring and supervision services, the demand for which is outside our control.
  • We may not be able to meet state requirements for capital investment or locate land for the development of new facilities, which could adversely affect our results of operations and future growth.
  • Competition for contracts may adversely affect the profitability of our business.
  • We are dependent on government appropriations, which may not be made on a timely basis or at all and may be adversely impacted by budgetary constraints at the federal, state, local and foreign government levels.
  • Adverse publicity may negatively impact our ability to retain existing contracts and obtain new contracts.
  • We may incur significant start-up and operating costs on new contracts before receiving related revenues, which may impact our cash flows and not be recouped.
  • We may face community opposition to facility locations, which may adversely affect our ability to obtain new contracts.
  • Natural disasters, pandemic outbreaks, global political events and other serious catastrophic events could disrupt operations and otherwise materially adversely affect our business and financial condition.
  • Our international operations expose us to risks that could materially adversely affect our financial condition and results of operations.
  • We conduct certain of our operations through joint ventures or consortiums, which may lead to disagreements with our joint venture partners or business partners and adversely affect our interest in the joint ventures or consortiums.
  • The rising cost and increasing difficulty of obtaining adequate levels of surety credit on favorable terms could adversely affect our operating results.
  • We are dependent upon our senior management and our ability to attract and retain sufficient qualified personnel.
  • Adverse developments in our relationship with our employees could adversely affect our business, financial condition or results of operations.
  • Our profitability may be materially adversely affected by inflation.
  • Federal, state and local tax rules can adversely impact our results of operations and financial position.
  • Various risks associated with the ownership of real estate may increase costs, expose us to uninsured losses and adversely affect our financial condition and results of operations.
  • Risks related to facility construction and development activities may increase our costs related to such activities.
  • Negative conditions in the capital markets could prevent us from obtaining financing, which could materially harm our business.
  • Technological changes could cause our electronic monitoring products and technology to become obsolete or require the redesign of our electronic monitoring products, which could have a material adverse effect on our business.
  • Any negative changes in the level of acceptance of or resistance to the use of electronic monitoring products and services by governmental customers could have a material adverse effect on our business, financial condition and results of operations.
  • We depend on a limited number of third parties to manufacture and supply quality infrastructure components for our electronic monitoring products. If our suppliers cannot provide the components or services we require and with such quality as we expect, our ability to market and sell our electronic monitoring products and services could be harmed.
  • An inability to acquire, protect or maintain our intellectual property and patents in the electronic monitoring space could harm our ability to compete or grow.
  • Our electronic monitoring products could infringe on the intellectual property rights of others, which may lead to litigation that could itself be costly, could result in the payment of substantial damages or royalties, and/or prevent us from using technology that is essential to our products.
  • We license intellectual property rights in the electronic monitoring space, including patents, from third party owners. If such owners do not properly maintain or enforce the intellectual property underlying such licenses, our competitive position and business prospects could be harmed. Our licensors may also seek to terminate our license.
  • We may be subject to costly product liability claims from the use of our electronic monitoring products, which could damage our reputation, impair the marketability of our products and services and force us to pay costs and damages that may not be covered by adequate insurance.
  • The interruption, delay or failure of the provision of our services or information systems could adversely affect our business.
  • The failure to comply with data privacy, security and exchange legal requirements could have a material adverse impact on our business, financial position, results of operations, cash flows and reputation.
  • We may not be able to successfully identify or consummate acquisitions or dispositions.
  • As a result of our acquisitions, we have recorded and will continue to record a significant amount of goodwill and other intangible assets. In the future, our goodwill or other intangible assets may become impaired, which could result in material non-cash charges to our results of operations.
  • Failure to comply with extensive government regulation and applicable contractual requirements could have a material adverse effect on our business, financial condition or results of operations.
  • Our business operations expose us to various liabilities for which we may not have adequate insurance and may have a material adverse effect on our business, financial condition or results of operations.
  • We may not be able to obtain or maintain the insurance levels required by our government contracts.
  • Failure to comply with anti-bribery and anti-corruption laws could subject us to penalties and other adverse consequences.
  • We are subject to risks related to corporate social responsibility.
  • The market price of our common stock may vary substantially.
  • Expectations about growth in the utilization of detention beds by the federal government may not be realized, which could negatively impact our stock price.
  • Future sales or issuances of shares of our common stock could adversely affect the market price of our common stock and may be dilutive to current shareholders.
  • Various anti-takeover protections applicable to us may make an acquisition of us more difficult and reduce the market value of our common stock.
  • Failure to maintain effective internal controls in accordance with Section 404 of the Sarbanes-Oxley Act of 2002 could have an adverse effect on our business and the trading price of our common stock.
  • We may issue additional debt securities that could limit our operating flexibility and negatively affect the value of our common stock.
  • The Company could be negatively affected as a result of the actions of activist or hostile shareholders.
  • A “short squeeze” due to a sudden increase in demand for shares of our common stock that largely exceeds supply has led to, and may continue to lead to, extreme price volatility in shares of our common stock.

Legal proceedings

Immigration Detainee Litigation

The opening of Item 3, Legal Proceedings.17

Sources

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