Earnings summaries and quarterly performance for GEO GROUP.
Executive leadership at GEO GROUP.
David Donahue
Detailed
Chief Executive Officer
CEO
CR
Christopher Ryan
Detailed
Senior Vice President, Human Resources
DR
Daniel Ragsdale
Detailed
Senior Vice President, Contract Administration and Compliance
DH
Donald Houston
Detailed
Senior Vice President, Health Services
GZ
George Zoley
Detailed
Executive Chairman
JN
Joe Negron
Detailed
Senior Vice President, Legal Services, General Counsel and Corporate Secretary
MS
Mark Suchinski
Detailed
Chief Financial Officer
MA
Matthew Albence
Detailed
Senior Vice President, Client Relations
NM
Nicole Mannarino
Detailed
Chief Compliance Officer and Controller, Financial Reporting
PL
Paul Laird
Detailed
Senior Vice President, Secure Services
RL
Richard Long
Detailed
Senior Vice President, Project Development
RB
Ronald Brack
Detailed
Executive Vice President, Chief Accounting Officer and Controller
SM
Shayn March
Detailed
Executive Vice President, Finance and Treasurer
Board of directors at GEO GROUP.
Research analysts who have asked questions during GEO GROUP earnings calls.
BM
Brendan Michael McCarthy
Sidoti & Company, LLC
4 questions for GEO
Also covers: AGM, ALEX, BENF +5 more
GG
Gregory Gibas
Northland Securities
3 questions for GEO
Also covers: ACEL, AMRK, ASUR +7 more
KL
Kirk Ludtke
Imperial Capital, LLC
3 questions for GEO
Also covers: CPS, CXW, EAF +2 more
JW
Jason Weaver
Unaffiliated Analyst
2 questions for GEO
Also covers: AGNC, ARR, BRSP +15 more
JM
Jay McCanless
Wedbush Securities
2 questions for GEO
Also covers: BLDR, BZH, CCS +20 more
JG
Joseph Gomes
G.research, LLC
2 questions for GEO
Also covers: ACCO, BTBT, CMTL +17 more
ME
Matthew Erdner
JonesTrading Institutional Services
2 questions for GEO
Also covers: ACR, AGNC, AOMR +17 more
RS
Raj Sharma
Texas Capital Bank
2 questions for GEO
Also covers: APEI, ASPU, CXW +4 more
BV
Brian Violino
Wedbush Securities Inc.
1 question for GEO
Also covers: CXW, RWT
GG
Greg Gibas
Northland Securities, Inc.
1 question for GEO
Also covers: ACEL, AIOT, AMRK +8 more
JG
Joe Gomes
Noble Capital Markets
1 question for GEO
Also covers: ACCO, BLBX, BTBT +15 more
JH
Jordon Hymowitz
Philadelphia Financial
1 question for GEO
Also covers: AGO, CACC, CXW +2 more
JJ
Joshua Joseph
Noble Capital Markets
1 question for GEO
Ted Franchetti
Wedbush Securities
1 question for GEO
Recent press releases and 8-K filings for GEO.
GEO Group expands Revolving Credit Facility
GEO
Debt Issuance
Share Buyback
New Projects/Investments
- The GEO Group, Inc. increased its Revolving Credit Facility commitments from $450 million to $550 million, effective January 20, 2026.
- Concurrently, the Incremental Amount that the company may request in the future for additional term loans, incremental equivalent debt, or an increase to revolving credit facility commitments was decreased from $250 million to $150 million.
- Executive Chairman George C. Zoley stated that this amendment provides enhanced balance sheet flexibility for future growth needs and long-term shareholder value creation.
4 hours ago
Direct Broadcast Satellite Service Market Forecasted for Significant Growth
GEO
New Projects/Investments
Revenue Acceleration/Inflection
M&A
- The Direct Broadcast Satellite (DBS) service market is projected to grow from $40.58 billion in 2026 to $57.1 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 8.9%.
- Key growth drivers include the rapid adoption of direct-to-home television services, expansion of satellite coverage to rural areas, and rising demand for diverse content and internet services, especially in remote regions.
- North America led the market in 2025, with Asia-Pacific projected as the fastest-growing region in the forecast period.
- Leading companies such as SES S.A. are innovating to enhance service quality, exemplified by the ASTRA 1P satellite launch in 2024 and the acquisition of Intelsat S.A. in 2025.
4 days ago
GEO Group Expands Revolving Credit Facility
GEO
Debt Issuance
- The GEO Group announced an amendment to its Amended Credit Agreement.
- This amendment expanded its Revolving Credit Facility commitments by $100 million, increasing the total to $550 million from $450 million.
- The expansion became effective on January 20, 2026.
- The company expects this to provide enhanced balance sheet flexibility and support future growth needs and long-term shareholder value creation.
5 days ago
FGS Global Launches AI Advisory Practice and Acquires Memetica
GEO
Product Launch
M&A
New Projects/Investments
- FGS Global launched its AI Advisory practice to help organizations navigate and optimize AI communications transformation, supported by a global team of over 200 strategists, analysts, engineers, developers, designers, and data scientists.
- The company also acquired Memetica, a specialist technology consultancy in AI-driven threat detection and mitigation across social, dark web, and fringe platforms, enhancing its global threat intelligence capabilities.
- The AI Advisory practice offers integrated solutions across four critical pillars: Generative Engine Optimization (GEO), AI Risk & Crisis Management, Strategic Intelligence & Analytics, and Organizational AI Transformation.
7 days ago
GEO Group Inc. amends Credit Agreement regarding restricted payments
GEO
Debt Issuance
- The GEO Group, Inc. (GEO) entered into a Second Amendment to Credit Agreement on November 13, 2025.
- This amendment removes the 3.00 to 1.00 total leverage ratio hurdle from one-half of the $150.0 million general carve-out to the Credit Agreement\u2019s restricted payments negative covenant.
- Specifically, GEO may now declare and make Restricted Payments of up to $75,000,000 without the 3.00:1.00 total leverage ratio hurdle, provided no Default or Event of Default exists and GEO complies with other covenants. An additional $75,000,000 in Restricted Payments remains subject to the 3.00:1.00 total leverage ratio hurdle.
Nov 18, 2025, 11:33 AM
Eutelsat Approves €1 Billion Capital Increase for LEO Investments and Debt Reduction
GEO
New Projects/Investments
Board Change
Guidance Update
- Eutelsat has approved a nearly €1 billion reserved capital increase, priced at €4 per share, aimed at strengthening its financial structure and supporting future investments in its Low Earth Orbit (LEO) broadband constellation and the IRIS² project.
- The French State is the largest contributor to this capital increase, increasing its stake to 29.65%, and will have two representatives join Eutelsat's board.
- The company plans to invest up to €2.2 billion in 440 new LEO satellites starting in 2026 and has committed approximately €2 billion to the IRIS² public-private partnership.
- Eutelsat aims to reduce its net debt to adjusted EBITDA ratio to around 2.5x by 2025-26 and targets an adjusted EBITDA margin of at least 60% with revenues between €1.5 and €1.76 billion by 2028-29.
Nov 18, 2025, 10:14 AM
GEO Announces Q3 2025 Financial Results and Updates Full-Year Guidance
GEO
Earnings
Guidance Update
M&A
- GEO reported Q3 2025 revenues of $682,341 thousand and net income attributable to The GEO Group, Inc. of $173,940 thousand, resulting in diluted net income per share of $1.24.
- For the full year 2025, the company provided guidance projecting revenue between $2,575,000 thousand and $2,600,000 thousand, and Adjusted Net Income/Diluted Share between $0.84 and $0.87.
- As of September 30, 2025, GEO's Total Net Leverage stood at 3.21x and Long-Term Debt was $1,552,613 thousand.
- Significant asset transactions during 2025 included the acquisition of Western Region Detention Facility for $60,000 thousand in July and the sale of Lawton Correctional Facility for $312,000 thousand also in July.
Nov 6, 2025, 4:00 PM
GEO Reports Strong Q3 2025 Results, Secures Major Contracts, and Updates Full-Year Guidance
GEO
Earnings
Guidance Update
Share Buyback
- GEO reported Q3 2025 net income attributable to GEO of $174 million or $1.24 per diluted share on revenues of $682 million, compared to $26 million or $0.19 per diluted share on $603 million in Q3 2024.
- The company secured new or expanded contracts representing over $460 million in new incremental annualized revenues, including new ICE facility contracts for approximately 6,000 beds and a new two-year ICE ISAP 5 contract valued over $1 billion.
- GEO reduced its total net debt by approximately $275 million in 2025, closing Q3 with $1.4 billion in total net debt, and increased its stock buyback authorization by $200 million to $500 million.
- Full-year 2025 guidance was updated, with expected GAAP net income of $1.81-$1.85 per diluted share and adjusted EBITDA of $455-$465 million on approximately $2.6 billion in revenues. The company projects approximately $3 billion in annual revenues for 2026.
Nov 6, 2025, 4:00 PM
GEO Group Reports Third Quarter 2025 Results and Increases Share Repurchase Authorization
GEO
Earnings
Guidance Update
Share Buyback
- GEO Group reported total revenues of $682.3 million, net income attributable to GEO of $1.24 per diluted share, and Adjusted EBITDA of $120.1 million for the third quarter of 2025.
- The company updated its full-year 2025 financial guidance, projecting annual revenues of approximately $2.6 billion, GAAP Net Income of $1.81 to $1.85 per diluted share, and Adjusted EBITDA of $455 million to $465 million.
- The Board of Directors increased the share repurchase authorization to $500 million and extended its expiration to December 31, 2029, with $458.4 million of authorization available as of November 6, 2025.
- During the third quarter of 2025, GEO Group completed the sale of the Lawton Correctional Facility for $312 million and the Hector Garza Reentry Center for $10 million, and reduced its net debt by approximately $275 million in the first nine months of 2025.
Nov 6, 2025, 11:30 AM
GEO Group Reports Q3 2025 Results, Increases Share Repurchase Authorization, and Updates Full Year Guidance
GEO
Earnings
Share Buyback
Guidance Update
- For the third quarter of 2025, The GEO Group reported total revenues of $682.3 million and net income of $173.9 million, or $1.24 per diluted share, which included a $232.4 million pre-tax gain on asset divestitures and $37.7 million in non-cash contingent liability and litigation costs. Adjusted net income was $0.25 per diluted share.
- The company updated its full year 2025 financial guidance, expecting annual revenues of approximately $2.6 billion, GAAP net income of $1.81 to $1.85 per diluted share, and Adjusted Net Income of $0.84 to $0.87 per diluted share. Adjusted EBITDA is projected to be in the range of $455 million to $465 million.
- The Board of Directors increased the share repurchase authorization to $500 million, extending the expiration date to December 31, 2029, with approximately $458.4 million remaining available as of November 6, 2025.
- During the first nine months of 2025, GEO Group reduced its net debt by approximately $275 million, bringing the total net debt to approximately $1.4 billion at the end of the third quarter 2025.
- Since the beginning of 2025, the company secured new or expanded contracts representing over $460 million in new incremental annualized revenues expected to normalize in 2026, including significant contracts for ICE facilities, secure transportation, and Florida Department of Corrections facilities.
Nov 6, 2025, 11:00 AM
Quarterly earnings call transcripts for GEO GROUP.
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