The GEO Group financials
$30.96+2.45%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.63B | $2.42B | $2.41B | $2.38B | $2.26B | $2.35B | $2.48B | $2.33B | $2.26B | $2.18B |
| Gross profit | $2.63B | $2.42B | $2.41B | $2.38B | $2.26B | $2.35B | $2.48B | $2.33B | $2.26B | $2.18B |
| Gross margin | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Operating income | $257.5M | $310.0M | $352.4M | $383.9M | $288.1M | $229.4M | $303.1M | $264.7M | $248.3M | $265.6M |
| Net income | $254.4M | $29.9M | $89.1M | $142.5M | $70.4M | $113.0M | $166.6M | $145.1M | $146.2M | $148.7M |
| Net margin | 9.7% | 1.2% | 3.7% | 6.0% | 3.1% | 4.8% | 6.7% | 6.2% | 6.5% | 6.8% |
| Diluted EPS | $1.82 | $0.22 | $0.72 | $1.17 | $0.58 | $0.94 | $1.40 | $1.20 | $1.21 | $1.33 |
| EBITDA | $427.1M | $436.2M | $478.2M | $516.9M | $423.3M | $385.2M | $433.9M | $391.1M | $372.6M | $380.5M |
| Operating cash flow | $72.6M | $242.2M | $277.8M | $296.4M | $282.6M | $441.7M | $338.1M | $274.5M | $381.0M | -$28.0M |
| Free cash flow | -$124.9M | $163.5M | $204.8M | $206.4M | $213.2M | $332.9M | $220.9M | $78.8M | $232.6M | -$109.6M |
| Diluted shares | 139.7M | 134.1M | 123.7M | 122.3M | 120.7M | 120.0M | 119.3M | 120.7M | 120.8M | 111.5M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $69.0M | $76.9M | $94.0M | $95.1M | $506.5M | $283.5M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $1.65B | $1.71B | $1.78B | $1.98B | $2.94B | $2.92B |
| Total assets | $3.84B | $3.63B | $3.70B | $3.76B | $4.54B | $4.46B |
| Total liabilities | $2.34B | $2.30B | $2.41B | $2.60B | $3.56B | $3.55B |
| Shareholders' equity | $1.50B | $1.33B | $1.29B | $1.17B | $975.0M | $912.1M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology