The GEO Group Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,632	2,424	2,413	2,377	2,257
Revenue Growth (YoY)	8.58%	0.44%	1.53%	5.32%	-3.98%
Cost of Revenue	1,968	1,774	1,744	1,663	1,629
Gross Profit	663.07	649.22	668.94	713.84	627.57
Selling, General & Admin	235.94	210.97	190.77	196.97	204.31
Operating Expenses	367.98	337.19	316.55	329.9	339.48
Operating Income	295.09	312.04	352.39	383.95	288.08
Interest Expense	-160.52	-190.62	-218.29	-164.55	-129.46
Interest & Investment Income	9.08	8.79	7.79	15.99	24.01
Earnings From Equity Investments	4.53	2.7	4.53	4.77	7.14
Other Non Operating Income (Expenses)	5.51	-	-	-	-
EBT Excluding Unusual Items	153.69	132.9	146.42	240.15	189.77
Merger & Restructuring Charges	-	-2.06	-	-	-
Gain (Loss) on Sale of Assets	232.38	-2.91	4.69	32.33	5.5
Legal Settlements	-37.6	-	-	-	-
Other Unusual Items	-8.45	-86.64	-8.53	-37.9	4.69
Pretax Income	340.03	41.3	142.58	234.59	199.96
Income Tax Expense	85.72	9.4	35.4	62.9	122.73
Earnings From Continuing Operations	254.31	31.9	107.18	171.69	77.23
Minority Interest in Earnings	0.07	0.07	0.14	0.12	0.19
Net Income	254.37	31.97	107.33	171.81	77.42
Preferred Dividends & Other Adjustments	-	2.11	18.22	29.35	6.98
Net Income to Common	254.37	29.86	89.1	142.47	70.44
Net Income Growth	695.76%	-70.22%	-37.53%	121.93%	-31.51%
Shares Outstanding (Basic)	137	131	122	121	120
Shares Outstanding (Diluted)	140	134	124	122	121
Shares Change (YoY)	4.22%	8.38%	1.16%	1.28%	0.62%
EPS (Basic)	1.85	0.23	0.73	1.18	0.59
EPS (Diluted)	1.82	0.22	0.72	1.17	0.58
EPS Growth	727.27%	-69.44%	-38.46%	101.72%	-38.30%
Free Cash Flow	-	163.55	204.78	197.95	213.24
Free Cash Flow Per Share	-	1.22	1.66	1.62	1.77
Dividend Per Share	-	-	-	-	0.250
Dividend Growth	-	-	-	-	-85.95%
Gross Margin	25.20%	26.79%	27.72%	30.04%	27.81%
Operating Margin	11.21%	12.87%	14.60%	16.15%	12.77%
Profit Margin	9.67%	1.23%	3.69%	5.99%	3.12%
Free Cash Flow Margin	-	6.75%	8.49%	8.33%	9.45%
EBITDA	425.63	438.26	478.17	516.87	423.26
EBITDA Margin	16.17%	18.08%	19.81%	21.75%	18.76%
D&A For EBITDA	130.54	126.22	125.78	132.93	135.18
EBIT	295.09	312.04	352.39	383.95	288.08
EBIT Margin	11.21%	12.87%	14.60%	16.15%	12.77%
Effective Tax Rate	25.21%	22.76%	24.83%	26.81%	61.38%

Updated Feb 12, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q