Geo Group Q1 revenue up 17% to $705.2M; net income +96%; raises FY guidance

GEO GROUP INC

2026-Q1 EPS reported $0.29 revenue$705,213,000

Revenue $705.2M vs $604.6M YoY (+17%); net income $38.3M (+96%); adjusted EBITDA $131.4M (+32%).
Repurchased 3.6M shares for $50M in Q1; remaining authorization $359M.
FY2026 guidance raised: revenues $2.95-3.10B; net income $153-166M ($1.15-1.25/sh); adj. EBITDA $525-545M.
New/expanded contracts in 2025 represent up to $520M in annualized revenue; ISAP GPS participants rose to 48K from 17K.
Total net debt ~$1.53B, net leverage below 3.2x; credit facility expanded by $100M in January 2026.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GEO GROUP INC reported first quarter ended March 31, 2026 results: revenue $705.2 million, net income $38.3 million, EPS $0.29 per diluted share. Guidance raised.

Period: first quarter ended March 31, 2026
Revenue: $705.2 million
Net income: $38.3 million
EPS: $0.29 per diluted share
Guidance: raised
Result: reported results

Exact text from the filing

1Q26 Revenues Increased 17% to $705.2 Million • 1Q26 Net Income Attributable to GEO Operations Increased 96% to $38.3 Million • 1Q26 Adjusted EBITDA Increased 32% to $131.4 Million

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Source: SEC EDGAR

accession 0001193125-26-207484

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