secwatch.observer — SEC 8-K summary
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Issuer:     GEO GROUP INC (GEO)
CIK:        0000923796
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001193125-26-207484
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/923796/000119312526207484/0001193125-26-207484-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/923796/000119312526207484/d122560d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-207484

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