Highest-materiality recent filing
Geo Group Q1 revenue up 17% to $705.2M; net income +96%; raises FY guidance
Revenue $705.2M vs $604.6M YoY (+17%); net income $38.3M (+96%); adjusted EBITDA $131.4M (+32%).
GEO Group annual meeting: all directors elected; say-on-pay passes with ~28% opposed
Seven directors elected; Jack Brewer received 20.2M against votes (21.5% of votes cast).
GEO Group CFO Mark Suchinski to depart; Shayn March named new CFO effective April 1, 2026
Mark Suchinski leaves March 31, 2026 to relocate and join another industry.
GEO Q4 revenues $707.7M (+16% YoY); adjusted EPS $0.25 vs $0.13; FY26 rev guidance $2.9-$3.1B
Q4 revenue $707.7M (+16% YoY); adj. net income $0.25/diluted vs $0.13 in Q4 2024.
GEO Group CEO J. David Donahue retiring Feb 28; founder George Zoley returns as CEO
Donahue to receive $104,167/month consulting fee from Mar 2026 through Feb 2028 under Consultant Agreement.
GEO Group upsizes revolving credit facility by $100M to $550M
Revolving facility commitments increased from $450M to $550M effective Jan 20, 2026.
Geo Group General Counsel Joe Negron to retire Dec 31, 2025; will consult for 2 years
Senior VP, General Counsel & Corporate Secretary Joe Negron notified GEO of retirement effective Dec 31, 2025.
GEO amends credit agreement to relax restricted payment covenant, enabling $75M payments
Removes 3.00x total leverage ratio test from half of the $150M restricted payments carve-out.
GEO Q3 revenue $682.3M, net income $173.9M ($1.24/diluted); buyback authorization raised to $500M
Q3 revenue $682.3M, net income $173.9M ($1.24 diluted); adjusted EPS $0.25 vs $0.21 prior year.
GEO Group enters JV to manage 1,310-bed Florida detention facility
Joint venture with an unnamed contractor to manage the 1,310-bed North Florida Detention Facility in Baker County, FL.
Ninth Circuit denies GEO rehearing; $37.6M judgment stands in detainee wage case
Ninth Circuit denied GEO's petition for panel rehearing and rehearing en banc in two detainee minimum wage cases.
GEO Group Reports Q2 2025 Revenue of $636M, Net Income $29.1M, and Authorizes $300M Share Buyback
Q2 2025 total revenues reached $636.2 million, up from $607.2 million in Q2 2024.
GEO upsizes revolver to $450M, extends maturity to 2030, repays $132M Term Loan B
Revolver commitments increased from $310M to $450M; maturity extended to July 14, 2030.
GEO Group extends Executive Chairman Zoley's term to 2029, raises target bonus/stock to 150%
Executive Chairman George Zoley's employment term extended from June 30, 2026 to April 2, 2029.
GEO Group sells Lawton Correctional Facility to Oklahoma for $312M; expects close July 25, 2025
Sale price of $312M for Lawton Correctional Facility; expected close July 25, 2025.
GEO Group Q1 revenue $604.6M, net income $19.6M; FY25 EPS guidance $0.77-$0.89
Q1 revenue $604.6M (flat YoY); net income $19.6M ($0.14 diluted EPS) vs $22.7M ($0.14) in Q1 2024.
GEO Group shareholders elect all directors; Julie Myers Wood sees 23M against votes
All seven director nominees elected; Julie Myers Wood received 76.3M for, 22.98M against (highest dissent).
Investor Day held on March 20, 2025; presentation attached as Exhibit 99.1.
Q4 2024: Net income $15.5M ($0.11 diluted); adjusted net income $0.13 diluted.
Director Andrew N. Shapiro resigns from GEO Group board for personal reasons
Andrew N. Shapiro resigned from the Board and all committee positions effective January 6, 2025.
GEO CEO Brian Evans retires; David Donahue named successor; $70M ICE expansion plan
CEO Brian Evans retires Dec 31, 2024; separation agreement provides $85,834/month through Dec 2026 and immediate vesting of unvested equity.
GEO Group files 8-K furnishing investor presentation; no specific financial data in filing text
Filing includes Item 7.01 disclosure of a slide presentation to be used with investors from Dec 3, 2024.
GEO Group Secure Services President James Black retiring; Paul Laird named successor
James H. Black retires as SVP and President Secure Services effective Dec 31, 2024; will serve as consultant.
GEO Q3 rev flat at $603M; adj EPS $0.21; Q4 rev guidance $600-610M
Q3 GAAP net income $26.3M ($0.19/sh) vs $24.5M ($0.16) year ago; adj. net income $29.1M ($0.21) vs $23.6M ($0.19).
GEO exchanges $300K of 6.5% exchangeable notes for ~$0.5M in cash and stock
$300,000 aggregate principal of 6.50% Exchangeable Senior Notes due 2026 exchanged for cash and common stock valued at ~$0.5M.
GEO Group furnishes Q2 2024 investor presentation, no new financial data disclosed
Investor presentation for Q2 2024 made available on August 20, 2024.
GEO Q2 revenue $607.2M, net loss $0.25/sh on $82.3M debt extinguishment; Adj EPS $0.23
Q2 2024 revenue $607.2M (+2.2% YoY); net loss $32.5M ($0.25 diluted) vs net income $29.6M ($0.20) in Q2 2023.
GEO extends note exchange offer; 99.9% secured, 99.85% unsecured tendered
Exchange offer extended to July 23, 2024 from July 16, 2024.
GEO appoints D.F. King as exchange agent for $1.275B debt exchange offer
Appointed D.F. King & Co. as exchange agent for up to $650M 8.625% Senior Secured Notes due 2029 and $625M 10.250% Senior Notes due 2031.
GEO Group exchanges $5.86M of 6.50% notes due 2026 for $9.7M cash and stock (65% premium)
Exchanged $5.86M principal of 6.50% Exchangeable Senior Notes due 2026 for estimated $9.7M cash and common stock (65% premium).
GEO Group appoints Donna Kauranen to board, expands board to nine members
Board expanded from 8 to 9 members; Donna Arduin Kauranen appointed as director effective June 12, 2024.
GEO Group appoints Mark J. Suchinski as CFO effective July 8, 2024
Suchinski previously CFO of Spirit AeroSystems; brings finance and manufacturing experience.
GEO Group furnishes investor presentation; no specific financial data in filing
GEO Group furnished an investor presentation under Regulation FD on June 10, 2024.
GEO Group exchanges $46.4M of 6.50% notes for $75.3M in cash/stock, reducing outstanding by 88%
Exchanged $46.4M aggregate principal of 6.50% Exchangeable Senior Notes due 2026 for estimated $75.3M in cash and common stock.
GEO Q1 revenue $605.7M, net income $22.7M; guides FY24 Adj. EBITDA $485M-$515M
Q1 total revenue $605.7M (vs $608.2M Q1 2023); net income $22.7M (vs $28.0M); Adj. EBITDA $117.6M (vs $130.9M).
GEO shareholders approve 12.4M share stock plan increase and raise authorized shares to 225M
Shareholders approved Second Amended and Restated 2018 Stock Incentive Plan, increasing shares available by 12,400,000.
On January 6, 2025, Andrew N. Shapiro resigned from the Board of Directors (the “Board”) and all Board committee positions of The GEO Group, Inc. (“GEO” or the “Company”) effective as of January 6, 2025 for personal reasons.
the Board appointed Ms. Donna Arduin Kauranen to serve as a director on the Board of GEO for a term expiring at the 2025 annual meeting of shareholders
On June 4, 2024, the Board of Directors of The GEO Group, Inc. (“GEO” or the “Company”) approved the appointment of Mark J. Suchinski as Senior Vice President and Chief Financial Officer, effective July 8, 2024.
Max materiality 0.90 · Median 0.55 · Most common event earnings