The GEO Group Reports Third Quarter 2026 Results and Updates Full Year 2026 Guidance

The GEO Group reported third-quarter 2026 revenue of $761.1 million, up 12% year over year. It updated full-year guidance to revenue of $2.975 billion–$3.025 billion, adjusted net income of $185 million–$190 million, and Adjusted EBITDA of $568 million–$573 million. The company activated ICE processing centers at facilities in Colorado and North Carolina and secured a new 10-year management contract for the Northwest ICE Processing Center in Washington. It also sold the Adelanto Complex to the U.S. government while retaining support-services work under an existing contract through 2034.