Short answer
GEO GROUP INC (GEO) filed its fiscal 2025 10-K annual report with the SEC on Feb 25, 2026. It reported revenue of $2.6B (+8.6% year over year) and net income of $254M.
- Top risk flagged: Regulatory/legal risk related to U.S. Supreme Court appeal in Nwauzor case with potential additional accrual for judgments and impact on company operations
FY2025 key financial metrics · XBRL
- Revenue
- $2.6B
- +8.6% YoY
- Net income
- $254M
- +695.8% YoY
- Operating margin
- 9.8%
- −3.0 pp YoY
- EPS (diluted)
- $1.82
- +727.3% YoY
- ROE
- 16.9%
- +14.5 pp YoY
- Operating cash flow
- $73M
- −70.0% YoY
Source: XBRL data from the GEO GROUP INC (GEO) FY2025 10-K on SEC EDGAR. USD.
GEO GROUP INC FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Business Overview
- Core business model: ownership, leasing, management of secure and community-based facilities plus technology-driven monitoring and reentry services
- New emphasis on electronic monitoring and supervision as a distinct business segment alongside secure, reentry, and international services
- Strategic focus on expanding state-of-the-art facility development leveraging project financing expertise
- Operations scaled to approximately 75,000 beds at 95 facilities worldwide, including idle facilities as of Dec 31, 2025
- Secure transportation services extended internationally via GEOAmey joint venture in UK
Management Discussion & Analysis
- Revenue $2.6B in FY2025, up $0.2B from $2.4B in FY2024, reflecting 8.3% YoY growth
- Average facility occupancy 89.2% in 2025 vs 87.2% in 2024, with 68,157 active beds vs 67,604
- No segment-level performance or cash flow data, buybacks, dividends, or capex details provided
- No forward-looking guidance or key emerging risks mentioned in the MD&A section
Risk Factors
- Regulatory/legal risk related to U.S. Supreme Court appeal in Nwauzor case with potential additional accrual for judgments and impact on company operations
- Geopolitical/macro exposure to foreign exchange instability in Australia, UK, and South Africa affecting joint venture operations
- Operational risk from $23.4M annual carrying costs of eight idle facilities with no firm contracts in place as of 2026
- Competitive risk due to reliance on limited number of government contracts vulnerable to executive orders, terminations, and re-bids
- Financial risk from significant indebtedness with floating rates and covenant restrictions impacting liquidity and debt service obligations
Generated from the filing text; verify against the original. How to read a 10-K
Ask about this 10-K
Compare years, dig into a risk factor or check the numbers against insider trades and fund holders.