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GEO GROUP INC (GEO) filed an 8-K current report with the SEC on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 results covered the quarter ended June 30, 2026.
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Item 2.02 · Results of Operations and Financial Condition
- Q2 2026 results covered the quarter ended June 30, 2026
- Updated full-year 2026 financial guidance through December 31, 2026
- Issued Q3 guidance for the quarter ending September 30, 2026
- Issued Q4 guidance for the quarter ending December 31, 2026
- Press release contains the underlying results and guidance details
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue rose 15% to $732.1M, while net income attributable to GEO Operations increased 63% to $47.5M
- Adjusted EBITDA climbed 20% to $142.0M, reflecting contract-driven growth and lower labor costs
- FY26 guidance increased to $2.95B-$3.05B revenue, $168M-$175M net income, and $550M-$560M Adjusted EBITDA
- New five-year ICE contracts could add approximately $165M annual revenue from Big Horn and Rivers once normalized in early 2027
- GEO repurchased 1.6M shares for $36.6M in Q2, with $323M remaining under the $500M authorization
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