GEO Group's second quarterly earnings report reveals a significant revenue increase to $636.2 million, reflecting a growing demand for private detention services. Under the Trump administration's immigration policies, the company has gained lucrative contracts for approximately 20,000 beds across 21 facilities. The executive chairman highlighted unprecedented growth opportunities fueled by the government's expansion of its detention and deportation agenda. Although expenses rose by about 7 percent, investments in technology and infrastructure have been increased to meet ICE's requirements, with net debts reported at approximately $1.7 billion.
GEO Group reported total revenues of $636.2 million for the second quarter of 2025, an increase from $607.2 million in Q2 2024, with expanding contracts under ICE.
The Trump administration's focus on mass detention and deportation has led to unprecedented growth opportunities for GEO Group, reflecting a significant utilization of their facilities.
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