Filing Flows › GEO Group (GEO) › Q2 2026 › vs Q2 2025
GEO Group (GEO) Q2 2026 vs Q2 2025 (year over year)
GEO Group's revenue rose $95.9M (+15%) from $636M in Q2 2025 to $732M in Q2 2026. The biggest changes: GEO Secure Services +$97.5M (+20%); Electronic Monitoring and Supervision Services −$2.8M (-4%); Reentry Services +$1.1M (+2%). Operating margin 13.9% against 11.3% (+2.6 pts).
GEO Group, Q2 2026: revenue $732M (+15% year over year), operating margin 13.9%, net earnings $47.5M, operating cash flow $80.0M. The chart draws each line against Q2 2025, the increases inside each band.
Margins
| Q2 2026 | Q2 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.9% | 11.3% | +2.6 pts |
| Net margin | 6.5% | 4.6% | +1.9 pts |
| Free cash flow margin | 8.1% | 0.4% | +7.7 pts |
Every line
| Line | Q2 2026 | Q2 2025 | Change | % |
|---|---|---|---|---|
| GEO Secure Services | $583M | $486M | $97.5M | +20% |
| Electronic Monitoring and Supervision Services | $76.2M | $78.9M | −$2.8M | -4% |
| Reentry Services | $72.4M | $71.3M | $1.1M | +2% |
| Revenue | $732M | $636M | $95.9M | +15% |
| Operating profit | $102M | $72.0M | $29.7M | +41% |
| Costs & expenses | $630M | $564M | $66.2M | +12% |
| Pre-tax earnings | $66.3M | $39.6M | $26.7M | +67% |
| Other expense, net | $35.4M | $32.3M | $3.0M | +9% |
| General & admin | $65.5M | $56.2M | $9.2M | +16% |
| Other operating costs | $565M | $508M | $56.9M | +11% |
| Net earnings | $47.5M | $29.1M | $18.4M | +63% |
| Income tax | $18.9M | $10.6M | $8.3M | +79% |
| Depreciation & amortization | $34.2M | $32.7M | $1.5M | +4% |
| Share-based compensation | $4.9M | $5.5M | −$583K | -11% |
| Working capital & other | $6.6M | $28.1M | −$21.6M | -77% |
| Operating cash flow | $80.0M | $39.2M | $40.8M | +104% |
| Free cash flow (OCF − capex) | $59.4M | $2.4M | $57.0M | 25× |
| Capital expenditures | $20.6M | $36.8M | −$16.2M | -44% |
Questions
How much did GEO Group's revenue grow year over year in Q2 2026?
GEO Group's revenue rose $95.9M (+15%) from $636M in Q2 2025 to $732M in Q2 2026.
What drove GEO Group's revenue change in Q2 2026?
GEO Secure Services +$97.5M (+20%); Electronic Monitoring and Supervision Services −$2.8M (-4%); Reentry Services +$1.1M (+2%).