Filing Flows › GEO Group (GEO) › Q2 2026
GEO Group (GEO) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
GEO Group (GEO) reported revenue of $732M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +4% from the quarter before. Operating margin was 13.9%, net earnings $47.5M (6.5% of revenue).
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 follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $732M | +4% | +15% |
| Operating profit | $102M | +14% | +41% |
| Net earnings | $47.5M | +24% | +63% |
| Operating cash flow | $80.0M | -49% | +104% |
| Free cash flow | $59.4M | -56% | 25× |
What changed
Revenue was $732.1M in Q2 2026, up 15% year over year and up 4% from the previous quarter. GEO Secure Services was the largest line at 80% of revenue. GEO Secure Services added $97.5M year over year (up 20%), 102% of the total change. Electronic Monitoring and Supervision Services declined 4%.
Operating profit was $101.7M, a 13.9% margin (up 2.6 points year over year). Of the extra revenue versus Q2 2025, 31% reached operating profit, above the 11% margin then. Total costs grew 12% against revenue growth of 15%. The fastest-growing cost line was General & admin (+16%). Net earnings were $47.5M, up 63% year over year. The effective tax rate was 28.5%.
Operating cash flow was $80.0M (up 104% year over year), 169% of net earnings. Non-cash charges added back $34.2M of depreciation and amortization and $4.9M of share-based compensation. Working capital and other items used $6.6M. Capital expenditures of $20.6M left free cash flow of $59.4M.
Questions
What was GEO Group's revenue in the second quarter 2026?
GEO Group (GEO) reported revenue of $732M for the second quarter 2026 (Q2 2026), +15% from a year earlier and +4% from the quarter before.
Was GEO Group profitable in the second quarter 2026?
Operating profit was $102M (13.9% of revenue) and net earnings $47.5M.
Source: GEO Group 10-Q on SEC EDGAR.