Filing Flows › GEO Group (GEO) › Q3 2026 › vs Q3 2025
GEO Group (GEO) Q3 2026 vs Q3 2025 (year over year)
GEO Group's revenue rose $78.7M (+12%) from $682M in Q3 2025 to $761M in Q3 2026. The biggest changes: GEO Secure Services +$75.8M (+14%); Reentry Services +$1.6M (+2%); Electronic Monitoring and Supervision Services +$1.3M (+2%). Operating margin 13.5% against 6.0% (+7.5 pts).
GEO Group, Q3 2026: revenue $761M (+12% year over year), operating margin 13.5%, net earnings $49.2M, operating cash flow $209M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 13.5% | 6.0% | +7.5 pts |
| Net margin | 6.5% | 25.5% | -19.0 pts |
| Free cash flow margin | 23.2% | -2.1% | +25.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| GEO Secure Services | $605M | $529M | $75.8M | +14% |
| Electronic Monitoring and Supervision Services | $81.8M | $80.5M | $1.3M | +2% |
| Reentry Services | $74.3M | $72.7M | $1.6M | +2% |
| Revenue | $761M | $682M | $78.7M | +12% |
| Operating profit | $102M | $40.7M | $61.7M | +152% |
| Costs & expenses | $659M | $642M | $17.0M | +3% |
| Pre-tax earnings | $67.1M | $230M | −$163M | -71% |
| Other expense, net | $35.3M | −$190M | $225M | — |
| General & admin | $72.1M | $62.1M | $10.0M | +16% |
| Other operating costs | $587M | $580M | $7.0M | +1% |
| Net earnings | $49.2M | $174M | −$125M | -72% |
| Income tax | $17.9M | $56.4M | −$38.5M | -68% |
| Depreciation & amortization | $34.2M | $33.0M | $1.1M | +3% |
| Share-based compensation | $5.0M | $7.6M | −$2.6M | -34% |
| Working capital & other | $121M | −$135M | $256M | — |
| Operating cash flow | $209M | $79.6M | $129M | +163% |
| Free cash flow (OCF − capex) | $177M | −$14.1M | $191M | — |
| Capital expenditures | $32.4M | $93.7M | −$61.3M | -65% |
Questions
How much did GEO Group's revenue grow year over year in Q3 2026?
GEO Group's revenue rose $78.7M (+12%) from $682M in Q3 2025 to $761M in Q3 2026.
What drove GEO Group's revenue change in Q3 2026?
GEO Secure Services +$75.8M (+14%); Reentry Services +$1.6M (+2%); Electronic Monitoring and Supervision Services +$1.3M (+2%).