Filing Flows › GEO Group (GEO) › Q4 2025
GEO Group (GEO) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 25, 2026
GEO Group (GEO) reported revenue of $708M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and +4% from the quarter before. Operating margin was 11.8%, net earnings $31.8M (4.5% of revenue).
GEO Group, Q4 2025: revenue $708M (+16% year over year), operating margin 11.8%, net earnings $31.8M, operating cash flow −$117M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $708M | +4% | +16% |
| Operating profit | $83.8M | +106% | +23% |
| Net earnings | $31.8M | -82% | +105% |
| Operating cash flow | −$117M | -247% | — |
What changed
Revenue was $707.7M in Q4 2025, up 16% year over year and up 4% from the previous quarter. GEO Secure Services was the largest line at 78% of revenue.
Operating profit was $83.8M, a 11.8% margin (up 0.7 points year over year). Of the extra revenue versus a year earlier, 16% reached operating profit, above the 11% margin then. Total costs grew 16% against revenue growth of 16%. The fastest-growing cost line was Other operating costs (+18%). Net earnings were $31.8M, up 105% year over year. The effective tax rate was 34.8%.
Operating cash flow was −$117.3M. Non-cash charges added back $34.1M of depreciation and amortization and $4.0M of share-based compensation. Working capital and other items used $187.2M. Capital expenditures of $36.2M exceeded it, leaving free cash flow of −$153.6M.
Questions
What was GEO Group's revenue in the fourth quarter 2025?
GEO Group (GEO) reported revenue of $708M for the fourth quarter 2025 (Q4 2025), +16% from a year earlier and +4% from the quarter before.
Was GEO Group profitable in the fourth quarter 2025?
Operating profit was $83.8M (11.8% of revenue) and net earnings $31.8M.
Source: GEO Group 10-K on SEC EDGAR.