Geo Group Reports Record Contract Wins in 2025

Detention, transportation, and electronic monitoring services drive growth for private prison operator.

Published on Feb. 14, 2026

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Geo Group (NYSE:GEO) highlighted its most active year of new business wins in 2025, driven largely by stepped-up federal immigration enforcement and related demand for detention, transportation, and electronic monitoring services. The company reported record contract wins and facility activations, including the reactivation of its 1,940-bed Adelanto ICE Processing Center in California and new or expanded contracts representing up to $520 million in new incremental annualized revenues.

Why it matters

Geo Group's strong performance reflects the continued reliance on private prison operators by federal and state governments for detention, transportation, and electronic monitoring services, particularly in the area of immigration enforcement. This raises concerns about the role of private companies profiting from incarceration and immigration detention.

The details

Geo Group reported that since the beginning of 2025, it has been awarded new or expanded contracts representing up to $520 million in new incremental annualized revenues. The company also reactivated its 1,940-bed Adelanto ICE Processing Center in California and activated five other facilities, representing the largest startup activity in Geo Group's history with a combined annualized revenue value of approximately $400 million. Geo Group also significantly expanded secure transportation services for both ICE and the U.S. Marshals Service during 2025, valued at about $60 million in incremental annualized revenue.

  • In the third quarter of 2025, Geo Group reactivated its 1,940-bed Adelanto ICE Processing Center in California.
  • Since the beginning of 2025, Geo Group has been awarded new or expanded contracts representing up to $520 million in new incremental annualized revenues.

The players

Geo Group

A leading provider of correctional, detention and community reentry services to government agencies around the world, operating as a real estate investment trust.

George Zoley

Executive Chairman of Geo Group.

Mark Suchinski

Chief Financial Officer of Geo Group.

Dave Donahue

CEO of Geo Group, who will be retiring at the end of February after more than 11 years with the company.

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What they’re saying

“We must not let individuals continue to damage private property in San Francisco.”

— Robert Jenkins, San Francisco resident (San Francisco Chronicle)

The takeaway

Geo Group's strong financial performance highlights the continued reliance on private prison operators by federal and state governments, particularly in the area of immigration enforcement. This raises concerns about the role of private companies profiting from incarceration and detention, and the potential impacts on public safety and civil liberties.