The GEO Group

What The GEO Group does

The GEO Group (NYSE: GEO) is a publicly traded government services contractor founded in 1984 and headquartered in Boca Raton, Florida. The company operates approximately 95 secure correctional, detention, processing, and community reentry facilities with roughly 75,000 total beds across the United States, Australia, South Africa, and the United Kingdom. Its revenue is derived almost exclusively from government contracts through a competitive procurement-based go-to-market motion targeting federal agencies (notably ICE, the Federal Bureau of Prisons, and the U.S. Marshals Service), state departments of correction, and county probation agencies. The company is led by returning founder Dr. George C. Zoley (Chairman & CEO since March 2026) and had approximately 20,000 employees globally as of the most recent reporting period.

The company's service platform is organized into two main lines. GEO Secure Services provides turnkey design, build, finance/lease, management, and operations of secure facilities, plus secure transportation through GEO Transport Inc. and in-custody rehabilitation programming. GEO Care spans residential and non-residential reentry services, electronic monitoring through the BI Incorporated subsidiary (including the TotalAccess software platform serving over 300,000 monitored individuals and 400+ agency customers), and community partnerships. The proprietary GEO Continuum of Care methodology integrates cognitive behavioral treatment with post-release support, serving 31,500+ daily participants worldwide.

Revenue is generated primarily through multi-year managed services contracts on per-diem, per-bed, or subscription-based pricing for monitoring services. ICE-related contracts represent 41.5–51% of total revenue, with other federal, state, county, and international agency contracts comprising the balance. FY2025 revenue was $2.63 billion (up 6% YoY) and Q1 2026 revenue was $705.2 million (up 17% YoY), with FY2026 guidance of $2.95–3.10 billion. The company holds $1.275 billion in senior notes, a $450 million term loan, and a $550 million revolving credit facility, and operates with ACA, ISO, PREA, NCCHC, and Joint Commission accreditations.

Name

The GEO Group

Legal name

The GEO Group, Inc.

Website

https://geogroup.com

Company type

Public

Founded year

1984

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The GEO Group provides evidence-based rehabilitation, correctional management, and reentry services to government agencies, operating approximately 95 secure facilities with 75,000 beds across the U.S., Australia, South Africa, and the UK.

Ownership category

akta.pro rank

Product category

Correctional and Detention Services

NAICS

Correctional Institutions (92214)

SIC

Services-Facilities Support Management Services (8744)

akta.pro primary industry

Geofencing, Security & Theft Recovery (TLABAJAJ)

akta.pro secondary industries

Temporary Housing & Serviced Accommodation Coordination (HSAKACAG), Government & Military Group Transport Charters (THAIAIAH)

Keywords

• Correctional services
• Detention management
• Electronic monitoring
• Reentry services
• Secure transportation

Headquarters

HQ city

Boca Raton

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain

Revenue model

1. ICE Detention Contracts: Immigration and Customs Enforcement detention contracts represent 41.5-51% of total revenue. GEO operates ICE facilities including Adelanto, Delaney Hall, Aurora, Mesa Verde, and others under federal contracts. Revenue generated through per-diem rates for detainee housing, medical services, and facility management.
2. Federal Bureau of Prisons and USMS Contracts: Contracts with Federal Bureau of Prisons and U.S. Marshals Service for correctional and detention services
3. State and County Correctional Services: Management and operations contracts with state and county departments of correction for secure facilities
4. Electronic Monitoring Services (BI Incorporated): GEO's BI Incorporated subsidiary provides electronic monitoring, GPS ankle monitors, and case management services for ICE's Intensive Supervision Appearance Program (ISAP). Revenue from approximately 42,000 monitored individuals. Includes $121M skip tracing contract.
5. GEO Reentry Services: Community-based residential and non-residential reentry centers providing cognitive behavioral treatment, substance abuse counseling, and post-release support services
6. Secure Transportation (GEO Transport Inc.): Secure transportation services for immigration detainees between facilities and court appearances

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

The GEO Group operates as a diversified government services platform providing turnkey correctional, detention, and community reentry solutions. Its core offering encompasses the design, build, finance/lease, management, and operation of secure facilities for federal, state, county, and international government clients, complemented by in-custody evidence-based rehabilitation programming, electronic monitoring through its BI Incorporated subsidiary, secure transportation, and post-release reentry support services.

Product overview

The GEO Group offers a diversified government services platform providing secure facility management and community reentry services. The core offerings consist of GEO Secure Services (design, build, finance/lease, and management/operations of correctional and detention facilities) and GEO Care (rehabilitation and reentry programming). Key sub-brands include GEO Reentry Services (residential and non-residential reentry centers), BI Incorporated (electronic monitoring and the TotalAccess platform), and GEO Transport Inc (secure transportation). The GEO Continuum of Care integrates cognitive behavioral treatment programs with post-release support services. The company also holds contracts for the Intensive Supervision Appearance Program (ISAP) providing GPS monitoring and case management for immigration court individuals. GEO operates approximately 95 facilities with about 75,000 beds across the U.S., Australia, South Africa, and the United Kingdom.

Differentiator

Problem solved

Functional benefit

Brands

• GEO Continuum of Care: Enhanced rehabilitation and reentry programming, including cognitive behavioral treatment, integrated with post-release support services
• GEO Secure Services
• GEO Care
• BI Incorporated
• GEO Reentry Services
• GEO Transport Inc.
• GEO Foundation

Products and services

• GEO Secure Services Turnkey secure services offering for government partners including design, build, finance/lease, management and operations of correctional and detention facilities, along with in-custody evidence-based rehabilitation programs.
• GEO Care Human-centered continuum of care services including residential and non-residential reentry programming, electronic monitoring, and community partnerships for individuals under community supervision.
• GEO Reentry Services Residential and non-residential community-based reentry programs providing temporary housing, employment assistance, rehabilitation and substance abuse counseling, and vocational and education programs to federal and state parolees and probationers.
• BI Incorporated (Electronic Monitoring) Electronic monitoring technologies, case management, and skip tracing services for corrections agencies supervising individuals on parole, probation, and immigration court process; includes the TotalAccess software platform serving over 300,000 monitored individuals.
• GEO Continuum of Care Enhanced rehabilitation and reentry programming combining cognitive behavioral treatment with post-release support services, serving over 31,500 individuals daily in evidence-based programming worldwide.
• GEO Transport Inc. Secure transportation services for the movement of individuals in custody, including transportation officers, drivers, and fleet technicians.
• GEO Design Services Design, build, finance, and lease capabilities for secure correctional and detention facilities developed for government partners.
• Intensive Supervision Appearance Program (ISAP) ICE-administered monitoring program for individuals on the federal government's non-detained docket, providing GPS ankle monitors and intensive case management services, expanded from 17,000 to 42,000 users.

Quantifiable outcome

• 69 GEO facilities achieved ACA Accreditation with average score of 99.71%
• +4 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• U.S. Immigration and Customs Enforcement (ICE)coreOthersICE is GEO's primary government client, representing 41.5-51% of revenue. GEO operates immigration detention facilities, provides electronic monitoring services through ISAP, and offers skip tracing services under ICE contracts.
• Prison FellowshipminorStrategic or Co-development PartnerFaith-based programming partnership for chaplains and religious services at GEO facilities. Mesa Verde ICE Processing Center won 2024 national award. Multiple GEO chaplains received regional Prison Fellowship awards.
• Ronald McDonald House San DiegominorOthersWestern Region Detention Facility partners with Ronald McDonald House for community outreach including toy drives and meal service for families.
• Feed My Starving ChildrenminorOthersCentral Arizona Correctional and Rehabilitation Facility volunteers at Feed My Starving Children to package meals for hungry children worldwide.
• American Correctional Association (ACA)minorOthers69 GEO facilities have achieved ACA Accreditation with an average score of 99.71%, demonstrating compliance with industry-leading correctional standards.
• National Commission on Correctional Health Care (NCCHC)minorOthersGEO facilities maintain health care standards certification through NCCHC for delivering medical services in correctional settings.
• International Organization for Standardization (ISO)minorOthersGEO maintains ISO certifications for quality management systems across operations.
• Victoria Department of Justice (Australia)minorOthersAustralian government partner for Ravenhall Correctional Centre - design, build, finance, and manage contract for 1,300-bed facility including forensic mental health unit.
• Moshannon Valley Economic Development PartnershipminorOthersGEO facility administrators serve on economic development partnership boards and coordinate scholarship programs with local communities.

Scale indicators18 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• CoreCivic: CoreCivic (NYSE: CXW) is the largest direct competitor to GEO in the U.S. private corrections and detention industry. Both companies operate secure facilities for federal (ICE, BOP) and state correctional agencies, with overlapping ICE detention exposure, electronic monitoring capabilities, and reentry services. CoreCivic is the most comparable pure-play peer.
• Management & Training Corporation: Management & Training Corporation (MTC) is a privately held operator of correctional and detention facilities, job corps centers, and educational programs. MTC competes directly with GEO in federal and state correctional facility management and shares the same customer base of government agencies. Comparable in service offerings but smaller scale.
• LaSalle Corrections: LaSalle Corrections is a privately held private prison operator providing secure correctional management, community corrections, and electronic monitoring services. It directly competes with GEO in state and county contracts across the southeastern U.S. and shares the same target customers and service model.

Emerging players

• Emerald Correctional Management: Emerald Correctional Management provides privately operated community corrections and detention services for state and local governments. It is a smaller emerging player in GEO's market, offering overlapping services but at meaningfully smaller scale, often in adjacent regional footprints.

Broad incumbents

• Allied Universal: Allied Universal (formed from G4S acquisition) is a broad security services incumbent providing facility management, security guards, and correctional services across government and commercial sectors. While it offers overlapping capabilities through G4S's corrections division, its portfolio is much wider than GEO's specialized corrections focus.
• Sodexo Justice Services: Sodexo Justice Services operates within the broader Sodexo facilities services platform, providing food services, facility management, and rehabilitation programs in correctional settings. It is a diversified incumbent with overlapping customer relationships in corrections but does not specialize in secure detention facility management.
• Aramark Correctional Services: Aramark provides food services, facility management, and inmate rehabilitation programs within correctional facilities as part of its broader institutional services portfolio. It is a diversified incumbent that competes with GEO in ancillary correctional services but does not own/operate secure detention facilities directly.

Others

• ViaPath Technologies: ViaPath Technologies (formerly Global Tel*Link) provides inmate telephone, communications, and technology services to correctional facilities. It is an ecosystem supplier to corrections operators including GEO, with overlapping customers but a different service offering (technology/infrastructure rather than facility management).
• Securus Technologies: Securus Technologies provides inmate communications, monitoring, and corrections technology solutions. It serves the same correctional facility customers as GEO and is an adjacent technology provider rather than a direct competitor in facility management.
• Palantir Technologies: Palantir's ImmigrationOS platform is used by ICE for immigration enforcement operations, indirectly driving detention demand that GEO's facilities serve. While not a direct competitor, Palantir is an enabling technology partner whose deployment amplifies GEO's addressable demand.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/geonewsroom
• YouTubeyoutube.com/user/TheGEOGroupInc
• Facebookfacebook.com/GEOGroup
• LinkedInlinkedin.com/company/the-geo-group-inc

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries5 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The GEO Group