GEO Group had a record third quarter in 2026, with sales up 12% to $761.1 million.

Nov 5, 2026, 2:25 PM ETResultsRead the original at Benzinga

Good for GEO

GEO Group reported record quarterly sales and adjusted operating profit, and new and expanded contracts are expected to add about $500 million in yearly sales. Some facility openings are expected in 2027, so not all of that added business starts right away.

GEO · GEO Group

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New ICE contracts and expanded services are expected to add about $500 million in yearly sales. Some facility openings are not due until 2027, so that growth will arrive over time. GEO also raised its 2026 forecast and used money from a $950 million property sale to repay debt and buy back shares.

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