GEO Group reports Q4 revenue beat amid record new contract wins

The GEO Group (NYSE:GEO) shares edged lower in pre-market trading Thursday despite reporting a revenue beat and what leadership called the most successful year for new business wins in the company's history.

The Boca Raton-based provider of secure facilities and electronic monitoring reported fourth-quarter revenue of $707.7 million, a 16.5% jump from the prior year that surpassed analyst estimates.

Net income for the quarter reached $31.8 million, or $0.23 per diluted share.

For the full year 2025, GEO's net income soared to $254.4 million, largely bolstered by the strategic $232 million gain from the sale of its Lawton Facility earlier in the year.

CEO George Zoley noted that the company secured new or expanded contracts in 2025 expected to generate $520 million in annualized revenue, setting a firm foundation for a bullish 2026.

Management also issued initial guidance for the coming year, projecting revenue between $2.9 billion and $3.1 billion and adjusted EBITDA of $490 million to $510 million.