GEO : 1Q26 Supplemental Disclosure

Published: 2026-05-06 06:13:28 ET GEO

Published on 05/06/2026 at 06:13 am EDT

Supplemental Information

First Quarter 2026

The GEO Group, Inc.'s ("GEO") Unaudited Reconciliation Tables and Supplemental Disclosure presented herein speak only as of the date or period indicated, and GEO does not undertake any obligation, and disclaims any duty to update any of this information, except as required by law. GEO's future financial performance is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect GEO's future financial results are discussed more fully in our reports on Form 10-K, Form 10-Q, and Form 8-K filed with the Securities and Exchange Commission ("SEC"). Readers are advised to refer to these reports for additional information concerning GEO.

The results presented herein are shown as of March 31, 2026.

1 https://www.geogroup.com

Company Profile

Condensed Consolidated Balance Sheets Condensed Consolidated Statement of Operations

Reconciliation of Net Income to EBITDA and Adjusted EBITDA and Reconciliation of Net Income/dributabIe to GE0 Operations to Adjusted Net Income

Reconciliation of Net Income Attributable to GE0 Operations to Net Operating Income (NOI)

Financial Summary -1

Financial Summary -2 Global Operations Profile Portfolio Operating kétrics Customer Data

Capital Expenditures

Debt kbturity Schedule Outstanding Debt Acquisitions/Dispositions Idle Facilities

Property List Definitions

18-22

The GEO Group, Inc. (NYSE: GEO) is a leading diversified government service provider, specializing in design, financing, development, and support services for secure facilities, processing centers, and community reentry centers in the United States, Australia, South Africa, and the United Kingdom. GEO's diversified services include enhanced in-custody rehabilitation and post-release support through the award-winning GEO Continuum of Care®, secure transportation, electronic monitoring, community-based programs, and correctional health and mental health care. GEO's worldwide operations include the ownership and/or delivery of support services for 96 facilities totaling approximately 75,000 beds, including idle facilities and projects under development, with a workforce of up to approximately 20,000 employees.

GEO's mission is to develop innovative public-private partnerships with government agencies around the globe that deliver high quality, cost-efficient solutions while providing enhanced rehabilitation and community reintegration programs to the men and women entrusted to GEO's Care.

2026 Guidance Summary *

Low-End

Mid-Point

High-End

Revenue

$ 2,950,000

$ 3,025,000

$ 3,100,000

Adjusted EBITDA

$ 525,000

$ 535,000

$ 545,000

Net Income Attributable to GEO Operations /Diluted Share

$ 1.15

$ 1.20

$ 1.25

Growth $20,000 to $30,000 Technology $27,500 to $32,500

Facility Maintenance $90,000 to $100,000

Capital Expenditures $137,500 to $162,500

Company Profile

March 31, 2026

As of

December 31, 2025

As of

(unaudited) (unaudited)

ASSETS

Cash and cash equivalents

80,217

$ 68,995

Restricted cash and cash equivalents

2,998

Accounts receivable, less allowance for doubtful accounts 573,375 593,463

Prepaid expenses and other current assets 45,272 53,073

Total current assets $ 698,864 $ 718,529

Restricted Cash and Investments 188,261 179,366

Property and Equipment, Net 1,870,534 1,884,198

Operating Lease Right-of-Use Assets, Net 67,340 72,294

Deferred Income Tax Assets 9,396 9,396

Intangible Assets, Net (including goodwill) 871,445 873,360

Other Non-Current Assets 106,398 106,479

Total Assets

$ 3,812,238 $ 3,843,622

LIABILITIES AND SHAREHOLDERS' EQUITY

Accounts payable $ 59,075 $ 58,727

Accrued payroll and related taxes 107,610 82,086

Accrued expenses and other current liabilities 214,208 197,530

Operating lease liabilities, current portion 16,107 17,193

Current portion of finance lease obligations, and long-term debt 1,344 1,355

Total current liabilities $ 398,344 $ 356,891

Deferred Income Tax Liabilities 99,689 99,689

Other Non-Current Liabilities 176,205 176,083

Operating Lease Liabilities 53,527 57,557

Long-Term Debt 1,588,917 1,649,268

Total Shareholders' Equity 1,495,556 1,504,134

Total Liabilities and Shareholders' Equity

$ 3,812,238 $ 3,843,622

* All figures in '000s

Condensed Consolidated Balance Sheets *

Q1 2026

Q1 2025

(unaudited)

Revenues

$ 705,213

$ 604,647

Operating expenses

521,509

453,778

Depreciation and amortization

33,830

32,136

General and administrative expenses

60,575

57,749

Operating income

89,299

60,984

Interest income

1,672

1,997

Interest expense

(38,301)

(42,441)

Income before income taxes and equity in earnings of affiliates

52,670

20,540

Provision for income taxes

15,026

1,826

Equity in earnings of affiliates, net of income tax provision

662

828

Net income

38,306

19,542

Less: Net loss attributable to noncontrolling interests

Net Income Attributable to The GEO Group, Inc. Operations

$ 38,334

$ 19,558

Weighted Average Common Shares Outstanding:

Basic

132,612

137,143

Diluted

134,055

140,915

Net Income per Common Share Attributable to The GEO Group, Inc. Operations Basic:

Net income per share - basic

$ 0.29 $

0.14

Diluted:

Net income per share - diluted

$ 0.29 $

0.14

* All figures in '000s, except per share data

Condensed Consolidated Statement of Operations *

Q1 2026

Q1 2025

(unaudited)

Net income $ 38,306

$ 19,542

Add:

Income tax provision **

15,242

2,056

Interest expense, net of interest income

36,629

40,444

Depreciation and amortization

33,830

32,136

EBITDA

$ 124,007

$ 94,178

Add (Subtract):

Net loss attributable to noncontrolling interests

Stock based compensation expenses, pre-tax

7,766

6,488

Transaction fees, pre-tax

166

Employee restructuring expenses, pre-tax

199

Close-out expenses, pre-tax

Other non-cash revenue & expenses, pre-tax

(775)

(972)

Adjusted EBITDA

$ 131,411

$ 99,765

Net Income Attributable to The GEO Group, Inc. Operations

$ 38,334

$ 19,558

Transaction fees, pre-tax

166

Employee restructuring expenses, pre-tax

199

Close-out expenses, pre-tax

Tax effect of adjustment to net income attributable to GEO Operations (1)

(97)

(14)

Adjusted Net Income

$ 38,622

$ 19,599

Weighted average common shares outstanding - Diluted

134,055

140,915

Adjusted Net Income per Diluted Share

$ 0.29

$ 0.14

Reconciliation of Net Income to EBITDA and Adjusted EBITDA, and Net Income Attributable to GEO Operations to Adjusted Net Income *

* All figures in '000s.

** Includes income tax provision on equity in earnings of affiliates.

(1) Tax adjustment related to transaction fees, employee restructuring expenses, and close-out expenses.

Reconciliation of Net Income Attributable to GEO Operations to Net Operating Income (NOI) *

Q1 2026

Q1 2025

(unaudited) (unaudited)

Net Income Attributable to The GEO Group, Inc. Operations $ 38,334 $ 19,558

Less

Net loss attributable to noncontrolling interests 28 16

Net Income $ 38,306 $ 19,542

Add (Subtract):

Equity in earnings of affiliates, net of income tax provision

(662)

(828)

Income tax provision

15,026

1,826

Interest expense, net of interest income

36,629

40,444

Depreciation and amortization

33,830

32,136

General and administrative expenses

60,575

57,749

Net Operating Income, net of operating lease obligations

$ 183,704

$ 150,869

Add:

Operating lease expense, real estate

3,566

4,709

Net Operating Income (NOI)

$ 187,270

$ 155,578

* All figures in '000s.

Q1 2026

Q1 2025

(unaudited) (unaudited)

Market Capitalization ** $ 2,247,071 $ 4,124,610

Share Price ** $ 16.81 $ 29.21

Revenues *

Owned and Leased: Secure Services $ 375,874 $ 305,623

Owned and Leased: Reentry Services 41,692 39,751

Managed Only 183,062 149,468

Electronic Monitoring and Supervision Services 74,244 77,713

100,571

13,511

31,701

32,320

9,167

73,963

12,642

23,111

35,852

10,010

3,454

3,223

14,280

9,414

9,976

9,630

29,020

20,957

Adjusted EBITDA * $ 131,411 $ 99,765

Net Income Attributable to The GEO Group, Inc. Operations $ 38,334 $ 19,558

155,578

187,270

604,647

705,213

Non-Residential Services & Other 30,341 32,092

Net Operating Income (NOI) *

Owned and Leased: Secure Services $ Owned and Leased: Reentry Services

Managed Only

Electronic Monitoring and Supervision Services Non-Residential Services & Other

Capital Expenditures * **

Growth $

Technology

Facility Maintenance

* Figures in '000s, except per share data

** As of quarter-end

Financial Summary

Q1 2025

Q1 2026

Portfolio *

Owned and Leased: Secure Services

Owned and Leased: Reentry Services

Managed Only & Other

Owned and Leased: Secure Services **

Revenue Producing Beds

36,535

35,455

Occupancy

89%

85%

Compensated Mandays

2,915,470

2,698,173

Square Feet

6,222,907

6,900,341

Idle Facilities: Design Capacity - Beds

5,896

6,564

Square Feet

1,439,169

1,255,215

Owned and Leased: Reentry Services **

Revenue Producing Beds

5,497

Occupancy

83%

84%

Compensated Mandays

411,008

414,330

Square Feet

862,102

Available beds at active facilities

Idle Facilities: Design Capacity - Beds

750

889

Square Feet

103,135

177,923

Managed Only **

Revenue Producing Beds

22,624

21,919

Occupancy

96%

Compensated Mandays

1,963,067

1,889,582

Square Feet

6,602,976

6,351,338

U.S.

3,734,573

3,482,935

International

2,868,403

Non-Residential Units ***

Day Reporting Centers (1)

626,497

632,301

Electronic Monitoring and Supervision Services (2)

33,781,774

33,107,254

* Excludes idle facilities.

** Revenue producing beds, occupancy, compensated mandays and square feet exclude Great Plains Correctional Facility, Guadalupe County Correctional Facility, and Youth facilities for which GEO has a management consulting agreement, idle facilities, and projects under activation/construction.

*** Non-Residential Units presented in the table are calculated based on number of days within the period multiplied by number of units. Excludes In-Prison treatment participants.

Reentry Services Non-Residential Units include home confinement populations and day reporting center participants.

Electronic Monitoring and Supervision Services Non-Residential Units include electronic monitoring services and Intensive Supervision and Appearance Program ("ISAP") participants.

Financial Summary

Global Operating Portfolio by

Region *

United States

Facilities

Current Beds

Beds 1-Yr Ago

Texas

17,736

17,875

California

6,623

Pennsylvania

3,378

3,350

Florida

7,061

5,751

Alaska

705

Colorado

2,810

Arizona

5,930

Georgia

5,254

Louisiana

3,654

New Mexico

1,984

New Jersey

1,604

2,162

Indiana

4,262

Illinois

170

Oklahoma

1,940

4,328

Michigan

1,800

Washington

1,575

North Carolina

1,320

Alabama

722

Wyoming

342

New York

172

Kansas

136

Nevada

124

Utah

115

Ohio

100

South Dakota

United States Total:

69,585

71,332

International

Facilities

Current Beds

Beds 1-Yr Ago

Australia

2,222

South Africa

3,024

International Total:

5,246

Global:

74,831

76,578

Global Operating Portfolio by Facility Ownership **

Company Owned

50,380

52,137

Company Leased

1,662

2,990

Managed - Only

22,789

21,451

Total

74,831

76,578

* Data includes all active facilities and idle beds.

Global Operations Profile

Eastern Region (FL,GA,IN)

Western Region (AZ) Reentry Services

# of Facilities (1)

United States (Ex-Federal) Total:

Eastern Region (FL,GA,LA,MI,NJ,PA)

Central Region (TX)

Western Region (CA,CO,WA)

Reentry Services

United States (Federal) Total:

Australia

South Africa

International Total:

Electronic Monitoring and Supervision Services Reentry Services

Non-Residential Total:

N/A

Owned, Non-Managed & Mgmt Fee only (2)

Idle Facilities

Other Total (3):

Global Total:

Sq. Ft.

2,368,940

1,166,385

689,442

4,224,767

2,386,505

2,311,544

1,653,799

242,967

6,594,815

2,222,569

645,834

2,868,403

N/A

1,132,590

1,542,304

2,674,894

16,362,879

BEDS (1)

Owned & Leased

Managed Only

Total

1,500

9,195

10,695

5,930

3,913

212

4,125

5,413

15,337

20,750

12,784

1,310

14,094

13,884

384

14,268

8,367

512

8,879

1,584

36,619

2,206

38,825

2,222

3,024

5,246

N/A N/A N/A

3,364

6,646

10,010

52,042

22,789

74,831

Q1 2026

Revenue*

Compensated Mandays

Occupancy

$51,106

928,036

96%

$31,156

504,388

95%

$26,578

317,351

86%

$108,840

1,749,775

94%

$156,208

1,160,136

91%

$130,911

1,167,972

91%

$130,141

641,635

80%

$17,432

110,217

77%

$434,692

3,079,960

88%

$51,553

187,650

100%

$5,520

272,160

100%

$57,073

459,810

100%

$74,244

$26,596

33,781,774

626,497

$100,840

N/A

$3,768

$705,213

5,289,545

(4)

91%

* Revenue presented in '000s

Design Capacity Beds and Facility counts are shown as of March 31, 2026.

Includes Great Plains Correctional Facility (1,940 beds), Guadalupe County Correctional Facility (600 beds) and other Leased, Not-Managed Facilities (824 beds).

Other Total Revenue includes Great Plains Correctional Facility, Guadalupe County Correctional Facility, facilities under activation, idle facilities, and other revenue.

Total Compensated Mandays excludes Non-Residential Units.

Portfolio Operating Metrics *

Customer Data

Q1 2026

Q4 2025

Owned & Leased

BI **

Managed Only & Other

Total

Owned & Leased

BI **

Managed Only & Other

Total

Secure Services

Reentry

Services

Secure

Services

Reentry

Services

Cap-Ex Category

Growth

3,405

3,454

7,970

Technology

3,223

11,068

Facility Maintenance

9,960

1,384

2,936

14,280

10,767

2,138

3,477

16,382

$ 13,365 $

1,384

$ 3,223

$ 2,985

$ 20,957

$ 18,737 $

2,138 $

11,068

$ 3,477

$ 35,420

Total Capital Expenditures ***

1Q26

4Q25

3Q25

2Q25

1Q25

4Q24

3Q24

2Q24

1Q24

4Q23

3Q23

2Q23

$18,000

$16,000

$14,000

$12,000

$10,000

$8,000

$6,000

$4,000

$2,000

Facility Maintenance

Technology

Growth

$20,000

Capital Expenditures ***

* Amounts in '000s

** Electronic and Location Monitoring

*** Excludes reimbursed Capital Expenditures. Facility improvements are included with growth, and BI maintenance and monitoring equipment & technology are included with Technology.

Capital Expenditures *

Debt Maturity Schedule *

Outstanding Debt *

Acquisitions

Tampa Residential Reentry Center

Bed Count

State

Purchase Price

Acquisition Date

118

$1,200

March 2021

Correct Care Australasia

N/A

Australia

$3,910

March 2024

Western Region Detention Facility

770

$60,000

July 2025

Total $65,110

Dispositions

Talbot Hall

Bed Count

State

Sale Price **

Sale Date

536

$13,922

January 2021

McCabe Center

113

$2,550

March 2021

Williams Street Center

$1,400

May 2021

Youth Services ***

824

Various

$10,000

July 2021

Queens Detention Facility

222

$18,000

August 2021

Dupage Interventions

$2,200

September 2021

Crossroads Reception Center

300

$3,100

October 2021

Perry County Correctional Center

690

$15,000

April 2022

Ravenhall Equity Investment

N/A

Australia

$84,000

August 2022

Correctional Alternative Placement Services

240

$325

August 2023

Albert "Bo" Robinson Assessment & Treatment

900

$15,185

September 2023

Lawton Correctional Facility

2,388

$312,000

July 2025

Hector Garza Center

139

$9,550

September 2025

Other Asset and Land Sales

$8,728

Total $495,960

* Represents acquisitions/dispositions of real estate assets, amounts in '000s.

** GEO received net proceeds of $13.2 million for the sale of its interest in Talbot Hall, $2.4 million for the sale of McCabe Center,

$1.3 million for the sale of Williams Street Center, $10 million for the sale of Youth Services, $16.5 million for the sale of Queens Detention Facility, $2.1 million for the sale of Dupage Interventions, $2.6 million for the sale of Crossroads Reception Center,

$14.9 million for the sale of Perry County Correctional Center, $84 million for the Ravenhall equity investment sale, $304 thousand

for the sale of Correctional Alternative Placement Srvcs, $14.7 million for the sale of Albert "Bo" Robinson, $312 million for the sale of Lawton Correctional Facility and $8.8M for the sale of Hector Garza Center.

*** GEO divested its Youth Services business effective July 1, 2021 for $10 million net of working capital adjustment.

Acquisitions/Dispositions *

Idle Facilities (As of 3/31/2026)

Secure Services Facilities **

Location

Ownership

Bed Count

Net Book Value *

Flightline Correctional Facility

Texas

Owned

1,452

39,111

Rivers Correctional Facility

North Carolina

Owned

1,320

35,761

Lea County Correctional Facility

New Mexico

Owned

1,200

44,992

Big Spring Correctional Facility

Texas

Owned

924

31,192

Cheyenne Mountain Center

Colorado

Owned

700

17,066

McFarland Facility

California

Owned

300

10,305

Secure Services Subtotal

5,896

178,427

Non-Secure Reentry Facilities

Location

Ownership

Bed Count

Net Book Value *

Philadelphia Residential

Pennsylvania

Owned

400

5,925

Coleman Hall

Pennsylvania

Owned

350

5,452

Non-Secure Reentry Subtotal

750

$ 11,377

United States Total

6,646

$ 189,804

* Dollar amounts in '000s.

** Idle bed counts reconfigured for detention use.

Idle Facilities

Updated as of May 6, 2026

Facility Name

City

State

Years Built/ Renovated

Years Contracted

Primary Cus tomer(s)

Capacity

Ownership Type

Term(s)

Renewal Option(s)

Upcoming Renewal Date

OWNED AND LEASED PROPERTIES

GEO SECURE SERVICES

1 Adelanto ICE Processing Center

Adelanto

California

1990, 1991, 2011, 2012, 2015

December-19

ICE

1,940

Owned

5 years

Two, five-year

December-29

2 Central Valley Annex

McFarland

California

1997, 2009/2010

December-19

ICE

700

Owned

5 years

Two, five-year

December-29

3 Desert View Annex

Adelanto

California

1997, 2010, 2013

December-19

ICE

750

Owned

5 years

Two, five-year

December-29

4 Golden State Annex

McFarland

California

1997, 2010

December-19

ICE

700

Owned

5 years

Two, five-year

December-29

5 McFarland Facility

McFarland

California

1988, 2011, 2014

None

Idle

300

Owned

None

6 Mesa Verde ICE Processing Center

Bakersfield

California

1989, 2011,2015

December-19

ICE

400

Owned

5 years

Two, five-year

December-29

7 Western Region Detention Facility

San Diego

California

1959-1961, 2000

November-17

USMS

770

Owned

1 year, 10 months

One, two-year , plus six-month extension, plus three-month

extension, plus one fifteen-month

September-27

option, plus one twenty-five month

option, plus two two-year options.

8 Aurora ICE Processing Center Aurora Colorado 1987, 1993, 1998, 2009, 2010,

2011, 2017

9 Broward Transitional Center Deerfield Beach Florida 1998, 2004, 2010, 2011, 2013,

2014

October-21 ICE 1,532 Owned 1 year Four, one-year October-26 September-21 ICE 700 Owned 1 year Four, one-year August-26

10 Cheyenne Mountain Colorado Springs Colorado 2005 None Idle 700 Owned None None None

Four, one-year, plus one, two-

11 D. Ray James Processing Center* Folkston Georgia 1998/1999, 2008/2009, 2011/2012 December-16 ICE - IGA 1,868 Owned 1 year

month extension, plus one, five year renewal

February -27

12 Delaney Hall Facility Newark New Jersey 1999/2000, 2008 March-25 ICE 1,000 Owned 10 years None February- 35

13 Folkston ICE Processing Center Folkston Georgia 2005, 2008, 2013, 2017 December-16 ICE - IGA 1,118 Owned 1 year

Four, one-year, plus one, two-month extension, plus one, five year renewal

February -27

14 Riverbend Correctional and Rehabilitation Facility Milledgeville Georgia 2011 July-10 GA DOC 1,500 Owned 1 year Forty, one-year June-26

15 Robert A. Deyton Detention Facility Lovejoy Georgia 1984-1986, 2008/2009 February-08 USMS 768 Leased 5 years Three, five-year February-28

16 Alexandria Staging Facility ** Alexandria Louisiana 2014 November-13 ICE - IGA 400 Owned Perpetual None Perpetual

One-month extension plus one, fifty-nine month extension, plus

17 Pine Prairie ICE Processing Center Pine Prairie Louisiana 1999, 2008, 2018 June-15 ICE - IGA 1,094 Owned 5 years

one, four-month, plus one, one-month extension, plus one four-month extension

Mar-26

18 Central Louisiana ICE Processing Center Jena Louisiana 1998, 2008, 2010/2011, 2017 November-13 ICE - IGA 1,160 Owned Perpetual None Perpetual

One-month extension plus one,

19 South Louisiana ICE Processing Center Basile Louisiana

1993, 1994,1996, 1998, 1999, June-15 ICE - IGA 1,000 Owned 5 years

2000, 2001, 2010, 2011, 2017

fifty-nine month extension, plus one, four-month, plus one, one-month extension, plus one four-month extension

Mar-26

20 North Lake Processing Center Baldwin Michigan 1998/1999, 2002, 2011 March - 25 ICE 1,800 Owned 4 months, 2-Year Base None July-27

21 Lea County Facility Hobbs New Mexico 1997/1998, 2017 None Idle 1,200 Owned None None None

22 Rivers Facility Winton North Carolina 2000/2001, 2017 None Idle 1,320 Owned None None None

23 Moshannon Valley Processing Center Phillipsburg Pennsylvania 2005, 2006, 2013, 2021 September-21 ICE IGA 1,876 Owned 5 year None September-26

24 Brooks County Detention Center Falfurrias Texas 2001, 2011 March-13 USMS IGA 652 Owned Perpetual None Perpetual

25 Coastal Bend Detention Center Robstown Texas 2008, 2009 July-12 USMS - IGA 1,176 Owned Perpetual None Perpetual

26 East Hidalgo Detention Center LaVilla Texas 2001, 2002, 2004, 2005, 2007,

2011

1940, 1960, 1982, 1991, 1994,

July-12 USMS IGA 1,346 Owned Perpetual None Perpetual

27 Cedar Hill Facility Big Spring Texas

28 Flightline Facility Big Spring Texas

1996, 2001, 2009, 2010, 2011,

2012, 2018

1940, 1960, 1982, 1991, 1994,

1996, 2001, 2009, 2010, 2011,

2012, 2018

None Idle 924 Owned None None None

None Idle 1,452 Owned None None None

None /Five-year, plus one, four-

and one-half-month extension, plus one, six-month extension, plus two,

29 Joe Corley Processing Center

Conroe

Texas

2008, 2017, 2018, 2020

July-08 / September-18

USMS / ICE

1,517

Owned

Perpetual / 5 years

two-month extensions, plus one,

four-month extension, plus one, three-month extension, plus one, four-month extension, plus two three-month extensions

Perpetual/April-26

30 Karnes County Detention Facility

Karnes City

Texas

1995

February-98

USMS - IGA

679

Owned

Perpetual

None

Perpetual

31 Karnes County Immigration Processing Center

Karnes City

Texas

2011, 2012, 2014, 2015

September-24

ICE - IGA

1,328

Owned

5 years

None

August-29

32 Montgomery Processing Center

Conroe

Texas

2018

October-18

ICE

1,314

Owned

10 months

Nine, one-year

August-26

33 Eagle Pass Detention Facility

Eagle Pas s

Texas

2008, 2018

October-20

USMS - IGA

661

Owned

Perpetual

None

Perpetual

34 Rio Grande Processing Center

Laredo

Texas

2007, 2008

October-08

USMS

1,900

Owned

5 years

Three, five-year

September-28

35 South Texas ICE Processing Center

Pearsall

Texas

2004, 2005, 2012

August-20

ICE

1,904

Owned

1 year

Nine, one-year

August-26

36 Val Verde County Detention Facility

Del Rio

Texas

2000, 2001, 2005, 2007

January-01

USMS - IGA

1,407

Owned

Perpetual

None

Perpetual

37 Northwest ICE Processing Center

Tacoma

Washington

2003, 2004, 2009, 2010, 2012

March-26

ICE

1,575

Owned

7 months

None

October-26

* D. Ray James Processing Center was activated pursuant to an amendment under the Folkston ICE Processing Center contract.

** Alexandria Staging Facility was activated pursuant to an amendment under the Central Louisiana ICE Processing Center contract.

Property List

Updated as of May 6, 2026

Facility Name

City

State

Years Built/ Renovated

Years Contracted

Primary Customer(s)

Design Capacity

Ownership Type

Term(s)

Renewal Option(s)

Upcoming Renewal Date

OWNED AND LEASED PROPERTIES

GEO CARE - REENTRY SERVICES

1 Alabama Therapeutic Education Facility

Columbiana

Alabama

1962

December-21

AL DOC

722

Owned

2 year

Three, one-year

November-26

2 Cordova Center

Anchorage

Alaska

1974-1979, 2001, 2013

July-19/November-24

BOP / AK DOC

296

Owned

1 year /8 months

Nine, one-year/Four, one-year

June-26/June-26

3 Midtown Center

Anchorage

Alaska

Early 1950s, 1972, 1998

November-24

AK DOC

Owned

8 months

Four, one-year

June-26

4 Northstar Center

Fairbanks

Alaska

1970, 1975, 1995

July-22

AK DOC

120

Leased

1 year

Three, one-year

June-26

5 Parkview Center

Anchorage

Alaska

1971, 1976

November-24

AK DOC

112

Owned

8 months

Four, one-year

June-26

6 Seaside Center

Nome

Alaska

1999, 2016

February-25

AK DOC

Owned

5 months

Four, one-year

June-26

7 Tundra Center

Bethel

Alaska

1960/1970

February-25

AK DOC

Owned

5 months

Four, one-year

June-26

8 El Monte Center

El Monte

California

1960, 2004, 2012

October-19

BOP

Leased

1 year

Nine, one-year

September-26

9 Long Beach Community Reentry Center

Long Beach

California

1997

July-24

CDCR

112

Leased

9 years

None

June-33

10 Marvin Gardens Center

Los Angeles

California

1962, 1965, 1990, 2017

December-23

BOP

Leased

1 year

Four, one-year

November-26

11 Oakland Street Center

Oakland

California

1904, 1911, 2000s

February-20

BOP

Owned

1 year

Nine, one-year

January-27

12 Taylor Street Center

San Francisco

California

1907, 2010, 2011

April-26/ July-25

BOP / CDCR

240

Owned

1 year / 3 years

Four, one-year/Two, one-year

March-27/June-28

13 Arapahoe County Residential Center

Littleton

Colorado

2006

July-25

Arapahoe County

202

Owned

1 year

None

June-26

14 Community Alternatives of El Paso County

Colorado Springs

Colorado

1991, 1998, 2000

July-24

4th Judicial District

240

Owned

1 year

Four, one- year

June-26

15 Tampa Residential Reentry Center

Tampa

Florida

2020, 2021

September-21

BOP

118

Owned

1 year

Four, one- year

August-26

16 Grossman Center

Leavenworth

Kansas

1988, 2002/2003

July-19

BOP

136

Owned

1 year

Nine, one-year

June-26

17 The Harbor

Newark

New Jersey

1929, 1999, 2008

August-25

NJ DOC

260

Leased

1 year, 11 months

None

June-27

Property List

Updated as of May 6, 2026

Facility Name

City

State

Years

Built/ Renovated

Years Contracted

Primary

Customer(s)

Design

Capacity

Ownership Type

Term(s)

Renewal

Option(s)

Upcoming Renewal Date

GEO CARE - REENTRY SERVICES

18 Tully House

Newark

New Jersey

1929, 1999

August-25

NJ DOC

344

Owned

1 year, 11 months

None

June-27

19 New Mexico Men's Recovery Academy

Los Lunas

New Mexico

No Real Property

July-23

NM DOC

124

Managed

4 years

None

June-27

20 New Mexico Women's Recovery Academy

Albuquerque

New Mexico

No Real Property

July-23

NM DOC

Managed

4 years

None

June-27

Las Vegas CCC

Las Vegas

Nevada

1978, 2004

Feburary-21

BOP

124

Owned

1 year

Four, one-year, plus one 6-month extension

July-26

Bronx Community Re-entry Center

Bronx

New York

1966, 1998, 2009, 2012, 2015

July-20

BOP

172

Leased

1 year

Nine, one-year

June-26

23 ADAPPT

Reading

Pennsylvania

1909, 1919, 1929, 1986, 1989

May-24

PA DOC

Owned

4 years, 9 months

None

January-29

24 Chester County

Chester

Pennsylvania

1923

May-24

PA DOC

142

Owned

4 years, 9 months

None

January-29

25 Coleman Hall

Philadelphia

Pennsylvania

1919, 2001

None

Idle

350

Owned

None

26 Diversion, Assessment, Restoration & Treatment (DART) Center*

Doylestown

Pennsylvania

2021

June-21

Bucks County

Managed

5 years, 6 months, 2 weeks

None

December-26

27 Hoffman Hall

Philadelphia

Pennsylvania

2008

None

Idle

400

Owned

None

28 Scranton Facility

Scranton

Pennsylvania

No Real Property

May-24

PA DOC

100

Owned

4 years, 9 months

None

January-29

29 Community Alternatives of The Black Hills

30 Beaumont Transitional Treatment Center

Rapid City

Beaumont

South Dakota

Texas

1989, 1998, 2007

1940, 1950, 1967, 1975, 1986,

October-21

September-25

BOP

TDCJ

180

Owned

1 year

2 years

Four, one-year

Two, one-year

September-26

August-27

1997

Leidel Comprehensive Sanction Center

Houston

Texas

1930, 1960, 2005, 2006, 2012

January-21

BOP

190

Owned

1 year

Four, one-year plus one six-month extension

June-26

Mid Valley House

Edinburg

Texas

1985, 2001, 2014

December-20

BOP

128

Owned

1 year

Nine, one-year

November-26

Reality House

Brownsville

Texas

1983, 2011

July-24

BOP

Owned

1 year

Four, one-year

June-26

34 Southeast Texas Transitional Center

Houston

Texas

1960, 1967, 1970, 1984, 1997,

1998, 2008, 2012, 2018

September-25

TDCJ

500

Owned

2 years

35 Salt Lake City Center

Salt Lake City

Utah

1970, 1977, 2004

June-19

BOP

115

Owned

1 year

36 Casper Reentry Center

Casper

Wyoming

1984, 1994, 2004/2005, 2007

January-22/July-24

BOP/WYDOC

342

Owned

1 year/1 year

Two, one-year August-27

Nine, one-year May-26

Four, one-year/Two, one-year options

December-26/June-26

* The DART Center was activated in March, 2026

Property List

Updated as of May 6, 2026

Facility Name

City

State

Years Built/ Renovated

Years Contracted

Primary Customer(s)

Design Capacity

Ownership Type

Term(s)

Renewal Option(s)

Upcoming Renewal Date

MANAGED-ONLY FACILITIES

GEO SECURE SERVICES

1 Florence West Correctional and Rehabilitation Facility Florence Arizona 1997 October-22 AZ DOC 750 Managed 5 years One, five-year October-27

2 Phoenix West Correctional and Rehabilitation Facility Phoenix Arizona 1979, 1984, 1995, 1996, 2002 July-22 AZ DOC 500 Managed 5 years None July-27

3 Central Arizona Correctional and Rehabilitation Facility Florence Arizona 2006 December-06 AZ DOC 1,280 Managed 10 years Two, five-year December-26

4 Kingman Correctional and Rehabilitation Facility Kingman Arizona 2004, 2010 February-08 AZ DOC 3,400 Managed 10 years

One, five-year plus one, two-year plus one, three-and-a-half month plus one, one-year extension, plus one, one-year, 7-and-a-half-month option

June-26

5 Blackwater River Correctional and Rehabilitation Facility Milton Florida 2010 October-10 FL DOC 2,000 Managed 3 years unlimited, two-year October-27

6 Moore Haven Correctional and Rehabilitation Facility Moore Haven Florida 1995, 1999, 2007 July-21 FL DOC 985 Managed 3 years unlimited, two-year June-26

7 South Bay Correctional and Rehabilitation Facility South Bay Florida

1996, 1997, 2001, 2004, 2005, July-09 FL DOC 1,948 Managed 3 years

2007, 2012

Four, two-year plus six-month extension plus three, two-year extensions

December-26

8 North Florida Detention Facility

Sanderson

Florida

N/A

August-25

ICE

1,310

Managed

Perpetual

9 New Castle Correctional Facility

New Castle

Indiana

2001, 2012

September-05

IN DOC

3,196

Managed

4 years

10 Heritage Trail Correctional Facility

Plainfield

Indiana

1890, 1900, 1921, 1961

March-11

IN DOC

1,066

Managed

4 years

11 El Centro Detention Facility

El Centro

California

1976

December-19

USMS

512

Managed

2 years

12 Kinney County Detention Center

Brackettville

Texas

2004

September-13

USMS-IGA

384

Managed

Perpetual

None Perpetual

Three, two-year extensions plus one, four-year and nine-month extension plus one, three-month extension, plus one, nine-month extension plus one, five-year extension with one, four-year option.

One, four-year extension, plus one, one-year extension plus four-months and two-days extension, plus one-year extension plus five-year extension

Three, two-year, plus nine-month extension

June - 30

June-26

Oct-27

None Perpetual

INTERNATIONAL

1 Fulham Correctional Centre

West Sale, AUS

Victoria

1997, 2002

July-12

Victoria Ministry of Corrections

922

Managed

4 years

Nineteen-years and four-months

October-35

2 Kutama Sinthumule Correctional Centre

Louis Trichardt, SA

South Africa

2003, 2008

February-02

RSA Dept. of Correctional Services

3,024

Managed

25 years

None

February-27

3 Ravenhall Correctional Centre

Melbourne, AUS

Victoria

2017

November-17

Victoria Ministry of Corrections

1,300

Managed

24 years 5 months

None

March-42

Property List

Updated as of May 6, 2026

Facility Name

City

State

Years

Built/ Renovated

Years Contracted

Primary

Lessee(s)

Design

Capacity

Ownership Type

Term(s)

Renewal

Option(s)

Upcoming Renewal Date

GEO LEASED PROPERTIES (NOT MANAGED)

Great Plains Correctional Facility

Hinton

Oklahoma

1990-1992, 1995, 2008, 2011,

2013, 2015, 2018

May-23

OK DOC

1,940

Owned

5 years, 6 months

Unlimited, one-year

October-28

Guadalupe County Correctional Facility

Santa Rosa

New Mexico

1998/1999, 2008

November-21

NMCD

600

Owned

2 years

Nine, Two-year options

October-27

Southern Peaks Regional Treatment Center

Canon City

Colorado

2003, 2004

N/A

Abraxas Alliance

136

Owned

N/A

Southwood Interventions

Chicago

Illinois

1925, 1950, 1975, 2008

N/A

Abraxas Alliance

Owned

N/A

Woodridge Interventions

Woodridge

Illinois

1982, 1986

N/A

Abraxas Alliance

Owned

N/A

Abraxas Ohio

Shelby

Ohio

1900, 1935, 1965, 1992

N/A

Abraxas Alliance

100

Owned

N/A

Abraxas I

Marienville

Pennsylvania

1930s, 1960, 1982, 1985, 1987,

1989, 1999, 2003

N/A

Abraxas Alliance

204

Owned

N/A

Abraxas Academy

Morgantown

Pennsylvania

1999, 2000

N/A

Abraxas Alliance

214

Owned

N/A

Property List

EBITDA:

EBITDA is defined as net income, adjusted by adding provisions for income tax, interest expense, net of interest income, and depreciation and amortization.

Adjusted EBITDA:

Adjusted EBITDA is defined as EBITDA adjusted for net loss attributable to non-controlling interests, stock-based compensation expenses, pretax, transaction fees, pre-tax, employee restructuring expenses, pre-tax, close-out expenses, pre-tax, and other non-cash revenue & expenses, pre-tax.

Adjusted Net Income:

Adjusted Net Income, is defined as net income attributable to GEO operations adjusted for transaction fees, pre-tax, employee restructuring expenses, pre-tax, close-out expenses, pre-tax, and the tax effect of adjustments to net income attributable to GEO operations.

Net Debt/Net Leverage:

Net Debt is defined as gross principal debt less cash from restricted subsidiaries. Net Leverage is defined as Net Debt divided by Adjusted EBITDA.

Net Operating Income (NOI):

Net Operating Income is defined as revenues less operating expenses, excluding depreciation and amortization expense, general and administrative expenses, contingent litigation reserve and real estate related operating lease expense. Net Operating Income is calculated as net income adjusted by subtracting equity in earnings of affiliates, net of income tax provision, and by adding income tax provision, interest expense, net of interest income, depreciation and amortization expense, general and administrative expenses, and operating lease expense, real estate.

Debt Maturity Schedule *

Disclaimer

The GEO Group Inc. published this content on May 06, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 06, 2026 at 10:12 UTC.