GEO Group swings to Q2 profit of $29.1 million and authorizes $300 million buyback
The GEO Group reported second-quarter 2025 revenue of $636.2 million, up from $607.2 million a year earlier, and net income attributable to the company of $29.1 million, or $0.21 per diluted share, compared with a loss of $32.5 million a year earlier. Its board approved a $300 million share repurchase program on August 4, 2025, and the company updated full-year 2025 guidance and issued guidance for the third and fourth quarters. Adjusted EBITDA was slightly lower at $118.6 million versus $119.3 million, so the buyback is a significant capital allocation decision for shareholders.
Key points
- Q2 2025 revenue of $636.2 million vs. $607.2 million in Q2 2024; net income attributable to GEO of $29.1 million ($0.21 per diluted share) vs. a loss of $32.5 million ($0.25 per share)
- Q2 2025 Adjusted EBITDA of $118.6 million vs. $119.3 million; adjusted net income of $0.22 per diluted share vs. $0.23
- Board approved a share repurchase program of up to $300 million on August 4, 2025, expiring June 30, 2028; GEO is not obligated to buy any specific amount
- Q3 2025 Adjusted EBITDA guidance of $115 million to $125 million; Q4 2025 guidance of $132 million to $147 million; full-year 2025 net income guidance includes a $228 million gain on the Lawton Facility sale
The filing
Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.