v3.26.1
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 54,992 $ 68,995
Restricted cash and cash equivalents 2,137 2,998
Accounts receivable, net of credit loss reserve of $930 and $857, respectively 531,852 593,463
Prepaid expenses and other current assets 46,004 53,073
Total current assets 634,985 718,529
Restricted Cash and Investments 193,103 179,366
Property and Equipment, Net 1,856,785 1,884,198
Operating Lease Right-of-Use Assets, Net 62,787 72,294
Deferred Income Tax Assets 9,396 9,396
Goodwill 756,041 756,028
Intangible Assets, Net 113,680 117,332
Other Non-Current Assets 115,485 106,479
Total Assets 3,742,262 3,843,622
Current Liabilities    
Accounts payable 56,195 58,727
Accrued payroll and related taxes 83,591 82,086
Accrued expenses and other current liabilities 198,497 197,530
Operating lease liabilities, current portion 14,954 17,193
Current portion of finance lease liabilities and long-term debt 30,788 1,355
Total current liabilities 384,025 356,891
Deferred Income Tax Liabilities 99,689 99,689
Other Non-Current Liabilities 182,454 176,083
Operating Lease Liabilities 49,884 57,557
Long-Term Debt, Net 1,511,530 1,649,268
Commitments, Contingencies and Other Matters (Note 11)
Shareholders’ Equity    
Preferred stock, $0.01 par value, 30,000,000 shares authorized, none issued or outstanding 0 0
Common stock, $0.01 par value, 225,000,000 shares authorized, 142,383,731 and 141,182,435 issued and 132,284,930 and 136,242,983 outstanding, respectively 1,424 1,412
Additional paid-in capital 1,328,660 1,319,135
Retained earnings 380,089 294,252
Accumulated other comprehensive loss (15,983) (17,972)
Treasury stock, 10,097,801 and 4,939,452 shares, at cost, respectively (177,755) (91,021)
Total shareholders’ equity attributable to The GEO Group, Inc. 1,516,435 1,505,806
Noncontrolling interests (1,755) (1,672)
Total shareholders’ equity 1,514,680 1,504,134
Total Liabilities and Shareholders’ Equity $ 3,742,262 $ 3,843,622