v3.26.3
Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2026
Dec. 31, 2025
Current Assets    
Cash and cash equivalents $ 215,955 $ 68,995
Restricted cash and cash equivalents 5,297 2,998
Accounts receivable, net of credit loss reserve of $796 and $857, respectively 544,411 593,463
Prepaid expenses and other current assets 40,792 53,073
Total current assets 806,455 718,529
Restricted Cash and Investments 192,008 179,366
Property and Equipment, Net 1,713,918 1,884,198
Assets Held for Sale 146,798 0
Operating Lease Right-of-Use Assets, Net 122,014 72,294
Deferred Income Tax Assets 9,396 9,396
Goodwill 756,044 756,028
Intangible Assets, Net 111,872 117,332
Other Non-Current Assets 126,122 106,479
Total Assets 3,984,627 3,843,622
Current Liabilities    
Accounts payable 73,398 58,727
Accrued payroll and related taxes 117,237 82,086
Accrued expenses and other current liabilities 259,202 197,530
Operating lease liabilities, current portion 21,132 17,193
Current portion of finance lease liabilities and long-term debt 1,369 1,355
Total current liabilities 472,338 356,891
Deferred Income Tax Liabilities 99,689 99,689
Other Non-Current Liabilities 208,838 176,083
Operating Lease Liabilities 103,828 57,557
Long-Term Debt, Net 1,529,252 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, 142,466,761 and 141,182,435 issued and 132,368,960 and 136,242,983 outstanding, respectively 1,425 1,412
Additional paid-in capital 1,335,446 1,319,135
Retained earnings 429,303 294,252
Accumulated other comprehensive loss (15,970) (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. 1,572,449 1,505,806
Noncontrolling interests (1,767) (1,672)
Total shareholders’ equity 1,570,682 1,504,134
Total Liabilities and Shareholders’ Equity $ 3,984,627 $ 3,843,622