GEO Group Q3 2026 net income falls 72% to $49.2 million
GEO•GEO Group’s third-quarter 2026 net income attributable to GEO Operations fell 72% year over year to $49.2 million, while revenue rose 12% to $761.1 million. The company raised full-year net income guidance to $726.3 million–$730.5 million, including a gain from its $950 million Adelanto Complex sale.
1. Quarterly results and guidance
GEO Group’s third-quarter 2026 net income attributable to GEO Operations fell 72% year over year to $49.2 million, while revenue climbed 12% to $761.1 million. The Adelanto Complex sale closed October 2 for $950 million, generating approximately $705 million in net proceeds; full-year 2026 net income attributable to GEO Operations guidance rose to $726.3 million–$730.5 million, including the sale gain.
