Geo Group Inc (the) Reit · NYSE:GEO
Geo Group Inc (the) Reit — Q2 2026 Earnings Presentation
23 slides from Geo Group Inc (the) Reit's earnings presentation, Aug 6, 2026
Slide 1: Supplemental Information Second Quarter and YTD 2026
Supplemental Information Second Quarter and YTD 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 infor
Slide 2: Table of Contents
Seo Company Profile 3 Condensed Consolidated Balance Sheets 4 Condensed Consolidated Statement of Operations 5 Reconciliation of Net Income to EBITDA and Adjusted EBITDA, and Reconciliation of Net Income Attributable to GEO Operations to Adjusted Net Income 6 Reconciliation of Net Income Attributabl
Slide 3: Company Profile
Company Profile 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 U
Slide 4: Condensed Consolidated Balance Sheets
Condensed Consolidated Balance Sheets * As of As of June 30, 2026 December 31, 2025 (unaudited) (unaudited) ASSETS Cash and cash equivalents $ 54,992 $ 68,995 Restricted cash and cash equivalents 2,137 2,998 Accounts receivable, less allowance for doubtful accounts 531,852 593,463 Prepaid expenses a
Slide 5: Condensed Consolidated Statement of Operations
Condensed Consolidated Statement of Operations * Q2 2026 Q2 2025 YTD 2026 YTD 2025 (unaudited) (unaudited) (unaudited) (unaudited) Revenues $ 732,072 $ 636,169 $ 1,437,285 $ 1,241,513 Operating expenses 530,703 475,218 1,052,212 929,693 Depreciation and amortization 34,196 32,732 68,026 64,868 Gener
Slide 6: Reconciliation of Net Income to EBITDA and Adjusted EBITDA
Reconciliation of Net Income to EBITDA and Adjusted EBITDA, and Net Income Attributable to GEO Operations to Adjusted Net Income * Q2 2026 Q2 2025 YTD 2026 YTD 2025 (unaudited) (unaudited) (unaudited) (unaudited) Net income $ 47,460 $ 29,074 $ 85,766 $ 48,616 Add: Income tax provision ** 19,107 10,7
Slide 7: Reconciliation of Net Income to Net Operating Income (NOI)
Reconciliation of Net Income Attributable to GEO Operations to Net Operating Income (NOI) * Q2 2026 Q2 2025 YTD 2026 YTD 2025 (unaudited) (unaudited) (unaudited) (unaudited) Net Income Attributable to The GEO Group, Inc. Operations $ 47,503 $ 29,108 $ 85,837 $ 48,666 Less Net loss attributable to no
Slide 8: Financial Summary
Financial Summary Company Profile * Q2 2026 Q2 2025 YTD 2026 YTD 2025 (unaudited) (unaudited) (unaudited) (unaudited) Market Capitalization ** $ 3,909,020 $ 3,382,843 $ 3,909,020 $ 3,382,843 Share Price ** $ 29.55 $ 23.95 $ 29.55 $ 23.95 Revenues * Owned and Leased: Secure Services $ 390,858 $ 336,1
Slide 9: Financial Summary
Financial Summary Q2 2026 Q2 2025 YTD 2026 YTD 2025 Portfolio * Owned and Leased: Secure Services 33 33 33 33 Owned and Leased: Reentry Services 31 33 31 33 Managed Only & Other 26 24 26 24 90 90 90 90 Owned and Leased: Secure Services ** Revenue Producing Beds 36,595 36,455 36,595 36,455 Occupancy
Slide 10: Global Operations Profile
Global Operations Profile Global Operating Portfolio by Region * ** United States Facilities Current Beds Beds 1-Yr Ago Texas 19 17,736 17,875 California 13 6,623 6,623 Pennsylvania 9 3,378 3,350 Florida 6 7,061 5,751 Alaska 6 705 705 Colorado 6 3,998 2,810 Arizona 4 5,930 5,930 Georgia 4 5,254 5,25
Slide 11: Portfolio Operating Metrics
Portfolio Operating Metrics * BEDS (1) YTD 06/30/2026 Q2 2026 (1) # of Facilities Sq. Ft. Owned & Compensated Compensated Managed Only Total Revenue* Occupancy Revenue* Occupancy Leased Mandays Mandays Eastern Region (FL,GA,IN) 6 2,368,940 1,500 9,195 10,695 $103,485 1,868,788 97% $52,378 940,751 97
Slide 12: Customer Data
Customer Data 12 www.geogroup.com
Slide 13: Capital Expenditures
Capital Expenditures * Q2 2026 Q1 2026 Owned & Leased Owned & Leased Managed Managed Reentry BI ** Total Secure Reentry BI ** Total Secure Services Only & Other Only & Other Services Services Services Cap-Ex Category Growth 2,676 - - - 2,677 3,405 - - 49 3,454 Technology - - 7,873 - 7,873 - - 3,223
Slide 14: Debt Maturity Schedule
Debt Maturity Schedule * 14 www.geogroup.com
Slide 15: Outstanding Debt
Outstanding Debt * Senior Notes Due 2029 2031 Closing Date 4/18/24 4/18/24 Denomination USD USD Security Secured Unsecured Original Principal Amount $650,000 $625,000 Outstanding Principal Amount (end of quarter) $650,000 $625,000 Stated Coupon 8.625% 10.250% Maturity Date 4/15/29 4/15/31 Date Calla
Slide 16: Acquisitions/Dispositions
Acquisitions/Dispositions * 2025 - YTD 2026 Acquisitions Bed Count State Purchase Price Acquisition Date Western Region Detention Facility 770 CA $60,000 July 2025 Total $60,000 Dispositions Bed Count State Sale Price ** Sale Date Lawton Correctional Facility 2,388 OK $312,000 July 2025 Hector Garza
Slide 17: Idle Facilities
Idle Facilities Idle Facilities (As of 8/06/2026) Secure Services Facilities ** Location Ownership Bed Count Net Book Value * Flightline Correctional Facility Texas Owned 1,452 39,745 Lea County Correctional Facility New Mexico Owned 1,200 44,535 Big Spring Correctional Facility Texas Owned 924 30,4
Slide 18: Property List
Property List Updated as of August 6, 2026 Years Primary Renewal Facility Name City State Years Contracted Capacity Ownership Type Term(s) Upcoming Renewal Date Built/ Renovated Customer(s) Option(s) OWNED AND LEASED PROPERTIES GEO SECURE SERVICES 1 Adelanto ICE Processing Center Adelanto California
Slide 19: Property List
Property List Updated as of August 6, 2026 Years Primary Design Renewal Facility Name City State Years Contracted Ownership Type Term(s) Upcoming Renewal Date Built/ Renovated Customer(s) Capacity Option(s) OWNED AND LEASED PROPERTIES GEO CARE - REENTRY SERVICES 1 Alabama Therapeutic Education Facil
Slide 20: Property List
Property List Updated as of August 6, 2026 Years Primary Design Renewal Facility Name City State Years Contracted Ownership Type Term(s) Upcoming Renewal Date Built/ Renovated Customer(s) Capacity Option(s) GEO CARE - REENTRY SERVICES 18 Tully House Newark New Jersey 1929, 1999 August-25 NJ DOC 344
Slide 21: Property List
Property List Updated as of August 6, 2026 Years Primary Design Renewal Facility Name City State Years Contracted Ownership Type Term(s) Upcoming Renewal Date Built/ Renovated Customer(s) Capacity Option(s) MANAGED-ONLY FACILITIES GEO SECURE SERVICES 1 Florence West Correctional and Rehabilitation F
Slide 22: Property List
Property List Updated as of August 6, 2026 Years Primary Design Renewal Facility Name City State Years Contracted Ownership Type Term(s) Upcoming Renewal Date Built/ Renovated Lessee(s) Capacity Option(s) GEO LEASED PROPERTIES (NOT MANAGED) 1990-1992, 1995, 2008, 2011, Great Plains Correctional Faci
Slide 23: Definitions
Definitions 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 loss on asset divestitures/impairment, pre-tax, net loss
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