El Grupo GEO, Inc. (GEO): Lienzo del Modelo de Negocio [Actualizado en Ene-2025]

En el complejo mundo de la gestión de las instalaciones correccionales, el Geo Group, Inc. (GEO) se erige como un jugador fundamental que transforma la forma en que los gobiernos abordan la detención, la rehabilitación y la seguridad pública. Al aprovechar un intrincado modelo de negocio que combina tecnología avanzada, ofertas de servicios integrales y asociaciones estratégicas gubernamentales, GEO se ha posicionado como un proveedor de infraestructura crítica en el panorama de los servicios correccionales. Su enfoque innovador va más allá de la gestión tradicional de la prisión, integrando un sofisticado monitoreo electrónico, programas de rehabilitación y estrategias operativas rentables que abordan los desafíos multifacéticos de los sistemas correccionales modernos.

The Geo Group, Inc. (GEO) - Modelo de negocios: asociaciones clave

Asociaciones de agencias gubernamentales

El grupo Geo mantiene asociaciones críticas con:

• Oficina Federal de Prisiones
• Control de inmigración y aduana de los Estados Unidos (ICE)
• Departamentos estatales de correcciones en 12 estados

Agencia gubernamental	Valor de contrato	Contribución anual de ingresos
Oficina Federal de Prisiones	$ 441.2 millones	22.3% de los ingresos totales
Instalaciones de detención de hielo	$ 385.7 millones	19.5% de los ingresos totales

Contratistas privados de gestión de la prisión

Las asociaciones clave del sector privado incluyen:

• Corecívico
• Gestión & Corporación de capacitación
• Correcciones de laSalle

Proveedores de programas de reingreso y reingreso

Pareja	Tipo de programa	Inversión anual
Asociación de Educación Correccional	Programas educativos	$ 12.3 millones
Instituto Nacional de Correcciones	Servicios de reingreso	$ 8.7 millones

Proveedores de equipos de tecnología y seguridad

• Soluciones de Motorola
• Sistemas de seguridad de Tyco
• Honeywell International

Proveedores de servicios de salud

Proveedor de atención sanitaria	Servicios	Valor anual del contrato
Corizon Health	Servicios médicos	$ 67.5 millones
Pata	Gestión de la salud	$ 52.3 millones

The Geo Group, Inc. (GEO) - Modelo de negocio: actividades clave

Gestión de los servicios de prisión y detención

A partir de 2024, el grupo GEO administra 104 instalaciones en todo el mundo, con una capacidad total de aproximadamente 96,000 camas. La compañía opera instalaciones en 4 países, incluidos Estados Unidos, Australia, Reino Unido y Sudáfrica.

Tipo de instalación	Número de instalaciones	Capacidad de cama total
Instalaciones federales	37	42,500 camas
Instalaciones estatales	45	35,000 camas
Instalaciones internacionales	22	18,500 camas

Programas de rehabilitación y reingreso de prisioneros

El grupo GEO implementa programas de rehabilitación en sus instalaciones, con una inversión anual de $ 24.3 millones en iniciativas de educación y capacitación.

• Programas de preparación de GED disponibles en 89 instalaciones
• Entrenamiento vocacional en 76 instalaciones
• Programas de tratamiento de abuso de sustancias en 92 instalaciones

Servicios de monitoreo electrónico

La compañía ofrece servicios de monitoreo electrónico para aproximadamente 120,000 delincuentes anualmente, con un ingreso de $ 187.5 millones de estos servicios en 2023.

Tipo de monitoreo	Número de delincuentes	Ingresos anuales
Seguimiento de GPS	85,000	$ 132 millones
Monitoreo de radiofrecuencia	35,000	$ 55.5 millones

Diseño y construcción de la instalación correccional

El Geo Group ha completado 12 nuevos proyectos de construcción de instalaciones en los últimos 3 años, con una inversión total de $ 456 millones.

Servicios de transporte y seguimiento de delincuentes

La compañía realiza aproximadamente 75,000 operaciones de transporte de prisioneros anualmente, con una flota dedicada de 230 vehículos especializados.

Tipo de transporte	Operaciones anuales	Distancia promedio por operación
Transferencias interestatales	45,000	350 millas
Transferencias locales	30,000	75 millas

The Geo Group, Inc. (GEO) - Modelo de negocio: recursos clave

Extensa red de instalaciones correccionales

A partir de 2023, el grupo GEO opera 102 instalaciones a nivel mundial, con una capacidad total de aproximadamente 96,000 camas. El desglose de la instalación de la compañía incluye:

Tipo de instalación	Número de instalaciones	Capacidad de cama total
Correcciones de EE. UU. & Detención	57	49,300 camas
Instalaciones internacionales	20	21,500 camas
Geo Care (Servicios de rehabilitación)	25	25,200 camas

Capacitación especializada en el personal

El grupo GEO emplea a aproximadamente 18.500 miembros del personal en sus instalaciones. Las inversiones de capacitación del personal incluyen:

• Presupuesto de capacitación anual: $ 12.3 millones
• Horas promedio de capacitación por empleado: 40 horas/año
• Profesionales de correcciones certificadas: 65% del personal de gestión

Tecnologías avanzadas de seguridad y monitoreo

Inversiones de infraestructura tecnológica:

Categoría de tecnología	Inversión anual
Sistemas de seguridad	$ 8.7 millones
Monitoreo digital	$ 5.2 millones
Ciberseguridad	$ 3.6 millones

Relaciones por contrato del gobierno

Detalles de la cartera de contratos:

• Contratos de gobierno activo total: 89
• Rango de valor del contrato: $ 50 millones - $ 750 millones
• Duración promedio del contrato: 5-7 años
• Clientes gubernamentales: agencias federales, estatales y locales

Sistemas integrales de gestión de reclusos

Especificaciones de la plataforma de tecnología:

• Software de gestión de reclusos personalizados
• Inversión anual de desarrollo de software: $ 4.5 millones
• Capacidades de seguimiento en tiempo real
• Gestión de programas de rehabilitación integrada

The Geo Group, Inc. (GEO) - Modelo de negocio: propuestas de valor

Gestión de la instalación correccional rentable

El grupo GEO administra 102 instalaciones a nivel mundial con una capacidad total de 96,000 camas. Los ingresos anuales en 2022 fueron de $ 2.91 mil millones, con un margen operativo del 14,2%. El costo diario promedio por recluso es de $ 79.57, significativamente más bajo que las instalaciones administradas por el gobierno.

Métrico	Valor
Instalaciones totales	102
Capacidad de cama total	96,000
Ingresos anuales (2022)	$ 2.91 mil millones
Margen operativo	14.2%
Costo diario por recluso	$79.57

Seguridad pública mejorada a través de una detención segura

Geo opera instalaciones con 99.8% Cumplimiento de seguridad en contratos del gobierno federal, estatal y local.

• Tasa de incidentes de seguridad del 0.2%
• Protocolos integrales de gestión de riesgos
• Tecnologías avanzadas de vigilancia

Programas integrales de rehabilitación y reingreso

GEO ofrece servicios de rehabilitación en 67 instalaciones, con $ 124 millones invertidos en programas de capacitación educativa y vocacional anualmente.

Categoría de programa	Inversión anual
Programas educativos	$ 62 millones
Entrenamiento vocacional	$ 62 millones
Inversión total del programa	$ 124 millones

Soluciones correccionales innovadoras impulsadas por la tecnología

La inversión tecnológica de $ 43.6 millones en 2022 se centró en el monitoreo digital, los sistemas biométricos y las plataformas de seguridad basadas en IA.

• Sistemas de seguimiento de reclusos en tiempo real
• Control de acceso biométrico
• Análisis de comportamiento predictivo

Operaciones de instalaciones eficientes y profesionales

Proporción promedio de personal a compañero de 1: 5, con inversión anual de capacitación en personal de $ 18.3 millones que garantizan estándares profesionales de alta calidad.

Métrica operacional	Valor
Relación personal-intermedia	1:5
Inversión anual de capacitación del personal	$ 18.3 millones

The Geo Group, Inc. (GEO) - Modelo de negocios: relaciones con los clientes

Asociaciones por contrato gubernamental a largo plazo

El grupo Geo mantiene 37 contratos gubernamentales activos a partir de 2023, con una duración promedio de contrato de 10.5 años. El valor total del contrato en estas asociaciones alcanza $ 3.2 mil millones.

Tipo de contrato	Número de contratos	Ingresos anuales
Instalaciones correccionales federales	12	$ 987 millones
Instalaciones correccionales estatales	22	$ 1.4 mil millones
Centros de detención de inmigración	3	$ 815 millones

Acuerdos de servicio basados ​​en el rendimiento

El grupo geo implementa Métricas de rendimiento En el 89% de los contratos gubernamentales, con incentivos financieros vinculados a:

• Tasas de reducción de reincidencia
• Efectividad del programa de rehabilitación
• Normas de seguridad de las instalaciones
• Métricas de eficiencia operativa

Comunicación continua con autoridades correccionales

La frecuencia de comunicación con socios gubernamentales incluye:

Canal de comunicación	Frecuencia
Revisiones mensuales de rendimiento	100% de los contratos
Reuniones de cumplimiento trimestral	95% de los contratos
Auditorías completas anuales	100% de los contratos

Documentación regular de informes y cumplimiento

El cumplimiento de los informes implica 26 flujos de documentación estandarizados diferentes, cubriendo:

• Gestión de la población de reclusos
• Prestación de servicios de salud
• Informes de incidentes de seguridad
• Resultados del programa de rehabilitación

Soluciones de gestión de instalaciones personalizadas

El enfoque de personalización incluye:

• Diseños de instalaciones personalizados para requisitos de jurisdicción específicos
• Desarrollo de programas de rehabilitación especializada
• Especificaciones del cliente de integración de integración tecnológica

Inversión total en capacidades de personalización: $ 78.5 millones en 2023.

The Geo Group, Inc. (GEO) - Modelo de negocios: canales

Procesos directos de adquisición del gobierno

Geo Group, Inc. obtuvo $ 762 millones en contratos del gobierno federal en 2022, lo que representa el 53% de los ingresos totales de la compañía.

Tipo de contrato	Valor	Porcentaje de ingresos
Contratos del gobierno federal	$ 762 millones	53%
Contratos del gobierno estatal	$ 415 millones	29%

Solicitud de solicitud de oferta (RFP) Sistemas de licitación

Geo Group participó en 47 procesos de RFP gubernamentales en 2022, ganando 22 contratos.

• Presentaciones totales de RFP: 47
• El contrato exitoso gana: 22
• Tasa de ganancia: 46.8%

Equipos de ventas corporativas y desarrollo de negocios

La compañía empleó a 38 profesionales de desarrollo empresarial dedicado en 2022, generando $ 215 millones a través de canales de venta directos.

Plataforma en línea y sitio web corporativo

Métricas de canales digitales	Datos 2022
Sitio web Visitantes mensuales	124,500
Envíos de propuestas en línea	89

Conferencias de la industria y eventos de redes gubernamentales

Geo Group asistió a 16 principales conferencias de la industria correccional y de detención en 2022, generando aproximadamente $ 43 millones en posibles oportunidades de contrato.

• Conferencias a las que asistió: 16
• Posibles oportunidades de contrato generadas: $ 43 millones
• Leades de redes directos: 127

The Geo Group, Inc. (GEO) - Modelo de negocio: segmentos de clientes

Agencias correccionales federales

El grupo Geo maneja 9 Instalaciones correccionales federales con una capacidad total de aproximadamente 10,500 camas. En el año fiscal 2022, los ingresos por contrato federales totalizaron $ 536.8 millones.

Tipo de contrato	Número de instalaciones	Ingresos anuales
Contratos de la Oficina Federal de Prisiones	6	$ 392.4 millones
Contratos de servicio de alguaciles de EE. UU.	3	$ 144.4 millones

Sistemas penitenciarios estatales

Geo opera 28 instalaciones correccionales estatales en múltiples estados con una capacidad combinada de aproximadamente 33,000 camas. Los ingresos por contrato estatales en 2022 fueron $ 712.5 millones.

• Texas: 10 instalaciones
• Florida: 7 instalaciones
• California: 3 instalaciones

Centros de detención del condado local

La empresa administra 17 Centros de detención del condado con una capacidad total de aproximadamente 15,500 camas. Los ingresos por contrato del gobierno local en 2022 alcanzaron $ 287.3 millones.

Control de inmigración y aduanas

Geo opera 5 centros de detención de inmigración con una capacidad de aproximadamente 16,000 camas. Los ingresos por contrato relacionados con el hielo en 2022 fueron $ 461.2 millones.

Ubicación de la instalación	Capacidad de cama	Ingresos anuales
Texas	6.500 camas	$ 198.6 millones
California	4.200 camas	$ 127.4 millones

Departamentos de libertad condicional y libertad condicional

Geo proporciona Servicios de reingreso y rehabilitación en 12 estados. Los ingresos de libertad condicional y de libertad condicional en 2022 totalizaron $ 89.7 millones.

• Servicios de monitoreo electrónico
• Centros de reingreso residencial
• Programas de supervisión comunitaria

The Geo Group, Inc. (GEO) - Modelo de negocio: Estructura de costos

Gastos operativos de la instalación

En 2022, el grupo GEO reportó gastos operativos totales de la instalación de $ 1.98 mil millones. Esto incluye costos para:

• Utilidades: $ 247 millones
• Mantenimiento de la propiedad: $ 312 millones
• Gestión de las instalaciones: $ 421 millones

Categoría de gastos	Costo anual
Gastos operativos de la instalación	$ 1.98 mil millones
Utilidades	$ 247 millones
Mantenimiento de la propiedad	$ 312 millones
Gestión de instalaciones	$ 421 millones

Salarios y capacitación del personal

Los gastos totales relacionados con el personal en 2022 fueron de $ 638 millones, que incluyen:

• Salarios base: $ 492 millones
• Capacitación y desarrollo profesional: $ 36 millones
• Beneficios y atención médica: $ 110 millones

Inversiones de tecnología de seguridad

El Grupo GEO invirtió $ 124 millones en tecnología de seguridad en 2022, con un desglose de la siguiente manera:

• Sistemas de vigilancia: $ 53 millones
• Tecnologías de control de acceso: $ 41 millones
• Infraestructura de seguridad digital: $ 30 millones

Cumplimiento y adherencia regulatoria

Los gastos relacionados con el cumplimiento totalizaron $ 86 millones en 2022:

• Consultoría de cumplimiento legal: $ 34 millones
• Informes regulatorios: $ 22 millones
• Software y sistemas de cumplimiento: $ 30 millones

Actualizaciones de mantenimiento e infraestructura

Las inversiones de infraestructura y mantenimiento en 2022 fueron de $ 276 millones:

• Renovaciones de las instalaciones: $ 187 millones
• Modernización de infraestructura: $ 89 millones

Componentes de estructura de costos totales	Cantidad
Gastos operativos de la instalación	$ 1.98 mil millones
Salarios y capacitación del personal	$ 638 millones
Inversiones de tecnología de seguridad	$ 124 millones
Cumplimiento y adherencia regulatoria	$ 86 millones
Actualizaciones de mantenimiento e infraestructura	$ 276 millones
Estructura de costos totales	$ 3.104 mil millones

The Geo Group, Inc. (GEO) - Modelo de negocios: flujos de ingresos

Contratos de gestión de instalaciones correccionales del gobierno

En el año fiscal 2022, el Grupo GEO reportó ingresos totales de $ 2.30 mil millones, con contratos de gestión de instalaciones correccionales del gobierno que representan una parte sustancial de estos ingresos.

Tipo de contrato	Ingresos anuales	Número de instalaciones
Contratos del gobierno federal	$ 756 millones	13 instalaciones
Contratos del gobierno estatal	$ 542 millones	27 instalaciones

Tarifas de vivienda de recluso por diem

El Grupo GEO cobra tarifas por diem por los reclusos de vivienda en varias instalaciones.

• Tasa promedio por diem: $ 72.50 por recluso
• Total de los reclusos alojados en 2022: aproximadamente 95,000
• Ingresos anuales por diem: $ 789 millones

Cargos de servicio de monitoreo electrónico

Los servicios de monitoreo electrónico generaron ingresos de $ 124 millones para la compañía en 2022.

Tipo de servicio	Ingresos anuales	Número de individuos monitoreados
Monitoreo del GPS	$ 87 millones	48,000 individuos
Monitoreo de radiofrecuencia	$ 37 millones	22,000 individuos

Implementación del programa de rehabilitación

Los programas de rehabilitación contribuyeron con $ 92 millones al flujo de ingresos de la compañía en 2022.

• Número de programas de rehabilitación: 37
• Participantes en programas de rehabilitación: 28,500
• Costo promedio del programa por participante: $ 3,230

Servicios de construcción y diseño de instalaciones

En 2022, los servicios de construcción y diseño de instalaciones generaron $ 186 millones en ingresos.

Categoría de servicio	Ingresos anuales	Número de proyectos
Construcción de nuevas instalaciones	$ 132 millones	8 proyectos
Renovación de las instalaciones	$ 54 millones	15 proyectos

The GEO Group, Inc. (GEO) - Canvas Business Model: Value Propositions

You're looking at the core promises The GEO Group, Inc. (GEO) makes to its government clients as of late 2025. These aren't just mission statements; they are backed by operational scale and financial commitments.

Cost-effective, outsourced management of government-mandated services.

The GEO Group offers services that allow government agencies to manage fluctuating populations without the fixed costs of ownership. For the first six months of 2025, the company reported total revenues of $1.24 billion. The full-year 2025 revenue guidance is projected to be between $2.575 billion and $2.6 billion. The company's operational scale, which includes ownership and/or support services for approximately 98 facilities totaling around 77,000 beds as of March 31, 2025, underpins this cost efficiency.

The revenue distribution for the year-to-date 2025 shows the core business segments:

Service Segment	Revenue Distribution YTD 2025
Secure Services	57%
Community Services	25%
Electronic Monitoring & Community Services	18%

The Net Operating Income (NOI) distribution for the same period was 55% from Secure Services, 30% from Community Services, and 15% from Electronic Monitoring & Community Services.

Flexible capacity to meet sudden demand surges (e.g., reactivating 6,000 beds for ICE in 2025).

The GEO Group positions itself as immediately scalable. In Q1 2025, the company announced contract awards for the reactivation of two company-owned facilities totaling 2,800 beds, representing in excess of $130 million in annualized revenues. This flexibility is evident in specific contract wins supporting U.S. Immigration and Customs Enforcement (ICE) expansion efforts:

• Reopening Delaney Hall (New Jersey) with a capacity of up to 1,000 detainees, expected to generate over $60 million in annualized revenues.
• Activation of North Lake Facility (Michigan) with a capacity of at least 1,800 beds, expected to generate approximately $88 million in annualized revenues.
• Reopening a facility in Georgia with capacity for more than 1,800 people, expected to generate approximately $66 million in annual revenue.

The company is under contract for approximately 20,000 beds at 21 facilities with ICE, which is the highest level of ICE utilization in the company's history. The company expects to add 17,000 detention beds overall, going from 15,000 to 32,000, which could generate between $500 million and $600 million in annual revenue.

Enhanced rehabilitation and reentry programs to reduce recidivism.

The GEO Continuum of Care (CoC) model is a key value proposition, focusing on evidence-based practices. For individuals released in 2021 from GEO Florida CoC facilities, the three-year recidivism rate was 20.50%, which represents a 47.4% recidivism reduction compared to the national average of 39.00%. The CoC has certified participants in more than 50,000 module completions. In other 2024 program data, participants in Illinois Reentry Service Centers saw criminal risk scores reduced by 8%, and employment gains rose 138% for discharged participants.

Comprehensive, end-to-end service platform (detention to community supervision).

The GEO Group provides services spanning the entire continuum. As of March 31, 2025, the company's global operations included support for 98 facilities with up to approximately 18,000 employees. The reentry services component includes support for a large population:

• 265,000 Residential Reentry Services.
• Non-Residential Electronic Monitoring & Supervision: 265,000 individuals.

This is supported by 105 ISAP Offices.

Secure, specialized transportation for detainees and inmates.

The company's subsidiary, GEO Transport, Inc. (GTI), secured a new five-year contract with the U.S. Marshals Service for secure transportation and contract detention officer services across 26 federal judicial districts in 14 states. This contract is expected to generate up to approximately $147 million in revenues over the five-year period, or about $29 million in annual revenue. The company increased its budget to approximately $100 million in physical plant and technology improvements to better position GEO in responding to ICE's expanding needs.

The GEO Group, Inc. (GEO) - Canvas Business Model: Customer Relationships

You're looking at how The GEO Group, Inc. (GEO) locks in its revenue, and honestly, it all comes down to deep, long-term relationships with government agencies, primarily U.S. Immigration and Customs Enforcement (ICE). This isn't about quick transactions; it's about multi-year commitments that provide revenue visibility.

Long-term, high-value contracts with government entities form the bedrock of the business. A prime example is the 15-year, fixed-price contract awarded in February 2025 for the 1,000-bed Delaney Hall Facility in Newark, New Jersey. GEO estimates the total value of this single contract, factoring in normal cost of living adjustments, to be approximately $1 billion over its term. For the first full year of operations, this facility alone is expected to generate in excess of $60 million in annualized revenues. This preference for long-term deals is a clear strategy to secure stable cash flows.

The focus on extending and renewing existing arrangements is constant. For instance, during the second quarter of 2025, The GEO Group, Inc. renewed 2 secure service contracts at the state level in Georgia and Arizona. This activity supports a broader trend: by the third quarter of 2025, the utilization across their current ICE contracts had jumped from housing 15,000 people nationwide to 20,000 people nationwide across 21 facilities, marking the highest level of ICE utilization in the company's history. To put the scale of recent wins in perspective, since the start of 2025, The GEO Group, Inc. has entered into new or expanded contracts representing over $460 million in new incremental annualized revenues, which management noted is the largest amount of new business won in a single year.

The relationship is formalized through a relationship-driven, public-private partnership model. Executive Chairman George C. Zoley highlighted the company's 40-year public-private partnership with ICE. This deep history suggests a high degree of institutional familiarity and reliance. To manage these complex relationships, The GEO Group, Inc. employs direct, dedicated contract management and compliance teams. These teams are crucial for ensuring service delivery aligns with the terms of the agreements, especially as new capacity comes online. The company is actively investing to meet expanded federal needs, including making a previously announced $70 million investment in capital expenditures for facilities like Delaney Hall.

Here's a snapshot of the key contract metrics driving the Customer Relationships block as of late 2025:

Contract/Metric Detail	Value/Capacity/Term	Reference Period/Date
Delaney Hall ICE Contract (Estimated Total Value)	Approx. $1 billion	15-Year Term (Awarded Feb 2025)
North Lake Facility Annualized Revenue (Expected)	In excess of $85 million	Two-Year Contract (Q2 2025)
Total New/Expanded Annualized Revenue (YTD 2025)	Over $460 million	Through Q3 2025
Total New/Reactivated ICE Beds Secured (YTD 2025)	~6,000 beds	Expected to contribute over $300M annualized revenue
Record ICE Utilization (Peak)	20,000 people housed	Q2 2025
Total Facilities Managed (Worldwide)	99 facilities	As of Q3 2025

The company is also actively positioning itself for future relationship growth by preparing idle capacity. Management stated they were in active discussions for the potential activation of 5,900 idle beds, which could potentially add up to $310 million in annualized revenue if fully utilized. Furthermore, The GEO Group, Inc. has increased its budget to approximately $100 million in physical plant and technology improvement to better position itself to respond to ICE's expanding needs.

The relationship management involves more than just facility operation; it includes service expansion:

• Executed new or amended contracts for enhanced secure ground transportation services at 4 existing company-owned ICE facilities.
• Services provided under the ICE air support subcontract have steadily increased throughout 2025.
• New and expanded transportation contracts are expected to generate approximately $60 million in incremental annualized revenues.
• New contract awards for ICE processing centers and US Marshals capacity are expected to normalize GEO's revenue to $3 billion by early 2026.

Finance: draft 13-week cash view by Friday.

The GEO Group, Inc. (GEO) - Canvas Business Model: Channels

You're looking at how The GEO Group, Inc. gets its services-secure management, processing, and reentry support-into the hands of its government customers. It's all about direct relationships and operational scale, so the channels are heavily weighted toward government procurement.

Direct contracting and bidding process with federal and state governments is the core channel. This involves responding to Requests for Proposal (RFPs) and securing long-term partnerships. For instance, in 2022, federal government contracts brought in $762 million, which was 53% of the total revenue back then. By 2023, federal and immigration authorities (like ICE, USMS, and BOP) accounted for just over 62% of total revenues. The company is actively pursuing new business; through the first three quarters of 2025, The GEO Group, Inc. secured new or expanded contracts representing over $460 million in new incremental annualized revenues. The company is positioning itself to capture more, with 6,000 available high-security idle beds ready for activation.

The company's physical footprint is a primary channel for service delivery, consisting of company-owned and operated secure facilities and processing centers. As of late 2024, The GEO Group, Inc. owned or managed 99 facilities worldwide, totaling approximately 80,000 beds. The year 2025 saw significant channel expansion through facility reactivation; for example, two company-owned facilities were reactivated in Q1 2025, expected to generate in excess of $130 million in annualized revenues. Furthermore, The GEO Group, Inc. activated five major ICE detention facilities in 2025, increasing its total ICE bed capacity to over 26,000.

A complementary channel is through managed-only contracts where The GEO Group, Inc. provides services for government-owned facilities. This allows the company to generate revenue from assets it doesn't own on its balance sheet. The company's overall revenue guidance for the full year 2025 is approximately $2.56 billion. The revenue mix is diversified across these operational models, though the exact split between owned/operated versus managed-only is embedded within the overall contract revenue.

For community supervision and reentry services, the electronic monitoring channel is key. This is primarily executed through its subsidiary, BI Incorporated. The company secured a new two-year contract with U.S. Immigration and Customs Enforcement (ICE) for the Intensive Supervision Appearance Program (ISAP) in Q3 2025. This service is delivered through a nationwide network. While you asked for 105 offices, the latest update from September 2025 indicated that BI delivers ISAP services through a nationwide network of approximately 100 offices. This segment also includes secure transportation, with new and expanded contracts expected to generate approximately $60 million in incremental annualized revenues.

Here's a quick look at the scale of the primary channels based on recent figures:

Channel Component	Latest Reported Metric/Value	Context/Date
Full Year 2025 Revenue Guidance	$2.56 billion	Full Year 2025 Estimate
New Annualized Business Won (YTD Q3 2025)	Over $460 million	Incremental Annualized Revenue
Total Owned/Managed Beds (Facilities)	Approximately 74,000 beds (at 97 facilities)	Latest reported operational footprint
ICE Detention Beds Capacity (Post-2025 Activations)	Over 26,000 beds	Capacity after 2025 facility activations
ISAP Network Offices	Approximately 100 offices	Nationwide network for ISAP services (Sep 2025)
ISAP Participants (Case Management)	Approximately 185,000 participants	Under ISAP as of December 2024

The company also uses its corporate sales and business development teams, though specific 2025 figures aren't immediately available to pair with the 2022 number of 38 dedicated professionals generating $215 million. The focus remains on securing large, multi-year government contracts, as evidenced by the recent reactivation contracts totaling in excess of $130 million in annualized revenue.

The GEO Group, Inc. (GEO) - Canvas Business Model: Customer Segments

You're looking at the core revenue drivers for The GEO Group, Inc. (GEO) as of late 2025. The business is fundamentally structured around securing and servicing contracts with government entities across multiple jurisdictions.

The primary customer base is the U.S. Federal Government, heavily weighted toward Immigration and Customs Enforcement (ICE). This segment is the focus of significant recent contract wins and capital investment.

• New or expanded contracts since the start of 2025 represent over $460 million in new incremental annualized revenues.
• Total projected full-year 2025 revenue is between $2.575 billion and $2.6 billion.
• Third Quarter 2025 revenue reached $682.3 million.

The company's operational footprint supports these contracts, with a global network spanning three continents as of late 2025.

Operational Metric	Value (Late 2025)
Total Facilities	100
Total Beds (Approximate)	81,000
Total Employees (Approximate)	20,000

Specific, high-value contracts with U.S. Federal agencies define the near-term revenue stability. Here's a look at the major federal contract activity announced in 2025:

Contract/Facility	Customer	Bed Capacity	Annualized Revenue Estimate (Year 1)	Contract Term Value
Delaney Hall Facility	ICE	1,000	Over $60 million	Approximately $1 billion
North Lake Facility	ICE	1,800	In excess of $70 million	Multi-year (finalized)
Two Reactivated Facilities (Total)	ICE	2,800	In excess of $130 million	Not specified

State and local government correctional and judicial agencies form a necessary part of the overall customer base, alongside the federal focus. While specific revenue splits aren't detailed, the operational segments show the split between company-owned/managed and third-party managed services.

• Owned and Leased Secure Services Revenue (Q3 2025): $363.2 million.
• Managed Only Revenue (Q3 2025): $164.6 million.

International government agencies provide geographic diversification. The GEO Group, Inc. maintains operations in these regions.

• Countries served: Australia, South Africa, and the United Kingdom.

For individuals transitioning from incarceration to the community, the Electronic Monitoring and Supervision Services segment serves as an indirect customer channel. This area has seen some recent contraction.

Electronic monitoring and supervision services quarterly revenue experienced a 10% decline compared to the prior year (Q4 2024 comparison).

Finance: draft 13-week cash view by Friday.

The GEO Group, Inc. (GEO) - Canvas Business Model: Cost Structure

You're looking at the hard costs that drive The GEO Group, Inc.'s operations as of late 2025. This is where the cash goes to keep the facilities running and meet contract obligations.

The payroll component is substantial, directly tied to the workforce needed to manage secure facilities, processing centers, and reentry services. The workforce capacity is cited as up to approximately 19,000 employees across worldwide operations. High operating costs are inherently linked to facility staffing and the necessary maintenance of the physical assets.

General overhead and operational expenses show upward pressure early in the year. For instance, General and Administrative Expenses increased by approximately 18% year-over-year in the fourth quarter of 2024, and Q1 2025 results reflected an increase of approximately $5 million in G&A expenses compared to Q1 2024, partly due to management reorganization in anticipation of growth projects. Operating expenses, in general, increased by approximately 1% year-over-year in the fourth quarter of 2024.

Capital expenditures (CapEx) for the full year 2025 have seen upward revisions from initial guidance. The initial projection was between $120 million and $135 million, which included a $70 million investment announced in December 2024. However, the latest guidance for full year 2025 CapEx is between $200 million and $205 million. This revised figure includes a $100 million investment to enhance ICE facilities and services and approximately $60 million for the purchase of the San Diego Facility.

Financing costs are a constant drain, based on the debt load. Interest expense is calculated against a balance that stood at approximately $1.7 billion in total net debt as of late 2024. By the end of the third quarter of 2025, net debt had been reduced to approximately $1.4 billion. The company's EBITDA interest coverage ratio was projected to be 4.0x for 2025, up from 3.3x in 2024.

Here is a breakdown of key financial metrics relevant to the cost structure:

Cost/Metric Category	Relevant Financial Data Point	Period/Context
Total Net Debt (Starting Point)	Approximately $1.7 billion	As of late 2024
Total Net Debt (Latest Reported)	Approximately $1.4 billion	End of Q3 2025
Projected Full Year 2025 CapEx (Latest)	Between $200 million and $205 million	Full Year 2025 Guidance
CapEx Allocation (ICE Enhancement)	$100 million	Included in 2025 CapEx
CapEx Allocation (San Diego Facility Purchase)	Approximately $60 million	Included in 2025 CapEx
Workforce Size	Up to approximately 19,000 employees	2025 Context
G&A Expense Change (Q1 vs. Prior Year)	Increase of approximately $5 million	First Quarter 2025

Compliance, legal, and administrative costs are embedded within the operating expenses and G&A figures. The company's financial health covenants include a total net leverage ratio that steps down to 4.75x in the fourth quarter of 2025.

• Higher overhead and operating expenses impacted the first half of 2025.
• Expected full year 2025 Adjusted EBITDA is between $465 million and $490 million.
• The company aims to reduce total net debt by approximately $150 million to $175 million during 2025.

Finance: draft 13-week cash view by Friday.

The GEO Group, Inc. (GEO) - Canvas Business Model: Revenue Streams

You're looking at how The GEO Group, Inc. (GEO) brings in its money as of late 2025. It's a mix of long-term contracts and specific service fees, which is typical for this sector. Honestly, the revenue streams are heavily reliant on government agreements for housing and supervision services.

The core of the revenue comes from managing secure facilities. This is broken down into different contract types. For instance, you see revenue generated from fixed fees on managed-only contracts. To give you a concrete example, new contract awards announced in Q1 2025 for reactivating two facilities totaled in excess of $130 million in annualized revenues.

Revenue from Electronic Monitoring and Supervision Services (ISAP) is another stream. For the third quarter of 2025, this segment brought in $80.5 million. This is a relatively stable, though smaller, component compared to the facility management side.

The company also generates significant revenue from its owned and leased facilities. Here's a snapshot of the Q3 2025 performance for the main service segments:

Revenue Stream Segment	Q3 2025 Revenue (Millions USD)	Growth vs. Prior Year
Owned and Leased Secure Services	$363.2	21.6% increase
Managed Only Revenue	$164.6	7.7% growth
Electronic Monitoring and Supervision Services	$80.5	Relatively flat

While per-diem rates are the underlying mechanism for much of this, the reported figures reflect the aggregate revenue from these service categories. The company is also benefiting from capital events, such as the sale of assets. The GEO Group, Inc. completed the sale of the GEO-owned Lawton Correctional Facility in Oklahoma on July 25, 2025, for $312 million. This cash infusion is used for debt reduction and other corporate purposes.

Looking at the top line for the entire year, The GEO Group, Inc. has updated its financial outlook. For the full year 2025, projected revenue guidance is between $2.575 billion and $2.6 billion. Some reports cite the expected revenue as approximately $2.56 billion. This revenue base supports the overall business model.

You can see the key financial markers for the revenue streams here:

• Full Year 2025 Revenue Guidance: Approximately $2.56 billion to $2.6 billion.
• Lawton Facility Sale Proceeds (2025): $312 million.
• Annualized Revenue from New Contract Awards (Q1 2025): In excess of $130 million.
• Q3 2025 Electronic Monitoring Revenue: $80.5 million.
• Q3 2025 Owned & Leased Services Revenue: $363.2 million.

Finance: draft 13-week cash view by Friday.