The Geo Group, Inc. (GEO): Business Model Canvas [Jan-2025 Mise à jour]

Dans le monde complexe de la gestion des établissements correctionnels, le Geo Group, Inc. (GEO) est un acteur pivot transformant comment les gouvernements abordent la détention, la réhabilitation et la sécurité publique. En tirant parti d'un modèle commercial complexe qui mélange les technologies avancées, les offres de services complètes et les partenariats gouvernementaux stratégiques, GEO s'est positionné comme un fournisseur d'infrastructures critiques dans le paysage des services correctionnels. Leur approche innovante va au-delà de la gestion traditionnelle des prisons, intégrant une surveillance électronique sophistiquée, des programmes de réadaptation et des stratégies opérationnelles rentables qui relèvent les défis à multiples facettes des systèmes correctionnels modernes.

The Geo Group, Inc. (GEO) - Modèle d'entreprise: partenariats clés

Partenariats des agences gouvernementales

Le groupe GEO maintient des partenariats critiques avec:

• Bureau fédéral des prisons
• Immigration et application des douanes aux États-Unis (ICE)
• Départements d'État des services correctionnels dans 12 États

Agence gouvernementale	Valeur du contrat	Contribution annuelle des revenus
Bureau fédéral des prisons	441,2 millions de dollars	22,3% des revenus totaux
Installations de détention de glace	385,7 millions de dollars	19,5% des revenus totaux

Entrepreneurs de gestion des prisons privées

Les partenariats clés du secteur privé comprennent:

• Corecivic
• Gestion & Société de formation
• Corrections de Lasalle

Fournisseurs de programmes de réhabilitation et de réintégration

Partenaire	Type de programme	Investissement annuel
Association d'éducation correctionnelle	Programmes éducatifs	12,3 millions de dollars
Institut national des services correctionnels	Services de rentrée	8,7 millions de dollars

Fournisseurs de la technologie et des équipements de sécurité

• Solutions Motorola
• Tyco Security Systems
• Honeywell International

Fournisseurs de services de santé

Prestataire de santé	Services	Valeur du contrat annuel
Corizon Health	Services médicaux	67,5 millions de dollars
Puiser	Gestion des soins de santé	52,3 millions de dollars

The Geo Group, Inc. (GEO) - Modèle d'entreprise: activités clés

Gestion des prisons et de la détention

En 2024, le groupe GEO gère 104 installations dans le monde, avec une capacité totale d'environ 96 000 lits. La société exploite des installations dans 4 pays, dont les États-Unis, l'Australie, le Royaume-Uni et l'Afrique du Sud.

Type d'installation	Nombre d'installations	Capacité totale du lit
Installations fédérales	37	42 500 lits
Installations d'État	45	35 000 lits
Installations internationales	22	18 500 lits

Programmes de réhabilitation des prisonniers et de réintégration

Le groupe GEO met en œuvre des programmes de réhabilitation dans ses installations, avec un investissement annuel de 24,3 millions de dollars dans les initiatives d'éducation et de formation.

• Programmes de préparation GED disponibles dans 89 installations
• Formation professionnelle dans 76 installations
• Programmes de traitement de la toxicomanie dans 92 installations

Services de surveillance électronique

La société fournit des services de surveillance électronique pour environ 120 000 délinquants par an, avec un chiffre d'affaires de 187,5 millions de dollars par rapport à ces services en 2023.

Type de surveillance	Nombre de délinquants	Revenus annuels
Suivi GPS	85,000	132 millions de dollars
Surveillance de la radiofréquence	35,000	55,5 millions de dollars

Conception et construction des installations correctionnelles

Le groupe GEO a réalisé 12 nouveaux projets de construction d'installations au cours des 3 dernières années, avec un investissement total de 456 millions de dollars.

Services de transport et de suivi des délinquants

La société procède à environ 75 000 opérations de transport des prisonniers chaque année, avec une flotte dédiée de 230 véhicules spécialisés.

Type de transport	Opérations annuelles	Distance moyenne par opération
Transferts interétatiques	45,000	350 miles
Transferts locaux	30,000	75 miles

The Geo Group, Inc. (GEO) - Modèle d'entreprise: Ressources clés

Réseau étendu des installations correctionnelles

En 2023, le groupe GEO exploite 102 installations dans le monde, avec une capacité totale d'environ 96 000 lits. La rupture des installations de l'entreprise comprend:

Type d'installation	Nombre d'installations	Capacité totale du lit
Corrections américaines & Détention	57	49 300 lits
Installations internationales	20	21 500 lits
Geo Care (services de réadaptation)	25	25 200 lits

Formation spécialisée du personnel

Le groupe GEO emploie environ 18 500 membres du personnel dans ses installations. Les investissements de formation du personnel comprennent:

• Budget de formation annuel: 12,3 millions de dollars
• Heures de formation moyennes par employé: 40 heures / an
• Professionnels des services correctionnels certifiés: 65% du personnel de gestion

Technologies avancées de sécurité et de surveillance

Investissements infrastructures technologiques:

Catégorie de technologie	Investissement annuel
Systèmes de sécurité	8,7 millions de dollars
Surveillance numérique	5,2 millions de dollars
Cybersécurité	3,6 millions de dollars

Relations de contrat du gouvernement

Détails du portefeuille de contrats:

• Total des contrats gouvernementaux actifs: 89
• Gamme de valeur du contrat: 50 millions de dollars - 750 millions de dollars
• Durée du contrat moyen: 5-7 ans
• Clients gouvernementaux: agences fédérales, étatiques et locales

Systèmes de gestion des détenus complets

Spécifications de la plate-forme technologique:

• Logiciel de gestion des détenus personnalisés
• Investissement annuel sur le développement de logiciels: 4,5 millions de dollars
• Capacités de suivi en temps réel
• Gestion intégrée du programme de réadaptation

The Geo Group, Inc. (GEO) - Modèle d'entreprise: propositions de valeur

Gestion des installations correctionnelles rentables

Le groupe GEO gère 102 installations à l'échelle mondiale d'une capacité totale de 96 000 lits. Le chiffre d'affaires annuel en 2022 était de 2,91 milliards de dollars, avec une marge d'exploitation de 14,2%. Le coût quotidien moyen par détenu est de 79,57 $, nettement inférieur aux installations gérées par le gouvernement.

Métrique	Valeur
Total des installations	102
Capacité totale du lit	96,000
Revenus annuels (2022)	2,91 milliards de dollars
Marge opérationnelle	14.2%
Coût quotidien par détenu	$79.57

Sécurité publique améliorée par détention sécurisée

GEO exploite des installations avec Composition de la sécurité à 99,8% Dans les contrats fédéraux, étatiques et gouvernementaux locaux.

• Taux d'incident de sécurité de 0,2%
• Protocoles complets de gestion des risques
• Technologies de surveillance avancées

Programmes de réhabilitation et de réintégration complets

GEO fournit des services de réadaptation dans 67 installations, avec 124 millions de dollars investis dans les programmes de formation en éducation et professionnelle chaque année.

Catégorie de programme	Investissement annuel
Programmes éducatifs	62 millions de dollars
Formation professionnelle	62 millions de dollars
Investissement total du programme	124 millions de dollars

Solutions correctionnelles axées sur la technologie innovante

L'investissement technologique de 43,6 millions de dollars en 2022 s'est concentré sur la surveillance numérique, les systèmes biométriques et les plateformes de sécurité axées sur l'IA.

• Systèmes de suivi des détenus en temps réel
• Contrôle d'accès biométrique
• Analyse des comportements prédictifs

Opérations d'installations efficaces et professionnelles

Ratio moyen du personnel / des camarades de 1: 5, avec un investissement annuel de formation du personnel de 18,3 millions de dollars garantissant des normes professionnelles de haute qualité.

Métrique opérationnelle	Valeur
Ratio de personnel / camoure	1:5
Investissement annuel de formation du personnel	18,3 millions de dollars

The Geo Group, Inc. (GEO) - Modèle d'entreprise: relations avec les clients

Partenariats contractuels du gouvernement à long terme

Le groupe Geo maintient 37 Contrats gouvernementaux actifs en 2023, avec une durée de contrat moyenne de 10,5 ans. La valeur totale du contrat entre ces partenariats atteint 3,2 milliards de dollars.

Type de contrat	Nombre de contrats	Revenus annuels
Installations correctionnelles fédérales	12	987 millions de dollars
Installations correctionnelles de l'État	22	1,4 milliard de dollars
Centres de détention d'immigration	3	815 millions de dollars

Accords de service basés sur les performances

Le groupe GEO s'implémente métriques de performance Dans 89% des contrats gouvernementaux, avec des incitations financières liées à:

• Taux de réduction de la récidive
• Efficacité du programme de réadaptation
• Normes de sécurité des installations
• Métriques d'efficacité opérationnelle

Communication continue avec les autorités correctionnelles

La fréquence de communication avec les partenaires du gouvernement comprend:

Canal de communication	Fréquence
Revues de performance mensuelles	100% des contrats
Réunions de conformité trimestrielle	95% des contrats
Audits complets annuels	100% des contrats

Documentation régulière de reportage et de conformité

La conformité de signalement implique 26 Streams de documentation standardisés différents, couvrant:

• Gestion de la population des détenus
• Prestation de services de santé
• Rapports d'incident de sécurité
• Résultats du programme de réadaptation

Solutions de gestion des installations personnalisées

L'approche de personnalisation comprend:

• Conceptions d'installations sur mesure pour des exigences juridictionnelles spécifiques
• Développement de programmes de réadaptation spécialisés
• Intégration technologique correspondant aux spécifications du client

Investissement total dans les capacités de personnalisation: 78,5 millions de dollars en 2023.

The Geo Group, Inc. (GEO) - Modèle d'entreprise: canaux

Processus d'achat du gouvernement direct

Le Geo Group, Inc. a obtenu 762 millions de dollars de contrats du gouvernement fédéral en 2022, ce qui représente 53% du total des revenus de l'entreprise.

Type de contrat	Valeur	Pourcentage de revenus
Contrats du gouvernement fédéral	762 millions de dollars	53%
Contrats du gouvernement de l'État	415 millions de dollars	29%

Demande de systèmes d'appel d'offres de demande (DP)

Geo Group a participé à 47 processus du gouvernement du gouvernement en 2022, remportant 22 contrats.

• Total des soumissions de DP: 47
• Contrat réussi Gagit: 22
• Taux de victoire: 46,8%

Équipes de vente d'entreprises et de développement des entreprises

L'entreprise a employé 38 professionnels dédiés au développement des entreprises en 2022, générant 215 millions de dollars par le biais de canaux de vente directs.

Plateforme en ligne et site Web d'entreprise

Métriques des canaux numériques	2022 données
Visiteurs mensuels du site Web	124,500
Soumissions de propositions en ligne	89

Conférences de l'industrie et événements de réseautage gouvernemental

Geo Group a assisté à 16 conférences importantes sur l'industrie correctionnelle et de détention en 2022, générant environ 43 millions de dollars de possibilités de contrat potentielles.

• Conférences assistées: 16
• Opportunités de contrat potentielles générées: 43 millions de dollars
• Directes de réseautage: 127

The Geo Group, Inc. (GEO) - Modèle d'entreprise: segments de clientèle

Agences correctionnelles fédérales

Le groupe GEO gère 9 installations correctionnelles fédérales avec une capacité totale de environ 10 500 lits. Au cours de l'exercice 2022, les revenus des contrats fédéraux ont totalisé 536,8 millions de dollars.

Type de contrat	Nombre d'installations	Revenus annuels
Contrats du Bureau fédéral des prisons	6	392,4 millions de dollars
Contrats de service des maréchaux américains	3	144,4 millions de dollars

Systèmes de prison d'État

Geo fonctionne 28 installations correctionnelles de l'État à travers plusieurs états avec une capacité combinée de Environ 33 000 lits. Les revenus des contrats d'État en 2022 étaient 712,5 millions de dollars.

• Texas: 10 installations
• Floride: 7 installations
• Californie: 3 installations

Centres de détention du comté local

La société gère 17 centres de détention du comté avec une capacité totale de environ 15 500 lits. Les revenus du contrat du gouvernement local en 2022 ont atteint 287,3 millions de dollars.

Immigration et application des douanes

Geo fonctionne 5 centres de détention d'immigration avec une capacité de Environ 16 000 lits. Les revenus du contrat lié à la glace en 2022 étaient 461,2 millions de dollars.

Emplacement de l'installation	Capacité de lit	Revenus annuels
Texas	6 500 lits	198,6 millions de dollars
Californie	4 200 lits	127,4 millions de dollars

Services de probation et de libération conditionnelle

Geo fournit services de réintégration et de réadaptation dans 12 États. Les revenus liés à la probation et à la libération conditionnelle en 2022 ont totalisé 89,7 millions de dollars.

• Services de surveillance électronique
• Centres de rentrée résidentielle
• Programmes de supervision communautaire

The Geo Group, Inc. (GEO) - Modèle d'entreprise: Structure des coûts

Frais opérationnels de l'installation

En 2022, le groupe GEO a déclaré des dépenses opérationnelles totales de 1,98 milliard de dollars. Cela comprend les coûts pour:

• Services publics: 247 millions de dollars
• Maintenance des biens: 312 millions de dollars
• Gestion des installations: 421 millions de dollars

Catégorie de dépenses	Coût annuel
Frais opérationnels de l'installation	1,98 milliard de dollars
Services publics	247 millions de dollars
Maintenance des biens	312 millions de dollars
Gestion des installations	421 millions de dollars

Salaires et formation du personnel

Les dépenses totales liées au personnel en 2022 étaient de 638 millions de dollars, notamment:

• Salaires de base: 492 millions de dollars
• Formation et développement professionnel: 36 millions de dollars
• Avantages et soins de santé: 110 millions de dollars

Investissements technologiques de sécurité

Le groupe GEO a investi 124 millions de dollars dans la technologie de sécurité en 2022, avec une rupture comme suit:

• Systèmes de surveillance: 53 millions de dollars
• Technologies de contrôle d'accès: 41 millions de dollars
• Infrastructure de sécurité numérique: 30 millions de dollars

Conformité et adhésion réglementaire

Les dépenses liées à la conformité ont totalisé 86 millions de dollars en 2022:

• Conseil de conformité juridique: 34 millions de dollars
• Représentation réglementaire: 22 millions de dollars
• Logiciel et systèmes de conformité: 30 millions de dollars

Mises à niveau de maintenance et d'infrastructure

Les investissements d'infrastructure et de maintenance en 2022 étaient de 276 millions de dollars:

• Rénovations des installations: 187 millions de dollars
• Modernisation des infrastructures: 89 millions de dollars

Composants de la structure des coûts totaux	Montant
Frais opérationnels de l'installation	1,98 milliard de dollars
Salaires et formation du personnel	638 millions de dollars
Investissements technologiques de sécurité	124 millions de dollars
Conformité et adhésion réglementaire	86 millions de dollars
Mises à niveau de maintenance et d'infrastructure	276 millions de dollars
Structure totale des coûts	3,104 milliards de dollars

The Geo Group, Inc. (GEO) - Modèle d'entreprise: Strots de revenus

Contrats de gestion des installations correctionnelles du gouvernement

Au cours de l'exercice 2022, le groupe GEO a déclaré un chiffre d'affaires total de 2,30 milliards de dollars, avec des contrats de gestion des installations correctionnels du gouvernement représentant une partie substantielle de ces revenus.

Type de contrat	Revenus annuels	Nombre d'installations
Contrats du gouvernement fédéral	756 millions de dollars	13 installations
Contrats du gouvernement de l'État	542 millions de dollars	27 installations

Frais de logement des détenus par diém

Le groupe GEO facture des tarifs par diém pour le logement des détenus dans diverses installations.

• Taux moyen par Diem: 72,50 $ par détenu
• Total des détenus hébergés en 2022: environ 95 000
• Revenu annuel par Diem: 789 millions de dollars

Frais de service de surveillance électronique

Les services de surveillance électronique ont généré 124 millions de dollars de revenus pour la société en 2022.

Type de service	Revenus annuels	Nombre de personnes surveillées
Surveillance GPS	87 millions de dollars	48 000 personnes
Surveillance de la radiofréquence	37 millions de dollars	22 000 personnes

Mise en œuvre du programme de réadaptation

Les programmes de réadaptation ont contribué 92 millions de dollars à la source de revenus de l'entreprise en 2022.

• Nombre de programmes de réadaptation: 37
• Participants aux programmes de réadaptation: 28 500
• Coût moyen du programme par participant: 3 230 $

Services de construction et de conception des installations

En 2022, les services de construction et de conception des installations ont généré 186 millions de dollars de revenus.

Catégorie de service	Revenus annuels	Nombre de projets
Construction de nouvelles installations	132 millions de dollars	8 projets
Rénovation des installations	54 millions de dollars	15 projets

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.