GEO Group (GEO) Revenue & Revenue Breakdown

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GEO Group Revenue Highlights

Latest Revenue (Y)

$2.41B

Latest Revenue (Q)

$603.13M

Main Segment (Y)

Us Corrections And Detention

Main Geography (Y)

UNITED STATES

GEO Group Revenue by Period

GEO Group Revenue by Year

Date	Revenue	Change
2023-12-31	$2.41B	1.53%
2022-12-31	$2.38B	5.32%
2021-12-31	$2.26B	-3.98%
2020-12-31	$2.35B	-5.16%
2019-12-31	$2.48B	6.29%
2018-12-31	$2.33B	3.00%
2017-12-31	$2.26B	3.85%
2016-12-31	$2.18B	18.24%
2015-12-31	$1.84B	8.97%
2014-12-31	$1.69B	11.14%
2013-12-31	$1.52B	2.91%
2012-12-31	$1.48B	-8.30%
2012-01-01	$1.61B	27.00%
2011-01-02	$1.27B	11.29%
2010-01-03	$1.14B	9.40%
2008-12-28	$1.04B	1.77%
2007-12-30	$1.02B	19.04%
2006-12-31	$860.88M	40.46%
2006-01-01	$612.90M	-0.27%
2005-01-02	$614.55M	-0.48%
2003-12-28	$617.49M	8.60%
2002-12-29	$568.61M	1.16%
2001-12-30	$562.07M	4.95%
2000-12-31	$535.56M	22.13%
2000-01-02	$438.50M	40.19%
1999-01-03	$312.80M	51.18%
1997-12-28	$206.90M	50.15%
1996-12-29	$137.80M	38.63%
1995-12-31	$99.40M	-5.78%
1994-12-31	$105.50M	67.99%
1993-12-31	$62.80M	-

GEO Group generated $2.41B in revenue during NA 2023, up 1.53% compared to the previous quarter, and up 103.51% compared to the same period a year ago.

GEO Group Revenue by Quarter

Date	Revenue	Change
2024-09-30	$603.13M	-0.67%
2024-06-30	$607.18M	0.25%
2024-03-31	$605.67M	-0.43%
2023-12-31	$608.28M	0.91%
2023-09-30	$602.78M	1.50%
2023-06-30	$593.89M	-2.35%
2023-03-31	$608.21M	-2.01%
2022-12-31	$620.68M	0.65%
2022-09-30	$616.68M	4.85%
2022-06-30	$588.18M	6.71%
2022-03-31	$551.18M	-1.14%
2021-12-31	$557.54M	0.05%
2021-09-30	$557.28M	-1.44%
2021-06-30	$565.42M	-1.90%
2021-03-31	$576.38M	-0.30%
2020-12-31	$578.12M	-0.18%
2020-09-30	$579.14M	-1.48%
2020-06-30	$587.83M	-2.84%
2020-03-31	$605.02M	-2.69%
2019-12-31	$621.71M	-1.56%
2019-09-30	$631.58M	2.87%
2019-06-30	$613.97M	0.54%
2019-03-31	$610.67M	1.87%
2018-12-31	$599.43M	2.72%
2018-09-30	$583.53M	0.00%
2018-06-30	$583.51M	3.29%
2018-03-31	$564.92M	-0.71%
2017-12-31	$568.98M	0.39%
2017-09-30	$566.76M	-1.79%
2017-06-30	$577.07M	4.80%
2017-03-31	$550.61M	-2.82%
2016-12-31	$566.58M	2.20%
2016-09-30	$554.38M	1.10%
2016-06-30	$548.35M	7.48%
2016-03-31	$510.19M	2.01%
2015-12-31	$500.13M	6.44%
2015-09-30	$469.87M	5.36%
2015-06-30	$445.94M	4.35%
2015-03-31	$427.37M	-0.09%
2014-12-31	$427.74M	-6.59%
2014-09-30	$457.90M	10.91%
2014-06-30	$412.84M	5.01%
2014-03-31	$393.14M	2.50%
2013-12-31	$383.55M	0.98%
2013-09-30	$379.84M	-0.47%
2013-06-30	$381.65M	1.23%
2013-03-31	$377.03M	48.48%
2012-12-31	$253.93M	-38.29%
2012-09-30	$411.52M	-0.20%
2012-07-01	$412.35M	0.00%
2012-04-01	$412.34M	1.44%
2012-01-01	$406.47M	-0.09%
2011-10-02	$406.85M	-0.24%
2011-07-03	$407.82M	4.10%
2011-04-03	$391.77M	4.64%
2011-01-02	$374.40M	14.17%
2010-10-03	$327.93M	17.08%
2010-07-04	$280.10M	-2.59%
2010-04-04	$287.54M	-7.48%
2010-01-03	$310.79M	5.40%
2009-09-27	$294.87M	6.69%
2009-06-28	$276.38M	6.68%
2009-03-29	$259.06M	16.69%
2008-12-28	$222.00M	-16.35%
2008-09-28	$265.41M	-5.73%
2008-06-29	$281.54M	-

GEO Group generated $603.13M in revenue during Q3 2024, up -0.67% compared to the previous quarter, and up 101.55% compared to the same period a year ago.

GEO Group Revenue Breakdown

GEO Group Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
International Services Segment	$193.89M	$187.20M	$213.85M	$211.62M	-
Electronic Monitoring And Supervision Services	$425.88M	$496.27M	$278.93M	-	-
Reentry Services	$275.10M	$155.93M	$33.92M	-	-
Us Corrections And Detention	$1.52B	$1.11B	$1.13B	$1.20B	-
G E O Care	-	-	-	$75.79M	-
Facility Constructions And Design	-	-	-	$15.92M	-
Facility Constructionsand Design Segment	-	-	-	$15.92M	-
Facility Constructions and Design	-	-	-	-	$29.98M
Facility Constructions and Design Segment	-	-	-	-	-
US Corrections and Detention	-	-	-	-	$1.23B
GEO Care	-	-	-	-	$87.19M

GEO Group's latest annual revenue breakdown by segment (product or service), as of Dec 23: Us Corrections And Detention (62.92%), Electronic Monitoring And Supervision Services (17.65%), Reentry Services (11.40%), and International Services Segment (8.03%).

Quarterly Revenue by Product

Product/Service	Sep 24	Mar 24	Dec 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Sep 20	Jun 20	Mar 20	Sep 19	Jun 19	Mar 19	Dec 18
International Services Segment	$52.04M	$50.12M	$144.59M	$45.73M	$3.58M	$43.30M	$45.74M	$47.57M	$50.59M	$53.09M	$52.35M	$54.92M	$53.48M	$48.49M	$53.25M	$56.85M	$57.63M	$54.39M	$64.22M	$60.75M
Electronic Monitoring And Supervision Services	$80.07M	$86.78M	$185.21M	$108.03M	$132.64M	$149.82M	$137.04M	$121.48M	$87.92M	-	-	-	-	-	-	-	-	-	-	-
Us Corrections And Detention	$400.91M	$400.94M	$779.79M	$372.54M	$365.96M	$364.69M	$368.49M	$353.40M	$351.25M	$363.92M	$369.61M	$368.39M	$387.01M	-	-	-	-	-	-	-
Reentry Services	$70.11M	$12.74M	$143.28M	$67.59M	$64.22M	$62.87M	$65.41M	$65.72M	$61.43M	-	-	-	-	-	-	-	-	-	-	-
Facility Constructions And Design	-	-	-	-	-	-	-	-	-	-	$3.00K	$199.00K	$400.00K	$3.32M	$6.62M	$5.59M	-	-	-	-
G E O Care	-	-	-	-	-	-	-	-	-	-	$135.31M	$141.91M	$135.48M	$134.94M	$138.24M	$144.46M	-	-	-	-
G E O Secure Services	-	-	-	-	-	-	-	-	-	-	-	-	-	$392.38M	$389.72M	$398.11M	-	-	-	-
US Corrections and Detention	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$411.08M	$399.48M	$390.51M	$385.96M
Facility Constructions and Design	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$9.45M	$4.60M	$2.09M	$4.23M
GEO Care	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$153.42M	$155.51M	$153.84M	$148.49M
Facility Constructions and Design Segment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$4.23M

GEO Group's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Us Corrections And Detention (66.47%), Electronic Monitoring And Supervision Services (13.28%), Reentry Services (11.62%), and International Services Segment (8.63%).

GEO Group Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
AUSTRALIA	$177.65M	$168.22M	$186.98M	$201.93M	$235.46M
UNITED STATES	$2.22B	$2.19B	$2.04B	$2.12B	$2.22B
SOUTH AFRICA	$16.11M	$18.98M	$19.53M	$17.04M	$18.78M

GEO Group's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (91.97%), AUSTRALIA (7.36%), and SOUTH AFRICA (0.67%).

GEO Group Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
REZI	Resideo	$6.24B	$1.83B
BCO	Brink's	$4.87B	$-2.49B
ALLE	Allegion	$3.65B	$967.10M
GEO	GEO Group	$2.41B	$603.13M
MSA	MSA Safety	$1.79B	$432.68M
BRC	Brady	$1.34B	$377.06M
MG	Mistras Group	$705.47M	$182.69M
NSSC	Napco Security	$188.82M	$44.00M
NL	NL Industries	$161.29M	$35.89M
GFAI	Guardforce AI	$36.28M	$17.87M

GEO Revenue FAQ

What is GEO Group’s yearly revenue?

GEO Group's yearly revenue for 2023 was $2.41B, representing an increase of 1.53% compared to 2022. The company's yearly revenue for 2022 was $2.38B, representing an increase of 5.32% compared to 2021. GEO's yearly revenue for 2021 was $2.26B, representing a decrease of -3.98% compared to 2020.

What is GEO Group’s quarterly revenue?

GEO Group's quarterly revenue for Q3 2024 was $603.12M, a -0.67% decrease from the previous quarter (Q2 2024), and a 0.06% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $607.18M, a 0.25% increase from the previous quarter (Q1 2024), and a 2.24% increase year-over-year (Q2 2023). GEO's quarterly revenue for Q1 2024 was $605.67M, a -0.43% decrease from the previous quarter (Q4 2023), and a -0.42% decrease year-over-year (Q1 2023).

What is GEO Group’s revenue growth rate?

GEO Group's revenue growth rate for the last 3 years (2021-2023) was 6.94%, and for the last 5 years (2019-2023) was -2.61%.

What are GEO Group’s revenue streams?

GEO Group's revenue streams in c 23 are International Services Segment, Electronic Monitoring And Supervision Services, Reentry Services, and Us Corrections And Detention. International Services Segment generated $193.89M in revenue, accounting 8.03% of the company's total revenue, up 3.58% year-over-year. Electronic Monitoring And Supervision Services generated $425.88M in revenue, accounting 17.65% of the company's total revenue, down -14.18% year-over-year. Reentry Services generated $275.1M in revenue, accounting 11.40% of the company's total revenue, up 76.42% year-over-year. Us Corrections And Detention generated $1.52B in revenue, accounting 62.92% of the company's total revenue, up 36.79% year-over-year.

What is GEO Group’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of GEO Group was Us Corrections And Detention. This segment made a revenue of $1.52B, representing 62.92% of the company's total revenue.