Three Months Ended

Nine Months Ended

September 30, 2025

September 30, 2024

September 30, 2025

September 30, 2024

Net income

$

173,922

$

26,289

$

222,538

$

16,385

Net loss attributable to noncontrolling interests

18

31

68

90

Less: Undistributed income allocable to participating securities

—

—

—

(1,338

)

Net income attributable to The GEO Group, Inc.

173,940

26,320

222,606

15,137

Basic earnings per share attributable to The GEO Group, Inc.

Weighted average shares outstanding

138,283

135,961

137,992

129,682

Per share amount

$

1.26

$

0.19

$

1.61

$

0.12

Diluted earnings per share attributable to The GEO Group, Inc.

Weighted average shares outstanding

138,283

135,961

137,992

129,682

Dilutive effect of equity incentive plans

1,709

2,169

2,517

2,340

Weighted average shares assuming dilution

139,992

138,130

140,509

132,022

Per share amount

$

1.24

$

0.19

$

1.58

$

0.11