CoreCivic and GEO Group Post $1.4 Billion in a Single Quarter — and Tell Investors Haitian Deportations Will Sell More Ankle Monitors

CoreCivic and GEO Group reported a combined $1.4 billion in revenue for the April-through-June quarter in earnings calls on Aug. 6, 2026. CoreCivic said revenue rose just over 27% year over year to $684.9 million; GEO Group said revenue rose by nearly $96 million, or 15%, to $732.1 million. Those figures exclude what CoreCivic put at $1.6 billion in net proceeds from its recent facility sales to the Department of Homeland Security, which chief executive Patrick Swindle said worked out to an average of about $307,000 per bed. GEO Group chief executive George Zoley told investors that electronic-monitoring sales are rising and would likely climb further now that Temporary Protected Status for Haitians has ended.

The earnings tie contractor revenue directly to specific enforcement decisions, including the termination of a protected status, and arrive as detention approaches record levels.

The United States was holding almost 66,000 people in immigration detention, according to the Transactional Records Access Clearinghouse. A former GEO Group executive, David Venturella, is acting director of ICE; he has told lawmakers he divested his GEO Group stock.