Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2025

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Share

Basic and diluted earnings per share were calculated for the three months ended March 31, 2025 and 2024 as follows (in thousands, except per share data):

	Three Months Ended
	March 31, 2025		March 31, 2024
Net income	$	19,542	$	22,659
Net loss attributable to noncontrolling interests		16		9
Less: Undistributed income allocable to participating securities		—		(3,834	)
Net income attributable to The GEO Group, Inc. available to common stockholders		19,558		18,834
Basic earnings per share attributable to The GEO Group, Inc. available to common stockholders:
Weighted average shares outstanding		137,143		122,497
Per share amount	$	0.14	$	0.15
Diluted earnings per share attributable to The GEO Group, Inc. available to common stockholders:
Weighted average shares outstanding		137,143		122,497
Dilutive effect of equity incentive plans		3,772		2,800
Dilutive effect of exchangeable notes		—		5,690
Weighted average shares assuming dilution		140,915		130,987
Per share amount	$	0.14	$	0.14