The GEO Group, Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $47.5M | $38.3M | $31.8M | $173.9M | $29.1M | $19.6M | $15.5M | $26.3M |
| Depreciation & Amortization | $34.2M | $33.8M | $34.1M | $33.0M | $32.7M | $32.1M | $31.8M | $31.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $1.7M | $1.9M | $2.4M | $2.3M | $2.3M | $2.3M | $2.3M | $2.3M |
| Stock-Based Compensation | $4.9M | $7.8M | $4.0M | $7.6M | $5.5M | $6.5M | $5.8M | $3.5M |
| Net Cash from Operating Activities | $80.0M | $156.5M | $-117.3M | $79.6M | $39.2M | $71.2M | $18.5M | $109.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.6M | $21.7M | $36.2M | $93.7M | $36.8M | $30.8M | $20.8M | $18.7M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-28.2M | $-22.2M | $-38.1M | $225.6M | $-50.7M | $-31.1M | $-21.5M | $-43.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $36.6M | $50.1M | $49.4M | $41.6M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-82.9M | $-117.3M | $46.5M | $-194.5M | $11.8M | $-49.4M | $17.2M | $-72.9M |
| Net Change in Cash | $-30.6M | $18.1M | $-107.9M | $111.0M | $3.4M | $-8.7M | $7.5M | $-4.3M |
| Free Cash Flow | $59.4M | $134.8M | $-153.6M | $-14.1M | $2.4M | $40.5M | $-2.3M | $90.5M |