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private prisons
Private Prison Firm GEO Group Reports Record $254 Million Profit After New ICE Contracts
"Trump’s donors are making money from this violent separation of our immigrant families," said Rep. Rashida Tlaib. "This is corruption."
Feb 13, 2026
Private prison company GEO Group on Thursday reported a company record of $254 million in profit last year—a roughly 700% increase over 2024—driven by asset sales and contracts with the Trump administration to build several new US Immigration and Customs Enforcement detention facilities across the US.
GEO Group secured approximately $520 million in new or expanded contracts in 2025, based on annualized revenue, according to company founder and executive chairman George Zoley.
"This represents the largest amount of new business we have won in a single year in our company's history," Zoley said during an earnings call on Thursday. "We have entered into new contracts to house ICE detainees at four facilities totaling approximately 6,000 beds."
Those facilities are: Delaney Hall in Newark, New Jersey; North Lake Processing Center in Baldwin, Michigan; Folkston Processing Center at the D. Ray James Correctional Institution in Georgia; and a so-called "deportation depot" at the Baker Correctional Institution in Sanderson, Florida.
"The census across our active ICE facilities has continued to steadily increase from the third quarter at approximately 22,000 to presently approximately 24,000, which is the highest level of ICE populations we have ever had," Zoley said. "This past year, we also significantly expanded the delivery of our secure transportation services on behalf of both ICE and the US Marshals Service, valued at approximately $60 million in incremental annualized revenue."
"We continue to be optimistic about the importance and growth potential of the ICE contract," he added. "The new two-year contract includes pricing for 361,000 participants in year one and 465,000 participants in year two. With the capital investment we made in 2025, we believe we have the capability in scaling monitoring devices and case management services to achieve those significantly increased participation levels and far beyond if desired by ICE."
The so-called One Big Beautiful Bill Act signed last July by President Donald Trump contained a massive increase in funding for the Department of Homeland Security (DHS), ICE's parent agency, including about $45 billion for expanding immigrant detention capacity.
Days after Trump's 2024 reelection—which private prison companies funded to the tune of over $1 million—Zoley hailed the "unprecedented opportunity" of the incoming administration's mass deportation campaign.
“The GEO Group was built for this unique moment in our company’s [and] country’s history, and the opportunity that it will bring,” he beamed.
Unlike state prisons or county and local jails, which are accountable to oversight agencies, privately operated ICE detention centers are not subject to state regulation or inspection. These facilities are plagued by a history of abuse, often sexual in nature, and sometimes alleged deadly medical neglect—problems that carried over from previous administrations.
Thirty-two people died in ICE custody last year, the agency's deadliest in two decades. Most of these deaths reportedly occurred in privately operated detention centers, and 10 immigrants died in GEO Group facilities, according to data collected by attorney and independent journalist Andrew Free.
GEO Group's earnings call came just days after three detainees at one of the company's facilities in Washington state filed a lawsuit accusing two guards there of sexually assaulting and beating them, and then trying to cover it up. The company has been previously sued for alleged inadequate medical care, wrongful deaths, and forced labor.
This, in a system in which immigrant detention is meant to be nonpunitive and in which only a tiny fraction of those detained have been charged or convicted of any violent crime, according to a leaked DHS document exposed earlier this week.
Another private prison company, CoreCivic, on Thursday reported $116.5 million in 2025 profits, a nearly 70% increase from the previous year. The operator of ICE facilities including the notorious Dilley Immigration Processing Center in Texas—which detainees describe as a measles-infested "living hell" where they’ve been served moldy food full of worms and forced to drink putrid water—said it expects 2026 to be even more profitable.
Some private prison investors expressed frustration that ICE isn't jailing enough people to generate even more revenue.
"One of the big questions, I think... has been the pace of detention by ICE, that it's been below what people... thought [it] was going to be," Joseph Gomes of NOBLE Capital Markets, Inc. said on Thursday's CoreCivic earnings call. "I think... people thought we'd be at that 100,000 level. We're at... a little over 70,000."
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5-Year-Old Abducted by ICE in Minneapolis Now Sick in ‘Abysmal’ Texas Detention Facility
"Liam is getting sick because the food they receive is not of good quality. He has stomach pain, he’s vomiting, he has a fever, and he no longer wants to eat," his mother said.
Jan 29, 2026
Liam Conejo Ramos, a 5-year-old boy abducted by immigration agents in Minneapolis last week, is now in poor health after being sent to languish in a Texas facility with “absolutely abysmal" conditions, according to his family.
HuffPost reports that "Ramos and his father, Adrian Alexander Conejo Arias, are being held at the South Texas Family Residential Center in Dilley, Texas. This is despite Arias entering the country legally and having no criminal record, according to [the family's lawyer]. Late Tuesday, a federal judge temporarily blocked federal immigration officials from deporting Ramos and Arias, for now."
Reporters got in contact with Zena Stenvik, the superintendent at the Columbia Heights public school district, where Ramos attends preschool, who said she spoke with Ramos' mother.
Just visited with Liam and his father at Dilley detention center. I demanded his release and told him how much his family, his school, and our country loves him and is praying for him.
[image or embed]
— Joaquin Castro (@joaquincastrotx.bsky.social) January 28, 2026 at 3:45 PM
“Unfortunately, Liam’s health is not doing great right now,” said Stenvik. “He’s been ill. I’ve been told he has a fever. So I’m very, very concerned about his well-being in that facility.”
Earlier this week, Ramos’ mother told Minnesota Public Radio (MPR) that “Liam is getting sick because the food they receive is not of good quality. He has stomach pain, he’s vomiting, he has a fever, and he no longer wants to eat.”
A lawyer for the family, Eric Lee, told MPR that the conditions at the Texas facility are “absolutely abysmal."
“They mix baby formula with water that is putrid. The food has bugs in it. The guards are often verbally abusive,” he said.
Marc Prokosch, another of the family's lawyers, emphasized that although US Immigration and Customs Enforcement (ICE) officials describe them as a "family unit" that crossed the border illegally, they entered the US lawfully and had no order of deportation against them or criminal record.
He said the tactics ICE has used in Minneapolis seem designed to evade the law and separate detainees from legal representation.
“Since [Operation] Metro Surge came, they’ve been moving them all out to Texas… within 24 hours," he said. "That’s one of the core elements of being able to help somebody in the legal sphere, is to be able to communicate with them… It’s really hard to talk to them.”
Democratic US Reps. Joaquin Castro and Jasmine Crockett of Texas went to visit Ramos and his father in the detention facility in Dilley on Wednesday. In a video posted to his social media, Castro said the facility is holding 1,100 other people.
"We spoke to many parents throughout our visit," Castro said. "There were a lot of parents there who talked about their kids experiencing deep depression, anxiety, people losing weight, both because of the bad food but also because of their mental state."
Castro said he "very bluntly told" the ICE officials there and officials for Core Civic, the private prison company that runs Dilley, "the country is against what's going on, that Liam needs to be released, that the country demands his release, and that no child that's five years old should be in detention like that."
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In Gift to Private Prisons and Telecom Giants, Trump FCC Jacks Up Price of Inmate Phone Calls
The lone Democratic commissioner on the FCC called the new order "an egregious transfer of wealth from families in incredibly vulnerable situations to greedy monopoly companies that seek to squeeze every penny out of them."
Oct 29, 2025
The Federal Communications Commission, an agency controlled by appointees of US President Donald Trump, voted Tuesday to raise the maximum price for prison phone calls—a gift to telecom firms and private prison giants that profit from what critics have long described as predatory charges.
The agency's 2-1 vote rolled back a Biden-era cap on the price of prison phone calls, a limit that the FCC estimated would have collectively saved incarcerated people and their loved ones hundreds of millions of dollars a year. The Equal Justice Initiative noted earlier this year that "many families struggle with the high cost of phone calls and video visits, which are especially critical for people incarcerated far away from their families."
"Staying connected can cost families as much as $500 per month, and more than one in three families reported going into debt or going without food, medical care, and other basic needs to stay in touch with their loved ones," the group said.
The FCC, led by Trump loyalist Brendan Carr, also raised the possibility of revoking a Biden-era ban on telecom commission payments to jails and prisons. According to Bloomberg, the agency "reopened the topic for public comment on Tuesday."
Popular Information reported earlier this year that "the high cost of prison phone calls is a cash windfall for the private prison industry, which spent vast sums to help elect Trump president."
"The companies that provide prison telephone services offer kickbacks, known as 'commissions,' to prison operators to secure lucrative contracts," the outlet noted. "This means up to 50% of the money incarcerated people spend on telephone calls is routed back to the company or government that operates the prison. This system incentivizes prison operators to award contracts to companies that charge exorbitant fees, creating a larger pool of money for kickbacks."
Telecom companies that provide services to jails and prisons are also poised to benefit from the FCC's move. Bloomberg observed that the agency's Tuesday vote was "a boon for telecom providers such as ViaPath Technologies and Aventiv Technologies," both of which complained to the FCC that the Biden-era price cap would have devastated their businesses.
Anna Gomez, the lone Democratic commissioner on the FCC, condemned the agency's vote as "indefensible."
"It implements an egregious transfer of wealth from families in incredibly vulnerable situations to greedy monopoly companies that seek to squeeze every penny out of them," said Gomez, who voted against the price cap increase.
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