ICE’s Largest Prison Contractors Hail ‘New Growth Opportunities’ as Revenue Reaches All-Time High
Two of Immigration and Customs Enforcement’s (ICE) biggest contractors for building and managing detention centers have posted record revenue in 2025, as companies are expanding their facilities nationwide to hold more immigrants apprehended by the Trump Administration.
GEO Group, which operates 19 facilities for ICE around the country, reported $2.6 billion in total revenue in 2025, up 6% from $2.43 billion in 2024. CoreCivic, which owns and operates at least ten ICE detention facilities...