ICE contracts fuel revenue surge for owners of for-profit immigration detention centers

ICE contracts fuel revenue surge for owners of for-profit immigration detention centers

The first year of President Trump's push to arrest and deport undocumented immigrants was a financial boon for two companies that own and operate private detention centers.CoreCivic and The GEO Group both reported their year-end earnings for 2025.Each company reported seeing a boost in revenue of more than 13 percent, both making more than $2 billion.GEO Group's executive chairman George Zoley called 2025 the "most successful year for new busine…