The two main companies with government contracts to operate ICE detention centers are seeing significant revenue growth they expect will last all year. Both CoreCivic and the GEO Group released second quarter earnings reports last week.

“Last year was the most successful period of business wins in our company’s history and we expect 2026 to continue to be very active as well,” said George Zoley, chairman and CEO of the GEO Group, during a call with investors.

The GEO Group reported a 15 percent increase in revenue in the second quarter, largely attributed to contracts with ICE to house immigrants at detention centers across the country.