
Related videos:
The policies of mass detention of immigrants promoted by President Donald Trump have generated record profits for the leading private prison corporations in the United States, GEO Group and CoreCivic, reported the agency EFE.
Both companies, which operate under contracts with the Immigration and Customs Enforcement (ICE), have seen their revenues grow amid an unprecedented expansion of the federal detention system, supported by budgets of over 30 billion and 45 billion dollars allocated for the construction and reopening of centers for adult and minor migrants.
According to the quarterly report released in August, GEO Group generated total revenues of 636.2 million dollars during the second quarter of 2025, compared to 607.2 million during the same period the previous year.
His executive director described these results as a “significant progress” towards the company's growth goals, expecting revenues for the upcoming quarter to be between 650 and 660 million dollars.
On its part, CoreCivic reported earnings of $538.2 million, a 9.8% increase compared to the previous year, and anticipates similar results for the close of the next quarter.
According to EFE, financial reports show how these corporations directly benefit from the Trump administration's anti-immigration policy by expanding their capacity through new contracts with ICE and the reactivation of previously empty facilities.
One of them is the Center for Immigrant Processing in California City, managed by CoreCivic, located in the desert of Kern County, which will reopen as a federal immigration detention center, according to images from AFP taken on July 10th.
“What's happening is atrocious; there is no other way to describe taking advantage of human suffering,” stated Paolo Almirón, coordinator of the advocacy group Resistance in Action New Jersey, as quoted by EFE, to prismreports.org.
Critics argue that the growth of these corporations is closely linked to the intensification of deportations and detentions under the current administration.
Meanwhile, the stocks of GEO Group and CoreCivic have risen in the stock markets, driven by federal contracts and the expansion of their operations in border states.
Human rights organizations have denounced the conditions in detention centers and accuse the government of maintaining a system that profits from the detention of migrants instead of promoting humanitarian alternatives or structural reforms to the migration system.
Filed under: