The Math

WHAT DETENTION COSTS

$0 Cost per detainee per day DHS FY2025

0 Peak detainees (record high, Jan 2026) TRAC/DHS

0 Planned detention capacity (3x current) Big Beautiful Bill Act / Brennan Center

$0 Annual cost at 125K beds Calculated: 125K x $165 x 365

WHAT DEPORTATION COSTS

$0 Average cost per deportation (arrest to removal) ICE (2025)

$0 Military deportation flight cost per person (5x commercial) TPR/Military Times

$0 Cost per person deported to Rwanda (7 deportees, $7.5M + flights) Senate Foreign Relations Committee

$0 Total cost of third-country deportations to 27 countries including Rwanda, El Salvador, Equatorial Guinea, and Moldova. ~$133K per deportee for ~300 total deportations. Senate Foreign Relations Committee (Feb 2026) / Refugees International

$0 Cost to meet stated goal of 1M deportations/year Calculated: 1M x $17,121

WHAT IMMIGRANTS CONTRIBUTE

$0 State & local taxes paid annually ITEP (2022)

$0 Social Security contributions (never collected) ITEP/SSA (2022)

0 Share of U.S. labor force CIS/Pew (2025)

$0 Total federal, state & local taxes paid ITEP (2022)

WHO PROFITS

The Companies

GEO Group 2025 revenue: $2.63B (+8% YoY). Record $254M net income. 2026 guidance: $2.9B-$3.1B revenue. $520M in new contracts in 2025 (largest year in company history)

CoreCivic Doubled ICE revenue: $120M (Q4 2024) to $245M (Q4 2025) 2025 profits: $116.5M (+69% YoY). 2026 guidance: $147.5M-$157.5M net income.

90% of immigration detainees are held in for-profit facilities.

The Donations

$0 Combined donations to Trump campaign, inaugural committee & PACs FEC / OpenSecrets

$0 GEO Group donation to Make America Great Again PAC FEC

$0 GEO + CoreCivic donations to 2025 inaugural (2x their 2017 amount) OpenSecrets

0 Of GEO Group donations to federal candidates going to Republicans (since 2016) OpenSecrets

The Contracts

$0 Total ICE funding ($10B base + $75B Big Beautiful Bill supplement) NPR / Brennan Center

$0 Of that $85B earmarked for new detention centers alone Congressional Budget

$0 ICE mega-center expansion: 8 facilities, 7,000-10,000 detainees each Internal ICE memo (Feb 2026) / Washington Post

$0 CoreCivic contract for 2,400-bed Dilley, TX facility ($75K/bed/year) The Intercept

$0 GEO Group no-bid contract for Delaney Hall, NJ (1,000 beds, 15-year term). No competitive bidding. Brennan Center

$0 Total ICE contract spending Jan 2025-Jan 2026 (69% increase YoY). 70% went to just 10 contractors. POGO

$0 Salus Worldwide deportation flight contract (replaced CSI Aviation's $560M+). OMB allocated $464.5M on March 21 to expand fleet to 10 planes. DHS Inspector General launched a probe into the contract and Corey Lewandowski's role; House Oversight demanded all documents by April 16. Salus allegedly told a subcontractor that $20-30M of a $40-50M deal would go to a Lewandowski-linked consulting firm. Bloomberg Law, NOTUS (fleet expansion), House Oversight (April 2, 2026)

$0 Warehouse conversion contracts (March 2026): $113M Williamsport MD, $313M Surprise AZ. DHS scaled back Williamsport to 542 beds initially (down from 1,500+); Judge Hurson granted a preliminary injunction April 15 blocking major construction pending litigation (environmental review deficiencies, sewage capacity). Surprise AZ capacity cut from 1,500 to 542 beds after DHS review. The Real Deal, Maryland Matters (April 4, 2026), KJZZ, WYPR (April 15, 2026)

$0 Salt Lake City warehouse (833,000 sq ft, March 2026). Purchased without notifying state leaders. SLC Council passed emergency water ordinance March 25 capping new nonresidential water at 200K gal/day, explicitly targeting the facility. Utah News Dispatch, Deseret News (water ordinance)

DHS paused all new warehouse purchases on April 1, 2026 while new Secretary Mullin reviews all contracts signed under Noem. $1.074B already spent across 11 warehouses in 8 states. Lawsuits pending in at least 3 states. ICE uses the Navy's WEXMAC-TITUS procurement system to bypass normal bidding. GEO Group was the first corporation to max out donations to Trump's presidential campaign.

The Personnel

Tom Homan Border Czar Former GEO Group consultant

Pam Bondi Attorney General Lobbied for GEO Group in 2019

The Returns

0 CoreCivic ICE revenue growth Q4 2025 YoY ($120M to $245M) SEC Filing

0 CoreCivic profit growth (2025 full year) SEC Filing

$0 GEO Group new/expanded contracts in 2025 (company record) SEC Filing / Common Dreams