Companies involved in President Donald Trump’s aggressive immigration enforcement policies, including tech firm Palantir and private prison giants CoreCivic and Geo Group, have reported record earnings, thanks to the administration’s crackdown on immigrants. These companies have seen “unprecedented growth” in revenue as they play key roles in expanding detention and surveillance programs.
Financial Growth Linked to Trump’s Immigration Policies
Palantir, a data analysis company, saw a 53% growth in revenue from U.S. government contracts in the second quarter of 2025, surpassing $1 billion in total quarterly revenue. Much of this growth is attributed to its work with the Department of Homeland Security (DHS) and Immigration and Customs Enforcement (ICE), including a $30 million contract to improve deportation and detention operations.
Private Prisons See Increased Demand for Detention Facilities
Private prison companies Geo Group and CoreCivic have also reported substantial increases in revenue, driven by the growing demand for immigration detention. Geo Group, for instance, saw $636.2 million in revenue this quarter, with ICE using 20,000 beds across 21 of its detention centers. CoreCivic, which provides detention services across the U.S., reported a 9.8% revenue increase compared to the previous year, highlighting its growing role in immigration enforcement.
Expanding Surveillance Programs
Geo Group’s surveillance arm, which monitors immigrants through the Intensive Supervision Appearance Program (ISAP), has not seen as much growth as predicted. While the number of immigrants under surveillance has remained steady, the company expects a future increase in monitoring as ICE seeks to expand detention capacity. Many immigrants have criticized ISAP for being invasive and inefficient, but it remains a central tool in Trump’s immigration enforcement strategy.
CoreCivic and Geo Group Ready to Capitalize on New Funding
The Trump administration’s “One Big Beautiful Bill” has allocated $45 billion to DHS, significantly increasing ICE’s budget for detention expansion. CoreCivic and Geo Group are positioned to benefit from this influx of funding, with both companies aggressively pursuing contracts to expand their detention operations. CoreCivic’s CEO, Damon T. Hininger, expressed confidence that his company is perfectly aligned with the current political climate and the growing need for detention solutions.
Criticism of Private Prisons and Human Rights Concerns
Despite the financial success of these companies, their involvement in the immigration detention system has sparked intense criticism from human rights organizations. Advocates argue that private prison profits are directly tied to the mistreatment and exploitation of immigrants, with some facilities, like the Cibola Correctional Center in New Mexico, under investigation for poor conditions. Activists have condemned these companies for profiting off what they see as the destruction of human lives under the Trump administration’s policies.