Uniti Group Inc.
Business
Uniti Group Inc. is a digital infrastructure and communications services company operating approximately 240,000 fiber route miles across 47 states, serving over 1.0 million customers including 500,000+ residential fiber customers. The company provides fiber-based broadband, managed cloud communications and security services for enterprises, and wholesale connectivity solutions for carriers and hyperscalers. Uniti operates through three reportable segments: Kinetic (consumer and small business broadband and voice), Uniti Solutions (enterprise managed services including SD-WAN, SASE, UCaaS, and CCaaS), and Fiber Infrastructure (wholesale fiber connectivity, dark fiber, and enterprise networking).
Summary from 10-K filed 2026-03-02
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Total revenues and sales | 2,235 | 1,167 | 1,150 | |
| Selling, general and administrative | 352 | 105 | 101 | |
| Depreciation and amortization | 667 | 315 | 311 | |
| Goodwill impairment | 0 | 0 | 204 | |
| Gain on sale of operating assets | 0 | −19 | 0 | |
| Transaction related and other costs | 212 | 39 | 13 | |
| Total costs and expenses | 1,973 | 580 | 772 | |
| Operating income | 262 | 587 | 378 | |
| Other income (expense), net | 8 | 300,000 | −18 | |
| Loss on extinguishment of debt | −183 | 0 | −31 | |
| Gain on settlement of preexisting relationships | 1,684 | 0 | 0 | |
| Interest expense, net | −603 | −511 | −481 | |
| Income (loss) before income taxes | 1,168 | 76 | −153 | |
| Income tax benefit | 137 | 18 | 69 | |
| Adjustments for equity in earnings from unconsolidated entities | 0 | 0 | 3 | |
| Net income | 1,305 | 93 | −82 | |
| Participating securities share in earnings | −31 | −2 | −1 | |
| Dividends declared on preferred stock | −25 | 0 | 0 | |
| Net income (loss) attributable to common shareholders | 1,249 | 91 | −83 | |
| Basic (in dollars per share) | 6.61 | 0.64 | −0.58 | |
| Diluted (in dollars per share) | 4.87 | 0.64 | −0.58 | |
| Basic (in shares) | 189 | 143 | 143 | |
| Diluted (in shares) | 267 | 143 | 143 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-04-30 | FY 2023 2023-12-31 | FY 2022 2022-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 54 | 156 | — | — | — | |
| Restricted cash | 81 | 28 | — | — | — | |
| Accounts receivable, net | 359 | 52 | — | — | — | |
| Inventories | 44 | 0 | — | — | — | |
| Prepaid expenses | 138 | 16 | — | — | — | |
| Other current assets | 156 | 18 | — | — | — | |
| Total current assets | 831 | 270 | — | — | — | |
| Goodwill | 1,158 | 157 | — | — | — | |
| Intangible assets, net | 1,293 | 275 | — | — | — | |
| Property, plant and equipment, net | 8,142 | 4,210 | — | — | — | |
| Operating lease right-of-use assets, net | 517 | 127 | — | — | — | |
| Deferred income tax assets, net | 0 | 128 | — | — | — | |
| Other assets | 96 | 115 | — | — | — | |
| Total assets | 12,037 | 5,282 | — | — | — | |
| Current portion of notes and other debt | 10 | 0 | — | — | — | |
| Accounts payable | 172 | 14 | — | — | — | |
| Deferred revenue | 240 | 85 | — | — | — | |
| Current portion of operating lease obligations | 123 | 13 | — | — | — | |
| Accrued taxes | 52 | 7 | — | — | — | |
| Accrued interest | 139 | 144 | — | — | — | |
| Other current liabilities | 389 | 119 | — | — | — | |
| Total current liabilities | 1,124 | 381 | — | — | — | |
| Notes and other debt, net | 9,529 | 5,784 | — | — | — | |
| Noncurrent operating lease obligations | 361 | 68 | — | — | — | |
| Noncurrent deferred revenue | 369 | 1,317 | — | — | — | |
| Deferred income tax liabilities, net | 18 | 0 | — | — | — | |
| Other liabilities | 256 | 185 | — | — | — | |
| Total liabilities | 11,656 | 7,734 | — | — | — | |
| Commitments and contingencies (Note 19) | — | — | — | — | — | |
| Common stock, $0.0001 par value, 5,550.0 million shares authorized, 239.0 million shares issued and outstanding at December 31, 2025 and 500.0 million shares authorized, 143.2 million shares issued and outstanding at December 31, 2024 | 0 | 0 | 1 | — | — | |
| Additional paid-in capital | 2,790 | 1,236 | — | — | — | |
| Accumulated other comprehensive loss | −2 | −600,000 | — | — | — | |
| Distributions in excess of accumulated earnings | −2,408 | −3,688 | — | — | — | |
| Total Uniti shareholders' equity (deficit) | 380 | −2,452 | — | — | — | |
| Noncontrolling interests | 100,000 | 500,000 | — | — | — | |
| Total shareholders' equity (deficit) | 380 | −2,452 | — | −2,484 | −2,271 | |
| Total liabilities and shareholders' equity | 12,037 | 5,282 | — | — | — |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|
| Amortization of deferred financing costs, debt discount and premium | 14 | 23 | 19 | |
| Deferred income taxes | −144 | −19 | −69 | |
| Straight-line revenues and amortization of below-market lease intangibles | −15 | −31 | −38 | |
| Stock-based compensation | 24 | 14 | 13 | |
| Provision for estimated credit losses | 16 | 1 | 1 | |
| Other, net | 8 | 7 | 7 | |
| Accounts receivable | −9 | −6 | −5 | |
| Inventory | −42 | 0 | 0 | |
| Prepaid expenses | −8 | 800,000 | −1 | |
| Other current assets | 6 | −2 | 600,000 | |
| Other assets | −13 | −500,000 | 21 | |
| Accounts payable | 33 | 8 | 200,000 | |
| Accrued interest | −64 | 10 | 12 | |
| Accrued taxes | 5 | 1 | 1 | |
| Deferred revenue | 86 | 8 | 1 | |
| Other current liabilities | 26 | 0 | −6 | |
| Other liabilities | −11 | −2 | −1 | |
| Noncurrent deferred revenue | −42 | −37 | −48 | |
| Operating lease assets and lease obligations | 8 | 2 | −19 | |
| Other, net | 2 | 0 | 0 | |
| Net cash provided from operating activities | 350 | 367 | 353 | |
| Capital expenditures | −788 | −355 | −417 | |
| Merger cash consideration paid, net of cash acquired | −230 | 0 | 0 | |
| Capital expenditures funded by government grants | −22 | 0 | 0 | |
| Grant funds received for broadband expansion | 17 | 0 | 0 | |
| Proceeds from sale of IPv4 addresses and other assets | 11 | 3 | 6 | |
| Proceeds from sale of operating assets | 0 | 40 | 0 | |
| Proceeds from sale of unconsolidated entity | 0 | 40 | 0 | |
| Net cash used in investing activities | −1,012 | −272 | −411 | |
| Proceeds from issuance of debt | 4,718 | 714 | 3,106 | |
| Repayments of debt | −3,784 | −461 | −2,750 | |
| Dividends paid | 0 | −109 | −107 | |
| Payments of settlement obligation | −74 | −98 | −98 | |
| Payments for financing costs | −236 | −16 | −71 | |
| Other, net | −13 | −4 | −3 | |
| Net cash provided from financing activities | 612 | 27 | 77 | |
| Net (decrease) increase in cash, restricted cash and cash equivalents | −50 | 122 | 19 |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is Uniti Group Inc.'s CIK number?
Uniti Group Inc.'s SEC CIK number is 0002020795 (2020795). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find Uniti Group Inc.'s SEC filings?
All of Uniti Group Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did Uniti Group Inc. last report earnings?
Uniti Group Inc. (UNIT) most recently filed an earnings 8-K with the SEC on May 11, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0001628280-26-033147). This is Uniti Group Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.
What is Uniti Group Inc.'s most recent earnings 8-K?
Uniti Group Inc.'s latest earnings 8-K (Item 2.02) was filed May 11, 2026 under accession 0001628280-26-033147. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View Uniti Group Inc.'s latest earnings 8-K →
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