earnings
confidence high
sentiment positive
materiality 0.80
Uniti Q4 revenue $917M, net loss $306M; full-year net income $1.3B on merger gain
Uniti Group Inc.
- Q4 consolidated revenue $917.3M, adjusted EBITDA $365.6M (40% margin); full year revenue $2,234.5M, adj. EBITDA $1,173.8M.
- Kinetic fiber revenue grew 13% YoY; consumer fiber revenue up 24%; consumer fiber net adds ~28,000 (highest in almost 3 years).
- Largest customer contract awarded by hyperscaler; 2026 guidance: revenue $3,605-3,655M, adj. EBITDA $1,425-1,475M.
- Closed $960M Kinetic ABS at 5.689% avg coupon and $1B senior notes at 8.625% due 2032; proceeds for capex/debt repayment.
- Q4 net loss $305.7M; full-year net income $1,304.7M includes $1,683.9M gain from Windstream merger settlement.