Uniti Group Inc.: financial statements

UNITNASDAQCommunication services · Telephone Communications (No Radiotelephone)

Price

$4.88

November 13, 2026Market cap $1.2B

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Financial statements

Each fiscal year's income statement, balance sheet and cash flow as the company filed them, and the latest quarters.

2023–2025 fiscal years

Click a line to see it on the chart.

Revenue

+39.4% a year over 2 years

Line	2023	2024	2025	Average a year
Revenue	$1.1B	$1.2B	$2.2B	+39.4%
Operating income	$378M	$587M	$262M	-16.7%
Net income	-$82M	$93M	$1.3B
Earnings per share	-$0.58	$0.64	$4.87
Earnings per share, basic	-$0.58	$0.64	$6.61
Margins
Operating margin	32.9%	50.3%	11.7%
Net margin	-7.1%	8.0%	58.4%

By segment

Revenue and operating income by business segment or by product, as the company itself reports them in each year's 10-K. Each year from the latest filing that carries it, so a segment renamed or re-cut shows in its current form.

Segment	2023	2024	2025	Share 2025
Fiber Infrastructure	$1.1B	$1.2B	$1.1B	46%
Kinetic	$0	$0	$928M	40%
Uniti Solutions	$0	$0	$330M	14%

From the XBRL of 2 of the company's annual reports to the SEC (ASC 280). Amounts in dollars.

Amounts are in dollars as the company filed them in its annual reports (10-K or 20-F). Those reporting in another currency are converted at each fiscal year-end rate. Shares and earnings per share are adjusted for splits.

Debt and obligations

What the company owes beyond the loans on its balance sheet, and when it pays, from the notes to its annual report: debt maturities, leases, pension plans, goodwill by segment, and how it gets to the tax it pays.

$540M Leases84% Pensions funded-11.7% Effective tax rate

Leases

Dec 31, 2025

Operating leases

$483M

Finance leases

$57M

The liability is the present value of the rent still to pay, at December 31, 2025. It is not counted in the ladder's debt. The filing

Pension plans

Dec 31, 2025

Defined-benefit pensions

84%funded

Deficit $90M.

The obligation is the present value of the pensions employees have already earned, at December 31, 2025. A deficit is the company's to fill with contributions. The filing

ObligationPlan assets

Goodwill by segment

Dec 31, 2025

Total goodwill

$1.2B

Kinetic$764M66%

Goodwill is what the company paid in acquisitions above the value of what it bought, at December 31, 2025. If an acquisition earns less, the goodwill is impaired and earnings fall. The filing

$1.2BTotal goodwill

From the statutory to the effective tax rate, 2025

Dec 31, 2025

Statutory rate

21.0%

Effective rate

-11.7%

-32.7 pts

The company paid -11.7% in tax on its profit, 32.7 points below the US federal rate (21.0%). Below, the reasons it gives.

Statutory rate

21.0%

Acquisitions and disposals

-48.1 pts

Difference the filing does not itemize

+15.4 pts

Effective rate

-11.7%

One point is 1% of profit before tax. The lines are as the company states them in the notes to its annual report. The filing

Claims ahead of shareholders

What stands between the business and its shareholders besides the debt, and the financial assets on the other side, from the latest balance sheet.

$137M ahead of the shares12% of market value

Besides its $11.7B of debt, $137M of other claims rank ahead of the shares, about 12% of the market value.

Ahead of the shares

at Dec 31, 2025; $90M before tax, after tax at 21%: $71M
at Dec 31, 2025: $66M

From the balance sheet of September 30, 2026. The retirement and environmental lines and the pension deficit come from the latest annual report when the quarter's filing does not state them, each with its own date. Market value at the price of November 13, 2026. A line is listed when it is at least 0.5% of the market value. A description of the balance sheet, not a valuation.

The full analysis

What do Uniti's filings show?

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Questions about UNIT's financials

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How much revenue did UNIT have in 2025?

Uniti had revenue of $2.2B and net income of $1.3B in fiscal 2025, a net margin of 58.4%.

How much debt does UNIT have?

On December 31, 2025 Uniti had total assets of $12.0B, debt of $9.5B and shareholders' equity of $380M.

How much free cash flow does UNIT have?

In fiscal 2025 Uniti had cash from operations of $350M and spent $788M on capital expenditure, leaving -$438M of free cash flow.

Where are the figures from?

From Uniti Group Inc.'s annual and quarterly reports to the SEC, read from the structured data (XBRL) it files itself.

The other pages on US stocks, free to read. On the company pages, the last three fiscal years are open to everyone, five with a free account, and every year with Ploutos Investor.

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The figures come from the company's SEC filings and the share price, and describe what it has reported. They are not a score or a fair value.