Quarterly ResultMay 11, 2026, 08:16 AM
Uniti Q1 Net Loss $70.3M; Revenue $987.5M; Reiterates FY26 Outlook
AI Summary
Uniti Group Inc. reported a net loss of $70.3 million for the first quarter of 2026, with consolidated revenue reaching $987.5 million and Adjusted EBITDA at $441.6 million. The company achieved significant year-over-year growth in consolidated fiber revenue (15%) and Kinetic consumer fiber revenue (26%), alongside record consumer fiber gross adds. Uniti reiterated its full-year 2026 outlook, projecting revenue between $3,605 million and $3,655 million and Adjusted EBITDA between $1,425 million and $1,475 million.
Key Highlights
- Q1 2026 Net Loss was $70.3 million.
- Q1 2026 Consolidated Revenue was $987.5 million.
- Q1 2026 Adjusted EBITDA was $441.6 million, with margins of approximately 45%.
- Consolidated Fiber Revenue grew 15% year-over-year in Q1.
- Kinetic Consumer Fiber Revenue grew 26% year-over-year, with ~39,000 gross adds.
- Fiber Infrastructure revenue was $294.8 million, with $1.6 million in new bookings MRR.
- Full-year 2026 revenue outlook is $3,605 million to $3,655 million.
- Full-year 2026 Adjusted EBITDA outlook is $1,425 million to $1,475 million.