Uniti Group Q1: $987.5M Revenue, 15% Fiber Growth, $70.3M Net Loss
UNIT•Uniti Group posted Q1 revenue of $987.5 million with Adjusted EBITDA of $441.6 million, while reporting a net loss of $70.3 million. Consolidated fiber revenue rose 15% year-over-year, driven by 26% growth in Kinetic consumer fiber and 13% growth in infrastructure fiber.
1. Q1 Financial Highlights
Uniti Group reported consolidated Q1 revenue of $987.5 million, net loss of $70.3 million and Adjusted EBITDA of $441.6 million, representing a 45% margin. This marks the first year-over-year consolidated revenue and EBITDA growth since the Uniti-Windstream combination.
2. Segment Performance
Consolidated fiber revenue grew 15% year-over-year, with infrastructure fiber up 13% and Kinetic consumer fiber up 26%. Kinetic added a record ~39,000 consumer fiber subscribers, Fiber Infrastructure secured $1.6 million in new monthly recurring revenue bookings, and combined capital expenditures totaled $328.8 million.
3. Updated 2026 Outlook
The company reiterated 2026 guidance for revenue of $3.605–$3.655 billion, Adjusted EBITDA of $1.425–$1.475 billion and net loss of $400–$450 million. Interest expense is projected at $785 million, excluding any potential future acquisitions or transaction-related costs.
