Uniti Group Inc. (UNIT) Income Statement
UNIT 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsUNIT revenue and net income
Where UNIT's revenue goes
2025Each bar shows an amount and its share of revenue. UNIT kept 58.4% of revenue as net income.
UNIT profit margins
UNIT growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +91.5% | +25.6% | +15.9% | +51.1% |
| Gross profit | −29.3% | −9.9% | −0.4% | +36.8% |
| Operating income | −21.9% | −7.2% | −8.5% | +29.4% |
| Net income | +1,296.8% | — | — | +48.6% |
| EPS (diluted) | −326.7% | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
UNIT quarterly EPS vs estimates
Uniti beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 9, 2026 (estimate $-0.54).
UNIT income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.23B | $1.17B | $1.15B | $1.13B | $1.10B | $1.07B | $1.06B | $1.02B | $916.0M | $770.4M |
| Cost of revenue | $1.41B | $455.2M | $157.4M | $153.5M | $154.4M | $223.2M | $203.7M | $154.2M | $108.0M | $48.8M |
| Gross profit | $825.3M | $1.17B | $992.4M | $1.13B | $946.1M | $843.8M | $853.9M | $863.5M | $808.1M | $721.6M |
| Research & development | — | — | $0 | $0 | $0 | $1 | $0 | $0 | $0 | $0 |
| Sales, general & admin | $351.5M | $105.0M | $102.7M | $101.0M | $101.2M | $105.0M | $102.9M | $85.2M | $72.0M | $35.4M |
| Total operating expenses | $351.5M | $560.2M | $102.7M | $536.9M | $101.2M | $105.0M | $102.9M | $85.2M | $72.0M | $35.4M |
| Operating income | $473.8M | $606.7M | $889.7M | $591.9M | $844.9M | $738.9M | $751.0M | $778.3M | $736.0M | $686.2M |
| Interest income | — | — | — | $0 | $5.4M | — | $390.1M | $319.6M | $306.0M | $275.4M |
| Interest expense | $602.8M | $488.6M | $484.7M | $376.8M | $446.3M | $497.1M | $390.1M | $319.6M | $306.0M | $275.4M |
| Income before taxes | $1.17B | $75.9M | −$150.2M | −$25.5M | $119.8M | −$734.0M | $15.6M | $11.1M | −$47.7M | $305,000 |
| Income taxes | −$136.5M | −$17.6M | −$68.5M | −$17.4M | −$4.9M | −$15.2M | $4.7M | −$5.4M | −$38.8M | $517,000 |
| Net income | $1.30B | $93.4M | −$81.7M | −$8.3M | $123.7M | −$706.3M | $10.6M | $16.2M | −$9.4M | −$212,000 |
| EBITDA | $2.44B | $879.3M | $889.7M | $641.8M | $844.9M | $738.9M | $751.0M | $778.3M | $736.0M | $686.2M |
| EPS (diluted) | −$1.02 | $0.45 | −$0.29 | $1.24 | $0.73 | −$0.21 | $0.01 | $0.11 | −$0.06 | $0.23 |
| Gross margin | 36.9% | 100.0% | 86.3% | 100.0% | 86.0% | 79.1% | 80.7% | 84.8% | 88.2% | 93.7% |
| Operating margin | 21.2% | 52.0% | 77.4% | 52.4% | 76.8% | 69.2% | 71.0% | 76.5% | 80.3% | 89.1% |
| Net margin | 58.4% | 8.0% | −7.1% | −0.7% | 11.2% | −66.2% | 1.0% | 1.6% | −1.0% | −0.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $909.7M | $987.5M | $917.3M | $722.6M | $300.7M | $293.9M | $293.3M | $292.2M | $294.9M | $286.4M | $285.7M | $290.7M |
| Cost of revenue | $689.5M | $677.8M | $696.5M | $486.3M | $186.7M | $40.2M | $41.3M | $48.9M | $48.0M | $40.9M | $37.2M | $38.9M |
| Gross profit | $220.2M | $309.7M | $220.8M | $236.3M | $300.7M | $293.9M | $293.3M | $292.2M | $294.9M | $245.5M | $248.5M | $251.7M |
| Sales, general & admin | $178.4M | $168.7M | $174.1M | $121.2M | $27.8M | $28.3M | $24.5M | $26.7M | $25.7M | $26.8M | $25.4M | $25.5M |
| Total operating expenses | $178.4M | $168.7M | $174.1M | $121.2M | $142.3M | $140.4M | $138.0M | $140.5M | $140.8M | $26.8M | $25.4M | $25.5M |
| Operating income | $41.8M | $141.0M | $46.7M | $115.1M | $158.5M | $153.5M | $155.3M | $151.7M | $154.1M | $218.8M | $223.1M | $226.2M |
| Interest income | — | — | — | — | — | $1.0M | — | $1.0M | — | — | — | — |
| Interest expense | $195.6M | $188.3M | $176.4M | $165.5M | $150.8M | $127.7M | $123.7M | $125.2M | $121.6M | $118.2M | $123.4M | $120.7M |
| Income before taxes | −$155.6M | −$69.7M | −$297.0M | $1.47B | −$16.9M | $7.7M | $17.9M | $6.3M | $15.7M | $36.0M | $25.1M | −$175.0M |
| Income taxes | $300,000 | $600,000 | $8.7M | −$134.5M | −$6.2M | −$4.5M | −$3.7M | −$5.9M | −$2.6M | −$5.4M | −$5.6M | −$56.1M |
| Net income | −$155.9M | −$70.3M | −$305.7M | $1.57B | −$10.7M | $12.2M | $21.6M | $12.2M | $18.3M | $41.3M | $30.7M | −$118.8M |
| EBITDA | $347.7M | $408.3M | $184.3M | $1.84B | $213.5M | $215.1M | $221.5M | $210.8M | $215.3M | $218.8M | $432.1M | $226.2M |
| EPS (diluted) | −$0.68 | −$0.34 | −$1.19 | $0.11 | −$0.02 | $0.08 | $0.09 | $0.08 | $0.12 | $0.16 | $0.22 | −$0.56 |
| Gross margin | 24.2% | 31.4% | 24.1% | 32.7% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 85.7% | 87.0% | 86.6% |
| Operating margin | 4.6% | 14.3% | 5.1% | 15.9% | 52.7% | 52.2% | 52.9% | 51.9% | 52.3% | 76.4% | 78.1% | 77.8% |
| Net margin | −17.1% | −7.1% | −33.3% | 217.8% | −3.6% | 4.2% | 7.4% | 4.2% | 6.2% | 14.4% | 10.7% | −40.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in UNIT's financial statements (latest annual report filed March 2, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
UNIT financial results
In fiscal year 2025 (ended December 31, 2025), Uniti reported revenue of $2.2 billion, up 91.5% from the year before. It had net income of $1.3 billion (up 1,296.8%), a net profit margin of 58.4%. Diluted earnings per share came to −$1.02. Over five years revenue grew at an average rate of 15.9% a year.
See the UNIT stock overview for the latest quote and news, or the UNIT chart for price history and technical indicators.
UNIT income statement FAQ
What is Uniti's annual revenue?
Uniti reported total revenue of $2.2 billion for fiscal year 2025, which ended on December 31, 2025. That was up 91.5% from $1.2 billion the previous year.
Is Uniti profitable?
Yes. Uniti reported net income of $1.3 billion in fiscal 2025, a net profit margin of 58.4%; its operating margin was 21.2%.
What is Uniti's gross margin?
Uniti's gross margin was 36.9% in fiscal 2025: for every $100 of revenue, Uniti kept $37 after the direct cost of its products and services.
How fast is Uniti growing?
Revenue grew 15.9% a year on average over the last five fiscal years, from $1.1 billion to $2.2 billion.
What are Uniti's earnings per share?
Uniti earned $-1.02 per diluted share in fiscal 2025, compared with $0.45 a year earlier.
When will Uniti report its next earnings?
Uniti is expected to report results for the quarter ending September 30, 2026 on November 9, 2026 before the market opens.
When does Uniti's fiscal year end?
Uniti's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 2, 2026.