Uniti Group (UNIT) Earnings: Q3 2026 Results

Last updated November 2026

Short answer

Uniti Group reported revenue of $848 million for Q3 2026, up 17% from a year earlier (Uniti Group, Nov 9, 2026). Diluted EPS was -$1.03. Kinetic brought in $515 million, up 39%. Every figure is from Uniti Group's release. Walnut is informational, not investment advice.

UNIT Q3 2026 results

In one sentence

Uniti Group reported revenue of $848 million for Q3 2026, up 17% from a year earlier (Uniti Group, Nov 9, 2026).

MeasureQ3 2026Q3 2025Change
Revenue$848 million$723 millionup 17%
Diluted EPS-$1.03$4.92n/a
Net income-$245 million$1,609 millionn/a

The quarter ended September 30, 2026 and Uniti Group published the results on November 9, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison.

  • Uniti merged with Windstream on August 1, 2025, so Q3 2025 includes only two months of the Kinetic and Uniti Solutions businesses acquired from Windstream. Q3 2025 net income included a $1,685.4 million gain on settlement of the preexisting Windstream leases.
  • Uniti reports no adjusted EPS. Its main non-GAAP measure is Adjusted EBITDA, $289.3 million in Q3 2026.

Source: Uniti Q3 2026 results, November 9, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

UNIT revenue by segment

How Uniti Group splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

Revenues and sales by segmentQ3 2026Q3 2025Change
Kinetic$515 million$370 millionup 39%
Fiber Infrastructure$202 million$249 milliondown 19%
Uniti Solutions$176 million$136 millionup 29%
Intersegment revenues-$44.6 million-$32.3 millionn/a
  • Uniti Group's Kinetic revenue was $515 million in Q3 2026, up 39% from $370 million in Q3 2025, 61% of total revenue.
  • Uniti Group's Fiber Infrastructure revenue was $202 million in Q3 2026, down 19% from $249 million in Q3 2025, 24% of total revenue.
  • Uniti Group's Uniti Solutions revenue was $176 million in Q3 2026, up 29% from $136 million in Q3 2025, 21% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

Uniti Group's outlook for full year 2026

From the earnings release

Figures are in millions. Uniti's previous outlook, from its Q2 2026 release, was revenue of $3,630 million to $3,680 million and Adjusted EBITDA of $1,450 million to $1,500 million.

In its Q3 2026 release, Uniti Group said:

“The Company is updating its 2026 outlook primarily for business unit level revisions, recent financing transactions, and transaction related and other costs incurred to date.”

“Revenue $3,665 to $3,695 Net loss (620) to (590) Adjusted EBITDA (1) 1,460 to 1,490”

Source: Uniti Q3 2026 release, Nov 9, 2026.

This is the company's own guidance as of Nov 9, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the UNIT forecast page.

UNIT recent quarters

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

QuarterRevenueDiluted EPSReported
ended Sep 30, 2026
$848 million-$1.03Nov 9, 2026
Q2 2026
ended Jun 30, 2026
$910 million-$0.68Jul 30, 2026
Q1 2026
ended Mar 31, 2026
$988 million-$0.34May 11, 2026
Q4 2025
ended Dec 31, 2025
$917 million-$1.19Mar 2, 2026
Q3 2025
ended Sep 30, 2025
$723 million$4.92Nov 4, 2025

Total revenues and sales and GAAP diluted EPS, each as first reported in that quarter's release. Q3 2025 includes two months of the Windstream businesses and the one-time merger gain. Q1 2026 revenue includes sales-type lease revenue from a dark fiber IRU agreement with a large hyperscaler.

When does UNIT report earnings next?

We do not hold a confirmed date for Uniti Group's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Past Uniti Group quarterly reports

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

  • Q3 2026 (this page), reported Nov 9, 2026

What Uniti Group's revenue is made of

Uniti Group has three segments since its merger with Windstream. Kinetic, the consumer and business broadband provider in approximately 1,400 markets across 18 states, contributed $515.3 million of Q3 2026 revenue. Fiber Infrastructure, made up of Uniti Wholesale and Uniti Fiber, contributed $201.5 million, and Uniti Solutions, mostly managed services revenue, $175.9 million. After $44.6 million of intersegment revenues, consolidated revenue was $848.1 million. (Uniti Q3 2026 release, Nov 9, 2026; Uniti Form 10-Q, Q3 2026, Nov 9, 2026; Uniti Form 10-K, 2025, Mar 2, 2026)

Uniti's revenue rose from $722.6 million largely because Q3 2025 held only two months of the Kinetic and Uniti Solutions businesses acquired on August 1, 2025, according to the 10-Q. On a pro forma basis the release says consolidated fiber revenue grew 6% and Kinetic consumer fiber revenue grew 22%. (Uniti Form 10-Q, Q3 2026, Nov 9, 2026; Uniti Q3 2026 release, Nov 9, 2026)

Kinetic is moving customers from DSL to fiber. Fiber subscriber revenue was $156.7 million and DSL subscriber and other revenue $112.4 million. Fiber consumer broadband customers rose 28% to 648.4 thousand at September 30, 2026, while DSL customers fell 40% to 307.1 thousand. Uniti passed approximately 2.2 million consumer premises with fiber, 47% of the Kinetic footprint, with a 29% fiber subscriber penetration rate. (Uniti Form 10-Q, Q3 2026, Nov 9, 2026)

Fiber Infrastructure revenue fell 19%. Uniti Wholesale revenue dropped to $103.9 million from $141.2 million because Windstream's lease payments ended with the merger, partly offset by $30.4 million from Windstream's acquired wholesale operations, and sales revenues fell to $2.3 million from $15.2 million because there were no sales-type leases in the quarter. Those leases, mainly a dark fiber IRU agreement with a large hyperscaler signed in Q1 2026, produced $88.2 million of revenue in the first nine months. (Uniti Form 10-Q, Q3 2026, Nov 9, 2026)

What Uniti Group's EPS includes

Uniti Group lost $1.03 per diluted share in Q3 2026, on a net loss of $244.5 million. The year-ago diluted EPS of $4.92 came from a one-time $1,685.4 million gain on the settlement of preexisting relationships with Windstream when the merger closed. Uniti does not report an adjusted EPS figure. (Uniti Q3 2026 release, Nov 9, 2026)

Uniti's interest expense, net was $205.5 million, against $168.2 million a year earlier, and depreciation and amortization was $292.8 million, against $202.3 million, as the fiber build continues. Preferred stock dividends of $15.8 million took the net loss attributable to common shareholders to $260.3 million, on 253.2 million weighted-average shares. (Uniti Q3 2026 release, Nov 9, 2026)

Uniti Group's Adjusted EBITDA, its main non-GAAP measure, was $289.3 million against $327.8 million. It excludes stock-based compensation of $7.8 million, transaction related and other costs of $19.7 million and a $12.4 million loss on asset retirements and dispositions. Contribution margin was $190.2 million at Kinetic, $98.4 million at Fiber Infrastructure and $85.9 million at Uniti Solutions. (Uniti Q3 2026 release, Nov 9, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Consensus and guidance at Uniti Group

Uniti Group gives a full-year consolidated outlook in its release. With Q3 2026 it raised its revenue guidance to $3,665 million to $3,695 million and guided Adjusted EBITDA of $1,460 million to $1,490 million, a net loss of $620 million to $590 million and interest expense, net of $800 million. Uniti says the update reflects business unit level revisions, recent financing transactions and transaction related costs incurred to date. (Uniti Q3 2026 release, Nov 9, 2026)

A consensus figure is the average of the models published by the analysts who cover Uniti Group, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The numbers analysts watch at Uniti Group

The figures below are the ones Uniti Group's own release and filings put weight on for Q3 2026, with the latest reported value for each.

MetricLatest reported
Kinetic consumer fiber net adds
~46,000, the most ever in a quarter
162,000 premises constructed, the highest level on record
Fiber consumer broadband customers
648.4 thousand, up 28%
DSL customers 307.1 thousand, down 40%
Fiber Infrastructure new bookings MRR
~$1.9 million
Second highest level on record, up 20% from a year earlier
Adjusted EBITDA
$289.3 million
$327.8 million a year earlier
Kinetic contribution margin
$190.2 million, approximately 37%
Kinetic capital expenditures $371.2 million
Notes and other debt, net
$11,273.0 million
Cash and cash equivalents $861.5 million

What the quarter means for a holding is a separate question from what it reported. The case for and against owning UNIT is on is UNIT a buy or a sell?, what analysts expect next is on the UNIT forecast, and what the company does is on the Uniti Group (UNIT) stock page.

How to check UNIT's figures yourself

Every number on this page can be traced to a document Uniti Group published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

  • The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
  • The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
  • The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
  • Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.

Your questions about Uniti Group

Ask Walnut's AI anything about UNIT and see how it fits what you own.

FAQ

What was Uniti Group's revenue last quarter?

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Uniti Group reported revenue of $848 million for Q3 2026, the quarter ended September 30, 2026, against $723 million in Q3 2025 (up 17%). The figures come from Uniti Group's results release of November 9, 2026.

What were UNIT's earnings per share for Q3 2026?

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Diluted EPS was -$1.03 on a GAAP basis, against $4.92 a year earlier. Uniti Group reports one EPS figure, on a GAAP basis.

What guidance did Uniti Group give for full year 2026?

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Figures are in millions. Uniti's previous outlook, from its Q2 2026 release, was revenue of $3,630 million to $3,680 million and Adjusted EBITDA of $1,450 million to $1,500 million. In its Q3 2026 release, Uniti Group said: "The Company is updating its 2026 outlook primarily for business unit level revisions, recent financing transactions, and transaction related and other costs incurred to date. Revenue $3,665 to $3,695 Net loss (620) to (590) Adjusted EBITDA (1) 1,460 to 1,490" That is the company's own outlook as of Nov 9, 2026, and companies revise outlooks as the quarter goes on.

When does UNIT report earnings next?

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We do not hold a confirmed date for Uniti Group's next report. Companies announce the date on their investor relations site a few weeks ahead, usually with the time of the call.

Where does Uniti Group's revenue come from?

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Uniti Group's Kinetic revenue was $515 million in Q3 2026, up 39% from $370 million in Q3 2025, 61% of total revenue. Uniti Group's Fiber Infrastructure revenue was $202 million in Q3 2026, down 19% from $249 million in Q3 2025, 24% of total revenue. Uniti Group's Uniti Solutions revenue was $176 million in Q3 2026, up 29% from $136 million in Q3 2025, 21% of total revenue. These are the lines of Uniti Group's own "revenues and sales by segment" table for Q3 2026.

How much did Uniti Group's revenue grow last quarter?

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Up 17% on the year: $848 million in Q3 2026 against $723 million in Q3 2025. That is the year-over-year comparison, the same quarter a year apart, so seasonal patterns in Uniti Group's business do not distort it.

Where do the UNIT numbers on this page come from?

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From Uniti Group's own results release and its Form 10-Q for the quarter ended September 30, 2026, copied as printed, in millions of US dollars. Percent changes are worked out from those figures and rounded to a whole percent, which matches how the release states them. Nothing on this page is an estimate except the consensus, which is labelled with its source and date.

Walnut is informational, not investment advice. Reported figures are copied from Uniti Group's results release and filings; consensus figures, where shown, are third-party estimates captured before the report. Verify figures against the source before relying on them.

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