Uniti Group (UNIT) investor relations material

Executive summary

• Achieved record results in Q2 2026, including record new bookings in Fiber Infrastructure with monthly recurring revenue of $2.2 million, up nearly 30% from previous highs.

• Completed transformative merger with Windstream, expanding the fiber network to 240,000 route miles across 47 states and serving over 1 million customers, including 603,000 residential fiber subscribers.

• Kinetic Consumer Fiber revenue grew 19% year-over-year, with net adds of ~38,000 and 141,000 premises constructed, both record highs.

• Consolidated Q2 2026 revenue was $909.7 million, with Adjusted EBITDA of $357.1 million and a net loss of $155.9 million.

• Strategic focus on building first-to-market fiber in metro and wholesale markets, leveraging robust demand from hyperscalers, neoclouds, and enterprise customers.

Financial highlights

• Q2 2026 consolidated revenue: $909.7 million; Adjusted EBITDA: $357.1 million (39% margin); net loss: $155.9 million.

• Kinetic contributed $539.0 million in revenue and $228.4 million in contribution margin (42% margin).

• Fiber Infrastructure revenue: $234.1 million; contribution margin: $121.8 million (52% margin).

• Uniti Solutions revenue: $182.5 million; contribution margin: $91.8 million (50% margin).

• Adjusted EBITDA for Q2 2026 was $357.1 million, down from $397.7 million pro forma in Q2 2025.

Outlook and guidance

• Full-year 2026 consolidated revenue guidance: $3,630–$3,680 million; Adjusted EBITDA: $1,450–$1,500 million.

• Net loss expected between $530 million and $480 million for 2026.

• Kinetic targets 675,000–700,000 consumer fiber subscribers and 475,000–525,000 incremental homes passed by year-end.

• Projected consumer fiber revenue for 2026 is $635M–$655M, up 25%–30% year-over-year.

• Remains on track to pass 3.5 million homes with fiber by end of 2029.