Unifique Telecomunicações (FIQE3) Q2 2026 earnings summary

Executive summary

• Achieved strong operational and financial growth in Q2 2026, with significant expansion in broadband and mobile segments, and continued diversification into security, telemedicine, and IT solutions.

• Net revenue for Q2 2026 reached BRL 344.7 million, up 20.46% year-over-year, with EBITDA margin at 49.02% and net income of BRL 45.9 million, a 1.7% increase from Q2 2025.

• Expanded broadband and mobile coverage, reaching 3.9 million homes passed and 909,352 broadband customers, with mobile accesses at 337,732 and mobile revenue up 148.3% year-over-year.

• Strengthened leadership in Santa Catarina, expanded into Rio Grande do Sul and Paraná, and continued entry into São Paulo, celebrating five years as a listed company.

• Completed strategic acquisitions, including iSuper Telecom, G9 Telecom, and 56.4% of Amazônia 5G, and won 700MHz spectrum in ANATEL auction.

Financial highlights

• Gross revenue for Q2 2026 reached BRL 411.7 million, up 16.9% year-over-year; net revenue was BRL 344.7 million, up 20.5% year-over-year.

• Adjusted EBITDA for Q2 2026 was BRL 169.0 million, up 17.7% year-over-year, with a margin of 49.0%.

• Net income for Q2 2026 was BRL 45.9 million, up 1.7% year-over-year; net margin was 13.3%.

• Free cash flow for Q2 2026 was BRL 79.5 million, up from BRL 75.9 million in Q2 2025.

• CAPEX for Q2 2026 was BRL 77.1 million, with BRL 30 million allocated to mobile.

Outlook and guidance

• Focus remains on sustainable growth, operational efficiency, and expanding into new regions, especially São Paulo, with ongoing investments in network infrastructure and customer experience.

• Projected CapEx for 2027 is expected to be similar to 2026, around BRL 500 million, subject to currency fluctuations.

• Commitments for infrastructure investments in underserved regions are in place through 2030.

• Maintains strong cash position and low leverage, supporting future transformational operations.

• Continued commitment to low leverage, healthy cash flow, and strong shareholder returns.