Uniti Group Inc.
For the period ended Dec 31, 2025. Filed Mar 2, 2026.
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FY2025 · Filed Mar 2, 2026
UNIT$4.20-4.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income (Loss)
| (Millions, except per share data) | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenues and sales: | |||
| Service revenues | $2,171.7 | $1,148.8 | $1,133.0 |
| Sales revenues | 62.8 | 18.1 | 16.8 |
| Total revenues and sales | 2,234.5 | 1,166.9 | 1,149.8 |
| Costs and expenses: | |||
| Cost of services (exclusive of depreciation and amortization included below) | 686.6 | 128.6 | 132.2 |
| Cost of sales (exclusive of depreciation and amortization included below) | 56.0 | 11.7 | 12.1 |
| Selling, general and administrative | 351.5 | 105.0 | 100.5 |
| Depreciation and amortization | 666.6 | 314.9 | 310.5 |
| Goodwill impairment | — | — | 204.0 |
| Gain on sale of operating assets | — | (19.0) | — |
| Transaction related and other costs | 211.8 | 38.7 | 12.6 |
| Total costs and expenses | 1,972.5 | 579.9 | 771.9 |
| Operating income | 262.0 | 587.0 | 377.9 |
| Other income (expense), net | 8.1 | 0.3 | (18.4) |
| Loss on extinguishment of debt | (183.0) | — | (31.2) |
| Gain on settlement of preexisting relationships | 1,683.9 | — | — |
| Interest expense, net | (602.8) | (511.4) | (481.2) |
| Income (loss) before income taxes and equity in earnings from unconsolidated entities | 1,168.2 | 75.9 | (152.9) |
| Income tax benefit | 136.5 | 17.5 | 68.5 |
| Equity in earnings from unconsolidated entities | — | — | 2.7 |
| Net income (loss) | 1,304.7 | 93.4 | (81.7) |
| Participating securities’ share in earnings | (30.6) | (2.1) | (1.2) |
| Dividends declared on preferred stock | (25.4) | — | — |
| Net income (loss) attributable to common shareholders | $1,248.7 | $91.3 | $(82.9) |
| Earnings (loss) per common share (Note 17) | |||
| Basic | $6.61 | $0.64 | $(0.58) |
| Diluted | $4.87 | $0.64 | $(0.58) |
| Weighted-average number of common shares outstanding: | |||
| Basic | 189.0 | 143.1 | 142.5 |
| Diluted | 266.5 | 143.1 | 142.5 |
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