Uniti Group posts $987M revenue amid rapid fiber segment scaling

Uniti Group (NASDAQ:UNIT) reported consolidated revenue of $987.5 million for the first quarter ended March 31, 2026.

The results were highlighted by a 15% year-over-year increase in consolidated fiber revenue, reflecting the company’s aggressive deployment of long-haul and metro fiber assets to support 5G backhaul and hyperscale data center demand.

The company reported a net loss of $70.3 million for the quarter.

The deficit was primarily influenced by the company's capital-intensive build-out strategy and a net interest expense burden that remains a focal point for investors.

However, underlying profitability remained robust, with adjusted EBITDA reaching $441.6 million, representing a 45% margin.

Uniti’s fiber segment now accounts for a growing portion of this earnings base as the company diversifies away from its legacy copper-based leasing business.

Meanwhile, Uniti continues to expand its national footprint, which now spans over 140,000 fiber route miles and connects more than 30,000 on-net buildings.

Management noted that the demand for "dark fiber" and high-capacity transport remains at record levels, particularly in the Southeast and Midwest regions where Uniti maintains a dominant infrastructure position.

The company's leasing segment, which primarily consists of the master lease with Windstream, performed in line with expectations, providing a steady foundation of recurring cash flow.

Following the quarterly results, Uniti provided full-year 2026 guidance that reflects ongoing investment in its "Fiber-to-the-Tower" and "Fiber-to-the-Home" initiatives.

For the full year, the company forecasts total revenue of $3.61 billion to $3.66 billion.