Uniti Group (NASDAQ:UNIT) reported a fourth-quarter net loss of $305.7 million on Monday, reflecting the heavy financial lifting required to complete its massive merger with Windstream.
The Little Rock, Arkansas-based Real Estate Investment Trust (REIT) posted a loss of $1.19 per share for the quarter, even as revenue climbed to $917.3 million following the consolidation of the two telecommunications giants in August 2025.
For the full year 2025, Uniti reported a net profit of $1.3 billion, or $4.87 per share, though this figure was significantly bolstered by a one-time, non-cash gain of approximately $1.68 billion related to the settlement of preexisting relationships during the Windstream transaction.
Total annual revenue reached $2.23 billion.
Despite the quarterly bottom-line loss, the company’s operational metrics showed strong momentum in its "insurgent fiber" strategy.
The Kinetic consumer fiber segment reported a 24% year-over-year increase in revenue, supported by a record 38,000 gross subscriber additions in the fourth quarter.
The company also announced the signing of the largest customer contract in its history—a multi-year agreement with a major hyperscale data center provider.