Uniti Posts Record Fiber Bookings and a $155.9M Q2 Loss, Updates 2026 Outlook

summarizeSummary

Uniti Group posted record fiber bookings and consumer net adds in Q2 2026, but a $155.9 million net loss and a full-year loss outlook of up to $530 million highlight the cost of its fiber buildout. The company also detailed recent financing transactions and debt management efforts.

check_boxKey Events · Earnings and Guidance · UNIT

• Q2 Net Loss of $155.9M

  Driven by higher depreciation, interest expense, and operating costs following the Windstream merger, Uniti reported a net loss of $155.9 million for Q2 2026, compared to a $10.7 million loss in Q2 2025.

• Record Fiber Infrastructure Bookings

  Fiber Infrastructure achieved record new bookings monthly recurring revenue of approximately $2.2 million, a nearly 30% increase from the prior record, fueled by hyperscaler and neocloud demand.

• Kinetic Consumer Fiber Growth

  Kinetic added approximately 38,000 consumer fiber net adds and constructed 141,000 fiber premises, both quarterly records, with consumer fiber revenue growing 19% year-over-year.

• Updated 2026 Outlook

  Full-year 2026 guidance calls for revenue of $3.63–$3.68 billion, a net loss of $530–$480 million, Adjusted EBITDA of $1.45–$1.5 billion, and interest expense of $805 million.

auto_awesomeAnalysis · UNIT · Technology

Uniti's Q2 results reveal a striking contrast: record fiber infrastructure bookings and consumer net adds underscore strong operational momentum, yet the bottom line remains deeply negative with a $155.9 million net loss. The updated full-year outlook implies a net loss of up to $530 million, though Adjusted EBITDA guidance of $1.45–$1.5 billion suggests the core fiber business is generating substantial cash flow. The recently completed $1.1 billion securitization and debt management moves provide liquidity but add to an already heavy debt load. Investors will weigh the growth story against persistent losses and high leverage.