Uniti Q2 2026: Revenue triples post-merger, but operating income falls 78% on integration

Filed July 30, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~2 min read

Key Changes

• high

  Total revenue surged 202.5% YoY to $909.7M, driven by the August 2025 Windstream merger. Windstream operations contributed 87% of consolidated revenue in Q2 2026, marking the first full quarter of combined operations.

  MD&A: Consolidated Results verify on EDGAR →
• high

  Operating income fell 78% YoY to $32.2M despite revenue growth. Net loss widened 1504% to -$171.6M, driven by a $32.4M increase in below-the-line deductions (non-operating/other -$25.9M, income tax -$6.5M) — the bottom-line deterioration did not come from operations.

  MD&A: Consolidated Results verify on EDGAR →
• high

  Post-quarter, the company issued $1.1B Kinetic ABS 2026-2 Notes (anticipated repayment June 2033) and used proceeds to purchase assets from subsidiary guarantors. The company intends to deploy $500M of net cash to repay senior secured debt and the remainder for growth capex.

  Subsequent Events verify on EDGAR →