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Financial statements

Uniti Group Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data Uniti Group Inc. files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2023FY2025FY2025
Revenue1,1501,1672,235
Selling, general and administrative101105352
Operating income378587262
Interest expense481511603
Other non-operating income-18.40.38.1
Pre-tax income-15375.91,168
Income tax-68.5-17.5-137
Net income-81.793.41,305
EBITDA688902929
EPS, basic-0.580.646.61
EPS, diluted-0.580.644.87
Shares, basic (weighted)143143189
Shares, diluted (weighted)143143267
Dividend per share1.000.500.00

Balance sheet

FY2023FY2025FY2025
Cash and equivalents62.315653.5
Inventory044
Other current assets18.1156
Total current assets270831
Property, plant and equipment4,2108,142
Lease right-of-use assets127517
Goodwill1571,158
Intangible assets2751,293
Total assets5,28212,037
Accounts payable13.6172
Deferred revenue2.7113
Short-term debt010
Total current liabilities3811,124
Long-term debt5,7849,529
Lease liabilities67.8361
Total liabilities7,73411,656
Total debt5,7849,529
Paid-in capital1,2362,790
Other comprehensive income-0.6-1.9
Shareholders' equity-2,452380
Minority interests0.50.1
Total equity-2,484-2,452380
Total liabilities and equity5,28212,037
Shares outstanding143234

Cash flow statement

FY2023FY2025FY2025
Net income-81.793.41,305
Depreciation and amortization311315667
Stock-based compensation12.513.523.5
Deferred income tax-68.5-18.9-144
Change in receivables-4.9-6.2-8.5
Change in inventory00-41.5
Change in payables0.27.832.7
Cash from operations353367350
Acquisitions00-230
Cash from investing-411-272-1,012
Debt issued3,1067144,718
Debt repaid-2,750-461-3,784
Dividends paid-107-1090
Cash from financing76.627.1612
Net change in cash18.5122-49.7
Interest paid442478661
Income taxes paid1.32.65.1

Key metrics

Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $8.91 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Operating margin3.2%Operating income / revenue.
EBITDA margin34.4%EBITDA (operating income + depreciation and amortization) / revenue.
Net margin30.4%Net income / revenue.
Operating cash flow margin14.3%Cash from operations / revenue.
Return on equity (ROE)666.9%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)8.3%Net income / average total assets.
Return on invested capital (ROIC)0.9%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue18.2%Selling, general and administrative expense / revenue.
Stock-based pay / revenue0.9%Stock-based compensation (from the cash flow statement) / revenue.
D&A / revenue31.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y91.5%Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y-55.4%Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y3.0%EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y1,297.0%Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y660.9%EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y-4.5%Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y-100.0%Dividend per share vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y127.9%Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y86.2%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio1.22xCurrent assets / current liabilities.
Quick ratio0.50x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.50x(Cash + short-term investments) / current liabilities.
Debt / equity65.9xTotal debt / shareholders' equity. Not shown when equity is negative.
Debt / assets81.9%Total debt / total assets.
Liabilities / assets98.8%Total liabilities / total assets.
Net debt$10.03BTotal debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA8.24xNet debt / EBITDA (twelve months), when EBITDA is positive.
Interest coverage0.17xOperating income / interest expense.
Working capital$270.1MCurrent assets - current liabilities.
Goodwill and intangibles / assets17.7%(Goodwill + intangible assets) / total assets.
Tangible book value-$2.13BShareholders' equity - goodwill - intangible assets.

Efficiency

MetricValueHow it is calculated
Asset turnover0.27xRevenue / average total assets.
Fixed asset turnover0.41xRevenue / average property, plant and equipment.

Per share

MetricValueHow it is calculated
EPS, diluted$4.26Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share$13.99Revenue / diluted weighted shares.
Operating cash flow per share$2.00Cash from operations / diluted weighted shares.
Book value per share$0.69Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per share-$9.07Tangible book value / shares outstanding.
Cash per share$2.59(Cash + short-term investments) / shares outstanding.

Valuation

MetricValueHow it is calculated
Market cap$2.16BShare price x shares outstanding.
Enterprise value$12.19BMarket cap + total debt - cash - short-term investments.
P/E2.01xMarket cap / net income. Only when net income is positive.
P/S0.61xMarket cap / revenue.
P/B13.4xMarket cap / shareholders' equity. Only when equity is positive.
P/OCF4.27xMarket cap / cash from operations, when positive.
EV/Sales3.45xEnterprise value / revenue.
EV/EBIT107xEnterprise value / operating income, when both are positive.
EV/EBITDA10.0xEnterprise value / EBITDA, when both are positive.
Earnings yield49.8%Net income / market cap (the inverse of P/E).
What was Uniti Group Inc.'s revenue in fiscal 2025?

Uniti Group Inc. reported revenue of $2.23B for fiscal 2025, 91.5% higher than the year before.

Was Uniti Group Inc. profitable in fiscal 2025?

Yes. Net income was $1.30B, a net margin of 58.4%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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