Filing Flows › Uniti Group (UNIT) › Q3 2025
Uniti Group (UNIT) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 7, 2025
Uniti Group (UNIT) reported revenue of $723M for the third quarter 2025 (Q3 2025), +147% from a year earlier and +140% from the quarter before. Operating margin was -5.9%, net earnings $1.6B (222.7% of revenue).
Uniti Group, Q3 2025: revenue $723M (+147% year over year), operating margin -5.9%, net earnings $1.6B, operating cash flow $46.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $723M | +140% | +147% |
| Operating profit | −$42.6M | -129% | — |
| Net earnings | $1.6B | — | — |
| Operating cash flow | $46.2M | -74% | — |
What changed
Revenue was $722.6M in Q3 2025, up 147% year over year and up 140% from the previous quarter. Service revenues was the largest line at 74% of revenue. Service revenues added $479.3M year over year (up 847%), 111% of the total change.
Operating costs exceeded revenue by $42.6M, an operating margin of -5.9%. Total costs grew 394% against revenue growth of 147%. The fastest-growing cost line was Other operating costs (+402%). Net earnings were $1,608.9M, up 13088% year over year. The effective tax rate was -9.1%. Non-operating items added $1,517.0M, 103% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $46.2M, 3% of net earnings. Non-cash charges added back $202.3M of depreciation and amortization and $10.1M of share-based compensation. Working capital and other items used $1,775.1M. Capital expenditures of $215.0M exceeded it, leaving free cash flow of −$168.8M.
Questions
What was Uniti Group's revenue in the third quarter 2025?
Uniti Group (UNIT) reported revenue of $723M for the third quarter 2025 (Q3 2025), +147% from a year earlier and +140% from the quarter before.
Was Uniti Group profitable in the third quarter 2025?
Operating loss was $42.6M (-5.9% of revenue) and net earnings $1.6B.
Source: Uniti Group 10-Q on SEC EDGAR.