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Uniti Group (UNIT) Q4 2024 earnings results (fourth quarter 2024)

10-K filed Mar 24, 2025

Uniti Group (UNIT) reported revenue of $293M for the fourth quarter 2024 (Q4 2024) and +0.4% from the quarter before. Operating margin was 50.3%, net earnings $21.6M (7.4% of revenue).

Revenue$293M
Year over year—
Quarter over quarter+0.4%
Operating margin50.3%
Net earnings$21.6M

Uniti Group, Q4 2024: revenue $293M, operating margin 50.3%, net earnings $21.6M, operating cash flow $186M. The chart follows the revenue to costs, profit and cash.

Q4 2024AmountQ/QY/Y
Revenue$293M+0.4%—
Operating profit$148M+8%—
Net earnings$21.6M+77%—
Operating cash flow$186M——
Free cash flow$158M——

What changed

Revenue was $293.3M in Q4 2024, roughly flat from the previous quarter.

Operating profit was $147.6M, a 50.3% margin. Net earnings were $21.6M. The effective tax rate was -20.7%.

Operating cash flow was $185.5M, 859% of net earnings. Non-cash charges added back $80.0M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items added $80.5M. Capital expenditures of $27.0M left free cash flow of $158.5M.

Questions

What was Uniti Group's revenue in the fourth quarter 2024?

Uniti Group (UNIT) reported revenue of $293M for the fourth quarter 2024 (Q4 2024) and +0.4% from the quarter before.

Was Uniti Group profitable in the fourth quarter 2024?

Operating profit was $148M (50.3% of revenue) and net earnings $21.6M.

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Source: Uniti Group 10-K on SEC EDGAR.