Uniti Group Inc. · NASDAQ:UNIT
Uniti — Q2 2025 Earnings Presentation
16 slides from Uniti's earnings presentation, Jul 31, 2025
Slide 1: 2Q25 Financial Earnings July 31, 2025
2Q25 Financial Earnings July 31, 2025
Slide 2: Forward-looking statements
2 This presentation includes forward - looking statements that are subject to risks and uncertainties that could cause actual future events and results to differ materially from those expressed in the forward - looking statements. Forward - looking statements are typically identified by words or phr
Slide 3: Strategic priorities: Premier broadband provider, innovative wholesale leader
3 Be the PREMIER broadband provider Be the INNOVATIVE wholesale leader OPERATIONS & SUPPORT Be the unwavering foundation that aligns, nurtures and enables us to be our best Focus o diversity and inclusion Forge Ahead With Fiber Fortify Our High - Quality Focus Foster Healthy Customer Connections Pav
Slide 4: 2Q25 highlights
4 ▪ Continued progress towards planned Uniti merger, with close expected on or around August 1, 2025 ▪ Completed sales of IPv4 assets for $27M year to date ($156M over last 6 quarters) ▪ Achieved Adjusted EBITDAR (1) of $365M , up 1% y - o - y ▪ Consumer fiber expansion continued with 52K new premis
Slide 5: Consumer Fiber Expansion Extending our Fiber Coverage
5 Consumer Fiber Expansion Extending our Fiber Coverage ▪ 52K new consumer premises added in 2Q25 ▪ 1.7M consumer premises passed, representing 38% coverage of consumer households ▪ Ended 2Q with 483K consumers on 1G capable facilities, up 19K sequentially ▪ Fiber penetration of 28.1%, an improvemen
Slide 6: Marketing Initiatives are Driving Penetration in Both Older and New Cohorts
25% 28% 28% 29% 31% 30% 2022 2023 2024 Marketing Initiatives are Driving Penetration in Both Older and New Cohorts Note: Cohort penetration reflects consumers on 1G capable facilities, within the respective cohort, at the 12 - month (Year 1 Pene tration), 24 - month (Year 2 Penetration), and 36 - mo
Slide 7: Financial Overview
Financial Overview 2024 2024 2024 2024 2024 2025 2025 Q1 Q2 Q3 Q4 YE Q1 Q2 Revenue and Sales Kinetic 628$ 603$ 584$ 570$ 2,384$ 572$ 562$ Managed Services 285 258 251 236 1,030 241 218 Wholesale 118 107 120 112 457 118 122 Segment Service Revenue 1,030$ 969$ 955$ 917$ 3,871$ 931$ 902$ Intersegment E
Slide 8: Quarterly supplemental schedules (Pro Forma) Appendix
Quarterly supplemental schedules (Pro Forma) Appendix 8
Slide 9: Non-GAAP financial measures notes
Supplemental Financial Information As a result of an internal reorganization completed on April 23, 2025, New Windstream, LLC (“New Windstream”) replaced Windstream Holdings, II, LLC as the parent company. New Windstream ("we", "us", "our", or "the Company") has pr d in this Investor St unaudited ad
Slide 10: Unaudited Adjusted Results of Operations (Non-GAAP)
Supplemental Financial Information ‘NEW WINDSTREAM, LLC UNAUDITED ADJUSTED RESULTS OF OPERATIONS (NON-GAAP) ‘QUARTERLY SUPPLEMENTAL INFORMATION forthe quarterly periods inthe years 2025 and 2024 (a mulions) 2025 ADIUSTED RESULTS OF OPERATIONS: Foul Bad Qt OW. Tonal ah Oe Sad Ot. TOW. ‘Revenues and s
Slide 11: Debt leverage ratio and available liquidity
Supplemental Financial Information ‘NEW WINDSTREAM, LLC UNAUDITED ADJUSTED RESULTS OF OPERATIONS (NON-GAAP) QUARTERLY SUPPLEMENTAL INFORMATION for the quarterly periods in the years 2025 and 2024 (ia millions) Asof Debt Leverage Ratio: 6/30/2025 Long-term debt, including current maturities (E) ‘Add:
Slide 12: Managed Services revenue
Supplemental Financial Information mag Services ect mc eg TODD Mage Sere ers me ease TDM) WINDSTREAM
Slide 13: Quarterly Supplemental Information - Business Segments
Supplemental Financial Information NEW WINDSTREAM, LLC ‘QUARTERLY SUPPLEMENTAL INFORMATION - BUSINESS SEGMENTS for the quarterly periods in the years 2025 and 2024 (ia muiions) 2025 2024 Total 2ad Ot 1st Or. Total 4h Oe 3d Or. 3ad Ot 1st Or Total segment revenues and expenses Revenues and sales: Ser
Slide 14: Quarterly Supplemental Information - Operating Statistics
Supplemental Financial Information NEW WINDSTREAM, LLC QUARTERLY SUPPLEMENTAL INFORMATION - OPERATING STATISTICS for the quarterly periods in the years 2025 and 2024 (Units in thousands, Dollars in millions, except per unit amounts) 2028 Total 2nd Ore Total Kinetic Operating Metrics: Fiber consumer
Slide 15: Quarterly Supplemental Information - Non-GAAP Reconciliation
Supplemental Financial Information NEW WROSTREAM LIC (QUARTERLY SUPPLENGNTAL INFORMATION . NON GAAP RECONCELIATION: {exh quest prods fe years 2025 an 2028 Garaliees) Net Qo) cme s ter ents A) Adyused EBITDA (4s) ‘lineal et pd fr promt capa expen and by Uns ‘Cu pin raters om emer dee aay Un ding of p
Slide 16: Reconciliation of Previously Reported to Revised Segment Information
Supplemental Financial Information NEW WINDSTREAM, LLC RECONCILIATION OF PREVIOUSLY REPORTED TO REVISED SEGMENT AND CONSOLIDATED INFORMATION {forthe quarter ended March 31, 2026 and the year ended December 31, 2024 (ia millions) ‘Quarter Ended March 31 Kinetic Managed Services, _ Wholesale Revenues