Selected financial data related to our segments is presented below for the three and six months ended June 30, 2025 and 2024:


	Three Months Ended June 30, 2025
(Thousands)	Uniti Leasing		Uniti Fiber		Corporate		Subtotal of Reportable Segments
Revenues	$	226,478	$	74,254	$	—	$	300,732

Adjusted EBITDA	$	220,111	$	28,763	$	(6,311)	$	242,563
Less:
Interest expense	(46)		13,405		147,425		160,784
Depreciation and amortization	47,607		31,992		64		79,663
Transaction related and other costs							13,462



Other, net							1,977
Stock-based compensation							3,584
Income tax benefit	(2,128)		(3,668)		(382)		(6,178)

Net loss							$	(10,729)

Capital Expenditures	$	3,124	$	34,149	$	865	$	38,138


	Three Months Ended June 30, 2024
(Thousands)	Uniti Leasing		Uniti Fiber		Corporate		Subtotal of Reportable Segments
Revenues	$	218,286	$	76,661	$	—	$	294,947

Adjusted EBITDA	$	210,853	$	31,091	$	(5,285)	$	236,659
Less:
Interest expense	(710)		11,817		116,368		127,475
Depreciation and amortization	44,613		33,425		14		78,052
Transaction related and other costs							10,977


Other, net							1,048
Stock-based compensation							3,397
Income tax expense (benefit)	319		(2,942)		52		(2,571)

Net Income							$	18,281

Capital Expenditures	$	69,592	$	25,222	$	5	$	94,819


	Six Months Ended June 30, 2025
(Thousands)	Uniti Leasing		Uniti Fiber		Corporate		Subtotal of Reportable Segments
Revenues	$	448,846	$	145,795	$	—	$	594,641

Adjusted EBITDA	$	435,237	$	57,519	$	(12,363)	$	480,393
Less:
Interest expense	(145)		28,706		270,210		298,771
Depreciation and amortization	94,458		64,808		80		159,346
Transaction related and other costs							21,309

Other, net							2,827
Stock-based compensation							7,345
Income tax benefit	(1,828)		(8,586)		(282)		(10,696)
Net income							$	1,491

Capital Expenditures	$	179,922	$	65,411	$	865	$	246,198


	Six Months Ended June 30, 2024
(Thousands)	Uniti Leasing		Uniti Fiber		Corporate		Subtotal of Reportable Segments
Revenues	$	435,907	$	145,458	$	—	$	581,365

Adjusted EBITDA	$	421,530	$	54,929	$	(11,172)	$	465,287
Less:
Interest expense	(710)		18,708		232,688		250,686
Depreciation and amortization	89,593		65,917		27		155,537
Transaction related and other costs							16,664
Gain on sale of real estate							(18,999)

Other, net							2,959
Stock-based compensation							6,745
Income tax expense (benefit)	623		(8,750)		193		(7,934)

Net income							$	59,629

Capital Expenditures	$	209,294	$	53,448	$	16	$	262,758


	Uniti Fiber
	Three Months Ended June 30,				Six Months Ended June 30,
(Thousands)	2025		2024		2025		2024
Revenues	$	74,254	$	76,661	$	145,795	$	145,458

Less:
Employee-related (excluding stock-based compensation):
Operating Expense	6,147		6,180		12,212		12,717
General and Administrative Expense	8,872		8,754		17,862		17,678
Network (a)	18,327		18,902		36,759		37,661
Installation, Equipment, & Other Non-recurring Charges (a)	4,173		4,415		5,293		6,987
Insurance (b)	1,067		1,172		2,134		2,346
Professional Fees (b)	1,207		1,173		2,448		2,226



Other	5,698		4,974		11,568		10,914
Adjusted EBITDA	$	28,763	$	31,091	$	57,519	$	54,929

(a) Included within the Operating expense (exclusive of depreciation, accretion and amortization) line item in our Condensed Consolidated Statements of (Loss) Income.

(b) Included within the General and administration expense line item in our Condensed Consolidated Statements of (Loss) Income.


	Uniti Leasing
	Three Months Ended June 30,				Six Months Ended June 30,
(Thousands)	2025		2024		2025		2024
Revenues	$	226,478	$	218,286	$	448,846	$	435,907

Less:
Employee-related (excluding stock-based compensation):
Operating Expense	58		98		124		391
General and Administrative Expense	1,458		1,277		3,147		2,784
Network (a)	4,130		5,595		9,008		10,592



Other	721		463		1,330		610
Adjusted EBITDA	$	220,111	$	210,853	$	435,237	$	421,530

(a) Included within the Operating expense (exclusive of depreciation, accretion and amortization) line item in our Condensed Consolidated Statements of (Loss) Income.