Universal Technical Institute Inc income statement
In fiscal 2025, Universal Technical Institute Inc reported revenue of $836m, up 14.0% on the year before, operating income of $83.5m (a 10.0% margin) and net income of $63.0m, or $1.13 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Sept 2009 | 2010Sept 2010 | 2011Sept 2011 | 2012Sept 2012 | 2013Sept 2013 | 2014Sept 2014 | 2015Sept 2015 | 2016Sept 2016 | 2017Sept 2017 | 2018Sept 2018 | 2019Sept 2019 | 2020Sept 2020 | 2021Sept 2021 | 2022Sept 2022 | 2023Sept 2023 | 2024Sept 2024 | 2025Sept 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 367 | 436 | 452 | 414 | 380 | 378 | 363 | 347 | 324 | 317 | 332 | 301 | 335 | 419 | 607 | 733 | 836 | 884 |
| Selling, general and administrative | 155 | 177 | 184 | 187 | 175 | 172 | 165 | 171 | 145 | 170 | 161 | 149 | 153 | 189 | 256 | 289 | 332 | 381 |
| Operating income | 19 | 46 | 45 | 14 | 6 | 6 | −9 | −19 | −2 | −35 | −8 | −4 | 15 | 22 | 21 | 59 | 83 | 44 |
| Interest expense | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 3 | 3 | 3 | 3 | 0 | 0 | 2 | 10 | 9 | 6 | 4 |
| Income before tax | 19 | 47 | 45 | 15 | 7 | 6 | −11 | −22 | −3 | −36 | −8 | −3 | 15 | 20 | 18 | 56 | 84 | 45 |
| Income tax | 8 | 18 | 18 | 6 | 3 | 4 | −2 | 26 | 5 | −3 | 0 | −11 | 1 | −5 | 6 | 14 | 21 | 11 |
| Net income | 12 | 29 | 27 | 9 | 4 | 2 | −9 | −48 | −8 | −33 | −8 | 8 | 15 | 26 | 12 | 42 | 63 | 34 |
| Diluted EPS | $0.48 | $1.17 | $1.09 | $0.37 | $0.16 | $0.08 | −$0.38 | −$2.02 | −$0.54 | −$1.51 | −$0.52 | $0.05 | $0.17 | $0.38 | $0.13 | $0.75 | $1.13 | $0.61 |
| Diluted shares (average) | 25m | 25m | 25m | 25m | 25m | 25m | 24m | 24m | 25m | 25m | 25m | 30m | 33m | 34m | 34m | 51m | 56m | 56m |
| EBITDA | 36 | 66 | 69 | 38 | 28 | 25 | 8 | −4 | 12 | −22 | 5 | 8 | 29 | 39 | 47 | 88 | 116 | 81 |
| Quarter | 2024 Q4Sept 2024 | 2025 Q1Dec 2024 | 2025 Q2Mar 2025 | 2025 Q3Jun 2025 | 2025 Q4Sept 2025 | 2026 Q1Dec 2025 | 2026 Q2Mar 2026 | 2026 Q3Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 196 | 201 | 207 | 204 | 222 | 221 | 221 | 219 |
| Selling, general and administrative | 71 | 74 | 88 | 85 | 85 | 95 | 104 | 97 |
| Operating income | 26 | 27 | 17 | 14 | 25 | 16 | 0 | 3 |
| Interest expense | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 |
| Income before tax | 25 | 28 | 17 | 14 | 26 | 16 | 0 | 3 |
| Income tax | 7 | 5 | 5 | 4 | 7 | 3 | −0 | 1 |
| Net income | 19 | 22 | 11 | 11 | 19 | 13 | 0 | 2 |
| Diluted EPS | $0.36 | $0.40 | $0.21 | $0.19 | $0.33 | $0.23 | $0.01 | $0.04 |
| EBITDA | 34 | 35 | 25 | 22 | 33 | 25 | 9 | 14 |
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