UNIVERSAL TECHNICAL INSTITUTE INC (UTI) Form 8-K — Aug 5, 2026
Universal Technical Institute (NYSE: UTI) reported fiscal Q3 2026 revenue of $218.9 million, up 7.2% year over year, but net income fell to $2.3 million from $10.7 million, with diluted EPS of $0.04 versus $0.19 a year earlier. Adjusted EBITDA declined 27.8% to $18.2 million due to $9.0 million of strategic growth expenses tied to new campus launches, even as average full-time active students rose 5.8% to 25,131 and new student starts grew 10.9% to 6,342, with the new UTI-Atlanta campus opening roughly 30% ahead of expectations.
Key figures
- Eps
- 0.04
- Revenue
- 218900000
- Guidance
- FY2026 updated: revenue $893-900M (prior $905-915M), net income $32-36M (prior $40-45M), diluted EPS $0.57-0.64 (prior $0.71-0.80), adjusted EBITDA $100-103M (prior $114-119M), adjusted free cash flow $(20)-0M (prior $20-25M), new student starts 31,900-32,300 (prior 31,500-33,000)
- Net Income
- 2300000
- Total Debt
- 160000000
- Revenue Yoy
- 7.2%
- Total Assets
- 897862000
- Cash Position
- 130060000
- Revolver drawn
- $95.0 million
- Fy26 assumed capex
- ~$110 million
- Nine month revenue
- $661.2 million, up 7.8% YoY
- Q3 adjusted ebitda
- $18.2 million, down 27.8% YoY
- Q3 growth expenses
- $9.0 million
- Nine month cash capex
- $85.4 million
- Nine month net income
- $15.5 million, down 64.9% YoY
- Q3 new student starts
- 6342
- Fy26 growth investments
- ~$35 million
- Total available liquidity
- $180.5 million
- Nine month adjusted ebitda
- $59.5 million, down 33.6% YoY
- Avg full time active students
- 25131
- Nine month adjusted free cash flow
- -$65.6 million
Price after filing
Close on the filing date to close N calendar days later (from $42.23). Historical, not a forecast.
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