UNIVERSAL TECHNICAL INSTITUTE INC (UTI) Form 10-Q — Aug 6, 2026
Universal Technical Institute's fiscal Q3 2026 10-Q shows revenue of $218.9 million, up 7.2% year over year, on strong enrollment momentum — average full-time active students rose 5.8% to 25,131 and new student starts jumped 10.9%. Profitability moved sharply the other way: net income fell 79% to $2.3 million (diluted EPS $0.04 vs $0.19) as roughly $9.0 million of quarterly strategic growth expenses for new campuses and programs, a $1.1 million Phase I restructuring charge, and higher credit-loss provisions compressed margins. Nine-month net income fell to $15.5 million from $44.3 million despite revenue up 7.8% to $661.2 million.
Key figures
- Eps
- 0.04
- Revenue
- 218907000
- Net Income
- 2279000
- Total Debt
- 160256000
- Revenue Yoy
- 7.2% (Q3) / 7.8% (nine months)
- Total Assets
- 897862000
- Cash Position
- 130060000
- Shares Outstanding
- 55095231
- Q3 ebitda
- 13758000
- Capex nine months
- 80900000
- Nine month ebitda
- 47662000
- Nine month revenue
- 661153000
- Aggregate liquidity
- 180500000
- Q3 ebitda prior year
- 22616000
- New student starts q3
- 6342
- Nine month net income
- 15539000
- Nine month diluted eps
- 0.28
- Q3 diluted eps prior year
- 0.19
- New student starts yoy pct
- 10.9
- Nine month ebitda prior year
- 83058000
- Restructuring charges phase1
- 1100000
- Revolver repayment july 2026
- 95000000
- Strategic growth expenses q3
- 9000000
- Operating cash flow prior year
- 40226000
- Operating cash flow nine months
- 17402000
- Nine month net income prior year
- 44262000
- Liquidity decrease since sept 2025
- 74000000
- Average full time active students q3
- 25131
- Strategic growth expenses nine months
- 27600000
- Provision for credit losses prior year
- 15063000
- End of period full time active students
- 24408
- Provision for credit losses nine months
- 22403000
- Average full time active students yoy pct
- 5.8
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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