Universal Technical Institute Q3 FY26 net income drops 78.64% to $2.3 million; revenue rises 7.2% to $218.9 million
UTI•Updated fiscal 2026 guidance
Updated fiscal 2026 guidance:
- Revenue: $893 million-$900 million
- Net income: $32 million-$36 million
- Adjusted EBITDA: $100 million-$103 million
Student starts and active enrollment increase
Total new student starts increased 10.9% to 6,342; average full-time active students climbed 5.8% to 25,131.
UTI-Atlanta opened in July with initial starts about 30% ahead of expectations; management began a multi-year shift to a unified operating model.
Q3 revenue rises while net income and adjusted EBITDA decline
Universal Technical Institute fiscal Q3 revenue rose 7.2% to $218.9 million; GAAP net income fell to $2.3 million from strategic growth expenses.
GAAP diluted EPS dropped to $0.04; adjusted EBITDA slid to on of strategic growth expenses.
