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Universal Technical Institute (UTI)
NYSE:UTI
Earnings Data
Report Date
May 13, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
>-0.01Last Year’s EPS
0.21Same Quarter Last Year
Strong Buy
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a generally positive outlook driven by double-digit revenue growth, rising student metrics, repeatable campus ramp success (Austin, Miramar, Fort Myers), reiterated full-year guidance, and healthy liquidity. Near-term headwinds are primarily intentional: sizeable growth investments and elevated CapEx that depress reported EBITDA and free cash flow in the short term and create quarter-to-quarter lumpy profitability. Regulatory timing at the state level and modest short-term marketing and margin pressure are noted risks but are described as managed and transitory within management's execution plan.Company Guidance
Consolidated Revenue Growth
Revenue for Q1 increased 9.6% year-over-year to $220.8 million (reported as $221 million in prepared remarks), driven by growth across both divisions.
Student Metrics Improved
Average full-time active students grew 7.2% year-over-year to 26,858. Total new student starts increased 2.6% to 5,449, and company guidance anticipates 31,500–33,000 new starts for fiscal 2026.
Adjusted EBITDA and Profitability
Baseline adjusted EBITDA was $34.7 million (including $7.6 million of growth investments); SEC reported adjusted EBITDA was $27.1 million. Consolidated net income was $12.8 million, or $0.23 per diluted share.
Strong Segment Performance
Concord revenue rose 11.5% to $78 million and Concord average full-time active students increased 9.5%. UTI revenue rose 8.6% to $142.8 million and UTI average full-time active students increased 5.7%.
New Campus Launches and Ramp Success
Recent campus launches are outperforming models: Austin has over 1,000 average full-time active students (70% above model) and Miramar has over 600. Fort Myers (Heartland) filled to capacity within two weeks and has waiting lists; San Antonio has >300 students ready to start; Atlanta projected to enroll >1,200 at scale.
Aggressive Growth and Program Expansion Plan
Company plans to open a minimum of two and up to five new campuses annually (subject to approvals) and will launch over 20 new programs in fiscal 2026 (12 at UTI and at least 10 at Concord), targeting in-demand skilled trades and allied health programs.
Reiterated Full-Year Guidance and Long-Term Targets
Management reiterated fiscal 2026 revenue guidance of $905–$915 million (~9% year-over-year at midpoint), baseline adjusted EBITDA around $156 million (including ~$40 million in growth investments), and longer-term targets of >$1.2 billion revenue and ~ $220 million adjusted EBITDA by FY2029.
Solid Liquidity and Capital Deployment Visibility
Total available liquidity at quarter end was $233.2 million (including $69.2 million short-term investments and $70.4 million remaining revolver capacity). Year-to-date CapEx was $24 million (24% of expected FY spend), and management affirms a planned ~$100 million annual CapEx run-rate to support growth.
UTI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UTI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 04, 2026 | $27.86 | $24.75 | -11.16% |
Nov 19, 2025 | $29.49 | $23.46 | -20.45% |
Aug 06, 2025 | $33.42 | $27.13 | -18.82% |
May 07, 2025 | $29.62 | $32.77 | +10.63% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Universal Technical Institute (UTI) report earnings?
Universal Technical Institute (UTI) is schdueled to report earning on May 13, 2026, After Close (Confirmed).
What is Universal Technical Institute (UTI) earnings time?
Universal Technical Institute (UTI) earnings time is at May 13, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UTI EPS forecast?
UTI EPS forecast for the fiscal quarter 2026 (Q2) is >-0.01.