Universal Technical Institute (UTI)
NYSE:UTI
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Earnings Data
Report Date
Aug 11, 2026After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.13Last Year’s EPS
0.19Same Quarter Last Year
Strong Buy
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented strong operational momentum—solid enrollment growth, revenue expansion, confirmed liquidity, successful early campus ramps, and reaffirmed full-year and long-term targets—supported by robust industry partnerships and structural demand tailwinds. At the same time, near-term profitability is being intentionally reduced by meaningful growth investments and higher operating spending, creating short-term margin and execution risk that management believes will pay off as new campuses and programs scale. Overall the positives around demand, growth trajectory, guidance reaffirmation, and balance sheet strength outweigh the temporary profitability pressures.Company Guidance
Strong Enrollment Momentum
Total new student starts increased ~13.8% year-over-year to 7,569 in Q2; average full-time active students grew 7.2% YoY to 26,385. UTI division average full-time active students grew 5.3% YoY while Concord grew 10.2% YoY.
Revenue Growth
Consolidated revenue for Q2 was $221.4 million, up 6.7% year-over-year. Concord contributed $78.7 million (up 7.5% YoY) and UTI contributed $142.7 million (up 6.3% YoY).
Profitability (Baseline) and Reported Adjusted EBITDA
Baseline adjusted EBITDA was $25.1 million for the quarter. After $11 million of growth investments, SEC-reported adjusted EBITDA was $14.1 million, in line with company expectations for the quarter.
Reaffirmed Full-Year Guidance
Management reaffirmed fiscal 2026 guidance: consolidated revenue of $905M–$915M (≈9% YoY growth at midpoint); net income $40M–$45M (EPS $0.71–$0.80); baseline adjusted EBITDA expected to exceed $150M; SEC-reported adjusted EBITDA $114M–$119M including ~ $40M in growth investments.
New Campus and Program Launch Traction
Three new campuses opened in fiscal 2026 to date and on track to launch ~20 new programs (at least 10 per division). UTI San Antonio exceeded initial starts expectations by nearly 60% and is projected to mature to ~800 students; Atlanta campus expected to serve >1,500 students at scale.
Long-term Growth Targets and Capital Plan
Company reiterated North Star targets: >$1.2 billion revenue by FY2029 with ~10% CAGR and adjusted EBITDA approaching $220M. Plan to open 2–5 new campuses annually and launch 12–20 new programs per year; targeting $100M+ annual capital expenditures to support growth.
Strong Liquidity Position
Total available liquidity at quarter end was $202.4 million (including short-term investments and revolver capacity). Year-to-date capital expenditures were $52.7M (roughly half of expected annual spend).
Industry Partnerships and Market Validation
Long-standing and new industry partnerships strengthened: Porsche milestone of >1,000 technicians graduated from Porsche training centers; new three-year partnership with Fuji Auto for equipment; ongoing inbound interest from employers, municipalities, military and state workforce programs driven by structural demand for skilled trades and healthcare roles.
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 Aug 11, 2026, After Close (Confirmed).
What is Universal Technical Institute (UTI) earnings time?
Universal Technical Institute (UTI) earnings time is at Aug 11, 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 (Q3) is 0.13.