Universal Technical Institute, Inc. (UTI) — Financial statements
Income statement, balance sheet, and cash flow for Universal Technical Institute, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 836↑14.0% | 733↑20.6% | 607↑45.0% | 419↑25.0% | 335 | |
| Cost of Revenue | 420↑9.4% | 385↑16.6% | 330↑59.2% | 207↑24.2% | 167 | |
| Gross Profit | 415↑19.2% | 348↑25.4% | 278↑31.2% | 212↑25.7% | 168 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 243↑15.2% | 211↑14.7% | 184↑36.8% | 134↑18.2% | 114 | |
| Selling & Marketing Expenses | 89↑13.2% | 78↑8.4% | 72↑40.0% | 52↑33.0% | 39 | |
| SG&A Expenses | 332↑14.7% | 289↑12.9% | 256↑39.8% | 183↑20.2% | 153 | |
| Other Expenses | 0.00 | 0.00 | 0.00↓100.0% | 6↑637.5% | 0.80 | |
| Operating Expenses | 332↑14.7% | 289↑12.9% | 256↑35.4% | 189↑23.4% | 153 | |
| Total Costs & Expenses | 752↑11.6% | 674↑15.0% | 586↑47.8% | 396↑23.8% | 320 | |
| Operating Results | ||||||
| Operating Income | 83↑41.7% | 59↑175.2% | 21↓4.4% | 22↑49.7% | 15 | |
| Depreciation & Amortization | 57↑10.9% | 51↑11.7% | 46↑39.8% | 33↑10.6% | 30 | |
| EBITDA | 147↑25.5% | 117↑58.9% | 74↑33.7% | 55↑22.0% | 45 | |
| EBIT | 90↑36.8% | 66↑136.8% | 28↑24.7% | 22↑43.9% | 15 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.54↑117.1% | -3↑16.8% | -4↓153.8% | -1↓430.1% | -0.28 | |
| Interest Income | 6↓2.2% | 6↑7.7% | 6↑1056.0% | 0.51↑510.8% | 0.08 | |
| Interest Expense | 6↓40.5% | 9↓1.9% | 10↑382.3% | 2↑448.5% | 0.37 | |
| Non-Operating Income | -6↑5.5% | -7↓7.3% | -6↓5257.7% | 0.12↑123.9% | -0.52 | |
| Other Income / Expenses | 0.81↑130.3% | -3↑19.7% | -3↓71.3% | -2↓919.1% | 0.24 | |
| Income Before Tax | 84↑49.9% | 56↑210.9% | 18↓11.5% | 20↑34.6% | 15 | |
| Income Tax Expense | 21↑49.4% | 14↑146.8% | 6↑206.6% | -5↓998.2% | 0.60 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 63↑50.0% | 42↑240.9% | 12↓52.3% | 26↑77.3% | 15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 63↑50.0% | 42↑240.9% | 12↓52.3% | 26↑77.3% | 15 | |
| Bottom-Line Net Income | 63↑65.6% | 38↑737.9% | 5↓64.6% | 13↑125.9% | 6 | |
| EPS (Basic) | 1.16↑50.6% | 0.77↑492.3% | 0.13↓66.7% | 0.39↑129.4% | 0.17 | |
| EPS (Diluted) | 1.13↑50.7% | 0.75↑476.9% | 0.13↓65.8% | 0.38↑123.5% | 0.17 | |
| Weighted Average Shares | 54↑9.9% | 49↑45.4% | 34↑2.3% | 33↑1.4% | 33 | |
| Weighted Average Diluted Shares | 56↑9.4% | 51↑47.5% | 34↑2.2% | 34↑1.9% | 33 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.