Universal Technical Institute, Inc. (UTI)

UTI Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020
Revenue	809.53	732.69	607.41	418.77	335.08	300.76
Revenue Growth (YoY)	14.56%	20.63%	45.05%	24.97%	11.41%	-9.27%
Cost of Revenue	353.71	332.06	280.46	207.23	166.82	155.93
Gross Profit	455.83	400.62	326.95	211.53	168.27	144.83
Selling, General & Admin	371.22	341.53	303.25	183.26	152.52	148.7
Operating Expenses	371.22	341.53	303.25	183.26	152.52	148.7
Operating Income	84.6	59.09	23.7	28.27	15.75	-3.87
Interest Expense	-6.99	-9.47	-9.66	-2	-0.37	-0.01
Interest & Investment Income	6.31	6.31	5.86	0.51	0.08	1.15
Other Non Operating Income (Expenses)	0.27	0.5	0.48	-0.44	0.52	0.14
EBT Excluding Unusual Items	84.18	56.43	20.39	26.34	15.98	-2.59
Merger & Restructuring Charges	-0.1	-0.2	-2.3	-3.9	-0.8	-
Asset Writedown	-	-	-	-2	-	-
Pretax Income	84.09	56.23	18.09	20.44	15.18	-2.59
Income Tax Expense	20.98	14.23	5.77	-5.41	0.6	-10.6
Net Income	63.1	42	12.32	25.85	14.58	8.01
Preferred Dividends & Other Adjustments	-	3.95	7.78	13.01	8.9	6.4
Net Income to Common	63.1	38.05	4.54	12.84	5.68	1.61
Net Income Growth	111.30%	240.86%	-52.33%	77.27%	82.08%	-
Shares Outstanding (Basic)	54	49	34	33	33	30
Shares Outstanding (Diluted)	56	51	34	34	33	30
Shares Change (YoY)	22.52%	47.48%	2.18%	1.87%	10.00%	18.38%
EPS (Basic)	1.17	0.77	0.13	0.39	0.17	0.05
EPS (Diluted)	1.14	0.75	0.13	0.38	0.17	0.05
EPS Growth	129.25%	476.92%	-65.79%	123.53%	240.00%	-
Free Cash Flow	74.73	61.6	-7.54	-33.42	-6.12	1.77
Free Cash Flow Per Share	1.34	1.21	-0.22	-0.99	-0.18	0.06
Gross Margin	56.31%	54.68%	53.83%	50.51%	50.22%	48.15%
Operating Margin	10.45%	8.06%	3.90%	6.75%	4.70%	-1.29%
Profit Margin	7.80%	5.19%	0.75%	3.07%	1.70%	0.53%
Free Cash Flow Margin	9.23%	8.41%	-1.24%	-7.98%	-1.83%	0.59%
EBITDA	116.82	88.42	48.91	45.16	29.77	7.93
EBITDA Margin	14.43%	12.07%	8.05%	10.78%	8.89%	2.64%
D&A For EBITDA	32.21	29.32	25.22	16.88	14.03	11.8
EBIT	84.6	59.09	23.7	28.27	15.75	-3.87
EBIT Margin	10.45%	8.06%	3.90%	6.75%	4.70%	-1.29%
Effective Tax Rate	24.95%	25.30%	31.87%	-	3.96%	-

Updated Aug 6, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q