Universal Technical Institute reported a 15% YoY increase in revenue to $204.3 million in Q3, with a 114% YoY surge in net income to $10.7 million and a 37% YoY rise in adjusted EBITDA to $25.3 million. The company celebrated its 60th anniversary with new HVACR programs and a first-place finish at the 2025 Aerospace Maintenance Competition. Despite a 3% YoY decrease in new student starts for the UTI division, the Concorde Career Colleges division saw an 18.8% increase in average full-time active students and a 9.1% rise in new student starts.
Universal Technical Institute (UTI) reported robust financial performance for the third quarter of fiscal 2025, with revenue growing by 15.1% year-over-year (YoY) to $204.3 million, exceeding analyst expectations [1]. This increase was driven by a 12.7% growth in average full-time active students and expansion investments [1].
The company's adjusted EBITDA surged by 37.3% YoY to $25.3 million, surpassing estimates [1]. Net income soared by 114% YoY to $10.7 million, while operating income reached $14.15 million [1].
UTI also celebrated its 60th anniversary with the introduction of new HVACR programs and a first-place finish at the 2025 Aerospace Maintenance Competition [1]. Despite a 3% YoY decrease in new student starts for the UTI division, the Concorde Career Colleges division saw an 18.8% increase in average full-time active students and a 9.1% rise in new student starts [1].
The company raised its fiscal 2025 revenue guidance to $830 million - $835 million and its new student starts guidance to 29,500 - 30,000 [1]. UTI plans accelerated growth for its Concorde programs in the next fiscal year.
Analysts are optimistic about UTI's prospects. The current average analyst rating on the shares is "buy," with no "hold" or "sell" recommendations [1]. The stock recently traded at 30 times the next 12-month earnings, compared to a P/E of 27 three months ago [1].
References:
[1] https://www.tradingview.com/news/reuters.com,2025:newsml_PLXA2081B:0-universal-technical-institute-q3-revenue-up-15-1-beats-estimates/
[2] https://www.nasdaq.com/articles/universal-technical-institute-uti-q3-earnings-and-revenues-beat-estimates
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