Universal Technical Institute Q3 revenue rises 7.2%, profit falls and FY2026 guidance is cut
Universal Technical Institute reported fiscal third-quarter 2026 results for the quarter ended June 30, 2026, with revenue up 7.2% to $218.9 million while net income fell to $2.3 million, driven mainly by strategic growth expenses. The company lowered its fiscal 2026 outlook for revenue, net income, diluted EPS and Adjusted EBITDA, which lowers expected earnings for shareholders this year.
Key points
- Q3 revenue $218.9 million, up 7.2% from $204.3 million; net income $2.3 million vs. $10.7 million a year earlier
- Q3 diluted EPS $0.04 vs. $0.19; Adjusted EBITDA $18.2 million vs. $25.3 million, including $9.0 million in strategic growth investments
- FY2026 net income guidance cut to $32 million-$36 million from $40 million-$45 million; diluted EPS to $0.57-$0.64 from $0.71-$0.80
- FY2026 revenue guidance cut to $893 million-$900 million from $905 million-$915 million; Adjusted EBITDA to $100 million-$103 million from $114 million-$119 million
The filing
Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.