Universal Technical Institute (UTI) Cost of Revenue (2010 - 2026)
Universal Technical Institute (UTI) posted quarterly Cost of Revenue of $117.4 million for Q1 2026, up 14.58% year-over-year from $102.5 million in Q1 2025, and up 6.32% quarter-over-quarter from $110.4 million in Q4 2025.
Universal Technical Institute (UTI) Cost of Revenue (2010 - 2026) Analysis & Trends
Universal Technical Institute (UTI) has reported Cost of Revenue for 17 consecutive years, with $117.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue rose 14.58% year-over-year to $117.4 million; the TTM figure through Mar 2026 stood at $445.7 million (up 12.2% YoY), while the FY2025 annual figure was $420.5 million, up 9.35% from the prior year.
- Cost of Revenue grew to $117.4 million in Q1 2026 per UTI's latest filing, from $110.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $117.4 million in Q1 2026 and bottomed at $49.2 million in Q1 2022.
- Historically, Cost of Revenue has averaged $89.5 million across 5 years, with a median of $95.3 million in 2024.
- Annual changes were most pronounced in 2023 — Cost of Revenue jumped 76.65% — and 2025, when it climbed 5.13%.
- Universal Technical Institute's Cost of Revenue stood at $61.4 million in 2022, then surged by 50.48% to $92.4 million in 2023, then advanced by 8.37% to $100.1 million in 2024, then climbed by 10.29% to $110.4 million in 2025, then rose by 6.32% to $117.4 million in 2026.
- Business Quant data shows UTI's Cost of Revenue at $117.4 million in Q1 2026, $110.4 million in Q4 2025, and $112.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 717.31 Mn |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 8.21 Mn |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 378.20 Mn |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 525.48 Mn |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 216.75 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 59.96 Mn |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 418.78 Mn |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 74.83 Mn |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 202.24 Mn |
| 10 | Universal Technical Institute | 1.44 Bn | 1.27 Bn | 100.57 Mn | 118.33 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 118.33 Mn |
| Jun 30, 2026 | 118.33 Mn |
| Mar 31, 2026 | 117.43 Mn |
| Mar 31, 2026 | 117.43 Mn |
| Dec 31, 2025 | 110.45 Mn |
| Dec 31, 2025 | 110.45 Mn |
| Sep 30, 2025 | 112.26 Mn |
| Sep 30, 2025 | 112.26 Mn |
| Jun 30, 2025 | 105.60 Mn |
| Jun 30, 2025 | 105.60 Mn |
| Mar 31, 2025 | 102.49 Mn |
| Mar 31, 2025 | 102.49 Mn |
| Dec 31, 2024 | 100.14 Mn |
| Dec 31, 2024 | 100.14 Mn |
| Sep 30, 2024 | 99.36 Mn |
| Sep 30, 2024 | 99.36 Mn |
| Jun 30, 2024 | 95.28 Mn |
| Jun 30, 2024 | 95.28 Mn |
| Mar 31, 2024 | 97.49 Mn |
| Mar 31, 2024 | 97.49 Mn |