Universal Technical Institute (UTI) Operating Expenses (2016 - 2026)
Quarterly Operating Expenses rose 15.99% to $221.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $813.8 million through Mar 2026, up 15.45% year-over-year, with the annual reading at $752.1 million for FY2025, 11.63% up from the prior year.
Universal Technical Institute's Operating Expenses history spans 17 years, with the latest figure at $221.1 million for Q1 2026.
- Operating Expenses came in at $221.1 million for Q1 2026, up from $205.2 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $221.1 million in Q1 2026 to a low of $98.7 million in Q1 2022.
- The 5-year median for Operating Expenses is $170.0 million (2024), against an average of $161.4 million.
- Year-over-year, Operating Expenses soared 59.94% in 2023 and then increased 6.49% in 2024.
- Universal Technical Institute's Operating Expenses stood at $115.6 million in 2022, then surged by 38.86% to $160.5 million in 2023, then rose by 8.41% to $174.0 million in 2024, then increased by 17.94% to $205.2 million in 2025, then increased by 7.75% to $221.1 million in 2026.
- Per Business Quant, the three most recent readings for UTI's Operating Expenses are $221.1 million (Q1 2026), $205.2 million (Q4 2025), and $197.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn | -27.37 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn | 1.18 Bn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn | 11.13 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn | 213.30 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn | 102.49 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn | 158.62 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn | 221.06 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - | 154.77 Mn |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn | 137.55 Mn |
| 10 | American Public Education | 943.17 Mn | 722.17 Mn | 100.11 Mn | 153.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 221.06 Mn |
| Dec 31, 2025 | 205.16 Mn |
| Sep 30, 2025 | 197.46 Mn |
| Jun 30, 2025 | 190.15 Mn |
| Mar 31, 2025 | 190.59 Mn |
| Dec 31, 2024 | 173.95 Mn |
| Sep 30, 2024 | 170.34 Mn |
| Jun 30, 2024 | 170.01 Mn |
| Mar 31, 2024 | 172.98 Mn |
| Dec 31, 2023 | 160.46 Mn |
| Sep 30, 2023 | 159.96 Mn |
| Jun 30, 2023 | 152.62 Mn |
| Mar 31, 2023 | 157.87 Mn |
| Dec 31, 2022 | 115.56 Mn |
| Sep 30, 2022 | 107.17 Mn |
| Jun 30, 2022 | 99.01 Mn |
| Mar 31, 2022 | 98.71 Mn |
| Dec 31, 2021 | 91.50 Mn |
| Sep 30, 2021 | 84.70 Mn |
| Jun 30, 2021 | 80.72 Mn |
| Mar 31, 2021 | 79.37 Mn |
| Dec 31, 2020 | 75.35 Mn |
| Sep 30, 2020 | 70.17 Mn |
| Jun 30, 2020 | 68.26 Mn |
| Mar 31, 2020 | 83.22 Mn |
| Dec 31, 2019 | 82.98 Mn |
| Sep 30, 2019 | 82.23 Mn |
| Jun 30, 2019 | 79.50 Mn |
| Mar 31, 2019 | 87.33 Mn |
| Dec 31, 2018 | 90.26 Mn |
| Sep 30, 2018 | 91.31 Mn |
| Jun 30, 2018 | 86.69 Mn |
| Mar 31, 2018 | 89.48 Mn |
| Dec 31, 2017 | 84.76 Mn |
| Sep 30, 2017 | 82.44 Mn |
| Jun 30, 2017 | 79.04 Mn |
| Mar 31, 2017 | 81.81 Mn |
| Dec 31, 2016 | 82.79 Mn |
| Sep 30, 2016 | 92.13 Mn |
| Jun 30, 2016 | 87.72 Mn |