Universal Technical Institute (UTI) Operating Expenses (2010 - 2026)

Universal Technical Institute (UTI) recorded quarterly Operating Expenses of $221.1 million in Q1 2026, up 7.75% quarter-over-quarter from $205.2 million in Q4 2025, and up 15.99% on a YoY basis from $190.6 million in Q1 2025.

Universal Technical Institute (UTI) Operating Expenses (2010 - 2026) Analysis & Trends

Universal Technical Institute's Operating Expenses history runs 17 years deep, the most recent figure standing at $221.1 million for Q1 2026.

  • In Q1 2026, Operating Expenses rose 15.99% year-over-year to $221.1 million; the TTM figure through Mar 2026 stood at $813.8 million (up 15.45% YoY), while the FY2025 annual figure was $752.1 million, up 11.63% from the prior year.
  • Operating Expenses was $221.1 million for Q1 2026 at Universal Technical Institute, 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.
  • Historically, Operating Expenses has averaged $161.4 million across 5 years, with a median of $170.0 million in 2024.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses jumped 59.94% in 2023, then rose 6.49% in 2024.
  • A 5-year view of Operating Expenses shows it stood at $115.6 million in 2022, then soared by 38.86% to $160.5 million in 2023, then grew by 8.41% to $174.0 million in 2024, then climbed by 17.94% to $205.2 million in 2025, then rose by 7.75% to $221.1 million in 2026.
  • The last three Operating Expenses figures came in at $221.1 million (Q1 2026), $205.2 million (Q4 2025), and $197.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 51Talk Online Education 7.03 Bn 6.99 Bn 22.18 Mn -27.37 Mn
2 Laureate Education 5.22 Bn 5.06 Bn -16.39 Mn 11.13 Mn
3 Graham Holdings 5.09 Bn 4.08 Bn 841.00 Mn 1.18 Bn
4 Covista 4.40 Bn 4.40 Bn 276.31 Mn 395.69 Mn
5 Stride 4.17 Bn 3.36 Bn 231.57 Mn 102.49 Mn
6 Grand Canyon Education 3.94 Bn 3.69 Bn 244.77 Mn 213.30 Mn
7 McGraw Hill 2.19 Bn 1.94 Bn 388.89 Mn 395.25 Mn
8 Universal Technical Institute 2.14 Bn 1.97 Bn 103.97 Mn 221.06 Mn
9 Perdoceo Education 2.13 Bn 1.45 Bn 174.68 Mn 158.62 Mn
10 Strategic Education 1.69 Bn 1.53 Bn - 154.77 Mn

Historic Data

Download Data
DateValue
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